Get 40% Off
🤯 This Tech Portfolio is up 29% YTD! Join Now to Get April’s Top PicksGet The Picks – Just 99 USD

Why Snap Shares Jumped 7%; Here Are 75 Biggest Movers From Yesterday

Published 02/09/2022, 10:29
Updated 02/09/2022, 11:10
© Reuters.  Why Snap Shares Jumped 7%; Here Are 75 Biggest Movers From Yesterday

© Reuters. Why Snap Shares Jumped 7%; Here Are 75 Biggest Movers From Yesterday

Gainers

  • Hempacco Co., Inc. (NASDAQ: HPCO) shares jumped 63.4% to close at $8.35 after dropping 34% on Wednesday. Hempacco's common shares began trading on the Nasdaq Tuesday. The company had planned to offer 1 million shares of common stock at a public offering price of $6 per share for total gross proceeds of $6 million.
  • GigaCloud Technology Inc. (NASDAQ: GCT) climbed 61.4% to close at $23.65.
  • Virax Biolabs Group Limited (NASDAQ: VRAX) surged 58.7% to settle at $5.57.
  • Forma Therapeutics Holdings, Inc. (NASDAQ: FMTX) jumped 51% to close at $20.24 after Novo Nordisk (CSE:NOVOb) announced it will acquire the company for $20 per share in cash.
  • ShiftPixy, Inc. (NASDAQ: PIXY) surged 46.9% to close at $20.58 on Thursday. ShiftPixy announced a 1-for-100 reverse stock split.
  • Shuttle Pharmaceuticals, Inc. (NASDAQ: SHPH) shares surged 36.2% to close at $52.40 amid post-IPO volatility. The company priced its IPO at $8.125 per unit.
  • Kuke Music Holding Limited (NYSE: KUKE) jumped 32.9% to close at $1.13.
  • Nutanix, Inc. (NASDAQ: NTNX) gained 29.1% to close at $22.34 after the company reported better-than-expected sales results for its fourth quarter and issued strong revenue forecast.
  • InMed Pharmaceuticals Inc. (NASDAQ: INM) climbed 28.6% to close at $0.3060. InMed Pharmaceuticals recently announced a 1:25 share consolidation to meet Nasdaq listing criteria.
  • Eyenovia, Inc. (NASDAQ: EYEN) gained 25.2% to settle at $2.04.
  • Twin Disc, Incorporated (NASDAQ: TWIN) jumped 24.6% to close at $11.59 after the company posted a profit for the fourth quarter.
  • Immuneering Corporation (NASDAQ: IMRX) rose 24.6% to settle at $6.95.
  • Immuneering, last month, posted a Q2 loss of $0.44 per share.
  • Comera Life Sciences Holdings, Inc. (NASDAQ: CMRA) gained 23.2% to close at $2.18 after the company announced it has entered into a purchase agreement with Arena Business Solutions for up to $15 million of the company's common stock.
  • Meihua International Medical Technologies Co., Ltd. (NASDAQ: MHUA) jumped 22.4% to close at $4.75.
  • Alaunos Therapeutics, Inc. (NASDAQ: TCRT) rose 22.4% to close at $3.01.
  • Purple Innovation, Inc. (NASDAQ: PRPL) jumped 20.3% to settle at $3.44 after the company announced the acquisition of Intellibed.
  • Agios Pharmaceuticals, Inc. (NASDAQ: AGIO) gained 20% to close at $30.59. Agios Pharmaceuticals, last month, reported better-than-expected Q2 EPS and sales results.
  • Werewolf Therapeutics, Inc. (NASDAQ: HOWL) jumped 19.6% to settle at $6.05. Werewolf Therapeutics initiated patient dosing in a Phase 1/1b clinical trial evaluating WTX-124, its lead INDUKINET molecule targeting IL-2 for the treatment of solid tumors.
  • RiceBran Technologies (NASDAQ: RIBT) gained 18.6% to close at $2.74. The company, last month, posted upbeat quarterly sales.
  • PaxMedica, Inc. (NASDAQ: PXMD) climbed 18.2% to close at $3.50. PaxMedica Executive Chairman, Director Michael Derby reported in Form4 filing purchase of 95,000 shares at $5.25 per share.
  • Belite Bio, Inc (NASDAQ: BLTE) jumped 14.3% to close at $36.70. Belite Bio recently announced it has commenced enrollment for the US Phase 3 clinical trial of LBS-008 in patients with Stargardt Disease.
