Benzinga - by Avi Kapoor, Benzinga Staff Writer.
Shares of Stryve Foods, Inc. (NASDAQ: SNAX) fell sharply during Tuesday’s session following a fourth-quarter revenue miss.
Stryve Foods posted adjusted loss of $1.90 per share, versus market estimates for a loss of $1.96 per share. The company’s sales came in at $2.887 million versus expectations of $5.009 million, according to data from Benzinga Pro.
Stryve Foods shares dipped 25.2% to $1.0965 on Tuesday.
Here are some other stocks moving in today's mid-day session.
Gainers
- VivoPower International PLC (NASDAQ: VVPR) shares surged 315% to $6.10 after the company's Tembo subsidiary announced it will merge with the Nasdaq-listed Cactus Acquisition Corp. 1 Limited.
- Trio Petroleum Corp. (NYSE: TPET) gained 73.8% to $0.1797 after jumping over 21% on Monday.
- XTI Aerospace, Inc. (NASDAQ: XTIA) rose 63.9% to $3.3750 after jumping 19% on Monday.
- Kidpik Corp. (NASDAQ: PIK) shares climbed 35.2% to $5.90 after the company entered a merger agreement with Nina Footwear.
- VirTra, Inc. (NASDAQ: VTSI) rose 32.8% to $12.67 after the company reported better-than-expected fourth-quarter results.
- MSP Recovery, Inc. (NASDAQ: LIFW) gained 26.9% to $0.8449 after a 13G filing showed Palantir Technologies reported a 6.5% stake in the company as of March 22, 2024.
- Aditxt, Inc. (NASDAQ: ADTX) gained 20% to $3.8204 after the company announced it will acquire Appili Therapeutics.
- TMC the metals company Inc. (NASDAQ: TMC) climbed 18.1% to $1.70.
- C3is Inc. (NASDAQ: CISS) rose 18% to $0.0426.
- Nexalin Technology, Inc. (NASDAQ: NXL) gained 18% to $2.2400. Nexalin Technology announced the appointment of Government Affairs Veteran William A. Hudson, Jr. to Military & Government Advisory Board.
- Concord Medical Services Holdings Limited (NYSE: CCM) rose 17.7% to $0.6119.
- Jiuzi Holdings, Inc. (NASDAQ: JZXN) gained 10.7% to $4.43.
- Yatsen Holding Limited (NYSE: YSG) rose 10% to $2.52.
- ChampionX Corporation (NASDAQ: CHX) gained 9.5% to $38.78 after SLB announced it will acquire the company.
- Canopy Growth Corporation (NASDAQ: CGC) rose 8.2% to $8.15.
- SIGA Technologies, Inc. (NASDAQ: SIGA) gained 7.4% to $9.45. SIGA Technologies entered amendment to its international promotion agreement with Meridian Medical.
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Losers- Acorda Therapeutics, Inc. (NASDAQ: ACOR) shares dipped 83.5% to $2.1999 after the company commenced voluntary proceedings under Chapter 11 of the United States Bankruptcy Code.
- Gritstone bio, Inc. (NASDAQ: GRTS) dipped 47% to $1.2450 after the company announced a $32.5 million underwritten public offering of 8,333,333 shares of common stock and accompanying common warrants at $1.50 per share and accompanying common warrant.
- Orgenesis Inc. (NASDAQ: ORGS) fell 39.8% to $0.3499.
- Verve Therapeutics, Inc. (NASDAQ: VERV) dipped 37.7% to $7.96 amid the company pausing enrollment in its Heart-1 Phase 1b clinical trial after a participant experienced a Grade 3 drug-induced transient increase in serum alanine aminotransferase as well as a serious adverse event.
- Microvast Holdings, Inc. (NASDAQ: MVST) fell 32.1% to $0.6078 after announcing fourth-quarter financial results.
- Binah Capital Group, Inc. (NASDAQ: BCG) dipped 31.2% to $7.11.
- Canoo Inc. (NASDAQ: GOEV) fell 28.7% to $2.7593 after the company issued weak 2024 revenue guidance.
