Okay, so there is a company called TransCode Therapeutics that makes medicines. They sold some of their shares (like pieces of the company) to people and got money from it. But after they did this, the price of their shares went down by more than 24%. This made the people who bought the shares lose some money.
Now, there are other companies that had big changes in their share prices too. Some went up a lot and some went down. One company called Charge Enterprises saw its share price go up by 105%, which means it became worth much more than before. Another company called Kaman Corporation is being bought by another bigger company for $1.8 billion, so its share price also went up a lot.
Share prices can change because of many reasons, like news about the company or what other people think about the company's future. Sometimes these changes are big and fast, which can make people happy or sad depending on whether they bought or sold shares.
Read from source...
- The article title is misleading and sensationalist, implying a causal relationship between TransCode Therapeutics shares performance and other stocks moving in the session. A more accurate title would be "TransCode Therapeutics Shares Plummet By Over 24% Amid Common Stock Offering: Other Stocks Moving In Friday's Mid-Day Session".