  • Turquoise Hill Resources Ltd. (NYSE: TRQ) rose 13.9% to close at $31.30. Rio Tinto (LON:RIO) Group announced plans to acquire full ownership of Turquoise Hill Resources for C$43 per share in cash.
  • Bright Green Corporation (NASDAQ: BGXX) shares rose 12.3% to close at $1.55 after gaining around 33% on Wednesday.
  • Bausch Health Companies Inc. (NYSE: BHC) gained 10.4% to close at $6.59. RBC Capital maintained Bausch Health Companies with a Sector Perform and raised the price target from $4.5 to $8.
  • Relay Therapeutics, Inc. (NASDAQ: RLAY) climbed 8.4% to settle at $24.90. Stifel initiated coverage on Relay Therapeutics with a Buy rating and announced a price target of $40 today.
  • DXC Technology Company (NYSE: DXC) gained 7.8% to settle at $26.70.
  • Snap Inc . (NYSE: NYSE:SNAP) jumped 7% to close at $11.64 after multiple analysts raised their price targets on the stock. The company on Wednesday announced restructuring plans and a workforce reduction.
  • Five Below, Inc. (NASDAQ: FIVE) rose 6.3% to close at $135.92 after the company reported Q2 earnings results.
Losers
  • Addentax Group Corp. (NASDAQ: ATXG) shares dropped 95.4% to close at $30.00 following the company's uplisting and IPO.
  • American Virtual Cloud Technologies, Inc. (NASDAQ: AVCT (LON:AVCT)) dipped 52.2% to settle at $0.2200 after the company announced an equity distribution agreement to offer and sell up to $14.7 million shares of common stock.
  • NewAge, Inc. (NYSE: NBEV) dropped 46.9% to settle at $0.1222 on continued weakness after the company recently announced it filed a voluntary petition for relief under chapter 11 of the United States Bankruptcy Code.
  • Okta, Inc. (NASDAQ: OKTA) declined 33.7% to close at $60.60 after the company reported Q2 earnings results and issued Q3 and FY23 financial guidance. Several analysts also lowered their price targets on the stock.
  • Getty Images Holdings, Inc. (NYSE: GETY) fell 28.8% to close at $14.42.
  • Semtech Corporation (NASDAQ: SMTC) shares fell 27.2% to close at $33.65 after the company issued Q3 sales guidance below analyst estimates. Cowen & Co. and Oppenheimer also downgraded the stock.
  • Nogin, Inc. (NASDAQ: NOGN) dropped 25.7% to close at $2.5050.
  • MongoDB, Inc. (NASDAQ: MDB) shares fell 25.3% to close at $241.11 after the company issued earnings guidance below analyst estimates.
  • Greenpro Capital Corp. (NASDAQ: GRNQ) fell 24.8% to close at $1.91 after surging 63% on Wednesday.
  • Hour Loop, Inc. (NASDAQ: HOUR) dipped 24.7% to close at $3.20.
  • Rain Therapeutics Inc. (NASDAQ: RAIN) declined 19.9% to close at $4.75.
  • C3.ai, Inc. (NYSE: AI) fell 19.3% to close at $14.52 after the company reported worse-than-expected Q1 sales results and issued Q3 and FY23 sales guidance below analyst estimates.
  • Blackboxstocks Inc. (NASDAQ: BLBX) dropped 19.3% to settle at $0.96.
  • Codiak BioSciences, Inc. (NASDAQ: CDAK) declined 19.1% to settle at $1.74 after Goldman Sachs (NYSE:GS) downgraded the stock from Buy to Neutral and lowered its price target from $6 to $2.
  • Akerna Corp. (NASDAQ: KERN) dipped 19% to settle at $0.1248.
  • Genesco Inc. (NYSE: GCO) fell 18.4% to close at $46.16 as the company lowered FY23 forecast.
  • NeuroOne Medical Technologies Corporation (NASDAQ: NMTC) declined 18% to close at $2.09.
  • Bright Minds Biosciences Inc. (NASDAQ: DRUG) dropped 17.2% to settle at $1.59.
