iQIYI Inc - ADR (NASDAQ: IQ) shares are trading lower by 12.78% to $5.84 during Tuesday's trading session after the company announced a proposed offering of 76.5 million American Depositary Shares, priced at $5.90 per share.
Chinese video streaming platform IQIYI, Inc's (NASDAQ: IQ) extended reality (XR) business showcased the first headset of a new product line, incorporating elements of augmented, virtual, and mixed reality technology.
Gainers
Kala Pharmaceuticals, Inc. (NASDAQ: KALA) shares gained 130.5% to $9.03 after the company announced FDA acceptance of a IND application for its KPI-012 for the treatment of persistent corneal epithelial defect.