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Why Edible Garden Shares Are Trading Lower By Around 18%? Here Are Other Stocks Moving In Monday's Mid-Day Session

Published Nov 13, 2023 18:08 Updated Nov 13, 2023 19:10
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© Reuters. Why Edible Garden Shares Are Trading Lower By Around 18%? Here Are Other Stocks Moving In Monday's Mid-Day Session
 
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Benzinga - by Lisa Levin, Benzinga Editor.

Edible Garden AG Incorporated (NASDAQ: EDBL) shares fell on Monday following third-quarter results.

Edible Garden posted a quarterly loss of 69 cents per share, compared to a year-ago loss of $7.20 per share, according to Benzinga Pro. The company’s quarterly sales came in at $3.29 million.

Edible Garden shares fell on Monday fell 17.6% to $0.5315 during Monday’s session.

Gainers

  • Tenax Therapeutics, Inc (NASDAQ: TENX) shares jumped 130% to $0.3588 after the company announced FDA clearance of IND for TNX-103 for the treatment of pulmonary hypertension with heart failure with preserved ejection fraction.
  • Tivic Health Systems, Inc. (NASDAQ: TIVC) gained 81.3% to $2.1750. BestGrowthStocks.Com issued comprehensive analysis of Tivic Health Systems.
  • MSP Recovery, Inc. (NASDAQ: LIFW) jumped 40.6% to $7.47.
  • ZyVersa Therapeutics, Inc. (NASDAQ: ZVSA) shares climbed 35.8% to $0.09.
  • Xos, Inc. (NASDAQ: XOS) gained 26% to $0.42.
  • Collective Audience, Inc. (NASDAQ: CAUD) shares climbed 23.9% to $3.6801 after jumping around 30% on Friday.
  • Montauk Renewables, Inc. (NASDAQ: MNTK) gained 23% to $7.91. Scotiabank upgraded Montauk Renewables from Sector Perform to Sector Outperform and announced a $9 price target.
  • Near Intelligence, Inc. (NASDAQ: NIR) shares climbed 21% to $0.23 after dipping 31% on Friday.
  • Cingulate Inc. (NASDAQ: CING) gained 20.5% to $0.3798.
  • INVO Bioscience, Inc. (NASDAQ: INVO) rose 18% to $1.5400.
  • Cyngn Inc. (NASDAQ: CYN) climbed 18% to $0.2011.
  • TETRA Technologies, Inc. (NYSE: TTI) gained 16.6% to $5.01. Exxon Mobil Corp is reportedly planning to unveil its long-awaited lithium strategy today. The company aims to produce at least 10,000 metric tons of lithium annually in Arkansas by 2026 in partnership with Tetra Technologies, with initial production roughly equivalent to the amount needed to produce 100,000 EV batteries, as per Reuters.
  • Cheetah Net Supply Chain Service Inc. (NASDAQ: CTNT) gained 15% to $1.30.
  • RLX Technology Inc. (NYSE: RLX) gained 15% to $1.8850.
  • Cardio Diagnostics Holdings, Inc. (NASDAQ: CDIO) gained 14.7% to $1.17.
  • Karat Packaging Inc. (NASDAQ: KRT) gained 13.6% to $21.39. Karat Packaging recently reported worse-than-expected third-quarter revenue results.
  • Penumbra, Inc. (NYSE: PEN) surged 13.1% to $205.28.
  • COMSovereign Holding Corp. (NASDAQ: COMS) jumped 11.8% to $1.0398.
  • Tenon Medical, Inc. (NASDAQ: TNON) climbed 10.4% to $2.66.
  • monday.com Ltd. (NASDAQ: MNDY) surged 9.9% to $154.03 following upbeat earnings.
  • StoneCo Ltd. (NASDAQ: STNE) gained 9.8% to $11.77 after the company reported upbeat results for its third quarter on Friday.
