Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious Outperformance
Find Stocks Now

Why Toast Shares Are Trading Lower By Around 17%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session

Published 08/11/2023, 18:41
Updated 08/11/2023, 20:10
© Reuters.  Why Toast Shares Are Trading Lower By Around 17%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session

Benzinga - by Lisa Levin, Benzinga Editor.

Gainers

  • Heart Test Laboratories, Inc. (NASDAQ: HSCS) shares climbed 96% to $0.2921 after falling over 7% on Tuesday.
  • GAN Limited (NASDAQ: GAN) shares surged 83.9% to $1.64 as the company agreed to be acquired by Sega Sammy Creation for $1.97 per share in cash.
  • MSP Recovery, Inc. (NASDAQ: LIFW) shares climbed 54% to $9.55.
  • Novo Integrated Sciences, Inc. (NASDAQ: NVOS) gained 37.3% to $2.0592. Novo Integrated Sciences recently announced a 1-for-10 reverse stock split of its common stock.
  • Pineapple Energy Inc. (NASDAQ: PEGY) jumped 29% to $0.96. Pineapple Energy is expected to report third-quarter results on Nov. 10.
  • Blade Air Mobility, Inc. (NASDAQ: BLDE) surged 27.3% to $2.89 as the company reported third-quarter FY23 revenue growth of 56.3% year-over-year to $71.44 million, beating the consensus of $66.94 million.
  • ContextLogic Inc. (NASDAQ: WISH) rose 26% to $5.31 following strong quarterly sales.
  • The RealReal, Inc. (NASDAQ: REAL) climbed 25.5% to $2.02 following strong third-quarter results.
  • American Public Education, Inc. (NASDAQ: APEI) rose 22.3% to $5.26 following upbeat third-quarter results.
  • Roblox Corporation (NYSE: RBLX) climbed 19% to $41.72 after the company reported third-quarter financial results.
  • Agiliti, Inc. (NYSE: AGTI) gained 18.6% to $7.25 following strong sales.
  • AvidXchange Holdings, Inc. (NASDAQ: AVDX) climbed 16.9% to $9.39 following upbeat results.
  • GoPro, Inc. (NASDAQ: GPRO) rose 16.4% to $3.12 after the company reported third-quarter financial results.
  • Wearable Devices Ltd. (NASDAQ: WLDS) gained 16.1% to $1.08.
  • Nuvei Corporation (NASDAQ: NVEI) climbed 15.4% to $18.16 following strong sales.
  • Society Pass Incorporated (NASDAQ: SOPA) rose 15.3% to $0.3399. NusaTrip, the online travel arm of Society Pass, disclosed a strategic partnership with China-based Guangzhou Junwei International Travel Service Co. Ltd. to enhance travel options and experience for customers in both SEA and the People’s Republic of China.
  • National CineMedia, Inc. (NASDAQ: NCMI) rose 15.2% to $4.48 following third-quarter results.
  • Turtle Beach Corporation (NASDAQ: HEAR) climbed 15.1% to $10.02 following upbeat quarterly results.
  • James Hardie Industries plc (NYSE: JHX) climbed 15.1% to $30.53 after the company reported a year-over-year increase in second-quarter financial results.
  • Clear Secure, Inc. (NYSE: YOU) surged 14.4% to $20.28 following upbeat results.
  • Enovix Corporation (NASDAQ: ENVX) gained 14.3% to $11.70 after the company reported better-than-expected third-quarter financial results.
  • Target Hospitality Corp. (NASDAQ: TH) climbed 14% to $14.32 following third-quarter results.
  • Kyndryl Holdings, Inc. (NYSE: KD) surged 14% to $17.69 following strong results.
  • Oscar Health, Inc. (NYSE: OSCR) rose 13.4% to $7.51.
  • Porch Group, Inc. (NASDAQ: PRCH) shares gained 13.2% to $0.7989 after the company reported better-than-expected third-quarter sales results.
  • Marqeta, Inc. (NASDAQ: MQ) climbed 12.8% to $6.03 following strong sales.
  • Evolus, Inc. (NASDAQ: EOLS) shares rose 12.8% to $9.11 after the company reported better-than-expected third-quarter sales.
  • Lumos Pharma, Inc. (NASDAQ: LUMO) shares rose 9.9% to $4.00 after the company reported a narrower-than-expected third-quarter loss.
  • Upwork Inc. (NASDAQ: UPWK) shares gained 4.7% to $12.59 after the company reported better-than-expected third-quarter financial results and announced a $100 million share buyback program.
3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .
Losers
  • DURECT Corporation (NASDAQ: DRRX) shares fell 75.5% to $0.6326. Durect's topline results from Phase 2B AHFIRM trial of larsucosterol in alcohol-associated hepatitis did not achieve statistical significance for either dose on the primary endpoint of mortality or transplant at 90 days.
  • FTC Solar, Inc. (NASDAQ: FTCI) fell 62.8% to $0.4429 after the company reported third-quarter earnings. The company disclosed the departure of CEO Sean Hunkler and CFO Phelps Morris from their roles in December 2023.
  • Mobiv Acquisition Corp (NASDAQ: MOBV) shares fell 49.3% to $4.50. Mobiv Acquisition announced extension of deadline to complete business combination to Dec. 8, 2023.
