Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

Why Panbela Therapeutics Shares Are Trading Lower By Over 35%? Here Are Other Stocks Moving In Thursday's Mid-Day Session

Published 26/01/2023, 18:28
Updated 26/01/2023, 19:40
© Reuters.  Why Panbela Therapeutics Shares Are Trading Lower By Over 35%? Here Are Other Stocks Moving In Thursday's Mid-Day Session

Benzinga - Gainers

  • MicroAlgo Inc. (NASDAQ: MLGO) shares jumped 74% to $2.90. MicroAlgo recently entered into securities purchase agreement for up to $3.2 million.
  • Akanda Corp. (NASDAQ: AKAN) gained 52% to $0.2980.
  • BuzzFeed, Inc. (NASDAQ: BZFD) rose 45.2% to $1.3804 after gaining over 5% on Wednesday. BuzzFeed, last month, reaffirmed its Q4 guidance.
  • Minerva Surgical, Inc. (NASDAQ: UTRS) shares gained 40.7% to $0.5345 after gaining 72% on Wednesday. Minerva Surgical recently announced a $30 million private placement of common stock led by Accelmed Partners.
  • Edible Garden AG Incorporated (NASDAQ: EDBL) surged 38% to $14.50. Edible Garden announced a 1-for-30 reverse stock split.
  • Qurate Retail, Inc. (NASDAQ: QRTEB) gained 37.7% to $6.70.
  • TRxADE HEALTH, Inc. (NASDAQ: MEDS) surged 30% to $0.5091.
  • Qualtrics International Inc. (NASDAQ: XM) shares gained 28.9% to $14.45 after the company reported better-than-expected Q4 results and issued Q1 revenue guidance above estimates.
  • Scilex Holding Company (NASDAQ: SCLX) jumped 26.7% to $8.93.
  • Connexa Sports Technologies Inc. (NASDAQ: CNXA) surged 25% to $0.3486.
  • Digihost Technology Inc. (NASDAQ: DGHI) surged 20.2% to $1.7544.
  • PyroGenesis Canada Inc. (NASDAQ: PYR) gained 19.8% to $1.09.
  • American Rebel Holdings, Inc. (NASDAQ: AREB) gained 18.6% to $0.2787 after jumping 17% on Wednesday.
  • Recruiter.com Group, Inc. (NASDAQ: RCRT) rose 17.4% to $0.5747.
  • Metalpha Technology Holding Limited (NASDAQ: MATH) gained 16.2% to $0.6163.
  • World Acceptance Corporation (NASDAQ: WRLD) surged 15.7% to $93.74 following Q3 results.
  • Xilio Therapeutics, Inc. (NASDAQ: XLO) gained 15% to $4.5640.
  • Avaya Holdings Corp. (NYSE: AVYA) gained 12.4% to $0.4099.
  • Boot Barn Holdings, Inc. (NYSE: BOOT) jumped 12.5% to $83.67 after the company reported better-than-expected Q3 sales results and issued Q4 and FY23 sales guidance above estimates.
  • NetScout Systems, Inc. (NASDAQ: NTCT) surged 11.4% to $35.26 following strong quarterly results.
  • Opendoor Technologies Inc. (NASDAQ: OPEN) gained 11.1% to $1.79.
  • Tesla, Inc. (NASDAQ: TSLA) rose 10.1% to $158.96 after the company reported better-than-expected results for its fourth quarter. Vehicle production totaled 439,701 units in the fourth quarter, while deliveries amounted to 405,278 electric vehicles.
  • DoubleVerify Holdings, Inc. (NYSE: DV) rose 9.9% to $27.94. DoubleVerify will replace Meridian Bioscience in the S&P SmallCap 600 on Tuesday, Jan. 31.
  • Weibo Corporation (NASDAQ: WB) gained 9.8% to $24.11.
  • Seagate Technology Holdings plc (NASDAQ: STX) shares rose 9.5% to $68.13 after the company reported better-than-expected Q2 results.
  • DoubleVerify Holdings, Inc. (NYSE: DV) jumped 9.3% to $27.80 after it was announced the company will join the S&P SmallCap 600.
  • Nemaura Medical Inc. (NASDAQ: NMRD) gained 9.1% to $2.88 after the company received first purchase order from U.S. health provider HealthFleet Inc.
  • TC Biopharm (Holdings) Plc (NASDAQ: TCBP) shares gained 8.7% to $4.38. HC Wainwright & Co. initiated coverage on TC BioPharm with a Buy rating and announced a price target of $9.
Losers
  • F-star Therapeutics, Inc. (NASDAQ: FSTX) shares declined 38.6% to $3.60. Hearing InvoX does not expect to get Committee on Foreign Investment in the U.S. approval for its proposed deal to acquire the company, according to Deal Reporter.
  • Panbela Therapeutics, Inc. (NASDAQ: PBLA) shares dipped 35.6% to $1.7450 after the company reported pricing of $15 million public offering at $2.75 per share.