- CXApp Inc. (NASDAQ: CXAI) declined 26.8% to $4.50, pulling back after the stock rallied on Monday following a Google Cloud partnership.
- Pioneer Power Solutions, Inc. (NASDAQ: PPSI) fell 25.8% to $4.40 after reporting unaudited preliminary financial results for the fourth quarter and 12 months ended Dec. 31, 2023.
- Petros Pharmaceuticals, Inc. (NASDAQ: PTPI) fell 23.8% to $1.0650 following weak quarterly results.
- Yield10 Bioscience, Inc. (NASDAQ: YTEN) dipped 23.5% to $0.2933 following quarterly results.
- PVH Corp. (NYSE: PVH) fell 23.3% to $107.19 after the company reported fourth-quarter financial results and issued guidance.
- Aclarion, Inc. (NASDAQ: ACON) shares tumbled 21.8% to $0.3205 after jumping 24% on Monday. Aclarion received a Notice of Allowance for its U.S. patent application 18/190,723 titled "Magnetic Resonance Spectroscopy Pulse Sequence, Acquisition, And Processing System And Method (For Diagnosing Pain)."
- GCT Semiconductor Holding, Inc. (NASDAQ: GCTS) shares fell 19.6% to $14.53 after declining over 45% on Monday. GCT Semiconductor appointed Nelson C. Chan to Board of Directors.
- Allego N.V. (NYSE: ALLG) fell 18.4% to $1.25. Allego postponed fourth quarter And full year 2023 financial results conference call.
- AST SpaceMobile, Inc. (NASDAQ: ASTS) declined 17.4% to $2.1724 after the company reported worse-than-expected fourth quarter EPS results.
- Tritium DCFC Limited (NASDAQ: DCFC) declined 15.5% to $8.50.
- Cipher Mining Inc. (NASDAQ: CIFR) fell 15% to $4.15 amid a drop in Bitcoin.
- Humana Inc. (NYSE: HUM) shares fell 13.8% to $302.65 after the Centers for Medicare & Medicaid Services (CMS) finalized payment updates. The CMS announced Monday that it finalized the calendar year 2025 Rate Announcement for the Medicare Advantage (MA) and Medicare Part D Prescription Drug (Part D) programs that updates payment policies for these programs and ensures payment accuracy.
- AERWINS Technologies Inc. (NASDAQ: AWIN) declined 12.1% to $5.80.
- Avalo Therapeutics, Inc. (NASDAQ: AVTX) fell 11% to $15.93. Avalo Therapeutics shares fell around 18% on Monday after the company reported worse-than-expected FY23 EPS results.
- Fractyl Health, Inc. (NASDAQ: GUTS) shares dipped 10.7% to $6.64 amid volatility after the company reported fourth-quarter financial results.
- HWH International Inc. (NASDAQ: HWH) shares fell 10.5% to $0.8450 after falling 5% on Monday.
- agilon health, inc. (NYSE: AGL) fell 9.6% to $5.28.
- QuidelOrtho Corporation (NASDAQ: QDEL) fell 8.5% to $43.01. QuidelOrtho receives FDA clearance for QuickVue COVID-19 test.
- CVS Health Corporation (NYSE: CVS) shares declined 8.2% to $73.00 after the Centers for Medicare & Medicaid Services (CMS) finalized payment updates.
- CleanSpark, Inc. (NASDAQ: CLSK) fell 7.9% to $17.11 amid a drop in Bitcoin.
- RH (NYSE: RH) fell 7.3% to $310.31. Goldman Sachs analyst Kate McShane maintained RH with a Sell and raised the price target from $201 to $264.
- MicroStrategy Incorporated (NASDAQ: MSTR) shares declined 7.2% to $1,518.97 amid a decline in Bitcoin.
- UnitedHealth Group Incorporated (NYSE: UNH) fell 7.2% to $454.44 on the heels of finalized payment updates from the Centers for Medicare & Medicaid Services (CMS).
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