  • Establishment Labs Holdings Inc. (NASDAQ: ESTA) dipped 44% to $18.16 after the company reported worse-than-expected third-quarter financial results.
  • Expensify, Inc. (NASDAQ: EXFY) fell 39.4% to $1.7550 following weak quarterly results.
  • Urban One, Inc. (NASDAQ: UONE) declined 37% to $3.5999.
  • RiskOn International, Inc. (NASDAQ: ROI) dipped 30% to $0.3884.
  • Arteris, Inc. (NASDAQ: AIP) fell 28.8% to $4.7436 as the company issued weak sales forecast.
  • Jaguar Global Growth Corporation I (NASDAQ: JGGC) fell 28.4% to $6.80.
  • Sleep Number Corporation (NASDAQ: SNBR) shares fell 28.2% to $11.51 after the company reported third-quarter financial results.
  • Flywire Corporation (NASDAQ: FLYW) dipped 28% to $19.93 after the company reported Q3 financial results.
  • Collective Audience, Inc. (NASDAQ: CAUD) fell 27.4% to $2.76.
  • LQR House Inc. (NASDAQ: LQR) shares fell 25.5% to $0.0841 after the company announced the acquisition of www.cwspirits.com, an alcohol e-commerce platform, granting access to a dedicated customer base of over 125,000.
  • Upstart Holdings, Inc. (NASDAQ: UPST) shares fell 25% to $22.04 after the company reported worse-than-expected third-quarter financial results.
  • Panbela Therapeutics, Inc. (NASDAQ: PBLA) fell 24.7% to $0.7150.
  • Custom Truck One Source, Inc. (NYSE: CTOS) declined 23.5% to $4.67 following third-quarter earnings.
  • Warby Parker Inc. (NYSE: WRBY) fell 22.5% to $11.07 following third-quarter earnings.
  • Carbon Revolution Public Limited Company (NASDAQ: CREV) fell 22.4% to $70.30.
  • Magic Software Enterprises Ltd. (NASDAQ: MGIC) fell 22.2% to $8.19 after the company lowered its FY23 sales guidance.
  • Maravai LifeSciences Holdings, Inc. (NASDAQ: MRVI) dropped 22.2% to $5.35 after the company reported worse-than-expected third-quarter results and issued weak guidance.
  • B. Riley Financial, Inc. (NASDAQ: RILY) fell 20.7% to $27.57 following third-quarter results.
  • Vroom, Inc. (NASDAQ: VRM) fell 20.4% to $0.86 following weak sales.
  • Array Technologies, Inc. (NASDAQ: ARRY) declined 20.3% to $14.51 following weak quarterly sales.
  • Nerdy, Inc. (NYSE: NRDY) shares fell 19.4% to $2.50 after the company issued weak revenue forecast.
  • Nextdoor Holdings, Inc. (NYSE: KIND) dipped 17.8% to $1.4950 following third-quarter results.
  • Tharimmune, Inc. (NASDAQ: THAR) fell 17.7% to $0.2140. Tharimmune shares jumped 65% on Tuesday after the company announced the execution of an exclusive worldwide licensing agreement with Avior to develop, market and commercialize a clinical-stage asset, AV104.
  • Toast, Inc. (NYSE: TOST) shares fell 16.9% to $14.33 after the company reported third-quarter financial results.
  • Inspire Medical Systems, Inc. (NYSE: INSP) declined 16.6% to $134.85 after the company reported third-quarter financial results.
  • Warner Bros. Discovery, Inc. (NASDAQ: WBD) declined 16.4% to $9.70 following downbeat quarterly results.
  • Robinhood Markets, Inc. (NASDAQ: HOOD) fell 15% to $8.30 following third-quarter results.
  • PlayAGS, Inc. (NYSE: AGS) fell 14.5% to $7.07 following third-quarter results.
  • Mercury Systems, Inc. (NASDAQ: MRCY) declined 12.1% to $32.35 after the company reported worse-than-expected first-quarter financial results.
  • PureCycle Technologies, Inc. (NASDAQ: PCT) dipped 12% to $3.8399 following third-quarter results.
  • Adient plc (NYSE: ADNT) fell 11.3% to $31.56 after the company reported worse-than-expected quarterly financial results.
  • Leju Holdings Limited (NYSE: LEJU) shares fell 11.1% to $1.1463 after jumping 29% on Tuesday.
  • Shoals Technologies Group, Inc. (NASDAQ: SHLS) dipped 10.9% to $14.46 after the company reported worse-than-expected quarterly revenue results and issued FY23 revenue guidance below estimates.
  • Coupang, Inc. (NYSE: CPNG) declined 9.9% to $15.39 after the company reported third-quarter financial results.
  • Spirit AeroSystems Holdings, Inc. (NYSE: SPR) fell 9.3% to $22.33 as the company reported a proposed public offering of Class A common stock. The company also announced a proposed private offering of exchangeable senior notes.
  • eBay Inc. (NASDAQ: EBAY) declined 5.1% to $38.69. eBay posted upbeat earnings for its third quarter. However, the company said it sees fourth-quarter earnings of $1.00 to $1.05 per share on revenue of $2.47 billion to $2.53 billion.
3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Now Read This: Disney Gears Up For Q4 Print; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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.