  • Village Farms International, Inc. (NASDAQ: VFF) fell 34.4% to $0.9901 after the company announced a roughly $25 million registered direct offering.
  • Aridis Pharmaceuticals, Inc. (NASDAQ: ARDS) fell 32.5% to $0.83 after the company announced top-line results from its AR-301-002 Phase 3 study, in which the primary endpoint was not met with statistical significance.
  • ThermoGenesis Holdings, Inc. (NASDAQ: THMO) dropped 19.1% to $4.1099. ThermoGenesis recently regained compliance with Nasdaq minimum bid price requirement.
  • Altisource Portfolio Solutions S.A. (NASDAQ: ASPS) fell 18.8% to $6.11.
  • Customers Bancorp, Inc. (NASDAQ: CUBI) fell 18.2% to $26.05 after the company reported worse-than-expected Q4 EPS and sales results.
  • NeoVolta Inc. (NASDAQ: NEOV) fell 16.5% to $2.2550.
  • Paragon 28, Inc. (NYSE: FNA) dropped 16.3% to $16.81 after the company announced pricing of a public offering.
  • Inhibikase Therapeutics, Inc. (NASDAQ: IKT) fell 16.3% to $0.72. Inhibikase Therapeutics announced $10 million concurrent registered direct offering and private placement priced at a premium to market under Nasdaq rules.
  • Covenant Logistics Group, Inc. (NASDAQ: CVLG) dropped 15.8% to $32.34 after the company reported worse-than-expected Q4 EPS results.
  • Lannett Company, Inc. (NYSE: LCI) dipped 15.8% to $0.5218. Lannett announced a 1-for -4 reverse stock split.
  • GeoVax Labs, Inc. (NASDAQ: GOVX) fell 15.6% to $0.9368. GeoVax shares gained 59% on Wednesday after the company received a notice of allowance for its zika vaccine patent.
  • Plexus Corp. (NASDAQ: PLXS) dropped 15.3% to $95.88 after the company reported worse-than-expected Q1 sales results and issued Q2 EPS and revenue guidance below estimates.
  • Ocuphire Pharma, Inc. (NASDAQ: OCUP) fell 13.2% to $3.2650 after the company reported topline results from ZETA-1 Phase 2 trial of oral APX3330 in diabetic retinopathy and plans for end-of-Phase 2 meeting with the FDA. HC Wainwright & Co maintained Ocuphire Pharma with a Buy and lowered the price target from $26 to $20.
  • Bridger Aerospace Group Holdings, Inc. (NASDAQ: BAER) dropped 12.8% to $19.24.
  • MarineMax, Inc. (NYSE: HZO) fell 10.6% to $30.99 after the company reported worse-than-expected Q1 adjusted EPS and sales results and lowered FY23 adjusted EPS guidance.
  • LendingClub Corporation (NYSE: LC) shares fell 10.4% to $9.26 following strong Q4 sales.
  • Magenta Therapeutics, Inc. (NASDAQ: MGTA) shares fell 10.3% to $0.4439 after the company voluntarily paused the MGTA-117 Phase 1/2 dose-escalation clinical trial to investigate drug safety.
  • Intelligent Bio Solutions Inc. (NASDAQ: INBS) shares dropped 9.7% to $1.1201. Intelligent Bio Solutions recently announced it successfully completed the review of results from Milestone 7, a phase of its biosensor platform development.
  • Virtu Financial, Inc. (NASDAQ: VIRT) fell 9.4% to $18.57 as the company reported worse-than-expected Q4 adjusted EPS results.
  • Luokung Technology Corp. (NASDAQ: LKCO) fell 9.4% to $0.2075 after jumping around 24% on Wednesday.
  • The Sherwin-Williams Company (NYSE: SHW) dropped 7.6% to $228.24 after the company reported worse-than-expected Q4 revenue and issued soft FY23 guidance.
  • Diageo plc (NYSE: DEO) shares dropped 5.6% to $134.28 after the company reported first-half results.
  • International Business Machines Corporation (NYSE: IBM) fell 4.6% to $134.28. IBM reported better-than-expected sales for its fourth quarter on Wednesday. The company plans to reduce around 3,900 jobs that represent 1.5% of its global workforce, reported Bloomberg.
  • Wolfspeed, Inc. (NYSE: WOLF) fell 3.4% to $79.18 after the company reported worse-than-expected Q2 sales and issued soft guidance.
Also Check This Out Tesla Gets Price Target Bumps By Analysts After Strong Q4 Results

© 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.