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Why Target Shares Are Trading Lower By 14%? Here Are 56 Stocks Moving In Wednesday's Mid-Day Session

Published 16/11/2022, 19:02
Updated 16/11/2022, 20:10
© Reuters.  Why Target Shares Are Trading Lower By 14%? Here Are 56 Stocks Moving In Wednesday's Mid-Day Session

Benzinga - Gainers

  • Fast Radius, Inc. (NASDAQ: FSRD) shares jumped 109% to $0.2115 after dipping around 48% on Tuesday. Fast Radius established a timeline for a Chapter 11 sale process.
  • InMed Pharmaceuticals Inc. (NASDAQ: INM) shares climbed 60.5% to $4.4613. InMed Pharmaceuticals advanced neurodegenerative disease program with Natural Sciences and Engineering Research Council of Canada alliance grant funding.
  • Tiga Acquisition Corp. (NASDAQ: TINV) gained 35.1% to $13.75.
  • Exagen Inc. (NASDAQ: XGN) jumped 29% to $3.86. Exagen reported better-than-expected Q3 EPS and sales results and issued FY22 revenue guidance above estimates.
  • Lizhi Inc. (NASDAQ: LIZI) gained 18% to $0.85 after the company swung to a profit for the third quarter.
  • Reviva Pharmaceuticals Holdings, Inc. (NASDAQ: RVPH) surged 16.8% to $4.64. Reviva Pharmaceuticals recently posted a Q3 loss of $0.18 per share.
  • REE Automotive Ltd. (NASDAQ: REE) gained 16.3% to $0.8139 as the company reported a third-quarter FY22 net loss of $(33.5) million versus a net loss of $(414.9) million the previous year.
  • Chemomab Therapeutics Ltd. (NASDAQ: CMMB) rose 15.4% to $2.40. Chemomab Therapeutics recently posted a Q3 loss of $0.04 per share.
  • Sportradar Group AG (NASDAQ: SRAD) shares climbed 15.3% to $11.70 after the company reported better-than-expected Q3 sales and raised FY22 revenue outlook.
  • Tonix Pharmaceuticals Holding Corp. (NASDAQ: TNXP) gained 15.2% to $0.5702. Tonix Pharmaceuticals recently posted a Q3 loss of $0.69 per share.
  • Atento S.A. (NYSE: ATTO) rose 14.9% to $4.39. Atento posted Q3 EPS of $0.10.
  • AirSculpt Technologies, Inc. (NASDAQ: AIRS) surged 14.5% to $3.54.
  • Cartesian Growth Corporation (NASDAQ: GLBL) rose 14.5% to $11.65.
  • Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) gained 13.5% to $0.6139 after the company announced it signed a commercial agreement with SUNWAY-AI for up to $51 million.
  • Consolidated Water Co. Ltd. (NASDAQ: CWCO) gained 13.4% to $15.53. Janney Montgomery Scott upgraded Consolidated Water from Neutral to Buy and announced a $20 price target.
  • Natera, Inc. (NASDAQ: NTRA) gained 12.6% to $38.47. Natera priced follow-on offering of 11.4 million shares at $35 per share.
  • Marker Therapeutics, Inc. (NASDAQ: MRKR) rose 12% to $0.3890. Marker Therapeutics recently posted a Q3 loss of $0.08 per share.
  • WW International, Inc. (NASDAQ: WW) gained 10.2% to $4.4615. Raymond Debbane, Director at WW International, reported a large insider buy on November 15, according to a new SEC filing.
  • Spruce Biosciences, Inc. (NASDAQ: SPRB) gained 9.4% to $1.17 after JMP Securities initiated coverage on the stock with a Market Outperform rating and a $8 price target.
  • Affimed N.V. (NASDAQ: AFMD) jumped 9% to $2.47. Affimed posted a Q3 loss of €0.11 per share.
  • Scopus BioPharma Inc. (NASDAQ: SCPS) rose 8.6% to $0.2661.
  • Xenetic Biosciences, Inc. (NASDAQ: XBIO) gained 7.4% to $0.4521.
  • Alcon Inc. (NYSE: ALC) surged 6.9% to $67.61 after the company reported better-than-expected Q3 EPS and sales results and issued guidance.
  • Lowe's Companies, Inc. (NYSE: LOW) gained 5% to $219.30 after the company reported better-than-expected Q3 results. The company also raised its FY22 EPS guidance.
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Losers

