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Why JPMorgan Shares Are Trading Lower By Around 5%? Here Are Other Stocks Moving In Friday's Mid-Day Session
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Why JPMorgan Shares Are Trading Lower By Around 5%? Here Are Other Stocks Moving In Friday's Mid-Day Session
Shares of JPMorgan Chase & Co. (NYSE: JPM) fell sharply during Friday’s session following first-quarter earnings. Net revenue (managed) of $42.5 billion (+8% Y/Y), beating the consensus of $41.8 billion. Excluding an item resulted in an increase of $550 million (after tax) to reported net income from $13.4 billion to $14.0 billion and an increase of $0.19 per share to reported EPS from $4.44 to $4.63. EPS was $4.44, beating the consensus of $4.15. JPMorgan Chase shares dipped 5.1% to $185.49 on Friday. Here are some other stocks moving in today's mid-day session. Gainers PaxMedica, Inc. (NASDAQ: PXMD) jumped 143% to $1.0101 after the company announced the completed execution of its three pivotal registration/validation batches of PAX-101. EZGO Technologies Ltd. (NASDAQ: EZGO) gained 83.3% to $2.86. EZGO entered into a $1.84 million procurement agreement for sale of security patrol robots and platform. Allarity Therapeutics, Inc. (NASDAQ: ALLR) shares jumped 58.8% to $3.6550 after dipping 29% on Thursday. Allarity Therapeutics filed prospectus supplement to increase offering price of common stock that may be offered from $1.4 million to $2.4 million. Beneficient (NASDAQ: BENF) rose 45.5% to $0.1006 after dipping around 10% on Thursday. NextPlat Corp (NASDAQ: NXPL) shares jumped 44% to $2.1799 after the company reported a year-over-year increase in FY23 consolidated revenue results. NextPlat announced a proposed business combination with Progressive Care Inc. HUB Cyber Security Ltd. (NASDAQ: HUBC) gained 31.6% to $1.54. 9F Inc. (NASDAQ: JFU) surged 25.1% to $3.63. Hanryu Holdings, Inc. (NASDAQ: HRYU) surged 25% to $0.51. Argan, Inc. (NYSE: AGX) gained 21.5% to $59.97 as the company reported better-than-expected results for its fourth quarter on Thursday. Rent the Runway, Inc. (NASDAQ: RENT) gained 19.6% to $23.55. Rent the Runway shares jumped 162% ...
Benzinga · Apr 12, 2024
Why Fastenal Shares Are Trading Lower By Around 7%? Here Are Other Stocks Moving In Thursday's Mid-Day Session
Shares of Fastenal Company (NASDAQ: FAST) fell sharply during Thursday’s session following worse-than-expected first-quarter financial results. Fastenal reported first-quarter FY24 sales growth of 1.9% Y/Y to $1.895 billion, missing the consensus of $1.914 billion. The company's first-quarter EPS was 52 cents, missing the consensus of 53 cents. Fastenal shares dipped 6.7% to $69.73 on Thursday. Here are some other stocks moving in today's mid-day session. Gainers Rallybio Corporation (NASDAQ: RLYB) shares climbed 89.6% to $3.09 after the company announced a collaboration with Johnson & Johnson to advance therapeutics for pregnant individuals at risk of FNAIT. Rent the Runway, Inc. (NASDAQ: RENT) shares jumped 74.5% to $12.91 after the company reported mixed fourth-quarter financial results and issued guidance. Eliem Therapeutics, Inc. (NASDAQ: ELYM) jumped 59.6% to $4.2650. The company announced that it entered into a definitive acquisition agreement to acquire Tenet and it also entered into a securities purchase agreement for a $120 million private placement. Akanda Corp. (NASDAQ: AKAN) gained 36% to $0.1632. Akanda, last month, announced a plan to evaluate opportunities in Bitcoin, Blockchain and AI applications in the cannabis industry. Alpine Immune Sciences, Inc. (NASDAQ: ALPN) rose 36.6% to $64.25 after Vertex entered into an agreement to acquire the company. Candel Therapeutics, Inc. (NASDAQ: CADL) surged 29.6% to $6.61 after the company received FDA orphan drug designation for CAN-2409 for the treatment of pancreatic cancer. Enliven Therapeutics, Inc. (NASDAQ: ELVN) gained 26% to $24.97. Enliven Therapeutics announced proof ...
