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Why Kodiak Sciences Shares Are Trading Higher By 18%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session

Published 29/03/2023, 17:50
Updated 29/03/2023, 19:10
© Reuters.  Why Kodiak Sciences Shares Are Trading Higher By 18%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session

© Reuters. Why Kodiak Sciences Shares Are Trading Higher By 18%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session

Benzinga - Gainers

  • LogicMark, Inc. (NASDAQ: LGMK) shares jumped 76.1% to $0.2466 after the company announced financial results for the year ended 2022. The company reported FY22 revenue of $11.9 million.
  • Ambipar Emergency Response (NASDAQ: AMBI) surged 40.9% to $10.95.
  • Local Bounti Corporation (NYSE: LOCL) gained 35% to $0.6102 after the company announced it secured up to $145 million of additional financing to support growth. The company also reported Q4 financial results and issued guidance.
  • WaveDancer, Inc. (NASDAQ: WAVD) jumped 30% to $0.3450.
  • CBL International Limited (NASDAQ: BANL) surged 26.8% to $8.64.
  • Kodiak Sciences Inc. (NASDAQ: KOD) gained 18.3% to $5.80 after posting a narrower-than-expected quarterly loss.
  • Helbiz, Inc. (NASDAQ: HLBZ) gained 16.8% to $0.1343. Helbiz posted FY22 revenue of $15.5 million, up 21% year over year.
  • Arcturus Therapeutics Holdings Inc. (NASDAQ: ARCT) shares climbed 16.5% to $18.05 after the company reported better-than-expected Q4 EPS and sales results.
  • Brainstorm Cell Therapeutics Inc. (NASDAQ: BCLI) gained 16.3% to $2.14.
  • Bird Global, Inc. (NASDAQ: BRDS) rose 16.2% to $0.2252 after jumping 42% on Tuesday.
  • Erasca, Inc. (NASDAQ: ERAS) gained 15.3% to $3.16. Erasca Chairman & CEO Jonathan Lim acquired a total of 100,000 shares at an average price of $2.84.
  • Lululemon Athletica Inc. (NASDAQ: LULU) shares climbed 15.1% to $368.73 after the company reported better-than-expected Q4 results and issued strong guidance.
  • Atai Life Sciences N.V. (NASDAQ: ATAI) rose 14.6% to $1.5250.
  • Cipher Mining Inc. (NASDAQ: CIFR) gained 13.7% to $2.1604.
  • Tempest Therapeutics, Inc. (NASDAQ: TPST) climbed 13.1% to $1.98. Tempest Therapeutics recently posted a Q4 loss of $0.63 per share.
  • Enovix Corporation (NASDAQ: ENVX) gained 13% to $12.70. The company announced a new manufacturing partner and selected the location for its next high-volume manufacturing facility.
  • N-able, Inc. (NYSE: NABL) shares rose 12.6% to $13.72. N-able will replace iStar Incin the S&P SmallCap 600 on Monday, April 3.
  • Angion Biomedica Corp. (NASDAQ: ANGN) gained 12.5% to $0.54.
  • AST SpaceMobile, Inc. (NASDAQ: ASTS) jumped 11% to $6.24.
  • Riot Platforms, Inc (NASDAQ: RIOT) shares rose 10% to $8.92 amid a rise in Bitcoin.
  • Marathon Digital Holdings, Inc. (NASDAQ: MARA) shares surged 10% to $7.92 amid a rise in Bitcoin.
  • Stratasys Ltd. (NASDAQ: SSYS) jumped 9.8% to $15.50 after Nano Dimension increased its offer to acquire the company to $19.55 per share in cash.
  • Hut 8 Mining Corp (NASDAQ: HUT) gained 9.4% to $1.7607 amid strength in cryptocurrencies.
  • Cal-Maine Foods, Inc. (NASDAQ: CALM) shares climbed 8.3% to $58.87 after the company reported better-than-expected financial results for its fiscal third quarter.
  • Rivian Automotive, Inc. (NASDAQ: RIVN) climbed 7.9% to $13.98. Needham reiterated Rivian Automotive with a Buy and maintained a $26 price target.
  • Micron Technology, Inc. (NASDAQ: MU) gained 6.2% to $62.99 following fiscal second-quarter financial results.
Losers
  • ProQR Therapeutics N.V. (NASDAQ: PRQR) fell 32.7% to $2.41. ProQR Therapeutics posted a FY loss of €0.91 per share.
  • bluebird bio, Inc. (NASDAQ: BLUE) dropped 30.6% to $2.9953 after the company reported Q4 and full year 2022 financial results. Also, a Bloomberg report suggesting Bluebird Bio expects a delay on its FDA sickle cell drug application is also impacting the stock.
  • Sharecare, Inc. (NASDAQ: SHCR) shares dipped 27.3% to $1.5486 after the company reported Q4 results.
  • Minim, Inc. (NASDAQ: MINM) fell 24.1% to $0.1088 after reporting Q4 results.
  • Shift Technologies, Inc (NASDAQ: SFT) shares dropped 23.8% to $1.29 after reporting downbeat quarterly sales. Shift also announced regaining compliance with Nasdaq listing requirement.
  • Near Intelligence, Inc. (NASDAQ: NIR) fell 20.8% to $2.85 after the company reported Q4 financial results.
  • Pieris Pharmaceuticals, Inc. (NASDAQ: PIRS) dipped 18.2% to $1.21 after the company reported a 17.6% year-over-year decline in revenue in FY22 to $25.9 million.
  • Stem, Inc. (NYSE: STEM) dropped 16.8% to $5.18 after the company announced a proposed $175 million green convertible senior notes offering.
  • AGBA Group Holding Limited (NASDAQ: AGBA) dropped 16.1% to $2.1801.
  • GlycoMimetics, Inc. (NASDAQ: GLYC) fell 15.3% to $1.1850 after posting a wider-than-expected quarterly loss.
  • Codiak BioSciences, Inc. (NASDAQ: CDAK) dipped 13.3% to $0.1646.
  • Draganfly Inc. (NASDAQ: DPRO) fell 13.3% to $1.24. Draganfly announced pricing of $8 million underwritten public offering of 8 million shares of common stock at a price of $1 per share to secure growth capital.
  • Gulf Island Fabrication, Inc. (NASDAQ: GIFI) dropped 13.2% to $3.67 following Q4 results.
  • El Pollo Loco Holdings, Inc. (NASDAQ: LOCO) fell 12.9% to $8.97.
  • SomaLogic, Inc. (NASDAQ: SLGC) fell 9.5% to $1.29 after the company posted a wider-than-expected Q4 loss.
  • UniFirst Corporation (NYSE: UNF) dropped 9.3% to $175.14 after posting Q2 results.
  • IceCure Medical Ltd (NASDAQ: ICCM) fell 7.8% to $1.1799 after gaining 14% on Tuesday. IceCure Medical secured regulatory approval in China for commercial use of its IceSense3 Disposable Cryoprobes.
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