Why Core & Main Are Trading Lower By 7%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session
Gainers
- Palisade Bio, Inc. (NASDAQ:PALI) shares jumped 114% to $1.47. Palisade Bio transformed GI-focused pipeline through exclusive worldwide licensing agreement with Giiant Pharma, Inc. for multiple oral drug candidates targeting inflammatory bowel disease.
- FOXO Technologies Inc. (NYSE:FOXO) gained 51.3% to $0.2164 after the company's FOXO LIFE subsidiary announced an agreement with Atrio, expanding its distribution through Atrio/Singular's sales network.
- iCoreConnect Inc. (NASDAQ:ICCT) shares climbed 46% to $9.83. iCoreConnect announced new version of its iCoreExchange encrypted HIPAA email and referral network.
- Marin Software Incorporated (NASDAQ:MRIN) rose 29% to $0.5535 after the company reported HubSpot integration.
- AeroVironment, Inc. (NASDAQ:AVAV) jumped 28.7% to $122.65 after the company reported better-than-expected results for its first quarter.
- FLJ Group Limited (NASDAQ:FLJ) shares jumped 23.1% to $0.2401. FLJ Group is scheduled to hold its 2023 annual general meeting on Sept. 18, 2023.
- Power REIT (NYSE:PW) gained 22.4% to $1.2550.
- Theratechnologies Inc. (NASDAQ:THTX) gained 19% to $1.2250.
- Cidara Therapeutics, Inc. (NASDAQ:CDTX) climbed 18.5% to $0.94 after Janssen elected to proceed under its license agreement relating to influenza candidate.
- Adamas One Corp. (NASDAQ:JEWL) gained 18.3% to $0.9105. Adamas One received Nasdaq notification of non-compliance with listing rule 5250(c)(1).
- 9F Inc. (NASDAQ:JFU) gained 15.3% to $2.8699.
- Mitek Systems, Inc. (NASDAQ:MITK) shares surged 15% to $13.00 after the company posted first-quarter results and raised FY23 guidance.
- NextGen Healthcare, Inc. (NASDAQ:NXGN) rose 14.5% to $23.54 after the company agreed to be acquired by Thoma Bravo for $23.95 per share in cash.
- Gogo Inc. (NASDAQ:GOGO) climbed 14.5% to $12.75. Gogo announced a $50 million share repurchase program.
- Northern Dynasty Minerals Ltd. (NYSE:NAK) gained 14.1% to $0.3125. Northern Dynasty's pebble project received positive assessment with strong economic prospects and benefits for Alaska.
- Anghami Inc. (NASDAQ:ANGH) climbed 13.1% to $0.95.
- Hitek Global Inc. (NASDAQ:HKIT) gained 11.5% to $30.50.
- Bridger Aerospace Group Holdings, Inc. (NASDAQ:BAER) jumped 9.6% to $7.68.
- System1, Inc. (NYSE:SST) rose 8.2% to $1.99. System1 confirmed receipt of non-binding indication of interest for Total Security Limited from Just Develop It.
- NeuBase Therapeutics, Inc. (NASDAQ:NBSE) shares gained 8% to $1.2403 after jumping over 22% on Tuesday.
- Roku, Inc. (NASDAQ:ROKU) gained 7.8% to $90.22 after the company disclosed plans to cut workforce by 10% and raised third-quarter revenue guidance above the consensus.
- TradeUP Acquisition Corp. (NASDAQ:UPTD) shares gained 7.5% to $13.75 after falling 42% on Tuesday.
Losers
- EZGO Technologies Ltd. (NASDAQ:EZGO) shares dipped 72.9% to $0.4767 after the company reported pricing of $10 million registered direct offering.
- Verb Technology Company, Inc. (NASDAQ:VERB) fell 29.7% to $2.25. Verb Technology Company shares jumped 347% on Tuesday after the completed and launched a technology integration and strategic relationship with global social media platform TikTok.
- The Alkaline Water Company Inc. (NASDAQ:WTER) dipped 26.7% to $0.4505.
- Lion Group Holding Ltd. (NASDAQ:LGHL) declined 26.2% to $2.17.