  • Nuwellis, Inc. (NASDAQ: NUWE) fell 16.4% to close at $1.22. Nuwellis shares jumped 121% on Wednesday after the company announced new clinical data demonstrating 100% survival at 30 days following the use of ultrafiltration in high-risk postoperative coronary artery bypass grafting patients.
  • Magic Empire Global Limited (NASDAQ: MEGL) dipped 16% to close at $6.53 after surging 33% on Wednesday.
  • Liquidia Corporation (NASDAQ: LQDA) fell 15.8% to close at $4.86 after Wedbush downgraded the stock from Neutral to Underperform and lowered its price target from $4 to $3.
  • GitLab Inc. (NASDAQ: GTLB) dipped 15.6% to close at $50.53.
  • Lands' End, Inc. (NASDAQ: LE) declined 15.3% to settle at $11.70 after the company issued Q3 EPS and sales and FY22 EPS guidance below estimates.
  • HashiCorp, Inc. (NASDAQ: HCP) fell 14.4% to close at $30.26.
  • Palatin Technologies, Inc. (NYSE: PTN) declined 14.3% to close at $4.30.
  • Veeva Systems Inc. (NYSE: VEEV) fell 14% to settle at $171.42 after the company issued Q3 and FY23 sales guidance below analyst estimates.
  • Mobilicom Limited (NASDAQ: MOB) declined 13.8% to close at $2.69 after gaining around 28% on Wednesday.
  • ZeroFox Holdings, Inc. (NASDAQ: ZFOX) shares fell 13.8% to close at $5.55 after surging around 19% on Wednesday.
  • Samsara Inc. (NYSE: IOT) fell 13% to close at $12.94 following Q3 results.
  • Signet Jewelers Limited (NYSE: SIG (LON:SHI)) fell 12% to close at $57.50 following Q2 results.
  • Polestar Automotive (NASDAQ:PSNY) Holding UK PLC (NASDAQ: PSNY) fell 11.9% to close at $6.89. Polestar reported H1 sales of $1.04 billion.
  • Ciena Corporation (NYSE: CIEN) dipped 10.4% to settle at $45.48 after the company reported worse-than-expected Q3 sales results.
  • Enovix Corporation (NASDAQ: ENVX) declined 10% to close at $19.92.
  • Vicor Corporation (NASDAQ: VICR) fell 10% to settle at $64.05.
  • Fluence Energy, Inc. (NASDAQ: FLNC) fell 9.6% to close at $18.03.
  • KnowBe4, Inc. (NASDAQ: KNBE) declined 9.6% to close at $17.37.
  • DigitalOcean Holdings, Inc. (NASDAQ: DOCN) fell 8.9% to close at $38.33.
  • Zscaler, Inc. (NASDAQ: ZS) fell 8.6% to close at $145.57.
  • Stem, Inc. (NYSE: STEM) declined 8.4% to close at $14.40.
  • NVIDIA Corporation (NASDAQ: NASDAQ:NVDA) fell 7.7% to close at $139.37 following a late Wednesday filing by the company that revealed that the U.S. government has communicated to it the need to secure a license for exporting its powerful AI processors such as the A100 and the yet-to-be-released H100 chips to China. This would prevent the export of these chips to China, one of its key markets.
  • Smartsheet Inc. (NYSE: SMAR) fell 7.4% to close at $30.82.
  • ThermoGenesis Holdings, Inc. (NASDAQ: THMO) fell 7% to close at $0.2284 after gaining 11% on Wednesday. ThermoGenesis, last month, posted a Q2 loss of $0.20 per share.
  • Hormel Foods Corporation (NYSE: NYSE:HRL) fell 6.6% to close at $46.98 after the company posted downbeat Q3 earnings and lowered FY22 earnings forecast.
  • Monolithic Power Systems, Inc. (NASDAQ: MPWR) dipped 6.1% to close at $425.47.
  • SentinelOne, Inc.(NYSE: S) fell 5.9% to close at $25.70 after reporting Q2 results.
  • HIVE Blockchain Technologies Ltd. (NASDAQ: HIVE) fell 4.7% to close at $4.85 after gaining 4% on Wednesday.
  • Advanced Micro Devices, Inc (NASDAQ: NASDAQ:AMD) fell 3% to close at $82.33 following news that the chipmakers were slapped with certain chip export restrictions to China.
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read at Benzinga

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.