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Why Olin Are Trading Lower By 13%? Here Are Other Stocks Moving In Friday's Mid-Day Session

Published 01/09/2023, 18:18
Updated 01/09/2023, 20:40
© Reuters.  Why Olin Are Trading Lower By 13%? Here Are Other Stocks Moving In Friday's Mid-Day Session

Benzinga - by Lisa Levin, Benzinga Editor.

Gainers

  • Edible Garden AG Incorporated (NASDAQ: EDBL) surged 181.1% to $3.63.
  • TradeUP Acquisition Corp. (NASDAQ: UPTD) gained 148.5% to $18.14.
  • Taoping Inc. (NASDAQ: TAOP) shares jumped 81.4% to $4.1177 after the company reported a year-over-year increase in H1 EPS and sales results.
  • TRxADE HEALTH, Inc. (NASDAQ: MEDS) shares gained 41.9% to $10.84.
  • Novo Integrated Sciences, Inc. (NASDAQ: NVOS) climbed 35% to $0.1889 after the company announced it received an Underwriting Clearance Notice for a $70 million coupon.
  • Eos Energy Enterprises, Inc. (NASDAQ: EOSE) shares rose 29.5% to $4.21 after the company announced 'Project AMAZE,' a $500 million program to address long-duration energy storage demand.
  • Axcella Health Inc. (NASDAQ: AXLA) shares rose 23.4% to $0.2850 after falling over 39% on Thursday.
  • Dell Technologies Inc. (NYSE: DELL) gained 22.2% to $73.37 after the company reported better-than-expected second-quarter results and raised its outlook for the year.
  • urban-gro, Inc. (NASDAQ: UGRO) gained 22% to $1.22. Urban-gro entered into an agreement related to its investment in a private placement convertible note with XS Financial Inc, an equipment finance company to the US cannabis industry.
  • Elastic N.V. (NASDAQ: ESTC) shares gained 18.5% to $73.37 after the company reported better-than-expected second-quarter results and raised FY24 adj. EPS guidance.
  • Leafly Holdings, Inc. (NASDAQ: LFLY) climbed 16.7% to $0.6352.
  • Butterfly Network, Inc. (NASDAQ: BFLY) rose 14.2% to $2.02.
  • Nutanix, Inc. (NASDAQ: NTNX) shares jumped 14.1% to $35.48 as the company reported stronger-than-expected fourth-quarter financial results and announced a $350 million share repurchase program.
  • A-Mark Precious Metals, Inc. (NASDAQ: AMRK) gained 13.7% to $38.82 following strong quarterly results.
  • Cheetah Net Supply Chain Service Inc. (NASDAQ: CTNT) gained 13% to $2.3851.
  • Lufax Holding Ltd (NYSE: LU) climbed 12% to $1.35. Shares of Chinese stocks traded higher after China cut the minimum down payment on mortgages as part of stimulus measures.
  • UP Fintech Holding Limited (NASDAQ: TIGR) rose 11.6% to $5.48.
  • Reliance Global Group, Inc. (NASDAQ: RELI) gained 11.3% to $2.6015.
  • Processa Pharmaceuticals, Inc. (NASDAQ: PCSA) shares rose 10.2% to $0.3460 after falling 5% on Thursday.
  • RVL Pharmaceuticals plc (NASDAQ: RVLP) rose 9.9% to $0.1231.
  • Digital Media Solutions, Inc. (NYSE: DMS) gained 9.7% to $4.1712. Shares of Chinese stocks traded higher after China cut the minimum down payment on mortgages as part of stimulus measures.
  • The Lovesac Company (NASDAQ: LOVE) climbed 9.7% to $25.14. Lovesac sees preliminary second-quarter net sales of $154 million.
  • XPeng Inc. (NYSE: XPEV) jumped 8.4% to $19.28 after the company reported August deliveries, which grew 43% year over year.
  • NIO Inc. (NYSE: NIO) gained 8% to $ 11.09. NIO delivered 19,329 vehicles in August 2023, increasing by 81% year-over-year.
  • 23andMe Holding Co. (NASDAQ: ME) rose 6.4% to $1.17 after the company received FDA 510(K) clearance to expand its existing BRCA1/BRCA2 (selected variants) genetic health risk report.
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Losers
  • Aditxt, Inc. (NASDAQ: ADTX) shares fell 42.6% to $31.57 after the company announced a $10 million private placement priced at-the-market under Nasdaq rules.
  • iCoreConnect Inc. (NASDAQ: ICCT) fell 27.3% to $8.69. The company last Friday announced the closing of its previously announced business combination with FG Merger Corp.
  • CXApp Inc. (NASDAQ: CXAI) dipped 23.6% to $3.03.
  • Biodexa Pharmaceuticals Plc (NASDAQ: BDRX) fell 20% to $6.39 after jumping over 60% on Thursday.
  • Acer Therapeutics Inc. (NASDAQ: ACER) fell 20% to $1.02 after jumping 110% on Thursday. Roth MKM downgraded Acer Therapeutics from Buy to Neutral and announced a $1.5 price target.
  • SeqLL Inc. (NASDAQ: SQL) fell 18.8% to $18.10.
  • Tingo Group, Inc. (NASDAQ: TIO) shares fell 18.5% to $1.0500. Hindenburg said they are shorting shares of Tingo Group.
  • VinFast Auto Ltd. (NASDAQ: VFS) declined 17% to $28.84 on continued volatility following its recent Nasdaq debut.
  • Akso Health Group (NASDAQ: AHG) fell 16% to $0.7841.
  • Catalyst Biosciences, Inc. (NASDAQ: CBIO) declined 16% to $0.47.
  • Minim, Inc. (NASDAQ: MINM) dipped 14.5% to $1.65.
  • Hongli Group Inc. (NASDAQ: HLP) fell 14.4% to $2.37.
  • Olin Corporation (NYSE: OLN) tumbled 13.2% to $50.35 after the company announced Scott Sutton will step down as President, Chief Executive Officer and Chairman of the Board in the first half of 2024.
  • Flora Growth Corp. (NASDAQ: FLGC) shares fell 11.4% to $3.3953 after jumping 77% on Thursday.
  • Inspire Veterinary Partners, Inc. (NASDAQ: IVP) fell 11.4% to $3.36. Inspire Veterinary Partners announced closing of $6.4 million initial public offering.
  • Satixfy Communications Ltd. (NASDAQ: SATX) fell 10.1% to $0.5850. SatixFy Communications shares jumped 36% on Thursday after the company announced a $60 million transaction with MDA.
  • The E.W. Scripps Company (NASDAQ: SSP) declined 9.4% to $6.92.
  • 22nd Century Group, Inc. (NASDAQ: XXII) fell 9.3% to $1.2791.
  • Sinclair, Inc. (NASDAQ: SBGI) fell 8.6% to $11.53.
  • PagerDuty, Inc. (NYSE: PD) shares tumbled 8% to $23.73. PagerDuty posted upbeat second-quarter results, but issued weak earnings forecast for the current quarter.
  • Warner Bros. Discovery, Inc. (NASDAQ: WBD) fell 7.8% to $12.11.
  • Paramount Global (NASDAQ: PARA) fell 7% to $14.03.
  • HashiCorp, Inc. (NASDAQ: HCP) shares fell 5.5% to $27.56. HashiCorp posted upbeat second-quarter results, but issued weak FY24 earnings outlook.
  • Broadcom Inc. (NASDAQ: AVGO) shares fell 4.8% to $878.98. Broadcom posted upbeat earnings for its third quarter, but issued weak forecast for the current quarter.
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