Benzinga · Apr 11, 2024
Why Westport Fuel Systems Shares Are Trading Lower By Around 10%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session
Shares of Westport Fuel Systems Inc. (NASDAQ: WPRT) fell sharply during Tuesday’s session after posting a wider-than-expected fourth-quarter loss. Westport Fuel Systems posted a quarter loss of 81 cents per share, compared to market expectations for a loss of 51 cents per share. Westport Fuel Systems shares dipped 9.9% to $6.52 on Monday. Here are some other stocks moving in today's mid-day session. Gainers Stoke Therapeutics, Inc. (NASDAQ: STOK) shares gained 72.6% to $11.24 after the company announced Phase 1/2a data supporting the potential for STK-001 in Dravet syndrome. C3is Inc. (NASDAQ: CISS) climbed 65% to $0.0581 after the company reported a year-over-year increase in fourth-quarter financial results. OpGen, Inc. (NASDAQ: OPGN) shares climbed 48.2% to $0.7039 after the company entered into a securities purchase agreement with a private investor, David Lazar, to acquire 3 million shares of Series E Convertible Preferred Stock at $1.00 per share for aggregate gross proceeds of $3.0 million. Mesoblast Limited (NASDAQ: MESO) gained 43.2% to $3.1501. Mesoblast was notified by the U.S. FDA that available clinical data from Phase 3 trial appear sufficient to support BLA submission for Remestemcel-L in children with steroid-refractory acute graft versus host disease. Praxis Precision Medicines Inc (NASDAQ: PRAX) gained 31.9% to $66.63 after the company reported results from a Phase 2a proof of concept study evaluating PRAX-628 in epilepsy patients with PPR. Nuvation Bio Inc (NYSE: NUVB) climbed 24.4% to $2.80 after BTIG upgraded the stock from Neutral to Buy. Check-Cap Ltd. (NASDAQ: CHEK) shares gained 24.3% to $2.40 after the company announced that it entered into a definitive Business Combination Agreement with Nobul AI. Viking Therapeutics ...
Benzinga · Mar 26, 2024
Why Core & Main Are Trading Lower By 7%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session
Gainers Palisade Bio, Inc. (NASDAQ: PALI) shares jumped 114% to $1.47. Palisade Bio transformed GI-focused pipeline through exclusive worldwide licensing agreement with Giiant Pharma, Inc. for multiple oral drug candidates targeting inflammatory bowel disease. FOXO Technologies Inc. (NYSE: FOXO) gained 51.3% to $0.2164 after the company's FOXO LIFE subsidiary announced an agreement with Atrio, expanding its distribution through Atrio/Singular's sales network. iCoreConnect Inc. (NASDAQ: ICCT) shares climbed 46% to $9.83. iCoreConnect announced new version of its iCoreExchange encrypted HIPAA email and referral network. Marin Software Incorporated (NASDAQ: MRIN) rose 29% to $0.5535 after the company reported HubSpot integration. AeroVironment, Inc. (NASDAQ: AVAV) jumped 28.7% to $122.65 after the company reported better-than-expected results for its first quarter. FLJ Group Limited (NASDAQ: FLJ) shares jumped 23.1% to $0.2401. FLJ Group is scheduled to hold its 2023 annual general meeting on Sept. 18, 2023. Power REIT (NYSE: PW) gained 22.4% to $1.2550. Theratechnologies Inc. (NASDAQ: THTX) gained 19% to $1.2250. Cidara Therapeutics, Inc. (NASDAQ: CDTX) climbed 18.5% to $0.94 after Janssen elected to proceed under its license agreement relating to influenza candidate. Adamas One Corp. (NASDAQ: JEWL) gained 18.3% to $0.9105. Adamas One received Nasdaq notification of non-compliance with listing rule 5250(c)(1). 9F Inc. (NASDAQ: JFU) gained 15.3% to $2.8699. Mitek Systems, Inc. (NASDAQ: MITK) shares surged 15% to $13.00 after the company posted first-quarter results and raised FY23 guidance. NextGen Healthcare, Inc. (NASDAQ: NXGN) rose 14.5% to $23.54 after the company agreed to be acquired by Thoma Bravo for $23.95 per share in cash. Gogo Inc. (NASDAQ: GOGO) climbed 14.5% to $12.75. Gogo announced a $50 million share repurchase program. Northern Dynasty Minerals Ltd. (NYSE: NAK) gained 14.1% to $0.3125. Northern Dynasty's pebble project received positive assessment with strong economic prospects and benefits for Alaska. Anghami Inc. (NASDAQ: ANGH) climbed 13.1% to $0.95. Hitek Global Inc. (NASDAQ:
Benzinga · Sep 6, 2023
Why Tupperware Brands Shares Dipped Around 42%; Here Are 89 Biggest Movers From Yesterday
Gainers Starry Group Holdings, Inc. (NYSE: STRY) rose 55.6% to close at $0.28 on Wednesday after reporting Q3 results. Benefitfocus, Inc. (NASDAQ: BNFT) shares surged 48.2% to settle at $10.36 on Wednesday after the company announced it will be acquired by Voya Financial for $10.50 per share. Forza X1, Inc. (NASDAQ: FRZA) climbed 45% to close at $2.45 after the company announced it received 50 electric boat reservations in the last 90 days, potentially resulting in over $8.5 million in revenue. Bandwidth Inc. (NASDAQ: BAND) rose 41.6% to close at $17.42 after the company reported better-than-expected Q3 sales results. The company also issued Q4 and FY22 sales guidance above analyst estimates. Rayonier Advanced Materials Inc. (NYSE: RYAM) shares gained 34.2% to close at $6.00 as the company posted upbeat quarterly results. Chegg, Inc. (NYSE: CHGG) gained 22% to close at $25.75 after the company reported better-than-expected Q3 results. The company also issued FY22 sales guidance above analyst estimates. Huadi International Group Co., Ltd. (NASDAQ: HUDI) climbed 21.3% to close at $30.84. Arcturus Therapeutics Holdings Inc. (NASDAQ: ARCT) shares gained 18.7% to close at $21.69 after the company announced collaboration with CSL to develop and commercialize self-amplifying mRNA vaccines. Arcturus to receive upfront payment of $200 million. Codiak BioSciences, Inc. (NASDAQ: CDAK) climbed 18% to close at $0.9082. Quad/Graphics, Inc. (NYSE: QUAD) climbed 17.8% to close at $3.17 after the company reported Q3 EPS and sales results up from last year. The company also raised its FY22 sales growth expectations. Cocrystal Pharma, Inc. (NASDAQ: COCP) climbed 15.8% to close at $2.79. Cocrystal Pharma was granted European patent covering oral antiviral candidate CC-42344 in combination with another antiviral agent for the treatment of influenza. Rail Vision Ltd. (NASDAQ: RVSN) surged 14.7% to settle at $0.7982. LSI Industries Inc. (NASDAQ: LYTS) jumped 14.2% to close at $8.91 following strong quarterly earnings. Mercury General Corporation (NYSE: MCY) gained 14.1% to close at $33.06 following strong quarterly earnings. CNS Pharmaceuticals, Inc. (NASDAQ: CNSP) jumped 13.6% to close at $0.1998. CNS Pharmaceuticals announced dosing of first patient in europe/france in ongoing potentially pivotal global trial evaluating Berubicin for the treatment of GBM, an aggressive and incurable form of brain cancer. Frequency Therapeutics, Inc. (NASDAQ: FREQ) gained 13.4% to settle at $2.03 after Baird initiated coverage on the stock with an Outperform rating and $10 price target. BZ Wire 9F Inc. (NASDAQ: JFU) gained 13.2% to close at $0.2550. Sun Country Airlines Holdings, Inc. (NASDAQ: SNCY) gained 12.7% to close at $18.45 following Q3 results. UFP Technologies, Inc. (NASDAQ: UFPT) rose 12.7% to settle at $104.63 following Q3 results. Allarity Therapeutics, Inc. (NASDAQ: ALLR) gained 12.5% to settle at $0.63. Super Micro Computer, Inc. (NASDAQ: SMCI) rose 12.5% to close at $80.84 after the company reported better-than-expected Q3 EPS and sales results. Lindblad Expeditions Holdings, Inc. (NASDAQ: LIND) jumped 12.2% to close at $9.32 following strong Q3 results. Li Auto Inc (NASDAQ: LI) gained 12.1% to settle at $16.32. Li Auto recently reported it delivered 10,052 vehicles in October 2022, up 31.4% year over year. OneSpan Inc. (NASDAQ: OSPN) surged 11.8% to settle at $11.63 following Q3 results. RLX Technology Inc. (NYSE: RLX) gained 11.7% to settle at $1.53 after climbing around 10% on Tuesday. United Therapeutics Corporation (NASDAQ: UTHR) climbed 11.1% to ...
