Why Capri Holdings Shares Are Trading Lower By Around 11%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session
Gainers
- Aridis Pharmaceuticals, Inc. (NASDAQ:ARDS) shares jumped 143% to $0.45 after the company announced it received agreement from the FDA on its proposed single confirmatory Phase 3 study of AR-301 and the clinical study design.
- Bluejay Diagnostics, Inc. (NASDAQ:BJDX) gained 67% to $0.3225.
- VIQ Solutions Inc. (NASDAQ:VQS) shares jumped 49.1% to $0.3474.
- Marker Therapeutics, Inc. (NASDAQ:MRKR) climbed 31% to $1.73 after the company reported pre-clinical data of its MT-601 multiTAA-specific T cell product candidate MT-601 in lymphoma cells.
- Tenax Therapeutics, Inc. (NASDAQ:TENX) rose 30% to $0.4151. Tenax Therapeutics achieved major milestone as USPTO granted notice of allowance for U.S. patent application covering use of oral levosimendan in pulmonary hypertension with heart failure with preserved ejection fraction.
- VistaGen Therapeutics, Inc. (NASDAQ:VTGN) shares gained 19.4% to $0.1599 after the company announced it will present fasedienol safety and exploratory efficacy data from its Phase 3 open-label social anxiety disorder study at the ASCP 2023 Annual Meeting.
- LL Flooring Holdings, Inc. (NYSE:LL) shares climbed 18.8% to $4.92. LL Flooring confirmed the receipt of $5.76 per share unsolicited, non-binding proposal from Cabinets To Go, a subsidiary of F9 Brands.
- CXApp Inc. (NASDAQ:CXAI) gained 17.5% to $13.06.
- Kaival Brands Innovations Group, Inc. (NASDAQ:KAVL) climbed 17.4% to $0.6574. Kaival Brands acquired Extensive vaporizer and inhalation patent portfolio to diversify product offerings and create new revenue opportunities.
- Invivyd, Inc. (NASDAQ:IVVD) gained 16% to $1.78.
- WANG & LEE GROUP, Inc. (NASDAQ:WLGS) rose 14% to $1.5850 after declining around 5% on Tuesday.
- Loop Media, Inc. (NYSE:LPTV) surged 13.3% to $3.67.
- Exela Technologies, Inc. (NASDAQ:XELA) gained 12.7% to $5.33.
- Nano-X Imaging Ltd. (NASDAQ:NNOX) climbed 12.7% to $19.23.
- Chindata Group Holdings Limited (NASDAQ:CD) gained 11.1% to $5.59 after reporting first-quarter results.
- Lyell Immunopharma, Inc. (NASDAQ:LYEL) shares rose 10.8% to $3.0595.
- Palomar Holdings, Inc. (NASDAQ:PLMR) gained 10.6% to $52.30 as the company announced successful completion of June 1 reinsurance renewal and raised full year 2023 adjusted net income guidance.
- Centerra Gold Inc. (NYSE:CGAU) surged 10.3% to $6.03.
- SoFi Technologies, Inc. (NASDAQ:SOFI) gained 10% to $6.64 following a tentative debt limit agreement, which would reinstate student loan payments.
- Intel Corporation (NASDAQ:INTC) surged 6% to $31.76 amid the company's presentation at TD Cowen's 51st Annual Technology, Media & Telecom Conference.
Losers
- QualTek Services Inc (NASDAQ:QTEK) fell 41.3% to $ 0.0880 after the company received Nasdaq delisting notice.
- Belite Bio, Inc (NASDAQ:BLTE) shares dipped 33.2% to $15.70 after the company reported pricing of a $30 million underwritten public offering of ADSs and warrants.
- Advance Auto Parts, Inc. (NYSE:AAP) fell 33.2% to $74.98 after the company reported worse-than-expected first-quarter financial results and cut FY23 guidance below estimates.
- Biodexa Pharmaceuticals Plc (NASDAQ:BDRX) shares dropped 39.5% to $0.0821. Biodexa Pharmaceuticals recently reported closing of $3.32 million registered direct offering.
- Panbela Therapeutics, Inc. (NASDAQ:PBLA) fell 37% to $0.2138. Panbela announced a 1-for-30 reverse stock split effective June 1, 2023.
