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Why Capri Holdings Shares Are Trading Lower By Around 11%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session

Published 31/05/2023, 18:01
Updated 31/05/2023, 19:10
© Reuters.  Why Capri Holdings Shares Are Trading Lower By Around 11%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session

Benzinga - Gainers

  • Aridis Pharmaceuticals, Inc. (NASDAQ: ARDS) shares jumped 143% to $0.45 after the company announced it received agreement from the FDA on its proposed single confirmatory Phase 3 study of AR-301 and the clinical study design.
  • Bluejay Diagnostics, Inc. (NASDAQ: BJDX) gained 67% to $0.3225.
  • VIQ Solutions Inc. (NASDAQ: VQS) shares jumped 49.1% to $0.3474.
  • Marker Therapeutics, Inc. (NASDAQ: MRKR) climbed 31% to $1.73 after the company reported pre-clinical data of its MT-601 multiTAA-specific T cell product candidate MT-601 in lymphoma cells.
  • Tenax Therapeutics, Inc. (NASDAQ: TENX) rose 30% to $0.4151. Tenax Therapeutics achieved major milestone as USPTO granted notice of allowance for U.S. patent application covering use of oral levosimendan in pulmonary hypertension with heart failure with preserved ejection fraction.
  • VistaGen Therapeutics, Inc. (NASDAQ: VTGN) shares gained 19.4% to $0.1599 after the company announced it will present fasedienol safety and exploratory efficacy data from its Phase 3 open-label social anxiety disorder study at the ASCP 2023 Annual Meeting.
  • LL Flooring Holdings, Inc. (NYSE: LL) shares climbed 18.8% to $4.92. LL Flooring confirmed the receipt of $5.76 per share unsolicited, non-binding proposal from Cabinets To Go, a subsidiary of F9 Brands.
  • CXApp Inc. (NASDAQ: CXAI) gained 17.5% to $13.06.
  • Kaival Brands Innovations Group, Inc. (NASDAQ: KAVL) climbed 17.4% to $0.6574. Kaival Brands acquired Extensive vaporizer and inhalation patent portfolio to diversify product offerings and create new revenue opportunities.
  • Invivyd, Inc. (NASDAQ: IVVD) gained 16% to $1.78.
  • WANG & LEE GROUP, Inc. (NASDAQ: WLGS) rose 14% to $1.5850 after declining around 5% on Tuesday.
  • Loop Media, Inc. (NYSE: LPTV) surged 13.3% to $3.67.
  • Exela Technologies, Inc. (NASDAQ: XELA) gained 12.7% to $5.33.
  • Nano-X Imaging Ltd. (NASDAQ: NNOX) climbed 12.7% to $19.23.
  • Chindata Group Holdings Limited (NASDAQ: CD) gained 11.1% to $5.59 after reporting first-quarter results.
  • Lyell Immunopharma, Inc. (NASDAQ: LYEL) shares rose 10.8% to $3.0595.
  • Palomar Holdings, Inc. (NASDAQ: PLMR) gained 10.6% to $52.30 as the company announced successful completion of June 1 reinsurance renewal and raised full year 2023 adjusted net income guidance.
  • Centerra Gold Inc. (NYSE: CGAU) surged 10.3% to $6.03.
  • SoFi Technologies, Inc. (NASDAQ: SOFI) gained 10% to $6.64 following a tentative debt limit agreement, which would reinstate student loan payments.
  • Intel Corporation (NASDAQ: INTC) surged 6% to $31.76 amid the company's presentation at TD Cowen's 51st Annual Technology, Media & Telecom Conference.
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Losers
  • QualTek Services Inc (NASDAQ: QTEK) fell 41.3% to $ 0.0880 after the company received Nasdaq delisting notice.
  • Belite Bio, Inc (NASDAQ: BLTE) shares dipped 33.2% to $15.70 after the company reported pricing of a $30 million underwritten public offering of ADSs and warrants.
  • Advance Auto Parts, Inc. (NYSE: AAP) fell 33.2% to $74.98 after the company reported worse-than-expected first-quarter financial results and cut FY23 guidance below estimates.
  • Biodexa Pharmaceuticals Plc (NASDAQ: BDRX) shares dropped 39.5% to $0.0821. Biodexa Pharmaceuticals recently reported closing of $3.32 million registered direct offering.
