Why Grab Holdings Are Trading Higher By 9%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session
Gainers
- AgileThought, Inc. (NASDAQ:AGIL) jumped 85.5% to $0.3941. AgileThought recently posted a loss for the second quarter.
- VCI Global Limited (NASDAQ:VCIG) shares climbed 76% to $6.60 after the company announced a collaboration with Microsoft Azure OpenAI.
- iTeos Therapeutics, Inc. (NASDAQ:ITOS) shares gained 44.3% to $16.95 following release of Roche NSCLC data.
- Apellis Pharmaceuticals, Inc. (NASDAQ:APLS) climbed 38.5% to $42.31 after the company said events of retinal vasculitis in treatment with SYFOVRE were rare, with an estimated real-world rate of 0.01% per injection.
- MicroCloud Hologram Inc. (NASDAQ:HOLO) surged 34.4% to $7.87.
- Arcus Biosciences, Inc. (NYSE:RCUS) shares gained 27.4% to $23.97. Arcus Biosciences recently posted downbeat quarterly results.
- Cheetah Net Supply Chain Service Inc. (NASDAQ:CTNT) climbed 24.2% to $3.1062.
- Abercrombie & Fitch Co. (NYSE:ANF) gained 23.4% to $50.82 after the company reported better-than-expected second-quarter results. The company also reported a decline in inventories and raised its FY23 sales growth outlook.
- Hitek Global Inc. (NASDAQ:HKIT) shares rose 21.3% to $33.78 after jumping 24% on Tuesday.
- Kaival Brands Innovations Group, Inc. (NASDAQ:KAVL) jumped 18.7% to $0.5226.
- Tingo Group, Inc. (NASDAQ:TIO) jumped 17% to $1.0299. Tingo Group recently announced that it postponed its Q2 earnings release, conference call and the filling of its Form 10-Q.
- BioNexus Gene Lab Corp. (NASDAQ:BGLC) shares gained 15.5% to $1.5950 after jumping 30% on Tuesday.
- Waldencast plc (NASDAQ:WALD) rose 14.8% to $8.56.
- Heliogen, Inc. (NYSE:HLGN) shares surged 12.8% to $0.2381. Heliogen was granted U.S. patent #11732928 for "Receiver for Capturing Solar Energy."
- ScanSource, Inc. (NASDAQ:SCSC) rose 12.6% to $31.39. Northcoast Research upgraded ScanSource from Neutral to Buy.
- ACM Research, Inc. (NASDAQ:ACMR) gained 12.3% to $16.43.
- Williams-Sonoma, Inc. (NYSE:WSM) jumped 10.7% to $138.51 following second-quarter results.
- Alarum Technologies Ltd. (NASDAQ:ALAR) gained 10.5% to $2.64. Alarum Technologies is expected to release its financial results for the second quarter on Aug. 24, 2023.
- Grab Holdings Limited (NASDAQ:GRAB) jumped 9% to $3.64 after the company reported better-than-expected second-quarter earnings and raised annual adjusted EBITDA outlook.
- Groupon, Inc (NASDAQ:GRPN) rose 8.6% to $11.40.
- Toll Brothers, Inc. (NYSE:TOL) gained 3.7% to $78.74 as the company reported upbeat results for its third quarter. The company expects to deliver between 2,650 and 2,750 units in the fourth quarter, up from 2,524 in the third quarter.
- Urban Outfitters, Inc. (NASDAQ:URBN) gained 3.4% to $35.24 as the company reported better-than-expected second-quarter earnings. Its total inventory decreased by 15.9% year-over-year as of July 31.
Losers
- Bruush Oral Care Inc. (NASDAQ:BRSH) shares fell 41.8% to $2.02. Brüush Oral Care recently reported a 1-for-25 reverse stock split.
- Foot Locker, Inc. (NYSE:FL) fell 34.4% to $15.18 after the company reported a second-quarter revenue miss and an 11% rise in inventories. The company also lowered its gross margin guidance, citing more aggressive markdowns.
- Orbital Infrastructure Group, Inc. (NASDAQ:OIG) fell 29% to $1.2737. Orbital Infrastructure received Nasdaq Delinquency letter regarding late filing of quarterly report on form 10-Q.
- Ideanomics, Inc. (NASDAQ:IDEX) declined 26.2% to $0.0391. The company announced a 1-for-125 reverse stock split.
- Sunlight Financial Holdings Inc. (NYSE:SUNL) fell 24% to $2.05. Sunlight Financial recently announces a 1-for-20 reverse stock split.
- Peloton Interactive, Inc. (NASDAQ:PTON) declined 23.6% to $5.34 after the company reported mixed fourth-quarter results and a quarterly decline in Connected Fitness subscribers. The company also issued soft Q1 revenue guidance.
- Tivic Health Systems, Inc. (NASDAQ:TIVC) fell 23.1% to $3.02 after the company announced a 1-for-100 reverse stock split.
- Axcella Health Inc. (NASDAQ:AXLA) fell 19.5% to $0.14.
- Foremost Lithium Resource & Technology Ltd. (NASDAQ:FMST) declined 18% to $3.50.
- AMC Entertainment Holdings, Inc. (NYSE:AMC) fell 17.6% to $2.1001 ahead of a 10-to-1 reverse stock split scheduled to take effect Thursday. AMC Preferred Equity Units will be converted to AMC common stock the following day.
- MediaCo Holding Inc. (NASDAQ:MDIA) declined 15.5% to $0.6748.
- Tian Ruixiang Holdings Ltd (NASDAQ:TIRX) fell 13.5% to $1.34 after gaining 8% on Tuesday.
- Crown ElectroKinetics Corp. (NASDAQ:CRKN) fell 13.2% to $1.4850. Crown Electrokinetics recently announced a 1-for-60 reverse stock split.
- Society Pass Incorporated (NASDAQ:SOPA) shares fell 12.7% to $0.4005 after declining 12% on Tuesday. Society Pass said on Aug. 21, that the company entered into sales agreement with Ascendiant Capital Markets for offering of up to $10 million common stock.
- China Pharma Holdings, Inc. (NYSE:CPHI) fell 11.7% to $0.2604 after gaining 6% on Tuesday.
- GRI Bio, Inc. (NASDAQ:GRI) fell 11.6% to $2.34. GRI Bio entered into $80 million asset purchase agreement with Aardvark Therapeutics for the sale of Legacy Asset, ADAIR.
- EBET, Inc. (NASDAQ:EBET) fell 10.9% to $0.0499 after declining around 15% on Tuesday.
- Definitive Healthcare Corp. (NASDAQ:DH) fell 9.7% to $9.18.
- Lancaster Colony Corporation (NASDAQ:LANC) declined 9.6% to $165.25 after the company reported worse-than-expected fourth-quarter results.
- Premier, Inc. (NASDAQ:PINC) fell 8.1% to $22.09. Premier reported fourth-quarter 2023 revenue of $340.4 million, missing the consensus of $356.3 million.
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