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Why Amarin Shares Are Trading Lower By 23%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session

Published 19/07/2023, 18:34
© Reuters.  Why Amarin Shares Are Trading Lower By 23%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session

Benzinga - Gainers

  • Biodexa Pharmaceuticals Plc (NASDAQ: BDRX) rose 43% to $6.91.
  • SMX (Security Matters) Public Limited Company (NASDAQ: SMX) jumped 39.1% to $0.2031. Security Matters received a notice of allowance for its U.S. patent application 17/285,167 Titled "System And Method For Detection And Identification Of Foreign Elements In A Substance By X-Ray Or Gamma-Ray Detection And Emission."
  • Carvana Co. (NYSE: CVNA) shares jumped 32.3% to $52.67 after the company reported better-than-expected second-quarter sales and guided positive adj. EBITDA for the third quarter. Carvana entered into distribution agreement with Citigroup, Moelis relating to offering of up to $1 billion of class A common stock.
  • Panbela Therapeutics, Inc. (NASDAQ: PBLA) gained 29.5% to $2.68 after the company divested certain assets in its eflornithine pediatric neuroblastoma program to US WorldMeds for $9.5 million.
  • JX Luxventure Limited (NASDAQ: JXJT) gained 22.3% to $2.85 after the company reported a new artificial intelligence initiative.
  • Frontier Communications Parent, Inc. (NASDAQ: FYBR) rose 20.2% to $14.55.
  • 60 Degrees Pharmaceuticals, Inc. (NASDAQ: SXTP) shares gained 19.9% to $2.90 after dipping 21% on Tuesday.
  • Rubicon Technologies, Inc. (NASDAQ: RBT) climbed 18.4% to $0.6442 after jumping 39% on Tuesday.
  • Harrow Health, Inc. (NASDAQ: HROW) gained 17.3% to $21.43 after the company acquired US & Canadian rights to certain eye disease products and announced $60 million equity offering.
  • Lumen Technologies, Inc. (NYSE: LUMN) surged 16% to $1.8750.
  • Ribbon Communications Inc. (NASDAQ: RBBN) rose 15.7% to $3.4490. Powerlink Queensland selected Ribbon's IP wave solutions to transform operational network.
  • Canoo Inc. (NASDAQ: GOEV) gained 15% to $0.8021.
  • Root, Inc. (NASDAQ: ROOT) rose 15% to $12.25.
  • bluebird bio, Inc. (NASDAQ: BLUE) shares climbed 15% to $3.62. B of A Securities upgraded bluebird bio from Neutral to Buy and raised the price target from $6 to $10.
  • CareMax, Inc. (NASDAQ: CMAX) gained 14.7% to $2.96.
  • Applied Optoelectronics, Inc. (NASDAQ: AAOI) rose 14.7% to $8.80.
  • FOXO Technologies Inc. (NYSE: FOXO) shares climbed 12.6% to $0.1701. FOXO Technologies announced the launch of Bioinformatics Services to revolutionize epigenetic data analysis.
  • Deep Medicine Acquisition Corp. (NASDAQ: DMAQ) shares rose 12.6% to $12.95. Deep Medicine Acquisition And Bright Vision Sponsor LLC have made non-redemption agreements with six unaffiliated third parties, as per reports filed on July 12, 2023 and July 14, 2023.
  • Startek, Inc. (NYSE: SRT) shares gained 11.2% to $3.1815. CSP Management Ltd said on July 18, CSP EAF II GP Limited, as general partner of CSP Fund II LP (CSP EAF) submitted an offer letter to Startek's board.
  • Westport Fuel Systems Inc. (NASDAQ: WPRT) gained 10.7% to $10.79. Volvo and Westport Fuel System signed a Letter of Intent to establish joint venture to reduce CO2 emissions from long-haul transport.
  • Vroom, Inc. (NASDAQ: VRM) gained 8.4% to $2.43 following strong quarterly results from Carvana. Vroom and Carvana both operate online used car retail platforms.
  • AT&T Inc. (NYSE: T) rose 7.4% to $14.45 after the company said less than 10% of its nationwide copper-wire telecom network has lead-clad cables in response to a last week story.
  • Elevance Health, Inc. (NYSE: ELV) climbed 6.7% to $473.31 after the company reported better-than-expected second-quarter financial results and raised guidance.
  • VMware, Inc. (NYSE: VMW) gained 5.5% to $167.27 after the UK's Competition and Markets Authority (CMA) provisionally cleared Broadcom Inc (NASDAQ: AVGO) to buy the company.
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Losers
  • Sono Group N.V. (NASDAQ: SEV) declined 34.1% to $0.2233 after the company received a notice of delisting from the Nasdaq.
  • Amarin Corporation plc (NASDAQ: AMRN) fell 22.7% to $1.1050 after the company initiated an organizational restructuring program and issued lower interim second-quarter revenues.
  • Aqua Metals, Inc. (NASDAQ: AQMS) fell 18.3% to $1.38 after the company priced $17.4 million public offering of 15.82 million shares of common stock at a price of $1.10 per share.
  • Aptevo Therapeutics Inc. (NASDAQ: APVO) shares dipped 17.4% to $0.8999. Aptevo Therapeutics recently announced that its bispecific acute myelogenous leukemia (AML) drug candidate APVO436, in combination with venetoclax and azacitidine, achieved positive duration of remission resultsin its Phase 1b dose-escalation trial.
  • Genprex, Inc. (NASDAQ: GNPX) fell 14.8% to $0.8857 after the company reported a $7.5 million registered direct offering priced at-the-market under Nasdaq rules.
  • ViewRay, Inc. (NASDAQ: VRAY) declined 14.6% to $0.0755 after jumping 29% on Tuesday. ViewRay recently filed voluntary Chapter 11 petitions.
  • Toast, Inc. (NYSE: TOST) shares fell 14.2% to $22.96. Toast made a decision to remove $0.99 order processing fee from new version of digital ordering suite by the end of this week.
  • KWESST Micro Systems Inc. (NASDAQ: KWE) shares fell 13.7% to $2.26.
  • 9 Meters Biopharma, Inc. (NASDAQ: NMTR) fell 12.8% to $0.17. 9 Meters Biopharma announced on July 17th it, along with its subsidiaries, ceased operations and filed a voluntary petition for relief under the Bankruptcy Code.
  • Joby Aviation, Inc. (NYSE: JOBY) shares declined 11.8% to $8.87. JP Morgan downgraded Joby Aviation from Neutral to Underweight and raised the price target from $5 to $6.
  • Biophytis S.A. (NASDAQ: BPTS) shares fell 10.3% to $2.7908 after reporting a $3.8 million registered direct offering.
  • Omnicom Group Inc. (NYSE: OMC) shares fell 10.2% to $88.00 after reporting downbeat second-quarter sales.
  • ZyVersa Therapeutics, Inc. (NASDAQ: ZVSA) fell 9.3% to $0.21 after declining 8% on Tuesday.
  • Liberty TripAdvisor Holdings, Inc. (NASDAQ: LTRPB) shares tumbled 9.2% to $33.00.
  • Shengfeng Development Limited (NASDAQ: SFWL) shares declined 8.1% to $5.93.
  • Archer Aviation Inc. (NYSE: ACHR) shares fell 7.6% to $4.8700. JP Morgan maintained Archer Aviation with an Overweight and raised the price target from $5 to $6.
  • ECARX Holdings Inc. (NASDAQ: ECX) shares slipped 7.4% to $5.44.
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