Benzinga · Nov 3, 2022
Why Benefitfocus Shares Are Trading Higher By Around 48%? Here Are 64 Stocks Moving In Wednesday's Mid-Day Session
Gainers Starry Group Holdings, Inc. (NYSE: STRY) gained 56% to $0.2808 after reporting Q3 results. Benefitfocus, Inc. (NASDAQ: BNFT) shares jumped 47.8% to $10.33 after the company announced it will be acquired by Voya Financial for $10.50 per share. Akso Health Group (NASDAQ: AHG) gained 44% to $0.7280. Rayonier Advanced Materials Inc. (NYSE: RYAM) shares climbed 40.9% to $6.30 as the company posted upbeat quarterly results. Forza X1, Inc. (NASDAQ: FRZA) jumped 39% to $2.3495 after the company announced it received 50 electric boat reservations in the last 90 days, potentially resulting in over $8.5 million in revenue. Bandwidth Inc. (NASDAQ: BAND) gained 36.9% to $16.84 after the company reported better-than-expected Q3 sales results. The company also issued Q4 and FY22 sales guidance above analyst estimates. Arcturus Therapeutics Holdings Inc. (NASDAQ: ARCT) shares rose 32.8% to $24.30 after the company announced collaboration with CSL to develop and commercialize self-amplifying mRNA vaccines. Arcturus to receive upfront payment of $200 million. Lindblad Expeditions Holdings, Inc. (NASDAQ: LIND) jumped 31.1% to $10.91 following strong Q3 results. Sonoma Pharmaceuticals, Inc. (NASDAQ: SNOA) gained 29.3% to $3.22. Huadi International Group Co., Ltd. (NASDAQ: HUDI) surged 29.3% to $32.88. Chegg, Inc. (NYSE: CHGG) rose 24.2% to $26.23 after the company reported better-than-expected Q3 results. The company also issued FY22 sales guidance above analyst estimates. electroCore, Inc. (NASDAQ: ECOR) jumped 21% to $0.3568. Sun Country Airlines Holdings, Inc. (NASDAQ: SNCY) gained 19.5% to $19.56 following Q3 results. Cocrystal Pharma, Inc. (NASDAQ: COCP) rose 17.3% to $2.83. Cocrystal Pharma was granted European patent covering oral antiviral candidate CC-42344 in combination with another antiviral agent for the treatment of influenza. Quad/Graphics, Inc. (NYSE: QUAD) gained 17.1% to $3.15 after the company reported Q3 EPS and sales results up from last year. The company also raised its FY22 sales growth expectations. trivago N.V. (NASDAQ: TRVG) jumped 16.8% to $1.2150. 9F Inc. (NASDAQ: JFU) gained 16.3% to $0.2620. Codiak BioSciences, Inc. (NASDAQ: CDAK) jumped 16.2% to $0.8950. Super Micro Computer, Inc. (NASDAQ: SMCI) rose 16% to $83.38 after the company reported better-than-expected Q3 EPS and sales results. VEON Ltd. (NASDAQ: VEON) jumped 15.7% to $0.4050. VEON said it is conducting a sale process for its Russian ...
