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Why DoorDash Shares Are Trading Lower By Around 12%? Here Are Other Stocks Moving In Friday's Mid-Day Session

Published 16/02/2024, 18:04
Updated 16/02/2024, 19:10
© Reuters.  Why DoorDash Shares Are Trading Lower By Around 12%? Here Are Other Stocks Moving In Friday's Mid-Day Session

Benzinga - by Avi Kapoor, Benzinga Staff Writer.

Shares of DoorDash, Inc. (NASDAQ: DASH) fell sharply in today’s session as the company reported mixed financial results for its fourth quarter.

The company said it expects first-quarter marketplace GOV to be between $18.5 billion and $18.9 billion and adjusted EBITDA in the range of $320 million to $380 million.

DoorDash shares dipped 12.2% to $110.88 on Friday.

Here are some other stocks moving in today's mid-day session.

Gainers

  • Gaxos.ai Inc. (NASDAQ: GXAI) gained 444% to $1.41. Gaxos Gaming announced plans to launch an AI solution for game developers and studios.
  • Fusion Fuel Green PLC (NASDAQ: HTOO) shares gained 157% to $3.10. The company said it had received notification from the European Commission that its HEVO-Portugal project was among 33 selected for approval under the Important Projects of Common European Interest (“IPCEI”) Hy2Infra program.
  • Pop Culture Group Co., Ltd (NASDAQ: CPOP) shares jumped 203% to $3.89.
  • Ambow Education Holding Ltd. (NYSE: AMBO) shares jumped 164% to $0.3649 after surging more than 15% on Thursday.
  • Tarena International, Inc. (NASDAQ: TCTM) climbed 93% to $2.1191 after gaining around 12% on Thursday.
  • MicroCloud Hologram Inc. (NASDAQ: HOLO) gained 48% to $45.90.
  • Yunji Inc. (NASDAQ: YJ) gained 43.5% to $0.8666. Yunji announced appointment of new independent director.
  • Oriental Culture Holding LTD (NASDAQ: OCG) jumped 30% to $1.8982.
  • Boqii Holding Limited (NYSE: BQ) shares rose 24.2% to $0.3601 after falling around 5% on Thursday.
  • PRA Group, Inc. (NASDAQ: PRAA) gained 23.4% to $30.25 following upbeat results.
  • The Trade Desk, Inc. (NASDAQ: TTD) shares rose 21% to $91.66 after the company reported mixed fourth-quarter financial results.
  • Nano-X Imaging Ltd. (NASDAQ: NNOX) gained 19% to $11.31. Nvidia recently reported a 59,632 share stake in the company.
  • Intuitive Machines, Inc. (NASDAQ: LUNR) surged 19% to $7.97. Intuitive Machines announced that its IM-1 mission Nova-C class lunar lander has successfully launched on SpaceX's Falcon 9 rocket.
  • NOVONIX Limited (NYSE: NVX) gained 18.8% to $2.2339.
  • Backblaze, Inc. (NASDAQ: BLZE) gained 17.2% to $9.55 after the company reported better-than-expected fourth-quarter financial results and issued full year 2024 revenue guidance above estimates.
  • Toast, Inc. (NYSE: TOST) jumped 16.6% to $22.39 after the company reported better-than-expected fourth-quarter financial results and issued first-quarter adjusted subscription services and financial technology solutions guidance. Also the company authorized a $250 million share repurchase program.
  • Coinbase Global, Inc. (NASDAQ: COIN) shares rose 15.8% to $191.79 as the company reported better-than-expected financial results for its fourth quarter on Thursday.
  • Lichen China Limited (NASDAQ: LICN) shares rose 13.7% to $1.3299. Lichen China filed for mixed shelf of up to $100 million.
  • Kinsale Capital Group, Inc. (NYSE: KNSL) gained 13.1% to $495.00 following upbeat quarterly results.
  • Texas Roadhouse, Inc. (NASDAQ: TXRH) jumped 10% to $147.30 after the company reported better-than-expected fourth-quarter GAAP EPS results. Also, Wedbush and Stephens & Co raised their respective price targets on the stock.
  • HireRight Holdings Corporation (NYSE: HRT) rose 9.8% to $14.12 as the company agreed to be acquired by General Atlantic and Stone Point Capital.
