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Why SAP Shares Are Trading Higher By Around 6%? Here Are Other Stocks Moving In Friday's Mid-Day Session

Published 21/04/2023, 17:40
Updated 21/04/2023, 19:10
© Reuters.  Why SAP Shares Are Trading Higher By Around 6%? Here Are Other Stocks Moving In Friday's Mid-Day Session

Benzinga - Gainers

  • Mangoceuticals, Inc. (NASDAQ: MGRX) shares jumped 207% to $2.84. The company announced Thursday, that it's featured on Webull Corporate Communications Service Platform.
  • Asset Entities Inc. (NASDAQ: ASST) gained 60% to $1.65.
  • EyePoint Pharmaceuticals, Inc. (NASDAQ: EYPT) shares climbed 39.8% to $7.92 after Baird initiated coverage on the stock with an Outperform rating and a $33 price target.
  • ContextLogic Inc. (NASDAQ: WISH) climbed 35.8% to $9.75 after the company announced a $50 million buyback program.
  • Wang & Lee Group, Inc. (NASDAQ: WLGS) gained 31.5% to $4.08 after dropping 38% on Thursday. WANG & LEE GROUP priced its initial public offering of 1,600,000 shares at a price of $5.00 per share.
  • MGO Global, Inc. (NASDAQ: MGOL) gained 24% to $1.18.
  • Presto Automation Inc. (NASDAQ: PRST) rose 21% to $3.2250.
  • Mullen Automotive, Inc. (NASDAQ: MULN) climbed 20.2% to $0.1022 after dropping around 6% on Thursday.
  • The NFT Gaming Company, Inc. (NASDAQ: NFTG) gained 18.8% to $1.26.
  • Onconova Therapeutics, Inc. (NASDAQ: ONTX) surged 18.3% to $0.8399 after HC Wainwright upgraded the stock from Neutral to Buy and announced an $11 price target.
  • Bed Bath & Beyond Inc. (NASDAQ: BBBY) rose 16.7% to $0.35. Bed Bath & Beyond is reportedly preparing for a bankruptcy filing within days.
  • Broadwind, Inc. (NASDAQ: BWEN) gained 15.8% to $5.35. Broadwind said it sees Q1 revenue of $48 million to $49 million.
  • Millennium Group International Holdings Limited (NASDAQ: MGIH) surged 15.1% to $1.89 after declining around 13% on Thursday. Millennium Group International recently announced closing of initial public offering.
  • ALX Oncology Holdings Inc. (NASDAQ: ALXO) gained 14% to $5.70.
  • Community Health Systems, Inc. (NYSE: CYH) jumped 13.5% to $5.79.
  • SciSparc Ltd. (NASDAQ: SPRC) gained 12.3% to $0.6401. SciSparc and Clearmind collaboration strengthened IP portfolio with patent application for the treatment of depression.
  • CBL International Limited (NASDAQ: BANL) rose 11.6% to $14.42.
  • Tenaya Therapeutics, Inc. (NASDAQ: TNYA) surged 11.6% to $5.05.
  • EverCommerce Inc. (NASDAQ: EVCM) gained 10.6% to $12.47 amid reports the company is working with an investment bank to explore a sale.
  • MBIA Inc. (NYSE: MBI) gained 9.8% to $10.98. Compass Point upgraded MBIA from Neutral to Buy and announced a $14 price target.
  • XPO, Inc. (NYSE: XPO) surged 9.6% to $44.73 after several analysts upgraded the stock. The company announced on Thursday the appointment of Dave Bates as chief operating officer.
  • Aziyo Biologics, Inc. (NASDAQ: AZYO) shares gained 6.6% to $1.77 after the company announced LeMaitre will become the exclusive distributor of Aziyo's cardiovascular patches in the United States.
  • SAP SE (NYSE: SAP) gained 5.9% to $134.39 after the company announced its Q1 results. SAP reported first-quarter FY23 revenue growth of 10% year-on-year to €7.44 billion.
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Losers
  • U Power Limited (NASDAQ: UCAR) shares dropped 55% to $19.41 amid post-IPO volatility. U Power priced its 2,416,667 share IPO at $6 per share.
