Why Citi Trends Shares Are Trading Lower By Over 14%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session
Gainers
- U.S. Xpress Enterprises, Inc. (NYSE:USX) shares surged 298% to $5.97 after Knight-Swift Transportation agreed to acquire the company for $6.15 per share.
- Impac Mortgage Holdings, Inc. (NYSE:IMH) gained 94.8% to $0.39. Impac Mortgage Holdings recently posted a Q4 adjusted loss of $0.35 per share.
- Cerberus Cyber Sentinel Corporation (NASDAQ:CISO) shares jumped 84.6% to $0.4245. Cerberus Cyber Sentinel said it sees Q4 revenue of $14.7 million and sees FY22 revenue of $46.5 million.
- Quince Therapeutics, Inc. (NASDAQ:QNCX) gained 74.7% to $1.4708 after Echo Lake Capital offered to acquire the company for $1.60 per share in cash.
- Pear Therapeutics, Inc.. (NASDAQ:PEAR) climbed 39.3% to $0.2919 after dropping 46% on Monday. Pear Therapeutics, last week, said it is exploring strategic alternatives and said it may seek a reorganization if it is unable to complete a transaction.
- First Republic Bank (NYSE:FRC) shares climbed 29.7% to $15.80 following reports suggesting JP Morgan CEO Jamie Dimon is leading discussions to come up with a new rescue plan for the bank. Also, Treasury Secretary Yellen said the government is prepared to take more action to aid banks, which could be positively impacting the stock.
- On Holding AG (NYSE:ONON) gained 29.1% to $27.85 after the company reported fourth-quarter FY22 sales growth of 91.9% year-on-year to CHF 366.8 million.
- Novo Integrated Sciences, Inc. (NASDAQ:NVOS) jumped 23.7% to $0.1255.
- Torrid Holdings Inc. (NYSE:CURV) surged 22.8% to $2.7385.
- EZGO Technologies Ltd. (NASDAQ:EZGO) jumped 22% to $1.23.
- Blue Star Foods Corp. (NASDAQ:BSFC) rose 21.6% to $0.1930.
- So-Young International Inc. (NASDAQ:SY) gained 20.6% to $1.99 following Q4 results.
- ImmunityBio, Inc. (NASDAQ:IBRX) gained 20% to $1.62.
- Novo Integrated Sciences, Inc. (NASDAQ:NVOS) shares rose 19.5% to $0.1213.
- Qualigen Therapeutics, Inc. (NASDAQ:QLGN) jumped 18.3% to $1.16 after the company announced the USPTO granted it patent number 11,560,380 for QN-302, its lead oncology investigational drug candidate.
- Blue Star Foods Corp. (NASDAQ:BSFC) gained 18.3% to $0.1879 after jumping around 22% on Monday.
- CURO Group Holdings Corp. (NYSE:CURO) rose 18% to $1.6750.
- Qwest Corp. NT (NYSE:CTBB) gained 18% to $12.04.
- Oportun Financial Corporation (NASDAQ:OPRT) shares climbed 17.7% to $3.99.
- Sunlight Financial Holdings Inc. (NYSE:SUNL) climbed 16.1% to $0.3525.
- Bird Global, Inc. (NYSE:BRDS) gained 13.9% to $0.1257 after declining 8% on Monday. Bird Global recently reported better-than-expected Q4 sales results.
- Select Energy Services, Inc. (NASDAQ:WTTR) jumped 12.5% to $6.30. Select Energy Services announced a $50 million buyback program.
- Canadian Solar Inc. (NASDAQ:CSIQ) surged 12.7% to $40.41 after the company reported better-than-expected Q4 results.
- PacWest Bancorp (NASDAQ:PACW) gained 12.7% to $11.58.
- Puyi Inc. (NASDAQ:PUYI) jumped 11.8% to $7.17. Puyi posted a narrower H1 loss.
- Semantix, Inc. (NASDAQ:STIX) gained 8.3% to $4.2001.
Losers
- Qutoutiao Inc. (NASDAQ:QTT) fell 59.2% to $0.2850 after gaining 3% on Monday.
- Altimmune, Inc. (NASDAQ:ALT) shares dropped 54% to $5.01 after the company announced results from the week 24 interim analysis of pemvidutide MOMENTUM Phase 2 obesity trial and 12-week Phase 1b type 2 diabetes safety trial.
- Check-Cap Ltd. (NASDAQ:CHEK) fell 42.2% to $1.7501. Check-Cap said it 'plans to continue conducting its calibration studies, albeit at a slower pace, to collect additional clinical data and the company is also implementing a cost reduction plan, in order to extend its cash runway.'
- Maxpro Capital Acquisition Corp. (NASDAQ:JMAC) dropped 26% to $9.09.
- First Majestic Silver Corp. (NYSE:AG) fell 24.5% to $5.61 after the company temporarily suspended mining activities and reduced its workforce at Jerritt Canyon, which represented 21% of the company's 2022 revenue.
- Jeffs' Brands Ltd (NASDAQ:JFBR) fell 22.6% to $1.03. Jeffs' Brands recently entered into a definitive agreement to acquire the entire share capital of Fort Products Ltd for $1.92 million.
- YS Biopharma Co., Ltd. (NASDAQ:YS) dropped 22% to $10.14.
- SigmaTron International, Inc. (NASDAQ:SGMA) dropped 21.4% to $2.46.
- Allarity Therapeutics, Inc. (NASDAQ:ALLR) shares fell 21.4% to $0.1130. Allarity Therapeutics shares jumped 37% on Monday after the company said it dosed the first patient in its trial studying advanced solid tumors.
- Athenex, Inc. (NASDAQ:ATNX) dropped 19.3% to $1.0168. Ladenburg Thalmann downgraded Athenex from Buy to Neutral.
- Gelesis Holdings, Inc. (NASDAQ:GLS) shares fell 19% to $0.1701 after jumping over 90% on Monday.
- HUB Cyber Security (Israel) Ltd. (NASDAQ:HUBC) dropped 19% to $1.79.
- Bluejay Diagnostics, Inc. (NASDAQ:BJDX) fell 18% to $0.4411. Bluejay Diagnostics posted a FY22 loss of $0.46 per share.
- HUYA Inc. (NYSE:HUYA) dropped 16.7% to $3.2650 after the company reported mixed Q4 financial results.
- Connect Biopharma Holdings Limited (NASDAQ:CNTB) fell 15.9% to $1.11 after gaining 20% on Monday. Connect Biopharma announced post hoc data analysis from the Phase 2b CBP-201 global trial in moderate-to-severe atopic dermatitis (AD).
- Citi Trends, Inc. (NASDAQ:CTRN) dropped 14.4% to $19.95 after the company reported Q4 financial results.
- Boxed, Inc. (NYSE:BOXD) fell 14.3% to $0.1175 after jumping over 35% on Monday.
- Tencent Music Entertainment Group (NYSE:TME) dropped 11.7% to $6.93 after the company reported Q4 financial results.
- Roivant Sciences Ltd. (NASDAQ:ROIV) fell 11% to $7.75.
- Viking Therapeutics, Inc. (NASDAQ:VKTX) declined 9.3% to $10.55.
- GeneDx Holdings Corp. (NASDAQ:WGS) dropped 9.2% to $0.4581.
- Karuna Therapeutics, Inc. (NASDAQ:KRTX) fell 8.5% to $166.76 after the company announced a $400 million offering of common stock.
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