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Why Nokia Shares Are Trading Lower By Over 5%? Here Are Other Stocks Moving In Thursday's Mid-Day Session

Published 19/10/2023, 18:52
Updated 19/10/2023, 20:10
© Reuters.  Why Nokia Shares Are Trading Lower By Over 5%? Here Are Other Stocks Moving In Thursday's Mid-Day Session

Benzinga - by Lisa Levin, Benzinga Editor.

Gainers

  • SeaStar Medical Holding Corporation (NASDAQ: ICU) shares climbed 36.4% to $1.0516. SeaStar medical shares jumped 70% on Wednesday after the FDA granted the company's Selective Cytopheretic Device Breakthrough Device Designation for hepatorenal syndrome.
  • Outlook Therapeutics, Inc. (NASDAQ: OTLK) jumped 33.6% to $0.6304.
  • MMTec, Inc. (NASDAQ: MTC) rose 32% to $1.7929.
  • Atreca, Inc. (NASDAQ: BCEL) shares gained 28.8% to $0.3490. On Sept. 21, Atreca announced the termination of the lease at its corporate headquarters and the departure of the company's CFO.
  • Spectral AI, Inc. (NASDAQ: MDAI) gained 26.7% to $3.2803. Spectral AI said that its DeepView SnapShot® Wound Imaging System is now UK Conformity Assessed (UKCA)-marked for use in the United Kingdom and has received Class 1 medical device classification with the United States Food and Drug Administration (FDA).
  • Alpine 4 Holdings, Inc. (NASDAQ: ALPP) surged 25% to $1.0999.
  • Maison Solutions Inc. (NASDAQ: MSS) surged 24.7% to $8.13.
  • Biocept, Inc. (NASDAQ: BIOC) gained 23.3% to $0.6780.
  • HUB Cyber Security Ltd. (NASDAQ: HUBC) rose 22.7% to $0.56.
  • SAB Biotherapeutics, Inc. (NASDAQ: SABS) climbed 22.4% to $0.7592 after the company announced it received Australian approval to commence the Phase 1 clinical trial of SAB-142.
  • Mangoceuticals, Inc. (NASDAQ: MGRX) rose 19.6% to $0.80. Mangoceuticals, Inc. issued an update to shareholders on third-quarter achievements and guidance on year end and near-term initiatives.
  • PTC Therapeutics, Inc. (NASDAQ: PTCT) jumped 18.6% to $24.31. PTC Therapeutics announced an agreement with Royalty Pharma to monetize up to $1.5 billion of the Evrysdi Royalty Stream.
  • Lindsay Corporation (NYSE: LNN) climbed 17.6% to $125.68 following better-than-expected fourth-quarter results.
  • G1 Therapeutics, Inc. (NASDAQ: GTHX) gained 16.6% to $1.5050.
  • Netflix, Inc. (NASDAQ: NFLX) shares jumped 16.5% to $403.38 after the company reported better-than-expected results for its third quarter. The company said it sees fourth-quarter revenue of $8.692 million versus estimates of $8.77 billion. Fourth-quarter earnings are expected to come in at $2.15 per share, in line with analyst expectations.
  • Chijet Motor Company, Inc. (NASDAQ: CJET) gained 16.3% to $2.65.
  • Cardio Diagnostics Holdings, Inc. (NASDAQ: CDIO) jumped 15% to $0.29.
  • Heritage Financial Corporation (NASDAQ: HFWA) surged 9.6% to $17.88 after the company reported better-than-expected quarterly EPS results.
  • Cassava Sciences, Inc. (NASDAQ: SAVA) climbed 9.5% to $14.81.
  • Nano Dimension Ltd. (NASDAQ: NNDM) gained 8.7% to $2.6950. Nano Dimension received Israeli Court approval for its $200 million repurchase plan.
  • AT&T Inc. (NYSE: T) gained 7.8% to $15.44 after the company reported better-than-expected third-quarter financial results.
  • Summit Materials, Inc. (NYSE: SUM) rose 7.6% to $34.19. The company filed preliminary M&A-related proxy statement.
  • Minerals Technologies Inc. (NYSE: MTX) rose 6.8% to $53.56. Sidoti & Co. upgraded Minerals Technologies from Neutral to Buy and announced a $65 price target.
  • Ultragenyx Pharmaceutical Inc. (NASDAQ: RARE) gained 6% to $33.63. Ultragenyx Pharmaceutical priced its $300 million underwritten public offering of 8,333,334 common shares at $30 per share.
