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Why Groupon Shares Are Trading Lower By 22%? Here Are Other Stocks Moving In Thursday's Mid-Day Session

Published 11/05/2023, 18:46
Updated 11/05/2023, 20:10
© Reuters.  Why Groupon Shares Are Trading Lower By 22%? Here Are Other Stocks Moving In Thursday's Mid-Day Session

Benzinga - Gainers

  • Sunshine Biopharma, Inc. (NASDAQ: SBFM) gained 109.8% to $1.06 after reporting a rise in Q1 sales.
  • VCI Global Limited (NASDAQ: VCIG) shares jumped 63.6% to $5.32. VCI Global reported application for dual listing on Upstream.
  • Polar Power, Inc. (NASDAQ: POLA) jumped 63.5% to $1.6847 after the company unveiled new line of mobile electric vehicle chargers.
  • Jaguar Health, Inc. (NASDAQ: JAGX) rose 47.2% to $1.06. Canalevia-CA1, Jaguar Animal Health's FDA conditionally approved drug for chemotherapy-induced diarrhea in dogs, is now available from Chewy.
  • Minim, Inc. (NASDAQ: MINM) gained 33% to $6.14.
  • Absolute Software Corporation (NASDAQ: ABST) shares gained 32.3% to $11.36 after the company announced it will be acquired by Crosspoint Capital Partners for an enterprise value of $870 million.
  • Organogenesis Holdings Inc. (NASDAQ: ORGO) surged 30% to $2.73 followin strong quarterly sales.
  • Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN) climbed 29.2% to $36.18 after the company issued strong Q2 guidance.
  • AppLovin Corporation (NASDAQ: APP) jumped 25.8% to $22.42 following better-than-expected Q1 sales.
  • KLX Energy Services Holdings, Inc. (NASDAQ: KLXE) rose 24.3% to $11.09 after the company reported better-than-expected Q1 financial results.
  • NextNav Inc. (NASDAQ: NN) gained 24% to $2.89 following Q1 results.
  • ADS-TEC Energy PLC (NASDAQ: ADSE) rose 22% to $3.0394 following FY 2022 results.
  • Zura Bio Limited (NASDAQ: ZURA) jumped 21.9% to $7.67.
  • SmartRent, Inc. (NYSE: SMRT) rose 20.4% to $3.25 after the company reported better-than-expected Q2 sales results and issues FY23 guidance.
  • Lipocine Inc. (NASDAQ: LPCN) gained 20.4% to $0.3229 following Q1 earnings.
  • Purple Innovation, Inc. (NASDAQ: PRPL) gained 20.2% to $3.0050 after posting upbeat Q1 results.
  • Magnite, Inc. (NASDAQ: MGNI) gained 20% to $11.30 after the company reported better-than-expected Q1 financial results.
  • Entegris, Inc. (NASDAQ: ENTG) rose 19.3% to $93.17 following strong quarterly results.
  • Intrusion Inc. (NASDAQ: INTZ) gained 18.6% to $1.66.
  • The Goodyear Tire & Rubber Company (NASDAQ: GT) gained 18.2% to $13.85 after Elliott sent letter and presentation to the board of Goodyear.
  • Audacy, Inc. (NYSE: AUD) jumped 17% to $0.1555 after gaining around 16% on Wednesday. The company posted upbeat quarterly sales.
  • Codere Online Luxembourg, S.A. (NASDAQ: CDRO) gained 16.8% to $3.0496 following Q1 results.
  • ACV Auctions Inc. (NASDAQ: ACVA) jumped 15.3% to $15.75 after the company reported better-than-expected Q1 results.
  • Dada Nexus Limited (NASDAQ: DADA) gained 14.1% to $6.57 following strong quarterly results.
  • CIRCOR International, Inc. (NYSE: CIR) rose 14% to $30.61 after the company reported better-than-expected Q1 financial results. Also, the company reported Q1 orders increased by 9% year-over-year.
  • Unity Software Inc. (NYSE: U) gained 10.8% to $31.89 after the company reported better-than-expected Q1 results and issued strong Q2 guidance.
  • Ampio Pharmaceuticals, Inc. (NYSE: AMPE) surged 9.9% to $0.2220 after declining around 5% on Wednesday.
  • Herbalife Ltd. (NYSE: HLF) gained 9.1% to $14.98. Herbalife recently said it is not providing guidance due to continued dynamic macroeconomic backdrop.
  • Tivic Health Systems, Inc. (NASDAQ: TIVC) jumped 7.2% to $0.1769 after gaining 7% on Wednesday. Tivic Health launched a B2B portal.
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Losers
  • ImmunityBio, Inc. (NASDAQ: IBRX) shares dipped 53.8% to $2.8750 after the company announced it received a complete response letter from the FDA on May 9th regarding its BLA for Anktiva in combination with Bacillus Calmette-Guérin.