Benzinga · Nov 2, 2022
Why Otonomy Shares Dipped By Around 54%; Here Are 67 Biggest Movers From Yesterday
Gainers Nutex Health Inc. (NASDAQ: NUTX) jumped 72.4% to settle at $0.9551 on Thursday. Nutex Health recently provided a corporate update. FedNat Holding Company (NASDAQ: FNHC) shares surged 56.5% to close at $0.3513 on Thursday after dipping 34% on Wednesday. Digital Brands Group, Inc. (NASDAQ: DBGI) gained 42.7% to close at $0.11. Digital Brands Group finalized new agreement for $20 million revenue sundry acquisition scheduled to close in November. Laser Photonics Corporation (NASDAQ: LASE) shares jumped 41.4% to close at $4.13 after the company announced the Coca-Cola Company recently completed the implementation of its first CleanTech Handheld Laser Blasting system in its manufacturing facilities. American Virtual Cloud Technologies, Inc. (NASDAQ: AVCT) gained 35.8% to close at $1.82. Ambow Education Holding Ltd. (NYSE: AMBO) gained 28.5% to settle at $0.3212. Ambow Education Holding recently posted a Q2 loss of $0.23 per share. Service Properties Trust (NASDAQ: SVC) gained 27.3% to close at $7.04. Service Properties Trust recently entered into agreement to sell 16 hotels for $136.3 million. Oblong, Inc. (NASDAQ: OBLG) jumped 26.5% to close at $0.2299. Revlon, Inc. (NYSE: REV)climbed 21.8% to close at $4.81. United Maritime Corporation (NASDAQ: USEA) gained 21.7% to close at $2.19. United announced sale of two Aframax petroleum tankers and delivery of the previously announced LR2 tankers for $62.5 million. VectivBio Holding AG (NASDAQ: VECT) rose 21.5% to close at $7.90 after the company announced interim data from its STARS Nutrition Phase 2 study of apraglutide. The company also priced a 16.7 million share offering at $7.50 per share. Corbus Pharmaceuticals Holdings, Inc. (NASDAQ: CRBP) climbed 20.6% to close at $0.1326 after dipping 20% on Wednesday. AnPac Bio-Medical Science Co., Ltd. (NASDAQ: ANPC) gained 19.9% to close at $0.2026. AnPac Bio recently announced board and management changes. Tenon Medical, Inc. (NASDAQ: TNON) rose 19.1% to close at $1.50. SOBR Safe, Inc. (NASDAQ: SOBR) climbed 19.1% to close at $3.05. Senti Biosciences, Inc. (NASDAQ: SNTI) jumped 17.8% to close at $3.77. ACM Research, Inc. (NASDAQ: ACMR) rose 17% to close at $9.48. ACM Research’s subsidiary ACM Research (Shanghai), Inc posted preliminary revenue for the quarter that ended September 30, 2022, and backlog figures for ACM Shanghai as of September 30, 2022. ReTo Eco-Solutions, Inc. (NASDAQ: RETO) gained 16.7% to settle at $0.44. Quad/Graphics, Inc. (NYSE: QUAD) rose 16.7% to close at $2.58. Huadi International Group Co., Ltd. (NASDAQ: HUDI) rose 16.2% to close at $30.92. Digital World Acquisition Corp. (NASDAQ: DWAC) gained 14.7% to close at $18.30 following Wednesday reports ...
