Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious Outperformance
Find Stocks Now

Why Miromatrix Medical Shares Are Trading Lower By 40%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session

Published 08/03/2023, 18:28
Updated 08/03/2023, 19:40
© Reuters.  Why Miromatrix Medical Shares Are Trading Lower By 40%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session

Benzinga - Gainers

  • Kimball International, Inc. (NASDAQ: KBAL) shares jumped 84.9% to $12.40 after HNI Corporation announced it will acquire the company for $485 million.
  • Fresh Tracks Therapeutics, Inc. (NASDAQ: FRTX) rose 40.9% to $2.48 after the company announced, in its Phase 1 study, FRTX-02 was generally safe and well tolerated within the potential therapeutic dose range, meeting the study's primary objectives.
  • Arlo Technologies, Inc. (NYSE: ARLO) gained 38% to $4.95 after the company reported better-than-expected Q4 results and issued FY23 adjusted EPS guidance above estimates.
  • Diversey Holdings, Ltd. (NASDAQ: DSEY) gained 37.3% to $8.16 after the company announced it will be acquired by Solenis for $4.6 billion.
  • Edible Garden AG Incorporated (NASDAQ: EDBL) surged 37% to $4.15. Edible Garden announced Whole Foods Market plans to carry pulp line of gourmet sauces and chili-based products.
  • ObsEva SA (NASDAQ: OBSV) shares jumped 34.6% to $0.1885 after dropping 30% on Tuesday.
  • Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN) shares climbed 34.2% to $25.17 after the company reported mixed Q4 financial results and issued guidance.
  • Fresh Tracks Therapeutics, Inc. (NASDAQ: FRTX) gained 30.9% to $2.3050 after the company announced, in its Phase 1 study, FRTX-02 was generally safe and well tolerated within the potential therapeutic dose range, meeting the study's primary objectives.
  • LifeStance Health Group, Inc. (NASDAQ: LFST) gained 27% to $6.03 after the company reported mixed full year 2022 financial results and issued full year 2023 revenue guidance above estimates.
  • BEST Inc. (NYSE: BEST) jumped 24.5% to $0.8098. BEST’s board of directors has authorized a share repurchase program, under which BEST may repurchase up to $20 million worth of its shares.
  • Treace Medical Concepts, Inc. (NASDAQ: TMCI) gained 20.8% to $24.44 after the company reported better-than-expected Q4 financial results.
  • SaverOne 2014 Ltd (NASDAQ: SVRE) gained 19.5% to $1.65 after the company announced it has signed an agreement with Electra Afikim to install the SaverOne system across its entire fleet of public buses, amounting to approximately 1,200 vehicles.
  • Rigel Pharmaceuticals, Inc. (NASDAQ: RIGL) rose 18.9% to $1.7472 after posting better-than-expected Q4 results.
  • Mesoblast Limited (NASDAQ: MESO) rose 18.8% to $3.60 after the company announced the FDA accepted its Biologics License Application resubmission for remestemcel-L in the treatment of children with steroid-refractory acute graft versus host disease.
  • Rigel Pharmaceuticals, Inc. (NASDAQ: RIGL) jumped 18% to $1.7350 after the company reported better-than-expected Q4 EPS and sales results.
  • Vertex, Inc. (NASDAQ: VERX) gained 16.7% to $17.53 after the company reported better-than-expected Q4 results.
  • Membership Collective Group Inc. (NYSE: MCG) gained 16.6% to $7.30 after posting a profit for the fourth quarter.
  • Gol Linhas Aéreas Inteligentes S.A. (NYSE: GOL) rose 13% to $2.96 after the company reported Q4 financial results.
  • Rubicon Technologies, Inc. (NYSE: RBT) jumped 11.9% to $1.22.
