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

Published 16/02/2023, 18:12
© Reuters.  Why Boston Beer Shares Are Trading Lower By 13%? Here Are Other Stocks Moving In Thursday's Mid-Day Session
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Benzinga - Gainers

  • TravelCenters of America Inc. (NASDAQ: TA) shares jumped 70.5% to $84.32 after BP announced it will acquire the company for $86 per share in cash.
  • NexImmune, Inc. (NASDAQ: NEXI) rose 62% to $0.6640 after the company announced data showing AIM ACT T cells enhance the response to bispecific T cell engager therapy at the 2023 Tandem Meetings: Transplantation & Cellular Therapy Meetings of ASTCT and CIBMTR.
  • Ambrx Biopharma Inc. (NASDAQ: AMAM) climbed 52% to $2.7510 after the company reported initial data from its ongoing Phase 1 Apex-01 trial of ARX517 in prostate cancer patients, demonstrating prostate-specific antigen decrease of over 50% from baseline in 3 of 3 patients receiving 2.0mg/kg dose.
  • Sorrento Therapeutics, Inc. (NASDAQ: SRNE) gained 39.2% to $0.2301. Sorrento Therapeutics recently said its Scintilla Pharmaceuticals unit commenced voluntary proceedings under Chapter 11 of US bankruptcy code.
  • Inozyme Pharma, Inc. (NASDAQ: INZY) gained 35.1% to $2.9998 after the company reported topline data from its onging Phase 1/2 trials of INZ-701.
  • Community Health Systems, Inc. (NYSE: CYH) shares climbed 34.5% to $6.83 after the company reported better-than-expected Q4 earnings.
  • Intuitive Machines, Inc. (NASDAQ: LUNR) gained 32.6% to $16.90.
  • Boxed, Inc. (NYSE: BOXD) rose 24.6% to $0.5513 after dropping around 8% on Wednesday.
  • Talaris Therapeutics, Inc. (NASDAQ: TALS) gained 23.4% to $1.95. Talaris Therapeutics announced plans to discontinue its FREEDOM-1 and FREEDOM-2 trials evaluating FCR001's ability to induce durable tolerance in living donor
  • kidney transplant recipients, primarily attributable to the pace of enrollment and the associated timeline.
  • Esports Entertainment Group, Inc. (NASDAQ: GMBL) surged 22.3% to $0.0870.
  • Service Properties Trust (NYSE: SVC) jumped 21.7% to $10.49. Service Properties Trust agreed to amended lease terms upon completion of BP’s acquisition of TravelCenters of America Inc.
  • Ribbon Communications Inc. (NASDAQ: RBBN) gained 19.7% to $4.55 after the company reported better-than-expected Q4 sales.
  • Freedom Holding Corp. (NASDAQ: FRHC) jumped 18.8% to $75.73 after the company announced it agreed to acquire Maxim Group for a total consideration of $400 million.
  • Materion Corporation (NYSE: MTRN) gained 18.4% to $104.98 following Q4 results.
  • Twilio Inc. (NYSE: TWLO) rose 17.6% to $77.69 after the company reported better-than-expected Q4 sales and announced a $1 billion buyback program.
  • Biotricity, Inc. (NASDAQ: BTCY) climbed 17.5% to $0.7903. On Wednesday, the company posted upbeat quarterly results.
  • Roku, Inc. (NASDAQ: ROKU) climbed 15.8% to $73.49 after the company reported better-than-expected Q4 results. The company added 4.6 million net new native accounts in the quarter.
  • West Pharmaceutical Services, Inc. (NYSE: WST) gained 15.8% to $323.52 after the company reported better-than-expected Q4 adjusted EPS and sales results. Additionally, the company issued FY23 revenue guidance above analyst estimates.
  • Natera, Inc. (NASDAQ: NTRA) gained 15.8% to $49.02.
  • Pegasystems Inc. (NASDAQ: PEGA) jumped 14.7% to $48.99 after the company reported better-than-expected Q4 results and issued FY23 revenue guidance above estimates.
  • Fastly, Inc. (NYSE: FSLY) jumped 13.7% to $15.77 following Q4 results.
  • Seagen Inc. (NASDAQ: SGEN) rose 13.7% to $161.54 after the company reported better-than-expected Q4 results.
  • IBEX Limited (NASDAQ: IBEX) gained 13.4% to $29.74 following strong quarterly earnings.
  • Axcella Health Inc. (NASDAQ: AXLA) shares rose 12.6% to $0.6796 after the company announced FDA clearance of its IND application to initiate a phase 2b/3 trial in the U.S. for AXA1125.
  • Aspen Aerogels, Inc. (NYSE: ASPN) gained 11.6% to $12.84 following strong quarterly results.