  • Ecoark Holdings, Inc. (NASDAQ: ZEST) dropped 30.7% to $0.7201.
  • Satixfy Communications Ltd. (NYSE: SATX) fell 29.3% to $22.50.
  • BrainsWay Ltd. (NASDAQ: BWAY) fell 28.5% to $2.2880 after the company reported worse-than-expected Q3 EPS and sales results.
  • Brookdale Senior Living Inc. (NYSE: BKD) declined 24.5% to $3.7150 after the company announced an offering of tangible equity units.
  • Singularity Future Technology Ltd. (NASDAQ: SGLY) fell 24.1% to $1.95.
  • Charah Solutions, Inc. (NYSE: CHRA) dropped 23.8% to $0.67. Stifel maintained Charah Solns with a Buy and lowered the price target from $7.5 to $2.
  • Kidpik Corp. (NASDAQ: PIK) fell 23.1% to $0.8383 after the company reported a wider quarterly loss.
  • ToughBuilt Industries, Inc. (NASDAQ: TBLT) dipped 21.7% to $2.52 after the company announced a $7.5 million private placement priced at-the-market under Nasdaq rules.
  • Similarweb Ltd. (NYSE: SMWB) declined 20.2% to $5.30 following Q3 results.
  • Lucira Health, Inc. (NASDAQ: LHDX) fell 19.6% to $0.3497.
  • Tattooed Chef, Inc. (NASDAQ: TTCF) shares fell 19.4% to $2.70 after the company posted a wider Q3 loss and lowered FY22 sales guidance.
  • Provident Bancorp, Inc. (NASDAQ: PVBC) dipped 19.1% to $8.17. Stephens & Co. downgraded Provident Bancorp from Overweight to Equal-Weight and lowered the price target from $18 to $12.
  • Pear Therapeutics, Inc. (NASDAQ: PEAR) dropped 18.8% to $2.02. Citigroup (NYSE:C) maintained Pear Therapeutics with a Buy and lowered the price target from $7 to $5.
  • Advance Auto Parts, Inc. (NYSE: AAP) fell 17.2% to $152.09 after the company reported worse-than-expected earnings results and cut full-year guidance.
  • Tian Ruixiang Holdings Ltd (NASDAQ: TIRX) shares fell 16.2% to $2.43. Tian Ruixiang Holdings, last month, posted a H1 loss of $0.28 per share.
  • indie Semiconductor, Inc. (NASDAQ: INDI) dropped 14.8% to $7.39 after the company announced a proposed convertible senior notes offering.
  • Ferroglobe PLC (NASDAQ: GSM) fell 14.4% to $5.13 after the company reported worse-than-expected Q3 EPS and sales results.
  • Carnival (NYSE:CCL) Corporation (NYSE: CCL) shares fell 14.1% to $9.59 after the company announced an offering of convertible senior notes.
  • Target Corporation (NYSE: NYSE:TGT) dipped 14% to $154.00 after the company lowered its Q4 expectations, citing an 'increasingly challenging environment.'
  • Lufax Holding Ltd (NYSE: LU) fell 13.8% to $2.0150.
  • AerSale Corporation (NASDAQ: ASLE) dropped 12.9% to $15.47 after the company priced a secondary offering of 4 million shares of common stock at $15.50 per share.
  • Aeva Technologies, Inc. (NYSE: AEVA) dropped 12.8% to $1.9850.
  • Siyata Mobile Inc. (NASDAQ: SYTA) shares fell 11.9% to $0.1651 after gaining around 14% on Tuesday.
  • Payoneer Global Inc. (NASDAQ: PAYO) declined 11.9% to $5.85.
  • Freight Technologies, Inc. (NASDAQ: FRGT) fell 11.8% to $0.3081 after dipping over 20% on Tuesday.
  • XPeng Inc. (NYSE: XPEV) dropped 11.4% to $7.99.
  • On Holding AG (NYSE: ONON) dipped 11.4% to $17.86 following Q3 results.
  • Big Lots (NYSE:BIG), Inc. (NYSE: BIG) fell 11.3% to $17.89.
  • Coinbase (NASDAQ:COIN) Global, Inc. (NASDAQ: COIN) dropped 10.8% to $49.49 amid a decrease in the price of major cryptocurrencies, which have continued to fall after the recent FTX bankruptcy. DA Davidson maintained a Buy rating on the stock but lowered its price target from $100 to $70.
  • Nordstrom, Inc. (NYSE: JWN) dipped 10.3% to $19.44. Shares of retail and apparel companies traded lower in sympathy with Target, which fell after cutting guidance and reporting a 14.4% year-over-year increase in inventory at the end of October. Target said shopping behavior was impacted by inflation, interest rates and economic uncertainty.
  • AMMO, Inc. (NASDAQ: POWW) shares fell 9.2% to $2.1150 after the company reported worse-than-expected Q2 sales and issued FY23 guidance below estimates.
  • Quhuo Limited (NASDAQ: QH) fell 7% to $1.60. Quhuo shares jumped around 19% on Tuesday after the company reported better-than-expected H1 EPS and sales results.
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