Benzinga · Oct 14, 2022
Why Laser Photonics Shares Are Trading Higher By Around 44%, Here Are 50 Stocks Moving In Thursday's Mid-Day Session
Gainers FedNat Holding Company (NASDAQ: FNHC) shares jumped 89% to $0.4242 after dipping 34% on Wednesday. AnPac Bio-Medical Science Co., Ltd. (NASDAQ: ANPC) rose 51.2% to $0.1212. AnPac Bio recently announced board and management changes. Laser Photonics Corporation (NASDAQ: LASE) shares climbed 43.8% to $4.20 after the company announced the Coca-Cola Company recently completed the implementation of its first CleanTech Handheld Laser Blasting system in its manufacturing facilities. Crown ElectroKinetics Corp. (NASDAQ: CRKN) gained 35% to $0.3801. Dunxin Financial Holdings Limited (NYSE: DXF) rose 30.5% to $0.4566 after gaining over 23% on Wednesday. Digital World Acquisition Corp. (NASDAQ: DWAC) climbed 25.7% to $20.07 following Wednesday reports suggesting Google has approved the Truth Social app on the Google Play Store. Digital World is the SPAC merger partner of Truth Social owner Trump Media & Technology. Meta Materials Inc. (NASDAQ: MMAT) shares rose 22.4% to $1.2850 after jumping 33% on Wednesday. Meta Materials recently received $4.3 million in purchase orders. Revlon, Inc. (NYSE: REV)gained 21% to $4.81. Novo Integrated Sciences, Inc. (NASDAQ: NVOS) gained 19% to $0.7970. Lixiang Education Holding Co., Ltd. (NASDAQ: LXEH) jumped 13.7% to $3.23. Kubient, Inc. (NASDAQ: KBNT) gained 13.5% to $1.01. Vigil Neuroscience, Inc. (NASDAQ: VIGL) surged 12.8% to $15.70. NeoVolta Inc. (NASDAQ: NEOV) rose 11% to $4.94. Corbus Pharmaceuticals Holdings, Inc. (NASDAQ: CRBP) rose 10.2% to $0.1212 after dipping 20% on Wednesday. NatWest Group plc (NYSE: NWG) gained 10.2% to $5.19. Smart for Life, Inc. (NASDAQ: SMFL) jumped 9% to $0.3599. Domino's Pizza, Inc. (NYSE: DPZ) shares gained 8.3% to $326.89 after the company reported slightly better-than-expected Q3 sales and US same store sales growth of 2%. Albertsons Companies, Inc. (NYSE: ACI) gained 7.7% to $27.64. Kroger is said ...
Benzinga · Oct 13, 2022
Why Norwegian Cruise Line Shares Climbed By Around 12%; Here Are 66 Biggest Movers From Yesterday
Gainers Pintec Technology Holdings Limited (NASDAQ: PT) shares jumped 216.2% to close at $0.9058 on Wednesday. Agrify Corporation (NASDAQ: AGFY) climbed 88% to close at $ 0.9540 on Wednesday after climbing over 32% on Tuesday. FLJ Group Limited (NASDAQ: FLJ) jumped 86.3% to close at $2.85 on Wednesday. 9F Inc. (NASDAQ: JFU) gained 83.4% to close at $0.3485. FOXO Technologies Inc. (NASDAQ: FOXO) jumped 59.3% to close at $1.43 after the company announced its insurance distribution subsidiary, FOXO LIFE, recruited its first distribution partner, BGA Insurance, to begin product rollout in California. Happiness Development Group Limited (NASDAQ: HAPP) climbed 59.1% to close at $3.85. Happiness Development Group shareholders approved a 1 for 20 reverse split of ordinary shares. Hempacco Co., Inc. (NASDAQ: HPCO) shares gained 43.4% to close at $3.14 after the company reported a 486% year-on-year jump in first-half FY22 revenue to about $2.8 million. mCloud Technologies Corp. (NASDAQ: MCLD) jumped 39.4% to close at $2.23. Code Chain New Continent Limited (NYSE: CCNC) shares climbed 38.8% to close at $0.2290 on Wednesday after declining around 14% on Tuesday. Vigil Neuroscience, Inc. (NASDAQ: VIGL) gained 37% to close at $13.92. Applied DNA Sciences, Inc(NASDAQ: APDN) rose 36.5% to close at $2.73. Applied DNA Sciences recently received its largest single purchase order for LinearDNA™ valued above the mid-six-figures. Aspen Group, Inc. (NASDAQ: ASPU) rose 35.3% to settle at $0.4424 after the company cancelled its equity distribution agreement. Pineapple Energy Inc.. (NASDAQ: PEGY) jumped 34% to close at $6.70. The stock has been a momentum name for a few weeks now. Meta Materials Inc. (NASDAQ: MMAT) gained 33% to close at $1.05. Oriental Culture Holding LTD (NASDAQ: OCG) rose 31.6% to close at $0.89. Compugen Ltd. (NASDAQ: CGEN) gained 29.2% to close at $0.8521. Gatos Silver, Inc. (NYSE: GATO) gained 29.1% to close at $3.33. Gatos Silver reported a 59% year-over-year surge in Q3 silver production. Visionary Education Technology Holdings Group Inc. (NASDAQ: VEDU) gained 28.8% to close at $0.79. Celularity Inc. (NASDAQ: CELU) gained 20.9% to close at $2.26. LumiraDx Limited (NASDAQ: LMDX) jumped 20.9% to settle at $1.04. Adamis Pharmaceuticals Corporation (NASDAQ: ADMP) surged 18% to close at $0.1728 after jumping over 16% on Tuesday. Adamis Pharmaceuticals recently announced a review of strategic alternatives. ObsEva SA (NASDAQ: OBSV) rose 16.9% to close at $0.1851 after dropping 3% on Tuesday. El ...