  • PBF Energy Inc. (NYSE: PBF) surged 10.8% to $46.34 after the company reported mixed Q4 financial results.
  • KBR, Inc. (NYSE: KBR) jumped 10.8% to $57.36 following upbeat quarterly results.
  • The NFT Gaming Company, Inc. (NASDAQ: NFTG) gained 10.1% to $4.46. The NFT Gaming Company priced its $7 million initial public offering of 1,686,747 shares of common stock at a price of $4.15 per share.
  • Cipher Mining Inc. (NASDAQ: CIFR) rose 7.1% to $1.96 after jumping over 20% on Wednesday.
Losers
  • Atlis Motor Vehicles, Inc. (NASDAQ: AMV) shares fell 36.4% to $1.08 after the company reported pricing of $13.0 million public offering.
  • Liberty TripAdvisor Holdings, Inc. (NASDAQ: LTRPA) dropped 22.7% to $1.26.
  • RingCentral, Inc. (NYSE: RNG) fell 22.6% to $37.45 after the company reported worse-than-expected Q4 revenue and issued weak revenue guidance for the first quarter.
  • TransCode Therapeutics, Inc. (NASDAQ: RNAZ) dipped 22.4% to $0.52 after the company announced a $1.5 million registered direct offering of common stock priced at-the-market under Nasdaq rules.
  • Kaleyra, Inc. (NYSE: KLR) fell 21% to $1.0193. Kaleyra posted a Q4 loss of $0.10 per share.
  • Toast, Inc. (NYSE: TOST) shares dropped 19% to $21.04 after the company reported worse-than-expected Q4 EPS earnings.
  • Coursera, Inc. (NYSE: COUR) fell 16.9% to $13.01. Coursera recently reported Q4 earnings results.
  • Kelly Services, Inc. (NASDAQ: KELYA) dropped 16.3% to $15.36 after the company reported worse-than-expected Q4 adjusted EPS and sales results.
  • Shopify Inc. (NYSE: SHOP) fell 16.1% to $44.81 despite better-than-expected Q4 results. The company also guided revenue growth in the high-teen percentages for Q1.
  • Titan Medical Inc. (NASDAQ: TMDI) shares declined 15.7% to $0.2066.
  • Organon & Co. (NYSE: OGN) fell 15.3% to $24.78 following weak quarterly results.
  • QuantumScape Corporation (NYSE: QS) dipped 15.4% to $10.01 after the company reported worse-than-expected Q4 EPS.
  • Brera Holdings PLC (NASDAQ: BREA) dropped 15.3% to $2.44.
  • QuantumScape Corporation (NASDAQ: QS) fell 14.7% to $10.10 after the company reported worse-than-expected Q4 EPS.
  • SolarWinds Corporation (NYSE: SWI) dipped 14.2% to $8.91.
  • Amplitude, Inc. (NASDAQ: AMPL) dropped 14% to $14.40 after the company issued weak Q1 guidance.
  • Hillstream BioPharma, Inc. (NASDAQ: HILS) dropped 13.6% to $1.53. Hillstream BioPharma recently regained compliance with Nasdaq listing minimum bid price rule.
  • Ur-Energy Inc. (NYSE: URG) fell 13.4% to $1.1350 after the company reported pricing of public offering of common shares and warrants.
  • Kelly Services, Inc. (NASDAQ: KELYB) declined 13.2% to $15.62 after the company reported worse-than-expected Q4 adjusted EPS and sales results.
  • The Boston Beer Company, Inc. (NYSE: SAM) fell 12.9% to $342.11 after the company reported worse-than-expected Q4 EPS and issued soft guidance. The company said margins came in below expectations due to production mix and supply chain inefficiencies.
  • Pharming Group N.V. (NASDAQ: PHAR) dropped 12.8% to $11.52. Pharming issued an update on European Medicines Agency regulatory review of Leniolisib for APDS in Europe.
  • Movella Holdings Inc. (NASDAQ: MVLA) dropped 12.8% to $3.55. Movella announced OBSKUR early access livestreaming software.
  • Dun & Bradstreet Holdings, Inc. (NYSE: DNB) fell 11.1% to $12.69 following weak quarterly results.
  • Scilex Holding Company (NASDAQ: SCLX) fell 9.6% to $7.47.
  • Tripadvisor, Inc. (NASDAQ: TRIP) dropped 8.8% to $22.97. Bernstein downgraded TripAdvisor from Outperform to Market Perform and lowered the price target from $28 to $26. TripAdvisor recently reported better-than-expected Q4 EPS and sales results.
  • 2U, Inc. (NASDAQ: TWOU) fell 8.5% to $10.18.
  • Tronox Holdings plc (NYSE: TROX) dipped 7.4% to $15.01 after the company reported worse-than-expected Q4 results.
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