Benzinga - by Avi Kapoor, Benzinga Staff Writer.
Shares of JetBlue Airways Corporation (NASDAQ: JBLU) fell sharply during Tuesday’s session.
JetBlue’s President & COO Joanna Geraghty will succeed Robin Hayes as CEO, effective Feb. 12, 2024. B of A Securities analyst Andrew Didora downgrades JetBlue Airways from Neutral to Underperform and lowered the price target from $6 to $3.
JetBlue Airways shares dipped 10.9% to $5.13 on Tuesday.
Here are some other stocks moving in today's mid-day session.
Gainers
- NexImmune, Inc. (NASDAQ: NEXI) shares jumped 89.2% to $14.32.
- Sentage Holdings Inc. (NASDAQ: SNTG) shares climbed 65.3% to $3.52.
- MicroCloud Hologram Inc. (NASDAQ: HOLO) gained 41.9% to $0.3450.
- Cutera, Inc. (NASDAQ: CUTR) surged 28.2% to $4.2150. Cutera said it expects FY23 revenue of $211.5 million to $212.5 million versus prior guidance of $205 million.
- Virios Therapeutics, Inc. (NASDAQ: VIRI) shares rose 28% to $0.7520.
- Galera Therapeutics, Inc. (NASDAQ: GRTX) jumped 26% to $0.1880.
- Adicet Bio, Inc. (NASDAQ: ACET) gained 26% to $3.10.
- NGM Biopharmaceuticals, Inc. (NASDAQ: NGM) gained 24.6% to $1.5700. NGM Bio announced clinical data from trial of NGM707 In advanced solid tumors and outlines evolved strategy for aldafermin and NGM120.
- Galera Therapeutics, Inc. (NASDAQ: GRTX) gained 23.5% to $0.1844.
- Juniper Networks, Inc. (NYSE: JNPR) rose 21.5% to $36.71. Hewlett Packard Enterprise Co (NYSE: HPE) is reportedly in advanced discussions to acquire networking equipment competitor Juniper Networks.
- LeddarTech Holdings Inc. (NASDAQ: LDTC) gained 19.1% to $3.99. LeddarTech launched LeddarVision Surround-View (LVS-2+), a premium highway assist software stack on an embedded platform, at CES 2024.
- cbdMD, Inc. (NYSE: YCBD) rose 18.7% to $0.8680.
- Accolade, Inc. (NASDAQ: ACCD) climbed 17.2% to $13.61 following third-quarter results.
- Century Aluminum Company (NASDAQ: CENX) jumped 14.4% to $12.18. B. Riley Securities upgraded Century Aluminum from Neutral to Buy and raised the price target from $10 to $14.
- ACM Research, Inc. (NASDAQ: ACMR) gained 12.8% to $19.22. ACM Research said it sees FY23 revenue of $530 million to $545 million.
- Jowell Global Ltd. (NASDAQ: JWEL) gained 10.8% to $2.25.
- Acuity Brands, Inc. (NYSE: AYI) jumped 10.2% to $225.51 after the company reported better-than-expected first-quarter earnings.
- Zoomcar Holdings, Inc. (NASDAQ: ZCAR) rose 10.1% to $4.37.
- Urban Outfitters, Inc. (NASDAQ: URBN) gained 9.1% to $39.17 after the company reported a 10% increase in total company net sales for the two months ended Dec. 31, 2023.
- Illumina, Inc. (NASDAQ: ILMN) rose 8.2% to $144.72 after the company reported preliminary FY23 consolidated revenue guidance above estimates.
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Losers- Denali Capital Acquisition Corp. (NASDAQ: DECA) shares fell 28.6% to $7.80.
- Top KingWin Ltd (NASDAQ: TCJH) fell 26% to $0.8660 after dipping 39% on Monday.
- Grifols, S.A. (NASDAQ: GRFS) shares fell 24.6% to $8.39 following a report from Gotham City Research titled "Grifols SA: Scranton and the Undisclosed Debts."
- Pono Capital Three, Inc. (NASDAQ: PTHR) declined 22.4% to $7.64.
- Nauticus Robotics, Inc. (NASDAQ: KITT) dipped 20.6% to $0.2920.
- E-Home Household Service Holdings Limited (NASDAQ: EJH) fell 17.5% to $0.4291.
- Safe and Green Development Corporation (NASDAQ: SGD) dipped 16.8% to $1.53. Safe and Green Development announced strategic property monetization initiative throughout 2024.
- Ainos, Inc. (NASDAQ: AIMD) fell 16% to $2.42.
- The Container Store Group, Inc. (NYSE: TCS) dipped 15.2% to $1.9599. The Container Store Group said it sees third-quarter net sales of $214 million versus estimates of $225.38 million.
- Canoo Inc. (NASDAQ: GOEV) shares fell 14.1% to $0.2163. Canoo shares gained around 6% on Monday after the company announced the purchase of manufacturing assets "at dramatically reduced prices" to scale production at its Oklahoma City facility.
- KORE Group Holdings, Inc. (NYSE: KORE) dipped 10.7% to $0.9099.
- Bit Brother Limited (NASDAQ: BETS) fell 10.7% to $0.0058 after dipping 15% on Monday. Bit Brother announced a 1-for-1,000 reverse share split.
- Tilray Brands, Inc. (NASDAQ: TLRY) fell 9.6% to $2.1150 following weak quarterly sales.
- MorphoSys AG (NASDAQ: MOR) dipped 9.1% to $9.18.
- Neogen Corporation (NASDAQ: NEOG) fell 8.6% to $18.14 after the company reported worse-than-expected second-quarter financial results and lowered its FY24 sales guidance below estimates.
- Unity Software Inc. (NYSE: U) fell 8% to $35.85 after it disclosed a job cut.
- Bowlero Corp. (NYSE: BOWL) declined 7.6% to $12.62.
- Hewlett Packard Enterprise Company (NYSE: HPE) fell 7.5% to $16.42. HP might be on the verge of acquiring Juniper Networks, in a deal possibly worth around $13 billion. The announcement could be made as early as this week, according to The Wall Street Journal.
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