Benzinga · Oct 13, 2022
Why Snowflake Is Trading Higher By 20%, Here Are 51 Stocks Moving In Thursday's Mid-Day Session
Gainers Kiora Pharmaceuticals, Inc. (NASDAQ: KPRX) jumped 91% to $0.2530 after Ladenburg Thalmann initiated coverage on the stock with a Buy rating and announced a price target of $6.50. Cosmos Holdings Inc. (NASDAQ: COSM) gained 33% to $0.52 after the company's subsidiary SkyPharm launched its first Sky Premium Life products on Amazon in the U.S. 9F Inc. (NASDAQ: JFU) rose 37.2% to $0.5898 after dropping 28% on Wednesday. Bright Minds Biosciences Inc. (NASDAQ: DRUG) jumped 30% to $2.5850 after gaining 49% on Wednesday. Bright Minds priced overnight marketed offering of 2.858 million units at $1.40 per unit. Golden Sun Education Group Limited (NASDAQ: GSUN) gained 29.1% to $34.92. Shares of several Chinese stocks traded higher after the Chinese government announced new stimulus spending, which lifted investor sentiment. Anticipation of the Fed's Jackson Hole symposium is also impacting stocks. Kaival Brands Innovations Group, Inc. (NASDAQ: KAVL) rose 26.5% to $1.6700 after the company announced that the U.S. Court of Appeals ruled in favor of the company's subsidiary Bidi Vapor after the FDA failed to consider marketing plans and sales access restrictions. Vaccitech plc (NASDAQ: VACC) shares climbed 25% to $5.89. The company recently posted a profit for the second quarter. TDCX Inc (NYSE: TDCX) shares gained 23.4% to $10.28. TDCX , on Wednesday, reported second-quarter FY22 revenue growth of 23.3% year-on-year to $116.6 million, beating the consensus of $114.2 million. Snowflake Inc. (NYSE: SNOW) gained 20.3% to $191.80 after the company reported better-than-expected Q2 sales results and issued product revenue guidance. Avaya Holdings Corp. (NYSE: AVYA) gained 19% to $1.5099. Shares of software and IT Services companies traded higher amid overall market strength as traders anticipate Fed chair Jerome Powell's speech at the Jackson Hole economic symposium. T Uxin Limited (NASDAQ: UXIN) gained 18.5% to $ 0.7250. Shares of several Chinese stocks traded higher after the Chinese government announced new stimulus spending, which lifted investor sentiment. Anticipation of the Fed's Jackson Hole symposium is also impacting stocks. Shoe Carnival, Inc. (NASDAQ: SCVL) jumped 16.3% to $26.29 after the company reported Q2 earnings results. ECMOHO Limited (NASDAQ: MOHO) shares rose 16.3% to $0.17. FREYR Battery (NYSE: FREY) rose 16.2% to ...
Benzinga · Aug 25, 2022
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