  • Predictive Oncology Inc. (NASDAQ: POAI) fell 29.3% to $0.1932. Predictive Oncology reported a 1-for-20 reverse stock split, effective Apr. 24, 2023.
  • Sidus Space, Inc. (NASDAQ: SIDU) shares fell 28% to $0.27 after the company reported pricing of $10 million public offering.
  • Aditxt, Inc. (NASDAQ: ADTX) fell 24.8% to $0.76. Aditxt shares jumped over 17% on Thursday as it expanded its portfolio to include innovative therapies for infectious diseases. Aditxt also reported a $1.9 million registered direct offering priced at-the-market under Nasdaq rules.
  • Phoenix Motor Inc. (NASDAQ: PEV) dropped 21.5% to $0.7375.
  • Ocuphire Pharma, Inc. (NASDAQ: OCUP) fell 19.5% to $4.96 after the company appointed Rick Rodgers as interim CEO and President.
  • Recruiter.com Group, Inc. (NASDAQ: RCRT) fell 18.5% to $0.2690. Recruiter.com shares gained 23% on Thursday after the company announced the launch of Candidate Pitch, an AI web application.
  • Mobiquity Technologies, Inc. (NASDAQ: MOBQ) dropped 17.7% to $0.1793. Mobility Technologies recently announced its AI-powered ad targeting technology.
  • Ideanomics, Inc. (NASDAQ: IDEX) fell 17.2% to $0.0389.
  • Sonnet BioTherapeutics Holdings, Inc. (NASDAQ: SONN) dropped 16.9% to $0.2536
  • Ascent Solar Technologies, Inc. (NASDAQ: ASTI) fell 16.6% to $0.29. Ascent Solar Technologies recently secured $9 million equity financing with Lucro Investments VCC.
  • Allarity Therapeutics, Inc. (NASDAQ: ALLR) dropped 16% to $0.5059. Allarity Therapeutics recently announced pricing for its $7.5 million public offering.
  • Nuburu, Inc. (NYSE: BURU) fell 15.5% to $1.4708. NUBURU received patents for Blue Laser Welding and Multi-kilowatt Blue Lasers.
  • Gaucho Group Holdings, Inc. (NASDAQ: VINO) declined 15.3% to $0.72.
  • Asure Software, Inc. (NASDAQ: ASUR) fell 15.3% to $14.13.
  • Peakstone Realty Trust (NYSE: PKST) dropped 15% to $31.26.
  • mCloud Technologies Corp. (NASDAQ: MCLD) fell 14.4% to $0.3578.
  • CNS Pharmaceuticals, Inc. (NASDAQ: CNSP) fell 14.1% to $2.25.
  • ATIF Holdings Limited (NASDAQ: ATIF) dropped 13.2% to $1.6412.
  • Stryve Foods, Inc. (NASDAQ: SNAX) dropped 12.6% to $0.41. Stryve Foods secured $4.1 million in funding to support growth.
  • Sunlight Financial Holdings Inc. (NYSE: SUNL) fell 12.5% to $0.40 after jumping 41% on Thursday. Pagaya Technologies is said to weigh Sunlight Financial takeover, Bloomberg reported.
  • W. R. Berkley Corporation (NYSE: WRB) dropped 10.5% to $56.69 after the company reported mixed Q1 results.
  • 374Water, Inc. (NASDAQ: SCWO) fell 10.2% to $3.2850.
  • Dermata Therapeutics, Inc. (NASDAQ: DRMA) fell 10.2% to $2.5698. Dermata Therapeutics, on Thursday, announced it received a response from the FDA regarding its Type C CMC meeting. The FDA's response stated that the company has provided documentation of its CMC procedures and controls sufficient to support the initiation of Phase 3 studies.
  • Everbridge, Inc. (NASDAQ: EVBG) fell 9.6% to $27.45 after Stephens & Co downgraded the stock from Overweight to Equal-Weight and lowered its price target from $41 to $34.
  • PC Connection, Inc. (NASDAQ: CNXN) dropped 8.3% to $39.15.
  • Xometry, Inc. (NASDAQ: XMTR) fell 7.6% to $13.69.
  • Glacier Bancorp, Inc. (NYSE: GBCI) fell 7.3% to $35.55 after the company reported worse-than-expected Q1 EPS and sales results.
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