  • Panbela Therapeutics, Inc. (NASDAQ: PBLA) fell 37% to $0.2138. Panbela announced a 1-for-30 reverse stock split effective June 1, 2023.
  • Golden Minerals Company (NYSE: AUMN) dropped 26.9% to $0.1155. Golden Minerals Company company announced a 1-for-25 reverse stock split.
  • Fujian Blue Hat Interactive Entertainment Technology Ltd. (NASDAQ: BHAT) fell 22.1% to $0.95.
  • Wejo Group Ltd (NASDAQ: WEJO) fell 18.2% to $0.1012. Wejo Group shares dipped 57% on Tuesday after the company said it is evaluating whether to file ancillary insolvency proceedings for the company and other units in other jurisdictions, including the US.
  • Lantronix, Inc. (NASDAQ: LTRX) dropped 18.1% to $4.30. Lantronix said Paul Pickle will be resigning from his role as President and CEO.
  • Wearable Devices Ltd. (NASDAQ: WLDS) fell 17.1% to $1.5250. Wearable Devices last week announced its Mudra Band for Apple Watch is available for preorder.
  • EpicQuest Education Group International Limited (NASDAQ: EEIQ) dropped 17% to $2.05.
  • Ambarella Inc (NASDAQ: AMBA) fell 15.9% to $68.98 after the company issued a weak second-quarter forecast.
  • Sportsman's Warehouse Holdings, Inc. (NASDAQ: SPWH) fell 15.3% to $4.65 as the company posted a wider-than-expected loss for its first quarter and issued weak forecast for the current quarter.
  • Hovnanian Enterprises, Inc. (NYSE: HOV) fell 14.5% to $80.21 after reporting second-quarter results. Hovnanian Enterprises also said it sees FY23 revenue of $2.5 billion to $2.65 billion and FY23 EPS of $17 to $20.
  • GT Biopharma, Inc. (NASDAQ: GTBP) dropped 13.7% to $0.2173.
  • SEALSQ Corp (NASDAQ: LAES) fell 13.2% to $11.80.
  • TOP Financial Group Limited (NYSE: TOP) dropped 11.8% to $9.14.
  • U-Haul Holding Company (NYSE: UHAL) fell 11.6% to $55.70 after the company reported worse-than-expected Q1 results.
  • Capri Holdings Limited (NYSE: CPRI) dropped 10.8% to $35.28 following fourth-quarter results. Capri sees first-quarter revenue of ~$1.2 billion against the Street view of $1.3 billion and sees EPS of $0.70.
  • C3.ai, Inc. (NYSE: AI) fell 10.5% to $39.35 mid profit taking following a rally in AI stocks.
  • Horizon Technology Finance Corporation (NASDAQ: HRZN) shares fell 10.4% to $11.89. Horizon Technology Finance priced an underwritten public offering of 3,250,000 shares at a price of $12.50 per share for total gross proceeds of around $40,625000.
  • Bellicum Pharmaceuticals, Inc. (NASDAQ: BLCM) shares dropped 10.1% to $0.6898.
  • Carvana Co. (NYSE: CVNA) dropped 9.7% to $12.39. JMP Securities reiterated Carvana with a Market Outperform and maintained a $15 price target.
  • UTime Ltd (NASDAQ: UTME) fell 9.4% to $1.3597 after jumping 30% on Tuesday.
  • Chico's FAS, Inc. (NYSE: CHS) dropped 8.7% to $4.71. Telsey Advisory Group reiterated Chico's FAS with a Market Perform and maintained a $6 price target.
  • Donaldson Company, Inc. (NYSE: DCI) fell 8.1% to $58.92. Donaldson reported a third-quarter FY23 sales increase of 2.6% Y/Y to $875.7 million beating the consensus of $868.4 million. The company now expects FY23 adjusted EPS to be $3.00-$3.06 (vs $2.99-$3.07 previously) compared to the consensus of $3.04.
  • Hewlett Packard Enterprise Company (NYSE: HPE) shares declined 6.4% to $14.53 after reporting downbeat second-quarter sales.
  • Frontline Plc (NYSE: FRO) shares declined 4.9% to $14.30 following first-quarter results.
  • HP Inc (NYSE: HPQ) shares dropped 3.2% to $29.93. HP reported better-than-expected earnings for its second quarter, while sales missed expectations.
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