Why American Software Shares Are Trading Lower By Over 20%? Here Are Other Stocks Moving In Friday's Mid-Day Session

Gainers

• Advanced Health Intelligence Ltd. (NASDAQ:AHI) shares jumped 144.5% to $0.7827.
• Sientra, Inc. (NASDAQ:SIEN) shares climbed 72.7% to $3.0050. Sientra announced FDA-clearance of next generation AlloX2 Pro Tissue Expander.
• Sonoma Pharmaceuticals, Inc. (NASDAQ:SNOA) gained 40.2% to $ 1.3599. Sonoma Pharmaceuticals announced a new application for intraoperative pulse lavage irrigation treatment, which can replace commonly used IV bags in a variety of surgical procedures.
• ContraFect Corporation (NASDAQ:CFRX) gained 30.5% to $ 1.8796. ContraFect plans to present new data demonstrating potential efficacy of its engineered lysins against antibiotic-resistant pathogens at ASM Microbe 2023.
• Miromatrix Medical Inc. (NASDAQ:MIRO) climbed 21.3% to $1.5650.
• Exela Technologies, Inc. (NASDAQ:XELA) rose 20.7% to $5.66. On June 8, 2023, Exela Technologies entered into a restructuring support agreement.
• Braze, Inc. (NASDAQ:BRZE) shares rose 20.4% to $ 40.82 after the company posted upbeat first-quarter results and issued strong forecast.
• NextPlat Corp (NASDAQ:NXPL) gained 19.8% to $3.02.
• TMC the metals company Inc. (NASDAQ:TMC) climbed 18.3% to $0.93.
• Marker Therapeutics, Inc. (NASDAQ:MRKR) gained 17.6% to $2.4454.
• Disc Medicine Opco Inc (NASDAQ:IRON) jumped 17.2% to $46.26 after the company announced data from its ongoing Phase 2 open-label BEACON trial evaluating bitopertin in patients with erythropoietic protoporphyria and X-linked protoporphyria at the EHA 2023 Congress.
• Interactive Strength Inc. (NASDAQ:TRNR) rose 16.9% to $5.16. Interactive Strength posted a narrower quarterly loss.
• Kingsoft Cloud Holdings Limited (NASDAQ:KC) climbed 16.4% to $5.57. Kingsoft Cloud announced share purchase by Vice Chairman and Chief Executive Officer.
• VIQ Solutions Inc. (NASDAQ:VQS) gained 16% to $0.2841.
• Peloton Interactive, Inc. (NASDAQ:PTON) rose 14.3% to $9.39.
• Trupanion, Inc. (NASDAQ:TRUP) climbed 12.5% to $26.23.
• Loop Media, Inc. (NASDAQ:LPTV) gained 12.2% to $3.03. B. Riley Securities initiated coverage on Loop Media with a Buy rating and announced a price target of $5.
• Joby Aviation, Inc. (NYSE:JOBY) climbed 11.8% to $7.00 after Canaccord Genuity initiated coverage on the stock with a Buy rating and an $8 price target.
• Akili, Inc. (NASDAQ:AKLI) climbed 11.4% to $1.2814.
• Archer Aviation Inc. (NYSE:ACHR) rose 11.4% to $3.4092 after Canaccord Genuity initiated coverage on the stock with a Buy rating and announced a $9 price target.
• CorEnergy Infrastructure Trust, Inc. (NYSE:CORR) gained 11% to $1.2101.
• Peloton Interactive, Inc. (NASDAQ:PTON) gained 10.8% to $9.11.
• Mission Produce, Inc. (NASDAQ:AVO) climbed 9% to $13.65 after the company reported better-than-expected second-quarter financial results.
• Akso Health Group (NASDAQ:AHG) shares climbed 8.7% to $0.3694. Akso Health Group was granted additional 180 calendar day grace period by Nasdaq to regain compliance with minimum bid price rule.
• WaveDancer, Inc. (NASDAQ:WAVD) gained 8% to $0.45.

Losers

• Elevation Oncology, Inc. (NASDAQ:ELEV) fell 39.5% to $1.7025 after the company reported pricing of $50 million public offering.
• Takung Art Co., Ltd. (NASDAQ:TKAT) dipped 30.6% to $0.34.
• Unico American Corporation (NASDAQ:UNAM) fell 28.2% to $0.8324. Unico American Corporation's principal subsidiary, Crusader Insurance Company placed in Conservation Unico received notice of delisting from Nasdaq effective June 15, 2023.
• Planet Labs PBC (NYSE:PL) fell 25.5% to $3.6450 after the company reported first-quarter results.
• Baosheng Media Group Holdings Limited (NASDAQ:BAOS) fell 22.4% to $10.89 after jumping 145% on Thursday.
• American Software, Inc. (NASDAQ:AMSWA) dropped 20.8% to $10.62. American Software reported better-than-expected earnings for its fourth quarter, while sales missed estimates. The company said it sees FY24 revenue of $120 million to $126.0 million.
• Cineverse Corp. (NASDAQ:CNVS) dipped 16.7% to $4.28. Benchmark maintained Cineverse with a Speculative Buy and raised the price target from $5 to $9.
• MedAvail Holdings, Inc. (NASDAQ:MDVL) fell 16% to $0.2702.
• Comtech Telecommunications Corp. (NASDAQ:CMTL) dropped 14.5% to $9.68 after the company reported worse-than-expected quarterly adjusted EPS results.
• Powerbridge Technologies Co., Ltd. (NASDAQ:PBTS) fell 14.2% to $1.56.
• EVgo, Inc. (NASDAQ:EVGO) fell 13.8% to $3.7493.
• ChargePoint Holdings, Inc. (NYSE:CHPT) declined 13.4% to $8.32 after GM said it would partner with Tesla to use its charging network.
• Greenlane Holdings, Inc. (NASDAQ:GNLN) dipped 12.7% to $2.39. Benchmark initiated coverage on Greenlane with a Speculative Hold rating.
• Argan, Inc. (NYSE:AGX) fell 11.3% to $39.21 after the company reported worse-than-expected first-quarter financial results.
• Asset Entities Inc. (NASDAQ:ASST) fell 11% to $1.22 after gaining over 10% on Thursday.
• Keros Therapeutics, Inc. (NASDAQ:KROS) dropped 10.6% to $43.77. Keros Therapeutics presented additional data from its ongoing Phase 2 trial of KER-050 in patients with very low-, low-, or intermediate-risk myelodysplastic syndromes, and preclinical data showing KER-050 to restore erythropoiesis in myelofibrosis.
• Golden Minerals Company (NYSE:AUMN) shares fell 10.3% to $2.46.
• Blink Charging Co (NASDAQ:BLNK) dropped 9.5% to $6.03 after GM said it would partner with Tesla to use its charging network.
• Wheels Up Experience Inc. (NYSE:UP) shares dropped 8% to $2.76 after gaining 6% on Thursday.
• PepGen Inc. (NASDAQ:PEPG) fell 7.8% to $15.10.
• Vail Resorts, Inc. (NYSE:MTN) dropped 6.6% to $241.07 after the company reported worse-than-expected third-quarter financial results and issued guidance.
• DISH Network Corporation (NASDAQ:DISH) fell 6.3% to $6.97 amid reports of its struggle to sell assets and battle insider speculation of a possible bankruptcy.

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