- Akoustis Technologies, Inc. (NASDAQ:AKTS) fell 25% to $1.2388. Akoustis Technologies reported fourth-quarter FY23 revenue growth of 60.2% year-on-year to $8.33 million, missing the consensus of $8.44 million.
- AMC Entertainment Holdings, Inc. (NYSE:AMC) tumbled 23% to $10.49 after the company entered an equity distribution agreement for up to 40 million shares at an at-the-market program.
- Clever Leaves Holdings Inc. (NASDAQ:CLVR) fell 22% to $3.23.
- Overstock.com, Inc. (NASDAQ:OSTK) fell 21.2% to $21.62. Bed Bath & Beyond, operated by Overstock.com, issued an update on its third-quarter performance.
- Helius Medical Technologies, Inc. (NASDAQ:HSDT) declined 21% to $7.96. Helius Medical Technologies recently gained compliance with all applicable NASDAQ listing criteria.
- Blue Star Foods Corp. (NASDAQ:BSFC) dipped 18.8% to $0.5349. Blue Star Foods said its soft-shell crab operations in South Carolina received a license renewal from the South Carolina Department of Natural Resources.
- CXApp Inc. (NASDAQ:CXAI) shares fell 18.5% to $3.9188 after jumping over 52% on Tuesday. CXApp announced AI-based augmented reality solution for RTO (Return To Office).
- 1847 Holdings LLC (NASDAQ:EFSH) declined 17.2% to $0.0769.
- Digital Brands Group, Inc. (NASDAQ:DBGI) fell 16.8% to $11.75 after jumping around 32% on Tuesday. The company announced the closure of its offering for the issuance and sale of 513,875 shares of common stock, fetching gross proceeds of approximately $5.0 million.
- SIGNA Sports United N.V. (NYSE:SSU) declined 16.4% to $0.6701.
- RVL Pharmaceuticals plc (NASDAQ:RVLP) shares fell 16.3% to $0.1165 after jumping 26% on Tuesday. RVL Pharmaceuticals announced a $5 million registered direct offering of 11,870,846 shares priced at $0.4212 per share.
- Applied Molecular Transport Inc. (NASDAQ:AMTI) fell 14.9% to $0.2012 after surging 30% on Tuesday.
- Axcella Health Inc. (NASDAQ:AXLA) fell 14.6% to $0.3031.
- NWTN Inc. (NASDAQ:NWTN) dropped 14.6% to $7.95.
- Asana, Inc. (NYSE:ASAN) shares declined 14.5% to $18.50. Asana reported upbeat results for its second quarter. The company said it sees FY24 adjusted loss of 42 cents to 39 cents per share and revenues of $642 million to $648 million.
- DocGo Inc. (NASDAQ:DCGO) fell 14% to $7.03.
- EpicQuest Education Group International Limited (NASDAQ:EEIQ) fell 12.3% to $1.21 after jumping 29% on Tuesday.
- First Wave BioPharma, Inc. (NASDAQ:FWBI) fell 12.2% to $0.3950 after jumping 55% on Tuesday.
- Photronics, Inc. (NASDAQ:PLAB) fell 11.1% to $20.89 after the company reported worse-than-expected third-quarter results owing to sluggish demand in some end markets.
- American Lithium Corp. (NASDAQ:AMLI) declined 9.9% to $1.4050.
- Xponential Fitness, Inc. (NYSE:XPOF) fell 8.3% to $20.63. Xponential Fitness issued three-year operating targets and issued strategic updates ahead of analyst and investor day.
- Core & Main, Inc. (NYSE:CNM) fell 7% to $29.40. Core & Main reported second-quarter FY23 sales of $1.861 billion flat year-over-year, missing the consensus of $1.88 billion.
- Snap Inc. (NYSE:SNAP) fell 6% to $9.82.
- Enbridge Inc. (NYSE:ENB) shares fell 5% to $33.53. Enbridge entered into three separate definitive agreements with Dominion Energy, Inc. to acquire EOG, Questar and PSNC for an aggregate purchase price of $14.0 billion.
- Telefónica, S.A. (NYSE:TEF) shares declined 3.8% to $4.0199. Saudi Telecom Co. bought a stake worth $2.25 billion in Telefónica.
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