Why Cineverse Shares Are Trading Lower By 18%? Here Are Other Stocks Moving In Friday's Mid-Day Session
$AAOI
$ACCD
$AHI
$ALVO
Semiconductors
Technology
Business Services
Consumer Discretionary
Gainers
- Addentax Group Corp. (NASDAQ:ATXG) shares jumped 47.3% to $9.68. Addentax Group is launching automation of artificial intelligence internet operational tools project with top Games-as-a-Service firms.
- CymaBay Therapeutics, Inc. (NASDAQ:CBAY) surged 40% to $10.97.
- Cyteir Therapeutics, Inc. (NASDAQ:CYT) shares gained 38% to $2.6487. Cyteir Therapeutics reported discontinuation of CYT-0851 development program and planned liquidation and dissolution.
- TOP Financial Group Limited (NASDAQ:TOP) shares gained 32.2% to $10.31 after the company reported FY23 financial results.
- Renalytix Plc (NASDAQ:RNLX) shares jumped 31% to $2.66 after the company received FDA De Novo marketing authorization for its KidneyIntelX.dkd prognostic test.
- Baudax Bio, Inc. (NASDAQ:BXRX) gained 24% to $0.6450 after the company agreed to acquire TeraImmune in a stock-for-stock transaction.
- Friedman Industries, Incorporated (NYSE:FRD) rose 19.6% to $11.90 after posting a profit for the fourth quarter.
- CytomX Therapeutics, Inc. (NASDAQ:CTMX) gained 17.7% to $1.65 after the company announced a $30 million private placement from BVF Partners L.P.
- Rackspace Technology, Inc. (NASDAQ:RXT) gained 15.8% to $2.27. Rackspace Technology partnered with Google Cloud to offer cutting-edge generative AI services and solutions using the FAIR practice.
- Applied Optoelectronics, Inc. (NASDAQ:AAOI) gained 15.5% to $6.27.
- MicroVision, Inc. (NASDAQ:MVIS) climbed 12.8% to $4.40.
- XPeng Inc. (NYSE:XPEV) gained 12.4% to $13.29 after CLSA upgraded the stock from Buy to Outperform and raised the price target from $10 to $13.1. The company, on Thursday. launched G6 Ultra Smart Coupe SUV in China.
- Alvotech (NASDAQ:ALVO) rose 12.2% to $7.74. The FDA issued a complete response letter to second application for AVT02, biosimilar candidate for Humira.
- Digital Turbine, Inc. (NASDAQ:APPS) gained 11.3% to $9.58.
- Eiger BioPharmaceuticals, Inc. (NASDAQ:EIGR) climbed 11% to $0.6101. Baird maintained Eiger BioPharmaceuticals with an Outperform and raised the price target from $3 to $5.
- Aurinia Pharmaceuticals Inc. (NASDAQ:AUPH) shares rose 9% to $9.98 after the board announced exploration of strategic alternatives to maximize shareholder value.
- IMAC Holdings, Inc. (NASDAQ:BACK) rose 8.6% to $0.1195 after declining around 4% on Thursday.
- Accolade, Inc. (NASDAQ:ACCD) gained 8.4% to $13.71 after the company reported better than expected first-quarter earnings.
- Carnival Corporation (NYSE:CCL) climbed 7.8% to $18.50 after Jefferies upgraded the stock from Hold to Buy and raised the price target from $9 to $25.
- Better Choice Company Inc. (NYSE:BTTR) shares gained 6.9% to $0.2310 after declining 6% on Thursday. Better Choice recently announced a $5 million investment from Alphia.
Losers
- iMedia Brands, Inc. (NASDAQ:IMBIL) dipped 37% to $0.7686 after dropping over 70% on Thursday.
- Unicycive Therapeutics, Inc. (NASDAQ:UNCY) fell 23.4% to $1.26 after the company provided an update concerning its marketing application for lanthanum dioxycarbonate for hyperphosphatemia in chronic kidney disease patients on dialysis.
- Apyx Medical Corporation (NASDAQ:APYX) fell 20.4% to $5.32. Apyx® Medical is expected to report financial results for the second quarter on Thursday, Aug. 10.
- Evelo Biosciences, Inc. (NASDAQ:EVLO) dropped 19.5% to $2.84. Evelo Biosciences announced a 1-for-20 reverse stock split.
- Paltalk, Inc. (NASDAQ:PALT) shares dipped 18.8% to $2.29.
- Cineverse Corp. (NASDAQ:CNVS) fell 17.8% to $1.89 after the company reported weak fourth-quarter sales.
- Surgalign Holdings, Inc. (NASDAQ:SRGA) dipped 17.6% to $0.2249.
- Fangdd Network Group Ltd. (NASDAQ:DUO) shares dropped 16.2% to $0.8466 after jumping 31% on Thursday.
- Kintara Therapeutics, Inc. (NASDAQ:KTRA) dipped 16.2% to $3.53. Kintara Therapeutics secured $2 million National Institutes Of Health SBIR grant to support development of REM-001.
- Kiromic BioPharma, Inc. (NASDAQ:KRBP) fell 14.1% to $2.74. Kiromic Biopharma recently appointed Brian Hungerford as interim CFO.
- Advanced Health Intelligence Ltd. (NASDAQ:AHI) dropped 12.5% to $4.34. Advanced Health Intelligence announced implementation of ADS ratio change with effect of 1:4 reverse ADS split.
- Root, Inc. (NASDAQ:ROOT) fell 12% to $9.87. Root said it is not in receipt of any proposal that is either actionable or in the best interests of shareholders.
- Foghorn Therapeutics Inc. (NASDAQ:FHTX) declined 11.2% to $7.27.
- TuSimple Holdings Inc. (NASDAQ:TSP) fell 10.4% to $1.6480.
- Eos Energy Enterprises, Inc. (NASDAQ:EOSE) dropped 10.3% to $4.42 after B. Riley Securities downgraded the stock from Buy to Neutral.
- P3 Health Partners Inc. (NASDAQ:PIII) fell 9.5% to $2.96. TD Cowen initiated coverage on P3 Health Partners with a Market Perform rating.
- Novonix Limited (NASDAQ:NVX) dropped 8.1% to $2.50.
- Hillstream BioPharma, Inc. (NASDAQ:HILS) declined 7.7% to $0.36.
- Golden Sun Education Group Limited (NASDAQ:GSUN) shares dropped 7.6% to $1.0350.
- 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) dropped 6.5% to $7.77. 1-800-FLOWERS.COM said CEO Christopher Mccann Will be stepping down for personal health reasons, effective July 3, 2023.
- Ontrak, Inc. (NASDAQ:OTRK) shares fell 6% to $0.4716 after the company filed for secondary stock offering together with warrants.
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