Benzinga - by Avi Kapoor, Benzinga Staff Writer.
Shares of Skillsoft Corp. (NASDAQ: SKIL) fell sharply during Tuesday’s session after the company reported mixed fourth-quarter financial results and issued FY25 revenue guidance below estimates.
Skillsoft posted adjusted loss of $3.09 per share, versus market estimates of $3.27 per share. The company’s quarterly sales came in at $137.540 million versus expectations of $141.897 million.
Skillsoft shares dipped 26.7% to $6.74 on Tuesday.
Here are some other stocks moving in today's mid-day session.
Gainers
- WiSA Technologies, Inc. (NASDAQ: WISA) jumped 85% to $3.2379 after the company announced a 5-year WiSA E licensing agreement with an HDTV/PTV brand.
- Palisade Bio, Inc. (NASDAQ: PALI) shares climbed 79.1% to $7.45 after the company announced the completion of analysis evaluating ex-vivo bioactivation of PALI-2108.
- Jaguar Health, Inc. (NASDAQ: JAGX) shares gained 67% to $0.1989 after the company signed an exclusive 5-year in-license agreement with Venture Life Group for Gelclair.
- Dynatronics Corporation (NASDAQ: DYNT) shares rose 44.4% to $0.5342 after dipping over 5% on Monday.
- IMAC Holdings, Inc. (NASDAQ: BACK) surged 40% to $4.69.
- Peraso Inc. (NASDAQ: PRSO) gained 38.8% to $1.75. Peraso recently announced that it received an additional $2.88 million purchase order.
- Macatawa Bank Corporation (NASDAQ: MCBC) rose 38.8% to $13.78 after Wintrust Financial Corporation (NASDAQ: WFTC) and Macatawa Bank announced that they have entered into a definitive merger agreement for Wintrust to acquire Macatawa in an all-stock transaction.
- China SXT Pharmaceuticals, Inc. (NASDAQ: SXTC) jumped 29.9% to $1.52.
- Dragonfly Energy Holdings Corp. (NASDAQ: DFLI) gained 26.7% to $0.57 after the company posted a profit for the fourth quarter.
- Intra-Cellular Therapies, Inc. (NASDAQ: ITCI) gained 24.1% to $80.39 after the company announced Lumateperone 42 mg once daily as adjunctive therapy to antidepressants met its primary endpoint.
- Cullinan Oncology, Inc. (NASDAQ: CGEM) jumped 20.4% to $19.93. The company announced its plan to expand into autoimmune diseases.
- Taoping Inc. (NASDAQ: TAOP) shares gained 14.1% to $0.97 after dipping 20% on Monday.
- BioSig Technologies, Inc. (NASDAQ: BSGM) climbed 13.1% to $1.2439.
- NextNav Inc. (NASDAQ: NN) gained 13.1% to $7.98.
- UnitedHealth Group Incorporated (NYSE: UNH) jumped 6.2% to $473.20 following better-than-expected first-quarter earnings.
- Contineum Therapeutics, Inc. (NASDAQ: CTNM) gained 6.1% to $15.50.
- Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC) rose 4.7% to $5.01 after the company reported better-than-expected first-quarter EPS results.
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Losers- Barnes & Noble Education, Inc. (NYSE: BNED) shares dipped 58.2% to $0.2947 after the company announced a short-term shareholder rights plan and a new equity investment.
- Calidi Biotherapeutics, Inc. (NASDAQ: CLDI) fell 54.8% to $0.2711 after the company announced the pricing of a $6.1 million public offering.
- Nexalin Technology, Inc. (NASDAQ: NXL) fell 46% to $1.07.
- Pacific Biosciences of California, Inc. (NASDAQ: PACB) fell 40.2% to $1.6999 after the company issued weak guidance.
- Ryvyl Inc. (NASDAQ: RVYL) fell 29.3% to $1.44 after the company announced the launch of a proposed underwritten public offering.
- Beneficient (NASDAQ: BENF) dipped 25% to $0.0676. Beneficient announced a reverse stock split to regain compliance with Nasdaq's minimum bid price.
- PainReform Ltd. (NASDAQ: PRFX) fell 23.3% to $0.7515 after the company priced its $4 million public offering.
- Siyata Mobile Inc. (NASDAQ: SYTA) dipped 23.3% to $2.46. Siyata Mobile filed for offering of maximum of $4 million of common shares.
- Kaival Brands Innovations Group, Inc. (NASDAQ: KAVL) fell 22.2% to $4.90.
- ParaZero Technologies Ltd. (NASDAQ: PRZO) fell 18% to $0.91 after the company announced its intention to enter the counter unmanned aircraft system market.
- Complete Solaria, Inc. (NASDAQ: CSLR) dipped 16.5% to $0.2167.
- SolarMax Technology, Inc. (NASDAQ: SMXT) fell 13.4% to $12.91.
- Addex Therapeutics Ltd (NASDAQ: ADXN) declined 10.8% to $22.07 after falling around 3% on Monday.
- Inovio Pharmaceuticals, Inc. (NASDAQ: INO) shares declined 10.3% to $9.87. INOVIO priced its $36 million underwritten offering of 2,536,258 common stock at $7.693 per share.
- First Majestic Silver Corp. (NYSE: AG) fell 10.2% to $6.72.
- SciSparc Ltd. (NASDAQ: SPRC) fell 10.1% to $1.33 after declining around 6% on Monday. The company recently announced the acquisition of AutoMax.
- Qilian International Holding Group Limited (NASDAQ: QLI) fell 9.1% to $0.6303 after declining around 8% on Monday.
- ProFrac Holding Corp. (NASDAQ: ACDC) fell 8.6% to $7.76.
- Adlai Nortye Ltd. (NYSE: ANL) declined 7.4% to $9.80.
- Cartesian Therapeutics, Inc. (NASDAQ: RNAC) fell 6.9% to $17.69.
- MINISO Group Holding Limited (NASDAQ: MNSO) fell 6.8% to $19.33.
- ArcelorMittal SA (NYSE: MT) shares fell 6.6% to $25.16 after Deutsche Bank downgraded the stock from Buy to Hold.
- Live Nation Entertainment, Inc. (NYSE: LYV) fell 5.8% to $94.00 following a report indicating the Justice Department will file an antitrust lawsuit against the company.
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