Benzinga - by Avi Kapoor, Benzinga Staff Writer.
Shares of Big Lots, Inc. (NYSE: BIG) fell sharply during Monday’s session after the company reported preliminary fourth-quarter results.
Also, Loop Capital downgraded the stock from Hold to Sell and lowered its price target from $6 to $1.
Big Lots shares dipped 31.3% to $3.6850 on Monday.
Here are some other stocks moving in today's mid-day session.
Gainers
- Millennium Group International Holdings Limited (NASDAQ: MGIH) surged 250% to $3.61 after YC 1926 (BVI) Limited reported an 88.89% stake in the company in a 13G filing on Friday.
- Beamr Imaging Ltd. (NASDAQ: BMR) shares climbed 241.5% to $7.20 after the company announced it will present its joint research relating to automated video modernization with NVIDIA at the ACM Mile-High-Video 2024 conference.
- DIH Holdings US, Inc. (NASDAQ: DHAI) shares climbed 65.2% to $2.1306. DIH Holding US secured $1.5 million in private placement financing from OrbiMed.
- ContextLogic Inc. (NASDAQ: WISH) gained 40.2% to $6.31 after the company announced an agreement to sell substantially all of its operating assets and liabilities to Qoo10 for approximately $173 million in cash.
- SuperCom Ltd. (NASDAQ: SPCB) shares jumped 40% to $0.2570. SuperCom recently disclosed that it has secured a new contract with an established California services provider in the judicial sector.
- Intuitive Machines, Inc. (NASDAQ: LUNR) shares gained 33.3% to $6.65 after jumping around 32% on Friday.
- D-Wave Quantum Inc. (NYSE: QBTS) gained 31% to $1.4295.
- Renalytix Plc (NASDAQ: RNLX) surged 27% to $0.4842.
- Genasys Inc. (NASDAQ: GNSS) gained 27% to $1.98. Genasys bagged critical infrastructure project to engineer, procure and build emergency warning system for 37 dams across the island of Puerto Rico.
- Root, Inc. (NASDAQ: ROOT) rose 22.6% to $9.30.
- Syra Health Corp. (NASDAQ: SYRA) surged 21.7% to $3.5550. Syra Health announced a healthcare workforce contract with Fairfax County, Virginia.
- 2U, Inc. (NASDAQ: TWOU) gained 19% to $0.9449.
- T2 Biosystems, Inc. (NASDAQ: TTOO) gained 18.4% to $5.79. T2 Biosystems received the FDA 510(k) clearance for expanded T2Bacteria Panel.
- Amtech Systems, Inc. (NASDAQ: ASYS) rose 14.8% to $3.95 after the company reported upbeat results for its first quarter on Friday.
- Viavi Solutions Inc. (NASDAQ: VIAV) gained 14.1% to $10.16. Stifel analyst Ruben Roy upgraded Viavi Solutions from Hold to Buy and raised the price target from $10 to $13.
- SeaStar Medical Holding Corporation (NASDAQ: ICU) shares gained 14% to $0.9801. SeaStar Medical was recently granted Canadian patent with broad claims covering cytopheretic device technology.
- The E.W. Scripps Company (NASDAQ: SSP) gained 14% to $6.69.
- IGM Biosciences, Inc. (NASDAQ: IGMS) rose 13.7% to $16.50. RBC Capital recently upgraded the stock from Sector Perform to Outperform and raised its price target from $9 to $21.
- Cipher Mining Inc. (NASDAQ: CIFR) gained 13.2% to $3.7942.
- V.F. Corporation (NYSE: VFC) jumped 10.8% to $16.95. Reuters reported Engaged Capital gained support of VF Corp heirs in push for changes.
- JE Cleantech Holdings Limited (NASDAQ: JCSE) shares gained 9.6% to $0.7999 after rising around 6% on Friday.
- B. Riley Financial, Inc. (NASDAQ: RILY) rose 9.6% to $20.33.
- Arm Holdings plc (NASDAQ: ARM) gained 7.8% to $124.19.
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Losers- AN2 Therapeutics, Inc. (NASDAQ: ANTX) shares dropped 73% to $5.35 after the company announced it will voluntarily pause enrollment in the Phase 3 part of the Phase 2/3 pivotal clinical trial evaluating epetraborole in treatment-refractory MAC lung disease.
- AirTouch Communications, Inc. (NYSE: ATCH) fell 49.6% to $ 5.17.
- TOP Financial Group Limited (NASDAQ: TOP) fell 40% to $3.21 after the company announced a $5 million registered direct offering of 2,000,000 shares and warrants at $2.50 per share and accompanying warrant.
- MedAvail Holdings, Inc. (NASDAQ: MDVL) fell 36.3% to $2.0199.
- ADDvantage Technologies Group, Inc. (NASDAQ: AEY) dipped 34.8% to $0.3910.
- WiSA Technologies, Inc. (NASDAQ: WISA) fell 34.5% to $0.0520. WiSA Technologies priced 153,840,000 unit offering for gross proceeds of $10 million.
- InVivo Therapeutics Holdings Corp. (NASDAQ: NVIV) fell 33.3% to $0.3253.
- Hitek Global Inc. (NASDAQ: HKIT) shares fell 29.6% to $1.90 after dipping over 25% on Friday.
- Lakeshore Acquisition II Corp. (NASDAQ: LBBB) fell 29.2% to $7.90.
- Phoenix Biotech Acquisition Corp. (NASDAQ: PBAX) fell 25.2% to $4.74.
- NanoString Technologies, Inc. (NASDAQ: NSTG) dipped 23% to $0.1771.
- Safety Shot, Inc. (NASDAQ: SHOT) fell 20.5% to $3.0250.
- MicroCloud Hologram Inc. (NASDAQ: HOLO) shares declined 18% to $17.48 after dipping over 25% on Friday. The company recently said it is planning to join the Communications Industry Association.
- Invivyd, Inc. (NASDAQ: IVVD) fell 16.1% to $4.18.
- Chenghe Acquisition Co. (NASDAQ: CHEA) shares fell 15.6% to $5.52. According to an SEC filing, Chenghe shareholders voted to approve the business combination with Taiwan Color Optics, Inc. dated July 21, 2023.
- Intelligent Bio Solutions Inc. (NASDAQ: INBS) shares fell 14.1% to $5.79. Intelligent Bio Solutions shares jumped around 135% on Friday after the company reported second-quarter financial results.
- Larimar Therapeutics, Inc. (NASDAQ: LRMR) fell 13.6% to $ 6.70 after the company reported top-line data from the Phase 2 dose exploration study from the 25 mg and 50 mg cohorts of nomlabofusp in patients with Friedreich's ataxia.
- SunCar Technology Group Inc. (NASDAQ: SDA) fell 11% to $6.45.
- Verastem, Inc. (NASDAQ: VSTM) fell 10.4% to $11.84.
- Janux Therapeutics, Inc. (NASDAQ: JANX) fell 9.6% to $8.51.
- monday.com Ltd. (NASDAQ: MNDY) fell 8.8% to $215.21 after the company reported quarterly results and issued FY24 guidance.
- Manchester United plc (NYSE: MANU) fell 8.4% to $19.35.
- Applied Digital Corporation (NASDAQ: APLD) shares declined 5% to $5.01 after gaining 5% on Friday. Applied Digital, last month, reported worse-than-expected second-quarter financial results.
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