Why AMD Shares Are Trading Lower? Here Are Other Stocks Moving In Wednesday's Mid-Day Session

Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) shares declined 3.8% to $165.49 following fourth-quarter results.

AMD reported fourth-quarter non-GAAP earnings per share of 77 cents per share on revenue of $6.17 billion.

AMD shares dipped 3.8% to $165.49 on Wednesday.

Here are some other stocks moving in today's mid-day session.

Gainers

• Connexa Sports Technologies Inc. (NASDAQ:CNXA) shares jumped 204% to $0.6049. Connexa said it has regained compliance with Nasdaq minimum shareholder equity rule.
• Minim, Inc. (NASDAQ:MINM) shares climbed 76.4% to $4.48. David E. Lazar disclosed a 51% active stake in Minim Inc.
• Powell Industries, Inc. (NASDAQ:POWL) shares gained 49% to $121.89 after the company reported better-than-expected first-quarter financial results and raised its quarterly dividend.
• Lytus Technologies Holdings PTV. Ltd. (NASDAQ:LYT) climbed 46.5% to $0.1180 after falling around 7% on Tuesday.
• Ashford Hospitality Trust, Inc. (NYSE:AHT) jumped 32% to $1.77.
• 2seventy bio, Inc. (NASDAQ:TSVT) rose 31.6% to $5.28. 2seventy Bio said it will focus exclusively on commercialization and development of Abecma and sell its R&D pipeline to Regeneron. Leerink Partners analyst Daina Graybosch upgraded 2seventy bio from Market Perform to Outperform and raised the price target from $5 to $18.
• Trinity Biotech plc (NASDAQ:TRIB) gained 29.5% to $0.5638. Trinity Biotech announced acquisition of the CGM assets of Waveform Technologies, Inc.
• Kuke Music Holding Limited (NYSE:KUKE) rose 23.7% to $1.25.
• Vaxart, Inc. (NASDAQ:VXRT) jumped 20.9% to $1.1850. B. Riley Securities analyst Mayank Mamtani upgraded Vaxart from Neutral to Buy and announced a $2 price target.
• Envirotech Vehicles, Inc. (NASDAQ:EVTV) gained 20.6% to $1.75.
• Ensysce Biosciences, Inc. (NASDAQ:ENSC) gained 19.6% to $1.7232. Ensysce Biosciences reported completion of a constructive end of Phase 2 meeting with the FDA regarding its lead 'next generation' analgesic, PF614.
• Plug Power Inc. (NASDAQ:PLUG) climbed 17.8% to $4.3950 after Roth MKM upgraded the stock from Neutral to Buy and raised its price target from $4.5 to $9.
• DocGo Inc. (NASDAQ:DCGO) gained 15.8% to $3.9497 after the company announced a share buyback program of up to $36 million.
• Ashland Inc. (NYSE:ASH) jumped 14.5% to $92.50 after the company reported mixed first-quarter financial results and issued guidance.
• Jin Medical International Ltd. (NASDAQ:ZJYL) rose 12.5% to $236.64.
• LendingClub Corporation (NYSE:LC) gained 12.3% to $9.81 after the company reported better-than-expected quarterly financial results.
• Nomura Holdings, Inc. (NYSE:NMR) rose 12.2% to $5.84 following third-quarter results.
• Paramount Global (NASDAQ:PARA) gained 10.4% to $15.10. Byron Allen offered $14.3 billion to buy all of the outstanding shares of Paramount Global, Bloomberg reported.
• Revelation Biosciences, Inc. (NASDAQ:REVB) gained 10.3% to $8.77 after dipping around 39% on Tuesday.
• Nyxoah S.A. (NASDAQ:NYXH) shares rose 9.1% to $8.88 after dipping 34% on Tuesday.
• Stryker Corporation (NYSE:SYK) gained 5.8% to $335.28 after the company reported better-than-expected fourth-quarter financial results.

Losers

• Nuvve Holding Corp. (NASDAQ:NVVE) shares dipped 65.8% to $1.1401. Nuvve announced pricing of $9.6 million underwritten public offering of 4.8 million shares of common stock at $2.00 per share.
• Remark Holdings, Inc. (NASDAQ:MARK) shares fell 36% to $0.80. Remark Holdings shares jumped 264% on Tuesday following a Tweet from the company's X account suggesting an unconfirmed deal with Microsoft..
• New York Community Bancorp, Inc. (NYSE:NYCB) fell 34.5% to $6.80 after the company reported worse-than-expected fourth-quarter financial results and reduced its quarterly dividend.
• GRI Bio, Inc. (NASDAQ:GRI) fell 28.6% to $2.05.
• Genprex, Inc. (NASDAQ:GNPX) declined 28% to $0.1931. Genprex announced a 1-for-40 reverse stock split effective Feb. 2, 2024.
• Evaxion Biotech A/S (NASDAQ:EVAX) fell 24% to $4.3999.
• TuSimple Holdings Inc. (NASDAQ:TSP) declined 23.4% to $0.2220.
• Rail Vision Ltd. (NASDAQ:RVSN) fell 21.9% to $11.70.
• American Superconductor Corporation (NASDAQ:AMSC) shares declined 18.2% to $0.20 after the company announced a proposed public offering of common stock.
• Extreme Networks, Inc. (NASDAQ:EXTR) fell 15.8% to $14.02 after the company reported mixed second-quarter financial results and issued guidance.
• Rockwell Automation, Inc. (NYSE:ROK) declined 15.3% to $260.07 following weak earnings.
• SMX (Security Matters) Public Limited Company (NASDAQ:SMX) shares fell 14.2% to $0.4067 after jumping 47% on Tuesday.
• Synaptogenix, Inc. (NASDAQ:SNPX) fell 13% to $0.1864 after gaining 12% on Tuesday.
• LSB Industries, Inc. (NYSE:LXU) fell 9.5% to $7.51. UBS analyst Joshua Spector downgraded LSB Industries from Buy to Neutral and lowered the price target from $11 to $9.
• MarketAxess Holdings Inc. (NASDAQ:MKTX) fell 8.8% to $250.01 following weak sales.
• Teradyne, Inc. (NASDAQ:TER) shares declined 8.2% to $95.99 after the company posted downbeat fourth-quarter sales and issued weak forecast for the first quarter.
• Oblong, Inc. (NASDAQ:OBLG) declined 8.1% to $0.20 trading after gaining around 24% on Tuesday.
• Solid Biosciences Inc. (NASDAQ:SLDB) fell 7.5% to $7.47.
• Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) shares fell 6.2% to $143.60. Alphabet posted better-than-expected earnings results for its fourth quarter on Tuesday. However, Google’s advertising sales came in short of market estimates.
• Heartland Financial USA, Inc. (NASDAQ:HTLF) fell 5.5% to $36.54.
• Group 1 Automotive, Inc. (NYSE:GPI) fell 5.5% to $266.64 after the company reported mixed fourth-quarter financial results.
• Novartis AG (NYSE:NVS) fell around 3% to $104.69 following weak quarterly results.

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