Why Bumble Shares Are Trading Lower By 12%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session

Shares of Bumble Inc. (NASDAQ:BMBL) fell sharply during Wednesday’s session following weak quarterly results.

Bumble reported quarterly losses of 19 cents per share which missed the analyst consensus estimate of 12 cents per share. The company reported quarterly sales of $273.64 million which missed the analyst consensus estimate of $275.29 million.

Bumble shares dipped 11.6% to $11.65 on Wednesday.

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

Gainers

• Vivani Medical, Inc. (NASDAQ:VANI) shares jumped 289% to $3.93 after the company announced preclinical data on weight loss effects for NPM-115 and disclosed that semaglutide is the active pharmaceutical ingredient in NPM-139.
• Adial Pharmaceuticals, Inc. (NASDAQ:ADIL) climbed 190% to $2.4598. Adial Pharmaceuticals secured new US patent covering lead product for alcohol use disorder.
• vTv Therapeutics Inc. (NASDAQ:VTVT) gained 112% to $17.65 after the company announced a $51 million private placement from healthcare-focused institutional investors and the JDRF T1D Fund.
• Bit Brother Limited (NASDAQ:BETS) shares rose 63.7% to $4.0750.
• Beyond Meat, Inc. (NASDAQ:BYND) climbed 45% to $10.90 as the company reported stronger-than-expected sales for its fourth quarter.
• Incannex Healthcare Inc. (NASDAQ:IXHL) gained 43.6% to $6.06 after the company announced its Psi-GAD1 trial met its primary endpoint.
• Bandwidth Inc. (NASDAQ:BAND) surged 43.3% to $17.41 after the company reported better-than-expected fourth quarter financial results and issued FY24 revenue guidance above estimates.
• Imunon, Inc. (NASDAQ:IMNN) climbed 38% to $0.98.
• Applied Therapeutics, Inc. (NASDAQ:APLT) surged 36% to $7.59 after the company announced FDA acceptance and priority review of the NDA for govorestat for the treatment of Classic Galactosemia. The company also announced a $100 million private placement.
• Movella Holdings Inc. (NASDAQ:MVLA) gained 33.5% to $0.33.
• LifeStance Health Group, Inc. (NASDAQ:LFST) gained 31.5% to $8.81 following strong quarterly sales.
• AirNet Technology Inc. (NASDAQ:ANTE) rose 31.3% to $1.05. AirNet announced changes in senior management team.
• Polestar Automotive Holding UK PLC (NASDAQ:PSNY) rose 29.9% to $1.9350. Polestar secured $1 billion external funding.
• Editas Medicine, Inc. (NASDAQ:EDIT) gained 27.7% to $11.31 after the company reported better-than-expected fourth-quarter financial results.
• TG Therapeutics, Inc. (NASDAQ:TGTX) jumped 27.2% to $17.69 after the company reported better-than-expected fourth-quarter financial results.
• Qurate Retail, Inc. (NASDAQ:QRTEA) rose 22% to $1.71 after the company reported fourth-quarter financial results.
• B&G Foods, Inc. (NYSE:BGS) gained 21.4% to $11.41 after the company reported better-than-expected fourth-quarter financial results and issued FY24 revenue guidance.
• Flywire Corporation (NASDAQ:FLYW) gained 20% to $29.40 after the company reported better-than-expected fourth quarter financial results.
• Flywire Corporation (NASDAQ:FLYW) climbed 17.6% to $28.84 after the company reported better-than-expected fourth quarter financial results.
• The Vita Coco Company, Inc. (NASDAQ:COCO) surged 17.3% to $26.32 after the company reported better-than-expected fourth-quarter financial results and issued FY24 net sales guidance.
• J-Long Group Limited (NASDAQ:JL) gained 17.2% to $18.90.
• Revolve Group, Inc. (NYSE:RVLV) rose 16% to $20.28 as the company reported upbeat results for its fourth quarter on Tuesday.
• Nauticus Robotics, Inc. (NASDAQ:KITT) gained 15.9% to $0.3549.
• Life Time Group Holdings, Inc. (NYSE:LTH) gained 15.3% to $14.32 after the company reported better-than-expected fourth quarter financial results and issued first-quarter revenue guidance above estimates.
• Ventyx Biosciences, Inc. (NASDAQ:VTYX) shares jumped 15% to $6.96 in pre-market trading following fourth-quarter results.
• Connexa Sports Technologies Inc. (NASDAQ:CNXA) shares jumped 14.3% to $0.27.
• ACM Research, Inc. (NASDAQ:ACMR) rose 13.6% to $24.75 in pre-market trading after the company reported better-than-expected fourth-quarter FY23 results.
• Vipshop Holdings Limited (NYSE:VIPS) gained 12.4% to $19.49 after the company reported better-than-expected fourth quarter financial results.
• MicroStrategy Incorporated (NASDAQ:MSTR) climbed 10.9% to $967.01.
• Chart Industries, Inc. (NASDAQ:GTLS) rose 10.5% to $145.33 after the company reported mixed fourth quarter financial results and issued FY24 adjusted EPS guidance above estimates.
• Assured Guaranty Ltd. (NYSE:AGO) gained 9.8% to $94.11 following fourth quarter financial results.
• eBay Inc. (NASDAQ:EBAY) rose 8.4% to $48.15 after the company reported better-than-expected fourth quarter financial results.
• ADT Inc. (NYSE:ADT) climbed 7.2% to $7.00 following upbeat earnings.
• Advance Auto Parts, Inc. (NYSE:AAP) gained 7.1% to $69.32 fourth quarter financial results.

