Get 40% Off
💰 Buffett reveals a $6.7B stake in Chubb. Copy the full portfolio for FREE with InvestingPro’s Stock Ideas toolCopy Portfolio

Why Core & Main Are Trading Lower By 7%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session

Published 06/09/2023, 18:16
Updated 06/09/2023, 19:40
© Reuters.  Why Core & Main Are Trading Lower By 7%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session
AVAV
-
MITK
-
THTX
-
NXGN
-
MRIN
-
CDTX
-

Benzinga - by Lisa Levin, Benzinga Editor.

Gainers

  • Palisade Bio, Inc. (NASDAQ: PALI) shares jumped 114% to $1.47. Palisade Bio transformed GI-focused pipeline through exclusive worldwide licensing agreement with Giiant Pharma, Inc. for multiple oral drug candidates targeting inflammatory bowel disease.
  • FOXO Technologies Inc. (NYSE: FOXO) gained 51.3% to $0.2164 after the company's FOXO LIFE subsidiary announced an agreement with Atrio, expanding its distribution through Atrio/Singular's sales network.
  • iCoreConnect Inc. (NASDAQ: ICCT) shares climbed 46% to $9.83. iCoreConnect announced new version of its iCoreExchange encrypted HIPAA email and referral network.
  • Marin Software Incorporated (NASDAQ: MRIN) rose 29% to $0.5535 after the company reported HubSpot integration.
  • AeroVironment, Inc. (NASDAQ: AVAV) jumped 28.7% to $122.65 after the company reported better-than-expected results for its first quarter.
  • FLJ Group Limited (NASDAQ: FLJ) shares jumped 23.1% to $0.2401. FLJ Group is scheduled to hold its 2023 annual general meeting on Sept. 18, 2023.
  • Power REIT (NYSE: PW) gained 22.4% to $1.2550.
  • Theratechnologies Inc. (NASDAQ: THTX) gained 19% to $1.2250.
  • Cidara Therapeutics, Inc. (NASDAQ: CDTX) climbed 18.5% to $0.94 after Janssen elected to proceed under its license agreement relating to influenza candidate.
  • Adamas One Corp. (NASDAQ: JEWL) gained 18.3% to $0.9105. Adamas One received Nasdaq notification of non-compliance with listing rule 5250(c)(1).
  • 9F Inc. (NASDAQ: JFU) gained 15.3% to $2.8699.
  • Mitek Systems, Inc. (NASDAQ: MITK) shares surged 15% to $13.00 after the company posted first-quarter results and raised FY23 guidance.
  • NextGen Healthcare, Inc. (NASDAQ: NXGN) rose 14.5% to $23.54 after the company agreed to be acquired by Thoma Bravo for $23.95 per share in cash.
  • Gogo Inc. (NASDAQ: GOGO) climbed 14.5% to $12.75. Gogo announced a $50 million share repurchase program.
  • Northern Dynasty Minerals Ltd. (NYSE: NAK) gained 14.1% to $0.3125. Northern Dynasty's pebble project received positive assessment with strong economic prospects and benefits for Alaska.
  • Anghami Inc. (NASDAQ: ANGH) climbed 13.1% to $0.95.
  • Hitek Global Inc. (NASDAQ: HKIT) gained 11.5% to $30.50.
  • Bridger Aerospace Group Holdings, Inc. (NASDAQ: BAER) jumped 9.6% to $7.68.
  • System1, Inc. (NYSE: SST) rose 8.2% to $1.99. System1 confirmed receipt of non-binding indication of interest for Total Security Limited from Just Develop It.
  • NeuBase Therapeutics, Inc. (NASDAQ: NBSE) shares gained 8% to $1.2403 after jumping over 22% on Tuesday.
  • Roku, Inc. (NASDAQ: ROKU) gained 7.8% to $90.22 after the company disclosed plans to cut workforce by 10% and raised third-quarter revenue guidance above the consensus.
  • TradeUP Acquisition Corp. (NASDAQ: UPTD) shares gained 7.5% to $13.75 after falling 42% on Tuesday.
3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .
Losers
  • EZGO Technologies Ltd. (NASDAQ: EZGO) shares dipped 72.9% to $0.4767 after the company reported pricing of $10 million registered direct offering.
  • Verb Technology Company, Inc. (NASDAQ: VERB) fell 29.7% to $2.25. Verb Technology Company shares jumped 347% on Tuesday after the completed and launched a technology integration and strategic relationship with global social media platform TikTok.
  • The Alkaline Water Company Inc. (NASDAQ: WTER) dipped 26.7% to $0.4505.