  • SAP SE (NYSE: SAP) rose 5.5% to $134.62 after the company reported third-quarter financial results.
  • Union Pacific Corporation (NYSE: UNP) gained 4% to $214.00 following quarterly results.
  • Badger Meter, Inc. (NYSE: BMI) rose 3.9% to $139.99 following third-quarter results.
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Losers
  • Nxu, Inc. (NASDAQ: NXU) shares fell 36.8% to $0.0436 after the company announced a $3 million public offering of common stock of 86 million shares at $0.035 per share.
  • Perception Capital Corp. II (NASDAQ: PCCT) shares dipped 35.7% to $6.01.
  • RVL Pharmaceuticals plc (NASDAQ: RVLP) fell 32% to $0.0397.
  • Generation Bio Co. (NASDAQ: GBIO) fell 26.8% to $1.7650 after TD Cowen downgraded the stock from Outperform to Market Perform.
  • Grindrod Shipping Holdings Ltd. (NASDAQ: GRIN) fell 25.7% to $9.20.
  • Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) declined 25.7% to $1.29.
  • Gamer Pakistan Inc. (NASDAQ: GPAK) fell 25% to $1.08.
  • Nuvve Holding Corp. (NASDAQ: NVVE) fell 22.5% to $0.1549 after falling around 24% on Wednesday. Nuvve Holding reported pricing of $1 million underwritten public offering of 7,142,857 shares of common stock at a price of $0.14 per share.
  • Semtech Corporation (NASDAQ: SMTC) declined 22.3% to $15.47 after the company announced a $250 million private placement offering.
  • Micromobility.com Inc. (NASDAQ: MCOM) shares fell 19.8% to $0.0369 after gaining 11% on Wednesday.
  • Rentokil Initial plc (NYSE: RTO) shares fell 17.9% to $29.32. The company said it now sees North America’s annual adjusted operating margin in the range of 18.5% to 19%, versus its earlier forecast of around 19.5%.
  • WNS (Holdings) Limited (NYSE: WNS) declined 16.7% to $57.19 after the company reported mixed second-quarter financial results and updated FY24 guidance.
  • Akso Health Group (NASDAQ: AHG) fell 17.1% to $1.31.
  • Mullen Automotive, Inc. (NASDAQ: MULN) was fell 17.1% to $0.2856 after the company announced that it filed a preliminary proxy statement to the SEC to hold a stockholders' meeting to effect a reverse stock split.
  • Beam Therapeutics Inc. (NASDAQ: BEAM) fell 12.3% to $18.24 after the company announced portfolio prioritization and strategic restructuring.
  • Genuine Parts Company (NYSE: GPC) dropped 11.4% to $131.68 after the company reported worse-than-expected third-quarter revenue results and issued FY23 guidance.
  • VMware, Inc. (NYSE: VMW) shares declined 10.2% to $149.32 following an FT report suggesting China is weighing delaying approval of the company's Broadcom deal.
  • NuScale Power Corporation (NYSE: SMR) fell 10.1% to $4.5327.
  • WW International, Inc. (NASDAQ: WW) declined 9.6% to $10.56.
  • Tesla, Inc. (NASDAQ: TSLA) fell 9.4% to $219.91 as the company reported weaker-than-expected earnings and sales results for its third quarter. The company also said Cybertruck began pilot production in the third quarter at Gigafactory Texas, with deliveries anticipated for November 2023.
  • Ensysce Biosciences, Inc. (NASDAQ: ENSC) fell 9% to $1.57 after gaining over 6% on Wednesday.
  • Blue Star Foods Corp. (NASDAQ: BSFC) shares fell 9% to $0.1720 after falling over 4% on Wednesday.
  • Beyond Meat, Inc. (NASDAQ: BYND) dipped 8.8% to $7.43.
  • GDEV Inc. (NASDAQ: GDEV) fell 7.7% to $2.5120.
  • Nokia Oyj (NYSE: NOK) shares slipped 5.5% to $3.2050 after the company reported downbeat quarterly results. Nokia targets €0.8 billion - $1.2 billion gross cost savings by 2026, leading to a total company headcount of 72,000 - 77,000, down from the 86,000 employees Nokia has today.
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© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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