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Why Edible Garden Shares Are Trading Lower By Over 26%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session

Published 22/03/2023, 17:56
Updated 22/03/2023, 19:10
© Reuters.  Why Edible Garden Shares Are Trading Lower By Over 26%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session

Benzinga - Gainers

  • Maxpro Capital Acquisition Corp. (NASDAQ: JMAC) shares jumped 69.6% to $15.01 after dropping 24% on Tuesday.
  • Boxed, Inc. (NYSE: BOXD) gained 56.8% to $0.1882. Boxed recently said it is evaluating potentially filing for relief under the U.S. Bankruptcy Code and other strategic alternatives.
  • Virgin Orbit Holdings, Inc. (NASDAQ: VORB) shares rose 49% to $0.66 following a report suggesting the company is nearing a $200 million investment through a private share placement. The company also said it will initiate an incremental resumption of operations beginning Mar. 23.
  • SCYNEXIS, Inc. (NASDAQ: SCYX) surged 39% to $2.16.
  • 89bio, Inc. (NASDAQ: ETNB) shares jumped 37.5% to $15.06 after the company's Phase 2b ENLIVEN trial of pegozafermin in NASH achieved statistical significance on both primary histology endpoints.
  • Lixiang Education Holding Co., Ltd. (NASDAQ: LXEH) gained 35.5% to $0.9773 after dropping 13% on Tuesday.
  • GameStop Corp. (NYSE: GME) shares gained 34.5% to $23.75 after the company turned in a profitable quarter for the first time in two years.
  • JanOne Inc. (NASDAQ: JAN) climbed 26.5% to $1.4808 after the company announced it will sell ARCA Recycling to VM7 through a stock purchase agreement.
  • Baosheng Media Group Holdings Limited (NASDAQ: BAOS) gained 22% to $5.13.
  • Travelzoo (NASDAQ: TZOO) gained 21.4% to $5.56 after the company reported better-than-expected Q4 EPS and sales results.
  • Athersys, Inc. (NASDAQ: ATHX) gained 21.2% to $1.43 as the company reported planned amendments to its MASTERS-2 clinical trial protocol following a Type B meeting with the FDA.
  • CorEnergy Infrastructure Trust, Inc. (NYSE: CORR) surged 16.7% to $1.5049.
  • Carvana Co. (NYSE: CVNA) gained 15.6% to $9.17 after the company announced private exchange offerings relating to existing notes. The company also provided some forecasted estimates of its operating results for the three months ending March 31, 2023.
  • Semler Scientific, Inc. (NASDAQ: SMLR) gained 16.2% to $25.46 after the company reported better-than-expected Q4 EPS and sales results.
  • Telesis Bio, Inc. (NASDAQ: TBIO) shares rose 13.9% to $2.5175 following better-than-expected Q4 results.
  • Avadel Pharmaceuticals plc (NASDAQ: AVDL) jumped 13.4% to $9.10 after the company was granted FDA authorization to import LUMRYZ into the U.S. ahead of the FDA's final decision.
  • Sol-Gel Technologies Ltd. (NASDAQ: SLGL) gained 11.3% to $4.2186.
  • Peraso Inc. (NASDAQ: PRSO) gained 11.2% to $0.67.
  • Ollie's Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) rose 10.5% to $58.88 after the company posted upbeat quarterly results and issued a strong FY23 financial outlook.
  • The Oncology Institute, Inc. (NASDAQ: TOI) gained 10.4% to $0.74. The Oncology Institute Director Richard Barasch acquired a total of 50,000 shares at an average price of $0.55.
  • Karuna Therapeutics, Inc. (NASDAQ: KRTX) rose 10.2% to $177.91 after the company announced the pricing of a public offering for gross proceeds of $400 million.
  • Krispy Kreme, Inc. (NASDAQ: DNUT) gained 9.9% to $15.84 after Truist Securities upgraded the stock from Hold to Buy.