  • OPKO Health, Inc. (NASDAQ: OPK) gained 9.9% to $1.1650 after the company announced its ModeX Therapeutics entered into an exclusive worldwide license and collaboration agreement with Merck for the development of MDX-2201.
3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .
Losers
  • Intelligent Bio Solutions Inc. (NASDAQ: INBS) shares dipped 46.1% to $3.2314 after the company announced pricing of a $2.2 million public offering.
  • Miromatrix Medical Inc. (NASDAQ: MIRO) fell 39.9% to $1.4850 after the company announced pricing of a $10 million public offering of common stock.
  • Troika Media Group, Inc. (NASDAQ: TRKA) fell 28.8% to $0.3990. Troika Media Group shares dropped around 27% on Tuesday after the company reported 1H financial results.
  • Emergência Participações S.A. (NYSE: AMBI) dropped 27.4% to $9.76.
  • United Natural Foods, Inc. (NYSE: UNFI) fell 25.9% to $30.36 after the company reported worse-than-expected Q2 EPS and cut FY23 EPS guidance.
  • WW International, Inc. (NASDAQ: WW) dipped 24.2% to $5.25. The company recently posted worse-than-expected Q4 earnings and issued soft Q1 guidance. The company also announced it will acquire Weekend Health, Inc. for a net purchase price of $106 million.
  • Synchronoss Technologies, Inc. (NASDAQ: SNCR) fell 22.5% to $0.79 following downbeat quarterly results.
  • Novo Integrated Sciences, Inc. (NASDAQ: NVOS) dipped 21.6% to $0.15.
  • Midatech Pharma plc (NASDAQ: MTP) dropped 19.4% to $0.3969.
  • HUTCHMED (China) Limited (NASDAQ: HCM) fell 17.2% to $13.69. HUTCHMED (China) recently said FY22 sales results were higher year over year.
  • Blue Star Foods Corp. (NASDAQ: BSFC) fell 16.7% to $0.1745.
  • Ellomay Capital Ltd. (NYSE: ELLO) dipped 14.7% to $10.44.
  • SoundHound AI, Inc. (NASDAQ: SOUN) fell 14.7% to $2.8415 after the company reported fourth-quarter financial results and issued guidance.
  • Stitch Fix, Inc. (NASDAQ: SFIX) shares dropped 12.4% to $4.3450. Stitch Fix reported weaker-than-expected Q2 sales. The company is estimating Q3 revenue to come in a range of $385 million to $395 million, which would be a decline of 22% to 20% year-over-year.
  • Virax Biolabs Group Limited (NASDAQ: VRAX) shares fell 12.4% to $1.0601. Virax Biolabs shares gained 83% on Tuesday after the company announced an agreement for the distribution of an Avian Influenza A Virus real-time PCR test kit to the European market..
  • Siyata Mobile Inc. (NASDAQ: SYTA) fell 12% to $0.2287 after jumping over 32% on Tuesday.
  • Nine Energy Service, Inc. (NYSE: NINE) dropped 11.7% to $9.19 following Q4 results.
  • Bionomics Limited (NASDAQ: BNOX) fell 10.9% to $3.86 after surging 20% on Tuesday.
  • Full House Resorts, Inc. (NASDAQ: FLL) dropped 10.2% to $8.92 following Q4 results.
  • HNI Corporation (NYSE: HNI) fell 9.4% to $27.11 after the company announced it will acquire Kimball International.
  • Anghami Inc. (NASDAQ: ANGH) fell 9.1% to $2.09. Anghami recently reported a 35.6% revenue growth in preliminary unaudited 2022 results.
  • Shoals Technologies Group, Inc. (NASDAQ: SHLS) shares fell 7.7% to $24.52 after the company reported pricing of secondary offering of 24,501,650 shares of Class A common stock at a price of $24.70 per share by selling stockholders.
  • Energy Focus, Inc. (NASDAQ: EFOI) fell 7.3% to $0.62 after gaining more than 28% on Tuesday.
  • Mercurity Fintech Holding Inc. (NASDAQ: MFH) shares dropped 7% to $1.2001 after jumping over 43% on Tuesday.
3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read the original article on Benzinga

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.