Why Ascent Solar Technologies Shares Are Trading Lower By Around 50%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session
Shares of Ascent Solar Technologies, Inc. (NASDAQ:ASTI) fell sharply during Wednesday’s session after the company announced pricing of a $6 million public offering of shares at $0.14 per share.
Ascent Solar Technologies shares dipped 50% to $0.1374 on Wednesday.
Here are some other stocks moving in today's mid-day session.
Gainers
- Marin Software Incorporated (NASDAQ:MRIN) shares jumped 152% to $0.7242 after the company announced upgrades to its integration with Microsoft Advertising.
- Adial Pharmaceuticals, Inc. (NASDAQ:ADIL) gained 75% to $1.9698 after the company announced the publication of a peer-reviewed article highlighting the clinical results, strong safety profile, and high compliance among patients administered AD04.
- Infobird Co., Ltd (NASDAQ:IFBD) surged 45.3% to $6.00.
- ReTo Eco-Solutions, Inc. (NASDAQ:RETO) gained 45% to $1.67.
- Meiwu Technology Company Limited (NASDAQ:WNW) shares jumped 36% to $1.37.
- Nano Labs Ltd (NASDAQ:NA) surged 31.6% to $1.9502. Nano Labs recently filed annual report on Form 20-F for fiscal year 2023.
- iCoreConnect Inc. (NASDAQ:ICCT) shares jumped 30.8% to $1.4650. iCoreConnect, last month, closed $2,375,000 convertible note financing.
- Dogness (International) Corporation (NASDAQ:DOGZ) climbed 22.9% to $8.48.
- NeoVolta Inc. (NASDAQ:NEOV) surged 18% to $2.0826.
- BioSig Technologies, Inc. (NASDAQ:BSGM) rose 18% to $1.92.
- Verb Technology Company, Inc. (NASDAQ:VERB) climbed 18% to $0.2099.
- Jaguar Health, Inc. (NASDAQ:JAGX) gained 16.7% to $0.1050 after the company reported approval for all proposals at its special meeting of stockholders.
- Murano Global Investments Plc (NASDAQ:MRNO) rose 13.6% to $11.70.
- Gaucho Group Holdings, Inc. (NASDAQ:VINO) surged 12.5% to $0.61.
- Aurora Cannabis Inc. (NASDAQ:ACB) gained 11.8% to $7.11. International Star Inc. appointed Todd Masse as new CEO.
- Revolution Medicines, Inc. (NASDAQ:RVMD) rose 8.4% to $35.76.
- Immuron Limited (NASDAQ:IMRN) climbed 6.5% to $2.9731 after the company disclosed record sales (unaudited) of Travelan®.
Losers
- VIA optronics AG (NYSE:VIAO) shares dipped 52.9% to $0.4238. VIA optronics announced intention to voluntarily delist its ADSs from the New York Stock Exchange. VIA optronics and Antolin unveiled Sunrise, a new horizon of integration in vehicle cockpits.
- Velo3D, Inc. (NYSE:VLD) fell 40.1% to $0.2783 after the company announced pricing of a $12 million public offering.
- EZGO Technologies Ltd. (NASDAQ:EZGO) declined 27.6% to $0.0441. EZGO Technologies revealed a 1-for-40 reverse share split effective April 12, 2024.
- C3is Inc. (NASDAQ:CISS) fell 22% to $0.0326. C3IS announced a reverse stock split.
- Nutex Health Inc. (NASDAQ:NUTX) dipped 18.6% to $0.9525.
- SMART Global Holdings Inc. (NASDAQ:SGH) fell 18.4% to $21.13. Smart Global posted better-than-expected results for its second quarter. The company saw third-quarter earnings of 30 cents per share, plus or minus 15 cents, versus the 28 cent estimate. The company expects third-quarter revenue of $300 million, plus or minus $25 million, versus the $307.864 million estimate.
- DocGo Inc. (NASDAQ:DCGO) fell 18.2% to $3.15. Stifel analyst David Grossman maintained DocGo with a Buy and lowered the price target from $11 to $8.
- Gorilla Technology Group Inc. (NASDAQ:GRRR) dipped 18.2% to $0.6216. Gorilla Technology and Thames Freeport announced a strategic alliance.
- Nauticus Robotics, Inc. (NASDAQ:KITT) declined 18% to $0.21 following weak quarterly sales.
- Destiny Tech100 Inc. (NASDAQ:DXYZ) fell 17.8% to $52.65 after dipping over 35% on Tuesday.
- Acorda Therapeutics, Inc. (NASDAQ:ACOR) dipped 16.7% to $0.85.
- Brenmiller Energy Ltd (NASDAQ:BNRG) declined 15.5% to $2.01.
- PainReform Ltd. (NASDAQ:PRFX) fell 15.2% to $1.28 after declining 11% on Tuesday. PainReform recently announced results from new studies demonstrating the superior in-vitro release (IVR) rates of PRF-110 compared to topical post-surgical pain management products available in the market.
- Sunnova Energy International Inc. (NYSE:NOVA) fell 14.5% to $4.6150 after jumping around 18% on Tuesday.
- Kineta, Inc. (NASDAQ:KA) dipped 14% to $0.3699. Kineta recently reported initial clinical response data at the AACR 2024 of its ongoing Phase 1/2 VISTA-101 clinical trial.
- Hexcel Corporation (NYSE:HXL) fell 12.1% to $62.58 after B of A Securities downgraded the stock from Neutral to Underperform and lowered its price target from $75 to $65.
- Mobile Global Esports Inc. (NASDAQ:MGAM) fell 12% to $0.19 after surging around 78% on Tuesday.
- Rocket Companies, Inc. (NYSE:RKT) declined 11.1% to $12.55.
- Opendoor Technologies Inc. (NASDAQ:OPEN) dipped 9.8% to $2.47.
- Biophytis S.A. (NASDAQ:BPTS) fell 9.6% to $0.3560. Biophytis shares jumped around 32% on Tuesday after the company reported a year-over-year increase in FY23 EPS results.
- Sunrun Inc. (NASDAQ:RUN) fell 9.5% to $11.78. Sunrun priced $230 million senior securitization of residential solar & battery systems.
- Valley National Bancorp (NASDAQ:VLY) fell 8.2% to $7.34.
- Deckers Outdoor Corporation (NYSE:DECK) dipped 7.7% to $801.03 after Truist Securities downgraded the stock from Buy to Hold and lowered its price target from $983 to $864.
- RH (NYSE:RH) fell 7.4% to $267.43.
- Wayfair Inc. (NYSE:W) dipped 6.7% to $61.87.
- Tesla, Inc. (NASDAQ:TSLA) declined 3.1% to $171.44 after analysts at Jefferies and Piper Sandler lowered their price targets on the stock.
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