  • Neptune Wellness Solutions Inc. (NASDAQ: NEPT) shares dropped 43.3% to $0.2290 after the company reported pricing of $4 million public offering.
  • Dynatronics Corporation (NASDAQ: DYNT) fell 39.3% to $0.8498 after the company posted downbeat Q3 results and lowered FY23 sales forecast.
  • iMedia Brands, Inc. (NASDAQ: IMBI) shares dropped 37.4% to $0.2110 after jumping over 82% on Wednesday. iMedia Brands recently announced receipt of NASDAQ non-compliance notice due to failure to file annual report for year ended Jan. 28, 2023 by required date of Apr. 28.
  • Babylon Holdings Limited (NYSE: BBLN) fell 33.9% to $5.08. BTIG downgraded Babylon Holdings from Neutral to Sell.
  • Guardforce AI Co., Limited (NASDAQ: GFAI) fell 30.4% to $5.08 after the company announced pricing of a $12 million underwritten public offering of ordinary shares.
  • TuSimple Holdings Inc. (NASDAQ: TSP) dropped 25.3% to $0.8436.
  • Matinas BioPharma Holdings, Inc. (NASDAQ: MTNB) fell 23.4% to $0.5120 after the company posted a loss for the first quarter.
  • Biophytis S.A. (NASDAQ: BPTS) fell 23.1% to $2.4998. Biophytis announced successful capital raise of €2.3 million.
  • PacWest Bancorp (NASDAQ: PACW) fell 22.3% to $4.72 after the bank said deposits declined last week.
  • Sonos, Inc. (NASDAQ: SONO) shares dipped 22% to $16.50 after the company issued weak FY23 revenue guidance.
  • Groupon, Inc. (NASDAQ: GRPN) dropped 21.5% to $3.1150 following weak quarterly sales.
  • INNOVATE Corp. (NYSE: VATE) fell 21.1% to $2.1550 after posting a quarterly loss.
  • Largo Inc. (NASDAQ: LGO) fell 20% to $4.13.
  • Vinco Ventures, Inc. (NASDAQ: BBIG) dropped 20% to $2.26. Vinco Ventures, reported a 1-for-20 reverse stock split.
  • BitNile Metaverse, Inc (NASDAQ: BNMV) fell 18.4% to $0.06. BitNile.com and Ed Carpenter Racing unveiled first ever metaverse gaming livery for the 2023 Indianapolis 500.
  • WW International, Inc. (NASDAQ: WW) shares dropped 16% to $6.97 after the company said its former controlling shareholder Artal Group S.A. has sold its remaining minority stake in the Company in a Rule 144 block trade.
  • Butterfly Network, Inc. (NYSE: BFLY) declined 15.5% to $1.8850 following weak quarterly sales.
  • Solo Brands, Inc. (NYSE: DTC) dropped 15.6% to $5.83 after the company announced a secondary offering of Class A common stock.
  • Catalyst Pharmaceuticals, Inc. (NASDAQ: CPRX) fell 15.4% to $14.81 following Q1 results.
  • MaxCyte, Inc. (NASDAQ: MXCT) shares fell 15.2% to $3.9450 after reporting Q1 results.
  • Desktop Metal, Inc. (NYSE: DM) shares dropped 14.7% to $1.62 after the company reported worse-than-expected Q1 sales.
  • Vyant Bio, Inc. (NASDAQ: VYNT) fell 14% to $0.3201 after climbing over 28% on Wednesday. Vyant Bio recently announced filing of Form 25 for voluntary Nasdaq delisting and SEC deregistration.
  • United Homes Group, Inc. (NASDAQ: UHG) dipped 13.7% to $10.27.
  • Pharming Group N.V. (NASDAQ: PHAR) dropped 13.7% to $11.04 following Q1 loss.
  • Beyond Meat, Inc. (NASDAQ: BYND) dipped 12.1% to $10.97, reversing following earlier strength, after the company reported better-than-expected first-quarter earnings results.
  • Babcock & Wilcox Enterprises, Inc. (NYSE: BW) dropped 10.3% to $5.34 following Q1 results.
  • Manchester United plc (NYSE: MANU) dipped 10% to $18.27.
  • Versus Systems Inc. (NASDAQ: VS) shares fell 9.3% to $0.6799. Versus Systems shares gained 19% on Wednesday after the company announced it secured a new patent for machine learning and artificial intelligence systems.
  • Muscle Maker, Inc. (NASDAQ: GRIL) fell 8.8% to $1.34 after reporting Q1 results.
  • The Walt Disney Company (NYSE: DIS) dropped 8.5% to $92.50. Disney posted in-line earnings for its second quarter, but said Disney+ paid subscribers dropped 2% year-over-year during the quarter.
  • CleanSpark, Inc. (NASDAQ: CLSK) dipped 7.8% to $4.5150 following Q2 results.
  • Ritchie Bros. Auctioneers Incorporated (NYSE: RBA) dropped 7.4% to $53.72 following Q1 results.
  • Telefónica, S.A. (NYSE: TEF) fell 5.4% to $4.16 following Q1 results.
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