  • LQR House Inc. (NASDAQ: LQR) rose 9.4% to $0.23 after gaining around 8% on Friday. The company announced the pricing of a $11 million public offering of 157,142,857 shares at $0.07 per share.
  • SenesTech, Inc. (NASDAQ: SNES) shares gained 7.9% to $0.2580. SenesTech shares fell 31% on Friday after the company reported worse-than-expected third-quarter revenue results.
  • Cazoo Group Ltd (NYSE: CZOO) shares gained 7.1% to $0.3749 after falling 11% on Friday.
Losers
  • Aclaris Therapeutics, Inc. (NASDAQ: ACRS) shares dipped 86.8% to $0.6260 after the company announced topline results from 12-week Phase 2b trial of oral zunsemetinib for moderate to severe rheumatoid arthritis.
  • Mainz Biomed N.V. (NASDAQ: MYNZ) fell 45% to $1.23 after the company reported pricing of $5 million registered direct offering of 4,166,667 shares at $1.20 per share.
  • Verve Therapeutics, Inc. (NASDAQ: VERV) fell 45% to $8.65 after the company announced first human proof-of-concept data for in vivo base editing from the ongoing heart-1 phase 1b clinical trial of VERVE-101.
  • B. Riley Financial, Inc. (NASDAQ: RILY) dipped 25.1% to $19.17.
  • Safe and Green Development Corporation (NASDAQ: SGD) shares fell 25% to $0.5252 after jumping 36% on Friday.
  • Carbon Revolution Public Limited Company (NASDAQ: CREV) declined 23.8% to $31.23.
  • Lifeway Foods, Inc. (NASDAQ: LWAY) declined 22.8% to $9.73 following third-quarter results.
  • TRACON Pharmaceuticals, Inc. (NASDAQ: TCON) fell 20.1% to $0.1840. TRACON Pharmaceuticals shares jumped 44% on Friday after the company reported third-quarter financial results.
  • Broadwind, Inc. (NASDAQ: BWEN) fell 19% to $2.30 following weak sales.
  • Vuzix Corporation (NASDAQ: VUZI) fell 19% to $2.08.
  • WeTrade Group, Inc. (NASDAQ: WETG) declined 18.1% to $8.57.
  • NLS Pharmaceutics AG (NASDAQ: NLSP) dipped 12.7% to $0.5448.
  • Beam Therapeutics Inc. (NASDAQ: BEAM) fell 12.1% to $19.49.
  • Intrusion Inc. (NASDAQ: INTZ) fell 12% to $0.4217. The company announced that it entered into a Securities Purchase Agreement through a $2.4 million Private Offering of 4,359,374 shares at $0.60 per share.
  • Alector, Inc. (NASDAQ: ALEC) declined 10.8% to $4.01.
  • Monopar Therapeutics Inc. (NASDAQ: MNPR) dipped 10.5% to $0.3401 after falling over 8% on Friday. Monopar Therapeutics, last week, posted a narrower-than-expected quarterly loss.
  • GlucoTrack, Inc. (NASDAQ: GCTK) shares fell 10.1% to $ 0.1420.
  • Applied Digital Corporation (NASDAQ: APLD) declined 10.1% to $4.2155.
  • WW International, Inc. (NASDAQ: WW) fell 9.3% to $6.34. WW recently reported worse-than-expected third-quarter financial results.
  • eFFECTOR Therapeutics, Inc. (NASDAQ: EFTR) shares fell 8% to $0.5425.
  • American Rebel Holdings, Inc. (NASDAQ: AREB) fell 8% to $0.3250.
  • Beyond Meat, Inc. (NASDAQ: BYND) fell 7.4% to $6.40.
Now Read This: AECOM Likely To Report Higher Q4 Earnings; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts

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

Read the original article on Benzinga

Why Edible Garden Shares Are Trading Lower By Around 18%? Here Are Other Stocks Moving In Monday's Mid-Day Session
 

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