- Golden Minerals Company (NYSE:AUMN) dropped 26.9% to $0.1155. Golden Minerals Company company announced a 1-for-25 reverse stock split.
- Fujian Blue Hat Interactive Entertainment Technology Ltd. (NASDAQ:BHAT) fell 22.1% to $0.95.
- Wejo Group Ltd (NASDAQ:WEJO) fell 18.2% to $0.1012. Wejo Group shares dipped 57% on Tuesday after the company said it is evaluating whether to file ancillary insolvency proceedings for the company and other units in other jurisdictions, including the US.
- Lantronix, Inc. (NASDAQ:LTRX) dropped 18.1% to $4.30. Lantronix said Paul Pickle will be resigning from his role as President and CEO.
- Wearable Devices Ltd. (NASDAQ:WLDS) fell 17.1% to $1.5250. Wearable Devices last week announced its Mudra Band for Apple Watch is available for preorder.
- EpicQuest Education Group International Limited (NASDAQ:EEIQ) dropped 17% to $2.05.
- Ambarella Inc (NASDAQ:AMBA) fell 15.9% to $68.98 after the company issued a weak second-quarter forecast.
- Sportsman's Warehouse Holdings, Inc. (NASDAQ:SPWH) fell 15.3% to $4.65 as the company posted a wider-than-expected loss for its first quarter and issued weak forecast for the current quarter.
- Hovnanian Enterprises, Inc. (NYSE:HOV) fell 14.5% to $80.21 after reporting second-quarter results. Hovnanian Enterprises also said it sees FY23 revenue of $2.5 billion to $2.65 billion and FY23 EPS of $17 to $20.
- GT Biopharma, Inc. (NASDAQ:GTBP) dropped 13.7% to $0.2173.
- SEALSQ Corp (NASDAQ:LAES) fell 13.2% to $11.80.
- TOP Financial Group Limited (NYSE:TOP) dropped 11.8% to $9.14.
- U-Haul Holding Company (NYSE:UHAL) fell 11.6% to $55.70 after the company reported worse-than-expected Q1 results.
- Capri Holdings Limited (NYSE:CPRI) dropped 10.8% to $35.28 following fourth-quarter results. Capri sees first-quarter revenue of ~$1.2 billion against the Street view of $1.3 billion and sees EPS of $0.70.
- C3.ai, Inc. (NYSE:AI) fell 10.5% to $39.35 mid profit taking following a rally in AI stocks.
- Horizon Technology Finance Corporation (NASDAQ:HRZN) shares fell 10.4% to $11.89. Horizon Technology Finance priced an underwritten public offering of 3,250,000 shares at a price of $12.50 per share for total gross proceeds of around $40,625000.
- Bellicum Pharmaceuticals, Inc. (NASDAQ:BLCM) shares dropped 10.1% to $0.6898.
- Carvana Co. (NYSE:CVNA) dropped 9.7% to $12.39. JMP Securities reiterated Carvana with a Market Outperform and maintained a $15 price target.
- UTime Ltd (NASDAQ:UTME) fell 9.4% to $1.3597 after jumping 30% on Tuesday.
- Chico's FAS, Inc. (NYSE:CHS) dropped 8.7% to $4.71. Telsey Advisory Group reiterated Chico's FAS with a Market Perform and maintained a $6 price target.
- Donaldson Company, Inc. (NYSE:DCI) fell 8.1% to $58.92. Donaldson reported a third-quarter FY23 sales increase of 2.6% Y/Y to $875.7 million beating the consensus of $868.4 million. The company now expects FY23 adjusted EPS to be $3.00-$3.06 (vs $2.99-$3.07 previously) compared to the consensus of $3.04.
- Hewlett Packard Enterprise Company (NYSE:HPE) shares declined 6.4% to $14.53 after reporting downbeat second-quarter sales.
- Frontline Plc (NYSE:FRO) shares declined 4.9% to $14.30 following first-quarter results.
- HP Inc (NYSE:HPQ) shares dropped 3.2% to $29.93. HP reported better-than-expected earnings for its second quarter, while sales missed expectations.
Now Read This: Bitcoin Drops But Remains Above This Key Level; Optimism, Conflux Among Top Losers