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Why Atlassian Shares Are Trading Lower By 10%? Here Are Other Stocks Moving In Friday's Mid-Day Session

Published 05/05/2023, 17:56
Updated 05/05/2023, 19:10
© Reuters.  Why Atlassian Shares Are Trading Lower By 10%? Here Are Other Stocks Moving In Friday's Mid-Day Session

Benzinga - Gainers

  • Nanobiotix S.A. (NASDAQ: NBTX) shares jumped 127% to $4.53 after the company announced it is entering into final contract negotiations after agreement to a non-binding term sheet for development and commercialization of NBTXR3 with a major global pharmaceutical company.
  • PacWest Bancorp (NASDAQ: PACW) gained 53% to $4.86. Shares of beaten-down regional banking stocks surged on Friday following a report by Bloomberg that the Federal Deposit Insurance Corporation may exempt smaller banks with assets below $10 billion from contributing to its Deposit Insurance Fund.
  • Minim, Inc. (NASDAQ: MINM) shares climbed 42% to $4.07 after dropping around 19% on Thursday.
  • fuboTV Inc. (NYSE: FUBO) gained 39% to $1.5599 after the company reported better-than-expected Q1 financial results and raised FY23 guidance.
  • Owens & Minor, Inc. (NYSE: OMI) surged 36.3% to $18.48 following Q1 results.
  • Carvana Co. (NYSE: CVNA) jumped 34% to $9.65 after the company reported better-than-expected Q1 results and said it expects to achieve positive adjusted EBITDA in Q2.
  • B. Riley Financial, Inc. (NASDAQ: RILY) gained 30.3% to $36.62 following Q1 results.
  • Western Alliance Bancorporation (NYSE: WAL) rose 30% to $23.70. Shares of beaten-down regional banking stocks surged on Friday following a report by Bloomberg that the Federal Deposit Insurance Corporation may exempt smaller banks with assets below $10 billion from contributing to its Deposit Insurance Fund.
  • Leju Holdings Limited (NYSE: LEJU) gained 29.9% to $3.30.
  • nLIGHT, Inc. (NASDAQ: LASR) rose 28.8% to $11.89 following strong quarterly results.
  • Redfin Corporation (NASDAQ: RDFN) gained 26.4% to $8.95 following upbeat quarterly results.
  • Identiv, Inc. (NASDAQ: INVE) gained 25.1% to $6.38 after the company reported better-than-expected Q1 sales results.
  • Baosheng Media Group Holdings Limited (NASDAQ: BAOS) climbed 25% to $7.70.
  • Dogness (International) Corporation (NASDAQ: DOGZ) jumped 25% to $1.05.
  • Galmed Pharmaceuticals Ltd. (NASDAQ: GLMD) gained 24.7% to $0.37. Galmed Pharmaceuticals entered into an agreement for $1.5 million equity investment in OnKai.
  • Opendoor Technologies Inc. (NASDAQ: OPEN) jumped 24.5% to $1.6815 following strong quarterly results.
  • LifeVantage Corporation (NASDAQ: LFVN) gained 22% to $3.71 after the company said Q3 sales results were higher year over year.
  • Metropolitan Bank Holding Corp. (NYSE: MCB) jumped 21.4% to $24.11.
  • Funko, Inc. (NASDAQ: FNKO) rose 20.2% to $11.24 after the company reported better-than-expected Q1 results.
  • Zapp Electric Vehicles Group Limited (NASDAQ: ZAPP) surged 19.4% to $4.8010.
  • Enviva Inc. (NYSE: EVA) jumped 19.2% to $8.36. Enviva recently reported weak Q1 results.
  • SPX Technologies, Inc. (NASDAQ: SPXC) surged 18.7% to $73.21 after the company posted upbeat quarterly results and raised FY23 revenue guidance.
  • Tritium DCFC Limited (NASDAQ: DCFC) gained 18.6% to $1.07 after reporting a $40 million capital investment.
  • ACM Research, Inc. (NASDAQ: ACMR) rose 18% to $10.48 following Q1 results.
  • Icahn Enterprises L.P. (NASDAQ: IEP) surged 17.2% to $35.26 after the company announced its intention to declare a $2/unit distribution and said the Hindenburg report does not affect its liquidity.
  • DraftKings Inc. (NASDAQ: DKNG) gained 17% to $24.92 after the company reported better-than-expected Q1 results and raised its FY23 revenue guidance.
  • BILL Holdings, Inc. (NYSE: BILL) climbed 17% to $93.50 after the company reported better-than-expected Q3 results.
  • Save Foods, Inc. (NASDAQ: SVFD) jumped 17% to $0.9167 after gaining around 12% on Thursday. Save Foods, last month, acquired 30 million common shares of Plantify Foods, Inc. at a purchase price of CA$0.05 per share.
  • Gannett Co., Inc. (NYSE: GCI) gained 17.6% to $1.94. Gannett reported a first-quarter FY23 sales decline of 10.6% year-on-year to $668.92 million, missing the consensus of $681.30 million.
  • NCR Corporation (NYSE: NCR) surged 16% to $22.73 following strong quarterly earnings.
  • WW International, Inc. (NASDAQ: WW) rose 16% to $8.79 following Q1 results.
  • Zions Bancorporation (NASDAQ: ZION) gained 15% to $23.09. JP Morgan upgraded Zions Bancorp from Underweight to Overweight and announced a $29 price target.
