Avalon GloboCare (ALBT) shares fell 26% pre-bell Monday after the company disclosed late Friday in a Form 8-K filing with the US Securities and Exchange Commission that it plans to file an appeal to stay the delisting of the company's securities from Nasdaq.
Edesa Biotech (EDSA) shares decreased 17% following a muted session.
Talen Energy (TLN) shares were down more than 13% after the company said Sunday that it is evaluating its options after the Federal Energy Regulatory Commission rejected an amended services agreement with PHM Interconnection and PPL Electric Utilities.
B. Riley Financial (RILY) shares retreated 9% after the company said in a Form 8-K filing with the US Securities and Exchange Commission that Franchise Group, a retailer backed by the bank, has filed for Chapter 11 bankruptcy and that it expects to book an additional impairment charge related to its Freedom VCM investment and Vintage loan receivable, which are estimated to be about $120 million in the aggregate.
Envoy Medical (COCH) shares fell more than 9% after a 3.8% loss on Friday.
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