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Why Block Shares Are Trading Lower By Over 13%? Here Are Other Stocks Moving In Thursday's Mid-Day Session

Published 23/03/2023, 17:11
Updated 23/03/2023, 18:40
© Reuters.  Why Block Shares Are Trading Lower By Over 13%? Here Are Other Stocks Moving In Thursday's Mid-Day Session

Benzinga - Gainers

  • DiamondHead Holdings Corp. (NASDAQ: DHHC) shares jumped 104.2% to $21.15. DiamondHead entered into convertible note purchase agreement dated March 21, 2023.
  • Boxed, Inc. (NYSE: BOXD) gained 59.1% to $0.2862 after gaining around 50% on Wednesday. Boxed recently said it is evaluating potentially filing for relief under the U.S. Bankruptcy Code and other strategic alternatives.
  • ZyVersa Therapeutics, Inc. (NASDAQ: ZVSA) shares climbed 36.8% to $2.16. ZyVersa Therapeutics recently reported new employment inducement grants under Nasdaq Listing Rule 5635(c)(4).
  • CXApp Inc. (NASDAQ: CXAI) climbed 29.4% to $2.20.
  • Generation Bio Co. (NASDAQ: GBIO) gained 27% to $4.9299.
  • SMX (Security Matters) Public Limited Company (NYSE: SMX) gained 26.4% to $1.2016.
  • KludeIn I Acquisition Corp. (NASDAQ: INKA) rose 26.3% to $12.63.
  • BM Technologies, Inc. (NASDAQ: BMTX) shares gained 25.5% to $3.35. BM Technologies secured new bank partner and extended key partnerships.
  • ERYTECH Pharma S.A. (NASDAQ: ERYP) climbed 24.7% to $0.9878.
  • Opendoor Technologies Inc. (NASDAQ: OPEN) gained 21% to $1.8685.
  • Kineta, Inc. (NASDAQ: KA) jumped 20.4% to $3.83.
  • HTG Molecular Diagnostics, Inc. (NASDAQ: HTGM) rose 19.7% to $3.28.
  • scPharmaceuticals Inc. (NASDAQ: SCPH) surged 19.2% to $8.25 after the company reported better-than-expected Q4 EPS results.
  • VNET Group, Inc. (NASDAQ: VNET) gained 19.1% to $3.5480. VNET Group reported mixed Q4 financial results.
  • Aziyo Biologics, Inc. (NASDAQ: AZYO) rose 18.5% to $1.41 after posting upbeat Q4 results.
  • Bird Global, Inc. (NYSE: BRDS) shares rose 17.2% to $0.1412 after dropping around 7% on Wednesday. Bird announced plans to expand across Greater Toronto area this spring.
  • Kingsoft Cloud Holdings Limited (NASDAQ: KC) climbed 17.2% to $6.13.
  • Worthington Industries, Inc. (NYSE: WOR) jumped 16% to $61.67 following better-than-expected Q3 results.
  • Rackspace Technology, Inc. (NYSE: RXT) gained 15.7% to $1.9150.
  • PaxMedica, Inc. (NASDAQ: PXMD) jumped 15.6% to $2.0350.
  • Steelcase Inc. (NYSE: SCS) rose 14% to $8.19 after the company reported better-than-expected Q4 financial results and issued Q1 EPS and revenue guidance above estimates.
  • Agora, Inc. (NASDAQ: API) gained 13.8% to $3.6350.
  • Hesai Group (NASDAQ: HSAI) rose 12.8% to $14.49.
  • 89bio, Inc. (NASDAQ: ETNB) climbed 11.6% to $15.23 after the company announced a proposed underwritten public offering of common stock and pre-funded warrants.
  • Starbox Group Holdings Ltd. (NASDAQ: STBX) gained 11.5% to $3.26.
  • Netflix, Inc. (NASDAQ: NFLX) climbed 8.9% to $320.05.
  • C3.ai, Inc. (NYSE: AI) shares rose 8.7% to $24.73.
  • Snap Inc. (NYSE: SNAP) surged 8.1% to $11.94.
  • KB Home (NYSE: KBH) rose 8.1% to $39.79 after the company reported better-than-expected Q1 results.
  • Accenture plc (NYSE: ACN) gained 6.8% to $270.72 after the company reported better-than-expected Q2 results.
  • Agile Therapeutics, Inc. (NASDAQ: AGRX) gained 5.6% to $0.2797 following better-than-expected Q4 results.
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Losers
  • Zura Bio Limited (NASDAQ: ZURA) shares dipped 23.1% to $23.07.
  • Vicarious Surgical Inc. (NYSE: RBOT) fell 22.7% to $1.76.
  • Jeffs' Brands Ltd (NASDAQ: JFBR) dropped 20.7% to $0.7253.
  • Minim, Inc. (NASDAQ: MINM) fell 18.8% to $0.1275 after gaining 17% on Wednesday. The company is expected to report Q4 results on March 29, 2023.
  • JanOne Inc. (NASDAQ: JAN) dropped 18.8% to $1.04 after the company announced a registered direct offering of common stock priced at-the-market.
  • ATIF Holdings Limited (NASDAQ: ATIF) fell 18.5% to $1.83.
  • Society Pass Incorporated (NASDAQ: SOPA) dropped 17.2% to $1.01 after the company reported worse-than-expected Q4 sales results.
  • Ambipar Emergency Response (NYSE: AMBI) fell 16.1% to $8.60.
  • Cidara Therapeutics, Inc. (NASDAQ: CDTX) shares fell 15.5% to $1.6050 after the company reported worse-than-expected Q4 EPS and sales results.
  • Protagenic Therapeutics, Inc. (NASDAQ: PTIX) dropped 15.4% to $1.49.
  • Vaccitech plc (NASDAQ: VACC) fell 15% to $2.33.
  • Block, Inc. (NYSE: SQ) shares tumbled 13.4% to $62.90 after short seller Hindenburg Research put out a bearish report on the company.
  • RedHill Biopharma Ltd. (NASDAQ: RDHL) dropped 13.3% to $4.8543.
  • Coinbase Global, Inc. (NASDAQ: COIN) fell 12.7% to $67.32 after the company received a Wells Notice from the SEC alleging violations of federal securities laws in regards to the company's spot market and staking service. Oppenheimer downgraded Coinbase from Outperform to Perform.
  • Trupanion, Inc. (NASDAQ: TRUP) dropped 12.6% to $48.90 after the company announced a CFO transition.
  • Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) fell 12.5% to $0.4187.
  • Movado Group, Inc. (NYSE: MOV) fell 11.8% to $27.32 after the company reported Q4 results.
  • Uranium Energy Corp. (NYSE: UEC) dipped 10.8% to $2.8450 after Kerrisdale Capital issued a short report on the stock.
  • Puyi Inc. (NASDAQ: PUYI) dropped 9.9% to $6.13.
  • Chewy, Inc. (NYSE: CHWY) shares fell 7.2% to $35.01. Chewy reported better-than-expected earnings and sales results for its fourth quarter. However, the company's active customers came in at 20.4 million, down 1.2% from a year ago.
  • Pharming Group N.V. (NASDAQ: PHAR) fell 6.7% to $10.63.
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