Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

Why Bed Bath & Beyond Shares Are Trading Higher By 17%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session

Published 10/01/2023, 19:11
Updated 10/01/2023, 20:40
© Reuters.  Why Bed Bath & Beyond Shares Are Trading Higher By 17%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session

Benzinga - Gainers

  • Sotera Health Company (NASDAQ: SHC) shares jumped 92% to $16.59 after the company announced its subsidiaries have reached agreements to settle the Ethylene Oxide cases pending against Sterigenics. Sterigenics will pay the company $408 million to settle the claims.
  • Party City Holdco Inc. (NYSE: PRTY) gained 54% to $0.3193 following an Axios report suggesting The Franchise Group could be looking at acquiring the company.
  • Panbela Therapeutics, Inc. (NASDAQ: PBLA) shares rose 51.1% to $0.1224 after gaining 4% on Monday.
  • VYNE Therapeutics Inc. (NASDAQ: VYNE) climbed 50.5% to $0.2892 after the company announced the first vitiligo patient was dosed in a Phase 1a/b clinical trial of VYN201.
  • Elys Game Technology, Corp. (NASDAQ: ELYS) jumped 49.5% to $0.6276.
  • Boxed, Inc. (NYSE: BOXD) gained 36.6% to $0.5191 after the company announced its Spresso Saas modular solution platform is now available on Google (NASDAQ:GOOGL) Cloud.
  • Biora Therapeutics, Inc. (NASDAQ: BIOR) rose 35% to $2.85. HC Wainwright & Co. maintained Biora Therapeutics with a Buy.
  • DermTech, Inc. (NASDAQ: DMTK) shares climbed 32.6% to $2.88 after DermTech announced the foundational assay of its DermTech Melanoma Test (DMT) is recommended for coverage by TRICARE.
  • DatChat, Inc. (NASDAQ: DATS) gained 31.7% to $0.48 after the company announced a $2 million stock repurchase plan.
  • POET Technologies Inc. (NASDAQ: POET) gained 31.3% to $4.2750.
  • Jianzhi Education Technology Group Company Limited (NASDAQ: JZ) gained 30% to $1.5657.
  • Rubius Therapeutics, Inc. (NASDAQ: RUBY) jumped 29.4% to $0.2349.
  • Oak Street Health, Inc. (NYSE: OSH) gained 28.4% to $28.99 as CVS Health is reportedly exploring an acquisition of primary care center operator.
  • BTCS Inc. (NASDAQ: BTCS) jumped 28.2% to $1.3199 after the company launched a private beta of its digital asset analytic and staking-as-a-service platform StakeSeeker.
  • Frontline plc (NYSE: FRO) rose 27.1% to $14.40. Frontline announced termination of combination agreement with Euronav.
  • Schmitt Industries, Inc. (NASDAQ: SMIT) gained 27.1% to $0.3879.
  • Prenetics Global Limited (NASDAQ: PRE) gained 25.6% to $2.3880 after the company announced its ACT Genomics received clearance from the FDA for ACTOnco.
  • NeuroPace, Inc. (NASDAQ: NPCE) jumped 25.2% to $2.04. NeuroPace announced preliminary unaudited Q4 revenue of $12.8 million and FY22 revenue of $45.5 million.
  • Bright Health Group, Inc. (NYSE: BHG) gained 24% to $0.8050 after the company announced it increased 2023 Enterprise Revenue guidance to $3.4 - $3.6 billion.
  • Frequency Therapeutics, Inc. (NASDAQ: FREQ) rose 24% to $4.13.
  • Ambrx Biopharma Inc. (NASDAQ: AMAM) jumped 23.5% to $2.62.
  • Accolade, Inc. (NASDAQ: ACCD) rose 23.5% to $9.58 after the company reported better-than-expected Q3 EPS and sales results and issued FY23 revenue guidance above estimates.
  • Kura Sushi USA, Inc. (NASDAQ: KRUS) gained 21.4% to $52.24. Kura Sushi recently reported worse-than-expected Q1 EPS and sales results.
  • Titan Medical Inc. (NASDAQ: TMDI) rose 20.4% to $1.1195.
  • Tuesday Morning Corporation (NASDAQ: TUEM) gained 19.4% to $0.74.
