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Why Hooker Furnishings Are Trading Lower By 15%? Here Are Other Stocks Moving In Friday's Mid-Day Session

Published 08/09/2023, 18:56
Updated 08/09/2023, 20:10
© Reuters.  Why Hooker Furnishings Are Trading Lower By 15%? Here Are Other Stocks Moving In Friday's Mid-Day Session
HOFT
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Benzinga - by Lisa Levin, Benzinga Editor.

Gainers

  • Biocept, Inc. (NASDAQ: BIOC) shares jumped 97.6% to $1.6608 after the company announced non-exclusive licensing agreement for CNSide with Plus Therapeutics.
  • EZGO Technologies Ltd. (NASDAQ: EZGO) gained 28% to $0.2591. EZGO recently announced pricing of $10 million registered direct offering.
  • Lantronix, Inc. (NASDAQ: LTRX) shares climbed 26.3% to $5.05 following better-than-expected quarterly sales.
  • Verb Technology Company, Inc. (NASDAQ: VERB) gained 25.2% to $2.0907. Verb Technology recently announced a technology integration with TikTok.
  • ParaZero Technologies Ltd. (NASDAQ: PRZO) rose 17.7% to $1.51 after the company said Airobotics Optimus-1EX system received a historic U.S. FAA type certification.
  • Theratechnologies Inc. (NASDAQ: THTX) climbed 17% to $2.2900.
  • Helius Medical Technologies, Inc. (NASDAQ: HSDT) gained 17% to $9.41.
  • Smartsheet Inc. (NASDAQ: SMAR) gained 14.1% to $46.04 after the company reported a second-quarter earnings beat and issued strong guidance.
  • Smith & Wesson Brands, Inc. (NASDAQ: SWBI) shares jumped 13.5% to $11.94 after the company reported better-than-expected financial results.
  • Gatos Silver, Inc. (NYSE: GATO) jumped 13% to $5.25. Canaccord Genuity upgraded Gatos Silver from Hold to Buy and raised the price target from $5 to $5.5.
  • Impel Pharmaceuticals Inc. (NASDAQ: IMPL) gained 12% to $0.4280 after falling 4% on Thursday.
  • Guidewire Software, Inc. (NYSE: GWRE) jumped 12.2% to $95.23 following quarterly results.
  • AGBA Group Holding Limited (NASDAQ: AGBA) shares gained 11.5% to $0.7903 after reporting a $50 million equity purchase agreement.
  • CymaBay Therapeutics, Inc. (NASDAQ: CBAY) gained 11.1% to $16.67. Raymond James maintained CymaBay Therapeutics with a Strong Buy and raised the price target from $17 to $33.
  • BioNexus Gene Lab Corp. (NASDAQ: BGLC) shares rose 10.6% to $1.1496 after falling 15% on Thursday.
  • ZyVersa Therapeutics, Inc. (NASDAQ: ZVSA) gained 10% to $0.1350 after HC Wainwright initiated coverage on the stock with Buy rating and price target of $2.5.
  • Spruce Biosciences, Inc. (NASDAQ: SPRB) shares jumped 6.7% to $2.38
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Losers
  • Grom Social Enterprises, Inc. (NASDAQ: GROM) shares dipped 50% to $2.0260 after the company reported pricing of $3.0 million public offering.
  • Arqit Quantum Inc. (NASDAQ: ARQQ) tumbled 31% to $0.66 after announcing a $16.2 million registered direct offering.
  • Rent the Runway, Inc. (NASDAQ: RENT) fell 28.3% to $0.9747 after the company reported downbeat second-quarter sales and issued weak third-quarter forecast.
  • Digital Media Solutions, Inc. (NYSE: DMS) fell 25.2% to $3.70 after jumping 36% on Thursday.
  • Kaixin Auto Holdings (NASDAQ: KXIN) fell 20.6% to $0.27 after surging 91% on Thursday.
  • NeuBase Therapeutics, Inc. (NASDAQ: NBSE) dipped 19.3% to $1.51. NeuBase Therapeutics said the board does not believe that shareholder value will be enhanced by issuing the special $1 per share dividend its shareholder Symetryx requested in their press release.
  • Sigma Additive Solutions, Inc. (NASDAQ: SASI) fell 18.4% to $0.2199. Sigma Additive Solutions shares jumped 26% on Thursday after the company announced plans to acquire NextTrip for around $48 million and sell assets of quality assurance software to strategic buyer.
  • Karat Packaging Inc. (NASDAQ: KRT) declined 17.4% to $20.83 as the company reported pricing of secondary offering of common stock.
  • Planet Labs PBC (NYSE: PL) shares tumbled 16.1% to $2.5850 after the company reported downbeat second-quarter financial results and issued weak third-quarter forecast.
  • Wheeler Real Estate Investment Trust, Inc. (NASDAQ: WHLR) dipped 15.3% to $5.41.
  • Hooker Furnishings Corporation (NASDAQ: HOFT) fell 15% to $18.20 after the company reported worse-than-expected results.
  • Tritium DCFC Limited (NASDAQ: DCFC) fell 14.3% to $0.70.
  • Semantix, Inc. (NASDAQ: STIX) fell 13.8% to $1.31.
  • Nikola Corporation (NASDAQ: NKLA) dipped 12% to $0.9144. The stock is down more than 60% over the last month.
  • RH (NYSE: RH) fell 11.6% to $325.58 after the company issued a cautious outlook, saying it expects the luxury housing market and broader economy to remain challenging through 2023. The company also issued soft third-quarter revenue guidance.
  • Zumiez Inc. (NASDAQ: ZUMZ) fell 9% to $16.99.
  • Phreesia, Inc. (NYSE: PHR) fell 8.8% to $21.54.
  • Calavo Growers, Inc. (NASDAQ: CVGW) declined 8.7% to $30.02.
  • Rosecliff Acquisition Corp I (NASDAQ: RCLF) shares fell 8.2% to $13.20 after surging 40% on Thursday.
  • ChargePoint Holdings, Inc. (NYSE: CHPT) fell 8.2% to $5.78. RBC Capital initiated coverage on ChargePoint with an Outperform rating and announced a price target of $9.
  • IHS Holding Limited (NYSE: IHS) fell 8.1% to $6.70.
  • GameStop Corp. (NYSE: GME) shares declined 6.1% to $17.75. Canadian businessman Ryan Cohen is reportedly under the Securities Exchange Commission's scanner over his trades in the stock of home furnishing retailer Bed Bath & Beyond, Inc, which went on to file for bankruptcy protection in April.
  • Inpixon (NASDAQ: INPX) shares fell 5.7% to $0.1301 after declining 10% on Thursday.
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