  • Lion Group Holding Ltd. (NASDAQ: LGHL) declined 26.2% to $2.17.
  • Akoustis Technologies, Inc. (NASDAQ: AKTS) fell 25% to $1.2388. Akoustis Technologies reported fourth-quarter FY23 revenue growth of 60.2% year-on-year to $8.33 million, missing the consensus of $8.44 million.
  • AMC Entertainment Holdings, Inc. (NYSE: AMC) tumbled 23% to $10.49 after the company entered an equity distribution agreement for up to 40 million shares at an at-the-market program.
  • Clever Leaves Holdings Inc. (NASDAQ: CLVR) fell 22% to $3.23.
  • Overstock.com, Inc. (NASDAQ: OSTK) fell 21.2% to $21.62. Bed Bath & Beyond, operated by Overstock.com, issued an update on its third-quarter performance.
  • Helius Medical Technologies, Inc. (NASDAQ: HSDT) declined 21% to $7.96. Helius Medical Technologies recently gained compliance with all applicable NASDAQ listing criteria.
  • Blue Star Foods Corp. (NASDAQ: BSFC) dipped 18.8% to $0.5349. Blue Star Foods said its soft-shell crab operations in South Carolina received a license renewal from the South Carolina Department of Natural Resources.
  • CXApp Inc. (NASDAQ: CXAI) shares fell 18.5% to $3.9188 after jumping over 52% on Tuesday. CXApp announced AI-based augmented reality solution for RTO (Return To Office).
  • 1847 Holdings LLC (NASDAQ: EFSH) declined 17.2% to $0.0769.
  • Digital Brands Group, Inc. (NASDAQ: DBGI) fell 16.8% to $11.75 after jumping around 32% on Tuesday. The company announced the closure of its offering for the issuance and sale of 513,875 shares of common stock, fetching gross proceeds of approximately $5.0 million.
  • SIGNA Sports United N.V. (NYSE: SSU) declined 16.4% to $0.6701.
  • RVL Pharmaceuticals plc (NASDAQ: RVLP) shares fell 16.3% to $0.1165 after jumping 26% on Tuesday. RVL Pharmaceuticals announced a $5 million registered direct offering of 11,870,846 shares priced at $0.4212 per share.
  • Applied Molecular Transport Inc. (NASDAQ: AMTI) fell 14.9% to $0.2012 after surging 30% on Tuesday.
  • Axcella Health Inc. (NASDAQ: AXLA) fell 14.6% to $0.3031.
  • NWTN Inc. (NASDAQ: NWTN) dropped 14.6% to $7.95.
  • Asana, Inc. (NYSE: ASAN) shares declined 14.5% to $18.50. Asana reported upbeat results for its second quarter. The company said it sees FY24 adjusted loss of 42 cents to 39 cents per share and revenues of $642 million to $648 million.
  • DocGo Inc. (NASDAQ: DCGO) fell 14% to $7.03.
  • EpicQuest Education Group International Limited (NASDAQ: EEIQ) fell 12.3% to $1.21 after jumping 29% on Tuesday.
  • First Wave BioPharma, Inc. (NASDAQ: FWBI) fell 12.2% to $0.3950 after jumping 55% on Tuesday.
  • Photronics, Inc. (NASDAQ: PLAB) fell 11.1% to $20.89 after the company reported worse-than-expected third-quarter results owing to sluggish demand in some end markets.
  • American Lithium Corp. (NASDAQ: AMLI) declined 9.9% to $1.4050.
  • Xponential Fitness, Inc. (NYSE: XPOF) fell 8.3% to $20.63. Xponential Fitness issued three-year operating targets and issued strategic updates ahead of analyst and investor day.
  • Core & Main, Inc. (NYSE: CNM) fell 7% to $29.40. Core & Main reported second-quarter FY23 sales of $1.861 billion flat year-over-year, missing the consensus of $1.88 billion.
  • Snap Inc. (NYSE: SNAP) fell 6% to $9.82.
  • Enbridge Inc. (NYSE: ENB) shares fell 5% to $33.53. Enbridge entered into three separate definitive agreements with Dominion Energy, Inc. to acquire EOG, Questar and PSNC for an aggregate purchase price of $14.0 billion.
  • Telefónica, S.A. (NYSE: TEF) shares declined 3.8% to $4.0199. Saudi Telecom Co. bought a stake worth $2.25 billion in Telefónica.
3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Now Read This: Bitcoin, Ethereum Flat; Synthetix Emerges As Top Gainer

© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read the original article on Benzinga

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.