  • Applied Materials, Inc. (NASDAQ: AMAT) gained 8.3% to $203.27 after the company reported better-than-expected first-quarter financial results and issued second-quarter guidance.
  • Tantech Holdings Ltd (NASDAQ: TANH) shares surged 8.1% to $0.94 after jumping 16% on Thursday.
  • Sarepta Therapeutics, Inc. (NASDAQ: SRPT) climbed 7.9% to $134.73 after the FDA accepted and filed the company's efficacy supplement to the Biologics License Application for ELEVIDYS.
  • Artivion, Inc. (NASDAQ: AORT) rose 4.1% to $18.78 following strong quarterly results.
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Losers
  • China Natural Resources, Inc. (NASDAQ: CHNR) dipped 48% to $1.81 after the company arranged a registered direct placement of approximately $3.27 million worth of common shares at $2.20 per share with institutional investors.
  • JX Luxventure Limited (NASDAQ: JXJT) declined 28% to $1.9850.
  • Semper Paratus Acquisition Corporation (NASDAQ: TVGN) shares fell 25.1% to $7.49 after surging 119% on Thursday. Tevogen Bio announced a $8 million equity investment.
  • Bloom Energy Corporation (NYSE: BE) shares fell 24% to $7.49 after the company reported worse-than-expected fourth-quarter financial results.
  • Cooper-Standard Holdings Inc. (NYSE: CPS) fell 24% to $14.60 following weak quarterly results.
  • Dunxin Financial Holdings Limited (NYSE: DXF) fell 24% to $0.3650.
  • Roku, Inc. (NASDAQ: ROKU) shares fell 22.7% to $73.08 after the company reported fourth-quarter financial results.
  • MultiSensor AI Holdings, Inc. (NASDAQ: MSAI) shares fell 21.7% to $2.75 after jumping over 68% on Thursday.
  • Trupanion, Inc. (NASDAQ: TRUP) fell 19.5% to $28.41 following fourth-quarter results.
  • Dropbox, Inc. (NASDAQ: DBX) shares fell 17.8% to $26.74 after reporting fourth-quarter results.
  • Datasea Inc. (NASDAQ: DTSS) fell 17.1% to $8.14 after ending yesterday’s run on the bourses with over 9% gain.
  • Inventiva S.A. (NASDAQ: IVA) shares tumbled 17% to $3.30 after the company reported preliminary 2023 fiscal year financial results and issued an update on its clinical trial NATiV3.
  • MultiSensor AI Holdings, Inc. (NASDAQ: MSAI) fell 14.8% to $2.99.
  • AMN Healthcare Services, Inc. (NYSE: AMN) fell 14.7% to $66.21 after the company reported fourth-quarter financial results and issued first-quarter revenue guidance below estimates.
  • Iris Energy Limited (NASDAQ: IREN) fell 14% to $6.66 following second-quarter results.
  • Auddia Inc. (NASDAQ: AUUD) dipped 13.4% to $0.1982.
  • TreeHouse Foods, Inc. (NYSE: THS) fell 13% to $37.18 after the company reported worse-than-expected fourth-quarter revenue results and issued FY24 guidance below estimates.
  • Yelp Inc. (NYSE: YELP) dipped 11% to $39.50 after the company reported mixed fourth-quarter financial results. Yelp also announced its board of directors authorized a $500 million increase to its share repurchase program.
  • Telephone and Data Systems, Inc. (NYSE: TDS) fell 10.7% to $16.46 following quarterly results.
  • Carvana Co. (NYSE: CVNA) fell 8.3% to $52.79. Raymond James analyst Mitch Ingles downgraded Carvana from Market Perform to Underperform.
  • Mercer International Inc. (NASDAQ: MERC) dipped 7.8% to $7.19 following weak results.
  • Westrock Coffee Company (NASDAQ: WEST) fell 7.7% to $10.27 after the company issued an update on preliminary 2023 full year results.
  • United States Cellular Corporation (NYSE: USM) dipped 6.9% to $38.83 after the company reported fourth-quarter financial results and issued FY24 guidance.
  • SunPower Corporation (NASDAQ: SPWR) fell 6.2% to $4.0150. Guggenheim analyst Joseph Osha downgraded SunPower from Neutral to Sell and announced a $1 price target.
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