  • Summit Therapeutics Inc. (NASDAQ: SMMT) climbed 17.8% to $4.4438. Summit Therapeutics said on January 6, 2023, the company held meeting to vote on increase number of authorized shares of common stock by 650 million shares.
  • Amarin Corporation plc (NASDAQ: AMRN) gained 17.2% to $1.7350 after the company reported preliminary Q4 and FY22 revenue results above estimates.
  • Bed Bath & Beyond Inc. (NASDAQ: BBBY) rose 17.1% to $1.8975 despite the company turning in worse-than-expected financial results.
  • Satixfy Communications Ltd. (NYSE: SATX) gained 16.3% to $7.49.
  • Versus Systems Inc. (NASDAQ: VS) rose 15.3% to $0.6990 after jumping over 16% on Monday.
  • CureVac N.V. (NASDAQ: CVAC) gained 14.8% to $11.90.
  • Vericel Corporation (NASDAQ: VCEL) rose 14% to $27.25 after the company reported preliminary FY22 revenue results.
  • Rain Oncology Inc. (NASDAQ: RAIN) gained 13.9% to $13.23.
  • Oatly Group (NASDAQ:OTLY) AB (NASDAQ: OTLY) jumped 12.3% to $2.6750 after the company announced an expansion of its partnership with Reitan to feature oat drink in coffee machines in its 7-Eleven and Pressbyrån convenience stores across Sweden.
  • Comstock Inc. (NYSE: LODE) shares rose 11.9% to $0.4498.
  • Heska Corporation (NASDAQ: HSKA) gained 10.3% to $74.34. Heska CEO and President Kevin S Wilson bought a total of 11,018 shares at an average price of $58.62.
Losers
  • Peak Bio, Inc. (NASDAQ: PKBO) dropped 58.2% to $2.09.
  • BioAtla, Inc. (NASDAQ: BCAB) shares fell 46.2% to $4.1550 after the company provided clinical program updates and upcoming 2023 milestones.
  • BIOLASE, Inc. (NASDAQ: BIOL) fell 46.5% to $0.3705 after the company announced pricing of $9.75 million offering.
  • Rayonier Advanced Materials Inc. (NYSE: RYAM) fell 30.6% to $6.35. RBC Capital downgraded Rayonier Adv
  • Materials from Outperform to Sector Perform and lowered the price target from $9 to $8.
  • Calithera Biosciences, Inc. (NASDAQ: CALA) dipped 25.3% to $0.4931. Calithera Biosciences shares dipped around 82% on Monday after its board of directors determined to dissolve the company and liquidate its assets. Also, the company will discontinue all clinical development programs and reduce its workforce.
  • Idera Pharmaceuticals, Inc. (NASDAQ: IDRA) fell 17.6% to $0.5510.
  • Euronav NV (NYSE: EURN) shares fell 16.9% to $13.24.
  • IsoPlexis Corporation (NASDAQ: ISO) dipped 15.3% to $1.33.
  • Lucira Health, Inc. (NASDAQ: LHDX) dropped 14.8% to $0.3438.
  • Midatech Pharma plc (NASDAQ: MTP) fell 14.7% to $0.81.
  • Berkeley Lights, Inc. (NASDAQ: BLI) dropped 13.7% to $2.2850 after the company issued FY22 revenue guidance below analyst estimates.
  • ALX Oncology Holdings Inc. (NASDAQ: ALXO) fell 12% to $9.22.
  • Virgin Orbit Holdings, Inc. (NASDAQ: VORB) fell 11.7% to $1.70. Virgin Orbit shared its readiness for the Start Me Up mission for a historic U.K. launch on January 9.
  • G Medical Innovations Holdings Ltd (NASDAQ: GMVD) fell 10.9% to $3.9812 after jumping 42% on Monday.
  • Argo Blockchain plc (NASDAQ: ARBK) fell 9.5% to $1.2850.
  • Super Micro Computer, Inc. (NASDAQ: SMCI) fell 8.4% to $77.67 after Spruce Point Management issued a bearish report on the stock.
  • Apexigen, Inc. (NASDAQ: APGN) fell 7.2% to $1.67 after gaining around 91% on Monday.
  • Box, Inc. (NYSE: BOX) fell 6.3% to $27.96. RBC Capital downgraded Box from Sector Perform to Underperform and lowered the price target from $28 to $24.
Also Check This Out Ethereum Remains Above This Key Level; Aptos Emerges As Top Gainer

© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read the original article on Benzinga

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.