  • Affirm Holdings, Inc. (NASDAQ: AFRM) rose 14.4% to $10.44
  • Pintec Technology Holdings Limited (NASDAQ: PT) jumped 14% to $1.06.
  • MultiPlan Corporation (NYSE: MPLN) surged 14% to $0.8237.
  • Wayfair Inc. (NYSE: W) gained 13.5% to $41.10. Wayfair reported better-than-expected Q1 financial results.
  • Coinbase Global, Inc. (NASDAQ: COIN) surged 13.4% to $55.84 after the company reported better-than-expected Q1 results.
  • Comerica Incorporated (NYSE: CMA) rose 13.3% to $35.35. JP Morgan upgraded Comerica from Neutral to Overweight and announced a $46 price target.
  • Proto Labs, Inc.(NYSE: PRLB) gained 13.2% to $31.72 following upbeat quarterly results.
  • ADT Inc. (NYSE: ADT) gained 12.4% to $5.76.
  • AGBA Group Holding Limited (NASDAQ: AGBA) gained 11.8% to $2.07 after dropping 18% on Thursday.
  • Select Medical Holdings Corporation (NYSE: SEM) rose 10.2% to $31.99 following strong quarterly results.
  • VCI Global Limited (NASDAQ: VCIG) surged 9.9% to $4.0863 after dropping around 30% on Thursday.
  • Teradata Corporation (NYSE: TDC) gained 8.1% to $44.43 following strong quarterly sales.
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Losers
  • Soligenix, Inc. (NASDAQ: SNGX) shares dipped 48.7% to $1.17. Soligenix priced its 6,538,500 share public offering at $1.30 per share.
  • Aptinyx Inc. (NASDAQ: APTX) fell 41% to $0.0697.
  • TOP Financial Group Limited (NASDAQ: TOP) dropped 32.2% to $11.81.
  • DermTech, Inc. (NASDAQ: DMTK) fell 30.2% to $2.20 after the company reported wider-than-expected quarterly loss.
  • Cardlytics, Inc. (NASDAQ: CDLX) dropped 28.8% to $5.90 after the company reported mixed Q1 financial results.
  • Telephone and Data Systems, Inc. (NYSE: TDS) dropped 25.4% to $7.13 after the company reported worse-than-expected Q1 EPS and sales results.
  • Air Transport Services Group, Inc. (NASDAQ: ATSG) fell 23.7% to $15.14 after the company reported worse-than-expected Q1 adjusted EPS and sales results. Also, the company issued FY23 adjusted EPS guidance below analyst estimates.
  • AlTi Global, Inc. (NASDAQ: ALTI) fell 23.4% to $4.8501 after the company announced commencement of exchange offer and consent solicitation relating to warrants.
  • Trupanion, Inc. (NASDAQ: TRUP) fell 20.7% to $28.50 after the company reported mixed Q1 results and said veterinary inflation pressured margins.
  • Lyft, Inc. (NASDAQ: LYFT) fell 20.5% to $8.48 after the company issued Q2 revenue guidance below estimates. Additionally, gross profit margin fell year over year.
  • United States Cellular Corporation (NYSE: USM) dropped 20.4% to $15.95 after the company reported worse-than-expected Q1 EPS and sales results.
  • Bio-Rad Laboratories, Inc. (NYSE: BIO) fell 17.3% to $382.82 after the company reported worse-than-expected Q1 financial results.
  • Grid Dynamics Holdings, Inc. (NASDAQ: GDYN) dipped 16.4% to $9.45 after the company reported Q1 financial results. Also, Needham lowered its price target on the stock from $20 to $14.
  • Forrester Research, Inc. (NASDAQ: FORR) dipped 16.3% to $24.65 after the company reported worse-than-expected Q1 adjusted EPS and sales results.
  • Qurate Retail, Inc. (NASDAQ: QRTEB) fell 13.3% to $6.21 after jumping 75% on Thursday.
  • Schrödinger, Inc. (NASDAQ: SDGR) dropped 12.6% to $26.31 following weak quarterly sales.
  • Frontier Communications Parent, Inc. (NASDAQ: FYBR) fell 12.6% to $18.75 following Q1 results.
  • Myriad Genetics, Inc. (NASDAQ: MYGN) dropped 12.6% to $18.43.
  • Monolithic Power Systems, Inc. (NASDAQ: MPWR) dipped 11.7% to $405.22 after the company issued weak Q2 guidance.
  • Harbor Custom Development, Inc. (NASDAQ: HCDI) fell 11.4% to $6.50. Harbor Custom Development is expected to release Q1 earnings on May 15, 2023.
  • Fox Factory Holding Corp. (NASDAQ: FOXF) dropped 10.7% to $95.28 after the company issued weak Q2 forecast.
  • MDJM Ltd (NASDAQ: MDJH) fell 10.6% to $2.46 after jumping 28% on Thursday.
  • Actelis Networks, Inc. (NASDAQ: ASNS) shares dropped 10.5% to $4.49 after jumping 40% on Thursday. Actelis Networks announced $3.5 million private placement for the purchase and sale of 944,670 shares of its common stock and warrants priced at $3.705/share and exercise price of $3.58/warrant price of at-the-market under Nasdaq rules.
  • Atlassian Corporation (NASDAQ: TEAM) shares fell 9.7% to $135.49 after the company issued soft FY23 guidance.
  • Tandem Diabetes Care, Inc. (NASDAQ: TNDM) dropped 9.1% to $34.06. Tandem Diabetes Care reported worse-than-expected Q1 results.
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