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Why Macy's Are Trading Lower By Around 11%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session

Published 22/08/2023, 18:49
© Reuters.  Why Macy's Are Trading Lower By Around 11%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session
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Benzinga - by Lisa Levin, Benzinga Editor. Gainers

  • Fulcrum Therapeutics, Inc. (NASDAQ: FULC) shares jumped 42.8% to $5.60 after the FDA lifted clinical hold on the company’s FTX-6058 for sickle cell disease.
  • VinFast Auto Ltd. (NASDAQ: VFS) gained 42% to $24.96.
  • Axcella Health Inc. (NASDAQ: AXLA) shares climbed 37.3% to $0.2101 after gaining 12% on Monday. The company recently posted a narrower-than-expected quarterly loss.
  • Sidus Space, Inc. (NASDAQ: SIDU) shares gained 30.4% to $0.2101. Sidus Space acquired edge artificial intelligence company, Exo-Space.
  • BioNexus Gene Lab Corp. (NASDAQ: BGLC) jumped 28.3% to $1.35.
  • Fabrinet (NYSE: FN) gained 25% to $146.01 after the company reported better-than-expected fourth-quarter financial results and issued guidance.
  • Borqs Technologies, Inc. (NASDAQ: BRQS) gained 24.4% to $0.2002. Borqs Technologies received extension from CFIUS for HHE divestment, and will consider share buyback and/or paying a special dividend.
  • Hitek Global Inc. (NASDAQ: HKIT) gained 22.2% to $27.50.
  • 1847 Holdings LLC (NYSE: EFSH) climbed 18.7% to $0.1389.
  • G Medical Innovations Holdings Ltd (NASDAQ: GMVD) climbed 18% to $0.1862.
  • Renovaro Biosciences Inc. (NASDAQ: RENB) jumped 16.6% to $2.10.
  • 2U, Inc. (NASDAQ: TWOU) gained 16.5% to $3.39.
  • ProMIS Neurosciences, Inc. (NASDAQ: PMN) shares gained 16.4% to $1.84. ProMIS Neurosciences announced a $20.4 million private placement financing at $1.88 per unit.
  • MIND Technology, Inc. (NASDAQ: MIND) jumped 15.6% to $0.6851. MIND Technology announced sale of Klein Unit for cash consideration of $11.5 million.
  • Hallmark Financial Services, Inc. (NASDAQ: HALL) shares rose 15.4% to $3.38. Hallmark Financial recently posted a second-quarter operating loss of $6.83 per share.
  • Matrix Service Company (NASDAQ: MTRX) gained 15% to $7.35. Matrix Service Company announced receipt of $464 million of awards in the fourth quarter and ending backlog of $1.1 billion.
  • AMTD Digital Inc. (NYSE: HKD) jumped 13.8% to $5.69 after announcing a $30 million share repurchase program.
  • AerSale Corporation (NASDAQ: ASLE) gained 9.7% to $13.87. AerSale completed certification flight testing for AerAware Enhanced Flight Vision System (EFVS).
  • Freight Technologies, Inc. (NASDAQ: FRGT) rose 9% to $0.5441 after gaining around 4% on Monday.
  • Hasbro, Inc. (NASDAQ: HAS) gained 7.4% to $67.94. B of A Securities maintained Hasbro with a Buy and raised the price target from $85 to $90.
  • Super League Gaming, Inc. (NASDAQ: SLGG) shares rose 6.2% to $0.1277 after falling around 50% on Monday. Super League announced pricing of $2.2 million underwritten public offering of 16,923,077 shares of common stock at $0.13 per share.
Losers
  • Republic First Bancorp, Inc. (NASDAQ: FRBK) shares fell 44% to $0.3920 after the Nasdaq notified the company that it will not be listed on the exchange because it has not filed its Form 10-K Annual Report with the SEC for FY22.
  • Tingo Group, Inc. (NASDAQ: TIO) fell 30.4% to $0.8254. Tingo Group said it further postponed its second-quarter earnings release and filing of its form 10-Q for the period ended June 30, 2023.
  • SOS Limited (NYSE: SOS) fell 27.5% to $6.49 after jumping over 99% on Monday.
  • AgileThought, Inc. (NASDAQ: AGIL) fell 25% to $0.23.
  • Dragonfly Energy Holdings Corp. (NASDAQ: DFLI) fell 24.7% to $1.45 after the company reported downbeat second-quarter results and issued weak forecast for the third quarter.
  • China SXT Pharmaceuticals, Inc. (NASDAQ: SXTC) shares fell 24.2% to $0.1813 after gaining 60% on Monday.
  • DICK'S Sporting Goods, Inc. (NYSE: DKS) declined 24% to $111.79 after the company reported worse-than-expected second-quarter results and lowered FY23 guidance.
  • Mullen Automotive, Inc. (NASDAQ: MULN) fell 20.7% to $0.4924.
  • Motorsport Games Inc. (NASDAQ: MSGM) declined 20% to $3.71 following second-quarter results.
  • PureCycle Technologies, Inc. (NASDAQ: PCT) fell 17.3% to $8.14 after the company reported upsize and pricing of $215.0 million 7.25% green convertible senior notes due 2030.
  • AMC Entertainment Holdings, Inc. (NYSE: AMC) fell 17% to $2.58.
  • Geron Corporation (NASDAQ: GERN) fell 15% to $2.2350. The FDA has assigned a standard review and a prescription drug user fee act action date of June 16, 2024 for Geron's new drug application for Imetelstat for transfusion-dependent anemia in patients with lower-risk myelodysplastic syndromes.
  • Society Pass Incorporated (NASDAQ: SOPA) fell 14.4% to $0.4198. Society Pass said on Aug. 21, that the company entered into sales agreement with Ascendiant Capital Markets for offering of up to $10 million common stock.
  • AMC Entertainment Holdings, Inc. (NYSE: APE) fell 12.7% to $1.8498.
  • EBET, Inc. (NASDAQ: EBET) declined 12.2% to $0.0565.
  • MediaCo Holding Inc. (NASDAQ: MDIA) shares fell 12% to $0.66 after gaining more than 30% on Monday.
  • Macy's, Inc. (NYSE: M) fell 11.1% to $13.10 after the company reported second-quarter financial results.
  • Canadian Solar Inc. (NASDAQ: CSIQ) declined 11.1% to $27.36 following quarterly results.
  • Emergent BioSolutions Inc. (NYSE: EBS) fell 10.6% to $4.2550. Advance Auto Parts will replace Emergent BioSolutions in the S&P SmallCap 600, effective Aug. 25.
  • Nordstrom, Inc. (NYSE: JWN) declined 8.3% to $17.48.
  • iQIYI, Inc. (NASDAQ: IQ) fell 7.6% to $4.8050 following second-quarter results.
  • Kohl's Corporation (NYSE: KSS) declined 6.4% to $26.87.
  • V.F. Corporation (NYSE: VFC) fell 6% to $19.17.

Now Read This: Toll Brothers Likely To Post Higher Q3 Earnings; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts

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