Losers

• Oragenics, Inc. (NYSE:OGEN) shares fell 43.3% to $1.39. Oragenics priced its public offering 1.4 million common shares at $1.50 per share for gross proceeds of $2.1 million.
• Integral Ad Science Holding Corp. (NASDAQ:IAS) fell 40.2% to $1.39 after the company reported fourth-quarter financial results.
• Charge Enterprises, Inc. (NASDAQ:CRGE) fell 36.8% to $0.0379.
• Palatin Technologies, Inc. (NYSE:PTN) fell 34.8% to $2.5880 after the company reported results of PL9643 MELODY-1 pivotal Phase 3 clinical trial in patients with dry eye disease.
• Inogen, Inc. (NASDAQ:INGN) dipped 31.2% to $6.43 following weak results.
• Eventbrite, Inc. (NYSE:EB) fell 30.2% to $5.81 after the company reported mixed fourth-quarter financial results.
• Solarmax Technology Inc. (NASDAQ:SMXT) shares fell 27.5% to $5.81. SolarMax Technology announced pricing of initial public offering and listing on Nasdaq.
• Novavax, Inc. (NASDAQ:NVAX) dipped 27% to $4.4000 after the company reported worse-than-expected fourth-quarter sales results and issued first-quarter revenue guidance below estimates.
• Lemonade, Inc. (NYSE:LMND) shares declined 26.1% to $16.04 after the company reported fourth-quarter financial results.
• Vicarious Surgical Inc. (NYSE:RBOT) fell 24% to $0.4099 after jumping 57% on Tuesday.
• Ocean Biomedical, Inc. (NASDAQ:OCEA) dipped 21.9% to $1.53.
• Infobird Co., Ltd (NASDAQ:IFBD) fell 21.8% to $1.00.
• 3D Systems Corporation (NYSE:DDD) fell 21.6% to $4.10 following weak fourth-quarter financial results.
• Nerdy, Inc. (NYSE:NRDY) fell 21% to $2.4099 following fourth-quarter financial results.
• Vertex Energy, Inc. (NYSE:VTNR) shares dipped 20.7% to $1.3310 after posting a fourth-quarter loss.
• Alignment Healthcare, Inc. (NASDAQ:ALHC) fell 17.5% to $5.71 after the company reported worse-than-expected fourth-quarter GAAP EPS results.
• Progyny, Inc. (NASDAQ:PGNY) fell 17.2% to $33.79 after the company reported mixed fourth-quarter financial results.
• The Boston Beer Company, Inc. (NYSE:SAM) dipped 17.1% to $306.80 after the company reported worse-than-expected fourth-quarter financial results.
• Payoneer Global Inc. (NASDAQ:PAYO) fell 15.6% to $4.69 after the company issued FY24 revenue guidance below estimates.
• Concentrix Corporation (NASDAQ:CNXC) fell 15.3% to $70.25.
• Urban Outfitters, Inc. (NASDAQ:URBN) shares declined 15% to $40.08 after the company reported fourth-quarter financial results.
• Hyster-Yale Materials Handling, Inc. (NYSE:HY) fell 14.1% to $60.20 following fourth-quarter results.
• The E.W. Scripps Company (NASDAQ:SSP) fell 12.2% to $4.1050 after the company reported mixed fourth-quarter financial results.
• Luminar Technologies, Inc. (NASDAQ:LAZR) dipped 10% to $2.25 following downbeat quarterly results.
• Recursion Pharmaceuticals, Inc. (NASDAQ:RXRX) shares fell 9.1% to $14.10 after the company reported mixed fourth-quarter financial results.
• Baidu, Inc. (NASDAQ:BIDU) fell 7.1% to $104.42 after the company reported financial Q4 results.
• Macy's, Inc. (NYSE:M) fell 4.8% to $18.99.

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