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Why Bed Bath & Beyond Shares Are Trading Lower By Around 24%? Here Are Other Stocks Moving In Monday's Mid-Day Session

Published 20/03/2023, 18:18
© Reuters Why Bed Bath & Beyond Shares Are Trading Lower By Around 24%? Here Are Other Stocks Moving In Monday's Mid-Day Session

Benzinga - Gainers

  • Loyalty Ventures Inc. (NASDAQ: LYLT) gained 121.1% to $0.19. Shares of companies in the broader communication, media & entertainment industry traded higher as stocks rebound from recent weakness stemming from instability concerns in the financial sector, which could impact future Fed policy.
  • Gelesis Holdings, Inc. (NYSE: GLS) gained 82.7% to $0.2010.
  • Allarity Therapeutics, Inc. (NASDAQ: ALLR) gained 72.5% to $0.1812 after the company said it dosed the first patient in its trial studying advanced solid tumors.
  • Ambipar Emergency Response (NYSE: AMBI) shares climbed 60.5% to $13.18.
  • Lifecore Biomedical, Inc. (NASDAQ: LFCR) gained 60% to $2.67. Lifecore Biomedical, on Friday, reported worse-than-expected Q2 financial results.
  • Acer Therapeutics Inc. (NASDAQ: ACER) jumped 55% to $1.04. EF Hutton reiterated Acer Therapeutics with a Buy and maintained a $7 price target.
  • Biocept, Inc. (NASDAQ: BIOC) gained 47.2% to $0.3472. Biocept engaged a financial advisor to explore strategic alternatives.
  • InMed Pharmaceuticals Inc. (NASDAQ: INM) jumped 46% to $1.54.
  • Boxed, Inc. (NASDAQ: BOXD) climbed 43% to $0.1447.
  • New York Community Bancorp, Inc. (NASDAQ: NYCB) gained 40% to $9.18 after the Federal Deposit Insurance Corporation (FDIC) announced NYCB subsidiary Flagstar Bank entered into a purchase agreement for Signature Bridge Bank. Multiple analysts upgraded the stock in the wake of the announcement.
  • Sonim Technologies, Inc. (NASDAQ: SONM) gained 31% to $0.5506.
  • Gossamer Bio, Inc. (NASDAQ: GOSS) jumped 27.5% to $1.2250. Gossamer Bio, on Friday, posted a Q4 loss of $0.59 per share.
  • Tempo Automation Holdings, Inc. (NASDAQ: TMPO) gained 27% to $0.61.
  • Golden Minerals Company (NYSE: AUMN) rose 27% to $0.2578.
  • FG Financial Group, Inc. (NASDAQ: FGF) gained 23.7% to $2.50.
  • SuRo Capital Corp. (NASDAQ: SSSS) shares climbed 19.1% to $3.49. SuRo Capital will commence a modified Dutch Auction tender offer to repurchase up to 3 million shares of its common stock.
  • Lavoro Limited (NASDAQ: LVRO) gained 17.1% to $8.09.
  • Digital World Acquisition Corp. (NASDAQ: DWAC) rose 15% to $14.40.
  • Genelux Corporation (NASDAQ: GNLX) gained 12.9% to $30.82.
  • Franchise Group, Inc. (NASDAQ: FRG) jumped 11.8% to $25.44. Franchise Group revealed the receipt of an unsolicited non-binding proposal to acquire all of its outstanding shares at $30.00 per share in cash.
  • Talos Energy Inc. (NYSE: TALO) gained 10.8% to $13.17 after the company announced a $100 million share repurchase authorization.
  • PacWest Bancorp (NASDAQ: PACW) gained 10.1% to $10.22 after the company provided an update on its liquidity position.
  • Sigma Lithium Corporation (NASDAQ: SGML) climbed 9.6% to $36.49.
  • UMB Financial Corporation (NASDAQ: UMBF) rose 8.8% to $ 63.40.
  • Arbor Realty Trust, Inc. (NYSE: ABR) gained 8.8% to $12.18.
  • iStar Inc. (NYSE: STAR) climbed 8.2% to $7.30.
  • OSI Systems, Inc. (NASDAQ: OSIS) gained 8% to $98.42. OSI Systems secured an award valued at $600 million, which includes 16% value added tax (VAT), from Mexico's Secretaría de la Defensa Nacional (SEDENA) for cargo and vehicle inspection systems and related services.
  • BankUnited, Inc. (NYSE: BKU) gained 6.8% to $22.70.
  • Value Line, Inc. (NASDAQ: VALU) gained 6.7% to $49.47. Value Line recently reported Q3 earnings.
  • FLEETCOR Technologies, Inc. (NYSE: FLT) gained 5.8% to $198.11 after the company announced it entered into a cooperation agreement with the D.E. Shaw Group and also agreed to form an ad hoc Strategic Review Committee.
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Losers
  • Aziyo Biologics, Inc. (NASDAQ: AZYO) fell 57.4% to $1.66 after the company received a determination from the FDA indicating that the company's premarket notification for the CanGaroo RM Antibacterial Envelope is not substantially equivalent.
  • Credit Suisse Group AG (NYSE: CS) shares dipped 52.9% to $0.9465 after UBS agreed to acquire the bank for $3.2 billion.
  • CXApp Inc. (NASDAQ: CXAI) fell 33% to $1.92.
  • Sunlight Financial Holdings Inc. (NYSE: SUNL) fell 32.8% to $0.2865.
  • Acrivon Therapeutics, Inc. (NASDAQ: ACRV) dropped 31% to $13.80.
  • Pear Therapeutics, Inc. (NASDAQ: PEAR) fell 24.4% to $0.2950. Pear Therapeutics said it is exploring strategic alternatives and said it may seek a reorganization if it is unable to complete a transaction. Credit Suisse, TD Cowen and Chardan Capital downgraded the stock.
  • Bed Bath & Beyond Inc. (NASDAQ: BBBY) dropped 23.6% to $0.7859 after the company announced a special shareholder meeting to approve a 1-for-5 to 1-for-10 reverse stock split.
  • Bakkt Holdings, Inc. (NASDAQ: BKKT) fell 23.3% to $1.32
  • Cerberus Cyber Sentinel Corporation (NASDAQ: CISO) dropped 23% to $0.2385.
  • Codiak BioSciences, Inc. (NASDAQ: CDAK) fell 23% to $0.4675.
  • Omega Therapeutics, Inc. (NASDAQ: OMGA) dropped 21.9% to $7.64.
  • SOPHiA GENETICS SA (NASDAQ: SOPH) dipped 20.7% to $4.32.
  • Home Point Capital Inc. (NASDAQ: HMPT) fell 20.6% to $2.0246.
  • MoonLake Immunotherapeutics (NASDAQ: MLTX) dropped 17.2% to $19.17 after the company reported Q4 financial results.
  • CareMax, Inc. (NASDAQ: CMAX) fell 15.5% to $2.5875.
  • Dingdong (Cayman) Limited (NYSE: DDL) dropped 15.3% to $3.3850.
  • PDD Holdings Inc. (NYSE: PDD) fell 13.4% to $79.60 after the company reported worse-than-expected Q4 revenues and a decrease in revenues from merchandise sales.
  • LivePerson, Inc. (NASDAQ: LPSN) dropped 12.9% to $3.6650.
  • Nikola Corporation (NASDAQ: NKLA) fell 9.4% to $1.5401.
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© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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