  • Kalera Public Limited Company (NASDAQ: KAL) shares rose 6.6% to $3.6764.
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Losers
  • Luokung Technology Corp. (NASDAQ: LKCO) shares dipped 29.5% to $2.0750 after the company announced a 30-to-1 share combination.
  • Edible Garden AG Incorporated (NASDAQ: EDBL) fell 26.2% to $3.02 after the company reported worse-than-expected Q4 financial results.
  • Muscle Maker, Inc. (NASDAQ: GRIL) dropped 23.3% to $0.9661. Muscle Maker reported 2022 revenue of $161.7 million.
  • YS Biopharma Co., Ltd. (NASDAQ: YS) fell 22% to $10.14.
  • WaveDancer, Inc. (NASDAQ: WAVD) fell 21.3% to $0.3340. WaveDancer said it has sold its blockchain-enabled supply chain management software subsidiary, Gray Matters, Inc. to Gray Matters Data, whose lead investor is venture capital firm StealthPoint.
  • Qutoutiao Inc. (NASDAQ: QTT) shares fell 20.9% to $0.2340. Qutoutiao shares dropped over 57% on Tuesday after the company received a letter from Nasdaq indicating it has determined to delist the company's stock. The company said it elected not to appeal the determination.
  • PaxMedica, Inc. (NASDAQ: PXMD) fell 18.5% to $2.06.
  • MMTec, Inc. (NASDAQ: MTC) fell 17.3% to $2.11.
  • ADDvantage Technologies Group, Inc. (NASDAQ: AEY) dipped 16% to $1.18 after the company reported Q1 financial results.
  • Via Renewables, Inc. (NASDAQ: VIA) declined 16.2% to $22.25. Via Renewables recently announced a 1 for 5 reverse stock split.
  • ASP Isotopes Inc. (NASDAQ: ASPI) dropped 15.5% to $0.95. ASP Isotopes recently announced $5 million private placement priced at-the-market under Nasdaq rules.
  • Mangoceuticals, Inc. (NASDAQ: MGRX) dipped 14.3% to $3.43.
  • Flora Growth Corp. (NASDAQ: FLGC) fell 14.2% to $0.2601.
  • Cerberus Cyber Sentinel Corporation (NASDAQ: CISO) fell 13.3% to $0.3340. Cerberus Cyber Sentinel shares climbed around 68% on Tuesday after the company announced certain preliminary estimated financial information of Q4 and FY2022.
  • NuCana plc (NASDAQ: NCNA) fell 12.8% to $1.4565 after jumping over 32% on Tuesday.
  • Qualigen Therapeutics, Inc. (NASDAQ: QLGN) shares fell 12.8% to $0.9943. Qualigen Therapeutics shares jumped over 16% on Tuesday after the company announced the USPTO granted it patent number 11,560,380 for QN-302, its lead oncology investigational drug candidate.
  • Enerpac Tool Group Corp. (NYSE: EPAC) dropped 11.2% to $24.58 following Q2 results.
  • Petco Health and Wellness Company, Inc. (NASDAQ: WOOF) fell 11.1% to $9.05 after the company reported worse-than-expected Q4 EPS and issued soft 2023 guidance.
  • Pear Therapeutics, Inc. (NASDAQ: PEAR) fell 10.8% to $0.2990 after surging around 60% on Tuesday. Pear Therapeutics recently said it is exploring strategic alternatives and said it may seek a reorganization if it is unable to complete a transaction.
  • Impac Mortgage Holdings, Inc. (NYSE: IMH) fell 10.5% to $0.34 after jumping around 90% on Tuesday. Impac Mortgage Holdings recently reported Q4 results.
  • Locafy Limited (NASDAQ: LCFY) fell 9.3% to $7.20.
  • CXApp Inc. (NASDAQ: CXAI) shares dropped 8.7% to $1.67 after dropping 6% on Tuesday.
  • Wave Life Sciences Ltd. (NASDAQ: WVE) dropped 8.6% to $3.8740 after the company reported Q4 sales results were lower year over year.
  • Novo Integrated Sciences, Inc. (NASDAQ: NVOS) fell 7.7% to $0.1283 after gaining 37% on Tuesday.
  • 2U, Inc. (NASDAQ: TWOU) fell 7.1% to $6.79. Credit Suisse maintained 2U with a Neutral and lowered the price target from $11 to $9.
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