Benzinga - by Avi Kapoor, Benzinga Staff Writer.
Shares of Lifecore Biomedical, Inc. (NASDAQ: LFCR) fell sharply during Wednesday’s session after the company announced it concluded its strategic evaluation process, announced management succession and board changes.
Lifecore Biomedical shares dipped 31.7% to $4.91 on Wednesday.
Here are some other stocks moving in today's mid-day session.
Gainers
- ETAO International Co., Ltd. (NASDAQ: ETAO) shares shot up 111.5% to $0.3025. The company announced a reverse stock split.
- XTL Biopharmaceuticals Ltd. (NASDAQ: XTLB) gained 74.3% to $1.7950 after the company announced plans to acquire The Social Proxy.
- TruGolf Holdings, Inc. (NASDAQ: TRUG) shares climbed 56% to $1.7938 after the company announced a newly expanded AI technology licensing agreement with mlSpatial.
- Treasure Global Inc. (NASDAQ: TGL) climbed 39% to $6.09.
- Anghami Inc. (NASDAQ: ANGH) gained 37% to $1.3703.
- Oblong, Inc. (NASDAQ: OBLG) rose 30.7% to $0.1765 after the company reported financial results for fourth quarter 2023 and issued a business update.
- SCWorx Corp. (NASDAQ: WORX) rose 27% to $3.6061 after surging around 54% on Tuesday.
- Edgio, Inc. (NASDAQ: EGIO) gained 26% to $8.79.
- Annovis Bio, Inc. (NASDAQ: ANVS) gained 25.6% to $11.21 after the company announced the completion of data cleaning for its Phase 2/3 study of Buntanetap in patients with mild to moderate Alzheimer's disease, with Topline efficacy data expected in April.
- Taysha Gene Therapies, Inc. (NASDAQ: TSHA) rose 23% to $2.7650 after the company reported a year-over-year increase in FY23 EPS results.
- Cemtrex, Inc. (NASDAQ: CETX) jumped 22% to $4.31.
- Swvl Holdings Corp. (NASDAQ: SWVL) rose 19.7% to $10.16.
- Brenmiller Energy Ltd (NASDAQ: BNRG) gained 19% to $2.94.
- CareMax, Inc. (NASDAQ: CMAX) climbed 18.4% to $5.80.
- Digital World Acquisition Corp. (NASDAQ: DWAC) gained 18.1% to $43.00.
- TeraWulf Inc. (NASDAQ: WULF) jumped 18% to $2.0297 amid a rise in Bitcoin.
- Blade Air Mobility, Inc. (NASDAQ: BLDE) rose 17.1% to $2.87 after the company announced a $20 million share repurchase program.
- Canopy Growth Corporation (NASDAQ: CGC) gained 15% to $4.4056. VP Kamala Harris recently urged the DEA to reschedule marijuana.
- Pagaya Technologies Ltd. (NASDAQ: PGY) surged 12.4% to $10.25.
- Iris Energy Limited (NASDAQ: IREN) gained 11.3% to $5.00.
- Sportradar Group AG (NASDAQ: SRAD) climbed 10.7% to $11.17 after the company reported better-than-expected fourth-quarter results and authorized a $200 million share repurchase program.
- BYND Cannasoft Enterprises Inc. (NASDAQ: BCAN) climbed 10% to $0.0220 after falling 15% on Tuesday. Aegis Capital acted as Sole bookrunner on a $7.0 million underwritten public offering for BYND Cannasoft Enterprises Inc.
- The Beauty Health Company (NASDAQ: SKIN) gained 9.3% to $4.3050.
- Marathon Digital Holdings, Inc. (NASDAQ: MARA) jumped 7.5% to $20.77 amid a rise in Bitcoin.
- Spirit AeroSystems Holdings, Inc. (NYSE: SPR) gained 6.7% to $35.19.
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Losers- NuScale Power Corporation (NYSE: SMR) shares tumbled 28% to $4.73. NuScale Power shares dipped around 35% on Tuesday after Wells Fargo downgraded the stock from Equal-Weight to Underweight and lowered its price target from $7.50 to $4.50.
- Ontrak, Inc. (NASDAQ: OTRK) dipped 26% to $0.3258 after jumping over 131% on Tuesday.
- Momentus Inc. (NASDAQ: MNTS) fell 21.7% to $0.4647, reversing after spiking 17% on Tuesday following a US patent grant.
- Aterian, Inc. (NASDAQ: ATER) dipped 21.3% to $0.26. Aterian announced a reverse stock split.
- Aquestive Therapeutics, Inc. (NASDAQ: AQST) fell 15.4% to $4.51. Aquestive Therapeutics priced its $75 million underwritten public offering of 16,666,667 common shares at $4.50 per share.
- Aptorum Group Limited (NYSE: APM) declined 14.8% to $8.20.
- Airship AI Holdings, Inc. (NASDAQ: AISP) fell 14.8% to $10.88.
- Seelos Therapeutics, Inc. (NASDAQ: SEEL) dipped 14.6% to $0.5550. Seelos Therapeutics recently announced that its ALS study with SLS-005 did not meet statistical significance in the primary and secondary endpoint in the Full Analysis Set.
- Astria Therapeutics, Inc. (NASDAQ: ATXS) fell 13.3% to $14.47.
- Signet Jewelers Limited (NYSE: SIG) declined 11% to $91.20 after the company reported worse-than-expected fourth-quarter sales and issued weak FY25 guidance.
- Mercurity Fintech Holding Inc. (NYSE: MFH) fell 10.7% to $1.41.
- Harrow, Inc. (NASDAQ: HROW) fell 8.6% to $9.73 after posting weaker-than-expected fourth-quarter results.
- Sotera Health Company (NASDAQ: SHC) dipped 8.8% to $11.96.
- Adverum Biotechnologies, Inc. (NASDAQ: ADVM) fell 7.8% to $1.52.
- BioNTech SE (NASDAQ: BNTX) fell 6.3% to $88.24 after the company reported worse than expected fourth-quarter FY23 earnings and issued FY2024 guidance.
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