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Why Grab Holdings Are Trading Higher By 9%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session

Published 23/08/2023, 18:02
© Reuters.  Why Grab Holdings Are Trading Higher By 9%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session

Benzinga - by Lisa Levin, Benzinga Editor. Gainers

  • AgileThought, Inc. (NASDAQ: AGIL) jumped 85.5% to $0.3941. AgileThought recently posted a loss for the second quarter.
  • VCI Global Limited (NASDAQ: VCIG) shares climbed 76% to $6.60 after the company announced a collaboration with Microsoft Azure OpenAI.
  • iTeos Therapeutics, Inc. (NASDAQ: ITOS) shares gained 44.3% to $16.95 following release of Roche NSCLC data.
  • Apellis Pharmaceuticals, Inc. (NASDAQ: APLS) climbed 38.5% to $42.31 after the company said events of retinal vasculitis in treatment with SYFOVRE were rare, with an estimated real-world rate of 0.01% per injection.
  • MicroCloud Hologram Inc. (NASDAQ: HOLO) surged 34.4% to $7.87.
  • Arcus Biosciences, Inc. (NYSE: RCUS) shares gained 27.4% to $23.97. Arcus Biosciences recently posted downbeat quarterly results.
  • Cheetah Net Supply Chain Service Inc. (NASDAQ: CTNT) climbed 24.2% to $3.1062.
  • Abercrombie & Fitch Co. (NYSE: ANF) gained 23.4% to $50.82 after the company reported better-than-expected second-quarter results. The company also reported a decline in inventories and raised its FY23 sales growth outlook.
  • Hitek Global Inc. (NASDAQ: HKIT) shares rose 21.3% to $33.78 after jumping 24% on Tuesday.
  • Kaival Brands Innovations Group, Inc. (NASDAQ: KAVL) jumped 18.7% to $0.5226.
  • Tingo Group, Inc. (NASDAQ: TIO) jumped 17% to $1.0299. Tingo Group recently announced that it postponed its Q2 earnings release, conference call and the filling of its Form 10-Q.
  • BioNexus Gene Lab Corp. (NASDAQ: BGLC) shares gained 15.5% to $1.5950 after jumping 30% on Tuesday.
  • Waldencast plc (NASDAQ: WALD) rose 14.8% to $8.56.
  • Heliogen, Inc. (NYSE: HLGN) shares surged 12.8% to $0.2381. Heliogen was granted U.S. patent #11732928 for "Receiver for Capturing Solar Energy."
  • ScanSource, Inc. (NASDAQ: SCSC) rose 12.6% to $31.39. Northcoast Research upgraded ScanSource from Neutral to Buy.
  • ACM Research, Inc. (NASDAQ: ACMR) gained 12.3% to $16.43.
  • Williams-Sonoma, Inc. (NYSE: WSM) jumped 10.7% to $138.51 following second-quarter results.
  • Alarum Technologies Ltd. (NASDAQ: ALAR) gained 10.5% to $2.64. Alarum Technologies is expected to release its financial results for the second quarter on Aug. 24, 2023.
  • Grab Holdings Limited (NASDAQ: GRAB) jumped 9% to $3.64 after the company reported better-than-expected second-quarter earnings and raised annual adjusted EBITDA outlook.
  • Groupon, Inc (NASDAQ: GRPN) rose 8.6% to $11.40.
  • Toll Brothers, Inc. (NYSE: TOL) gained 3.7% to $78.74 as the company reported upbeat results for its third quarter. The company expects to deliver between 2,650 and 2,750 units in the fourth quarter, up from 2,524 in the third quarter.
  • Urban Outfitters, Inc. (NASDAQ: URBN) gained 3.4% to $35.24 as the company reported better-than-expected second-quarter earnings. Its total inventory decreased by 15.9% year-over-year as of July 31.
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Losers
  • Bruush Oral Care Inc. (NASDAQ: BRSH) shares fell 41.8% to $2.02. Brüush Oral Care recently reported a 1-for-25 reverse stock split.
  • Foot Locker, Inc. (NYSE: FL) fell 34.4% to $15.18 after the company reported a second-quarter revenue miss and an 11% rise in inventories. The company also lowered its gross margin guidance, citing more aggressive markdowns.
  • Orbital Infrastructure Group, Inc. (NASDAQ: OIG) fell 29% to $1.2737. Orbital Infrastructure received Nasdaq Delinquency letter regarding late filing of quarterly report on form 10-Q.
  • Ideanomics, Inc. (NASDAQ: IDEX) declined 26.2% to $0.0391. The company announced a 1-for-125 reverse stock split.
  • Sunlight Financial Holdings Inc. (NYSE: SUNL) fell 24% to $2.05. Sunlight Financial recently announces a 1-for-20 reverse stock split.
  • Peloton Interactive, Inc. (NASDAQ: PTON) declined 23.6% to $5.34 after the company reported mixed fourth-quarter results and a quarterly decline in Connected Fitness subscribers. The company also issued soft Q1 revenue guidance.
  • Tivic Health Systems, Inc. (NASDAQ: TIVC) fell 23.1% to $3.02 after the company announced a 1-for-100 reverse stock split.
  • Axcella Health Inc. (NASDAQ: AXLA) fell 19.5% to $0.14.
  • Foremost Lithium Resource & Technology Ltd. (NASDAQ: FMST) declined 18% to $3.50.
  • AMC Entertainment Holdings, Inc. (NYSE: AMC) fell 17.6% to $2.1001 ahead of a 10-to-1 reverse stock split scheduled to take effect Thursday. AMC Preferred Equity Units will be converted to AMC common stock the following day.
  • MediaCo Holding Inc. (NASDAQ: MDIA) declined 15.5% to $0.6748.
  • Tian Ruixiang Holdings Ltd (NASDAQ: TIRX) fell 13.5% to $1.34 after gaining 8% on Tuesday.
  • Crown ElectroKinetics Corp. (NASDAQ: CRKN) fell 13.2% to $1.4850. Crown Electrokinetics recently announced a 1-for-60 reverse stock split.
  • Society Pass Incorporated (NASDAQ: SOPA) shares fell 12.7% to $0.4005 after declining 12% on Tuesday. Society Pass said on Aug. 21, that the company entered into sales agreement with Ascendiant Capital Markets for offering of up to $10 million common stock.
  • China Pharma Holdings, Inc. (NYSE: CPHI) fell 11.7% to $0.2604 after gaining 6% on Tuesday.
  • GRI Bio, Inc. (NASDAQ: GRI) fell 11.6% to $2.34. GRI Bio entered into $80 million asset purchase agreement with Aardvark Therapeutics for the sale of Legacy Asset, ADAIR.
  • EBET, Inc. (NASDAQ: EBET) fell 10.9% to $0.0499 after declining around 15% on Tuesday.
  • Definitive Healthcare Corp. (NASDAQ: DH) fell 9.7% to $9.18.
  • Lancaster Colony Corporation (NASDAQ: LANC) declined 9.6% to $165.25 after the company reported worse-than-expected fourth-quarter results.
  • Premier, Inc. (NASDAQ: PINC) fell 8.1% to $22.09. Premier reported fourth-quarter 2023 revenue of $340.4 million, missing the consensus of $356.3 million.
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© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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