Why JD.com Shares Are Trading Lower By Around 9%? Here Are Other Stocks Moving In Thursday's Mid-Day Session

Gainers

• Ocean Biomedical, Inc. (NASDAQ:OCEA) shares climbed 62.3% to $7.61 after the company shared detailed research data on anti-tumor pathway discoveries and their potential for treatment of non-small cell lung cancer, metastatic melanoma, and glioblastoma by Scientific Co-founder, Dr. Jack A. Elias, MD.
• Toro Corp. (NASDAQ:TORO) shares climbed 53.2% to $5.90.
• Unicycive Therapeutics, Inc. (NASDAQ:UNCY) gained 36% to $2.21. EF Hutton initiated coverage on Unicycive Therapeutics with a Buy rating and announced a price target of $5.
• Holley Inc. (NYSE:HLLY) surged 32% to $2.6099 following Q4 results.
• Intuitive Machines, Inc. (NASDAQ:LUNR) rose 30.3% to $13.37
• Solo Brands, Inc. (NYSE:DTC) gained 28.1% to $5.15 after the company announced better-than-expected Q4 results.
• Biophytis S.A. (NASDAQ:BPTS) rose 27.9% to $0.6460 after the company said it will present results of the phase 2-3 COVA study with Sarconeos (BIO101) in severe COVID-19 at the European Respiratory Society 2023 21st Lung Science Conference taking place in Estoril, Portuga.
• Neoleukin Therapeutics, Inc. (NASDAQ:NLTX) shares rose 26.3% to $0.6703. Neoleukin Therapeutics engaged SVB Securities to assist in reviewing strategic alternatives. The company also approved a further corporate restructuring to preserve cash, including reducing its workforce by approximately 70%.
• Asana, Inc. (NYSE:ASAN) rose 26.3% to $22.48 as the company reported better-than-expected Q4 results and issued strong forecast for the current quarter.
• Build-A-Bear Workshop, Inc. (NYSE:BBW) gained 22.5% to $25.23 after the company reported fourth-quarter FY22 sales growth of 11.6% year-on-year to $145.11 million, beating the consensus of $137.54 million.
• KLX Energy Services Holdings, Inc. (NASDAQ:KLXE) jumped 21.4% to $16.48 following Q4 results.
• BYND Cannasoft Enterprises Inc. (NASDAQ:BCAN) rose 19.8% to $4.36 after gaining over 9% on Wednesday.
• Avenue Therapeutics, Inc. (NASDAQ:ATXI) shares rose 19.4% to $1.2425 after the company issued regulatory update on IV Tramadol and other corporate updates.
• Kaival Brands Innovations Group, Inc. (NASDAQ:KAVL) gained 18.6% to $0.7899. Kaival Brands signed an agreement with a prominent national broker, increasing potential distribution by upwards of 40,000 retail stores.
• Townsquare Media, Inc. (NYSE:TSQ) gained 18% to $8.56 following strong quarterly results.
• Paysafe Limited (NYSE:PSFE) jumped 15.7% to $23.49. Paysafe reported a fourth-quarter FY22 revenue growth of 3% year-on-year to $383.6 million, beating the consensus of $376.1 million.
• Stabilis Solutions, Inc. (NASDAQ:SLNG) gained 15.6% to $3.5605 after posting a profit for the fourth quarter.
• Duluth Holdings Inc. (NASDAQ:DLTH) jumped 14.7% to $7.09 following upbeat quarterly earnings.
• Finch Therapeutics Group, Inc. (NASDAQ:FNCH) gained 14.6% to $0.4599.
• FuelCell Energy, Inc. (NASDAQ:FCEL) jumped 13.9% to $3.76 after the company reported better-than-expected Q1 EPS and sales results.
• Versus Systems Inc. (NASDAQ:VS) shares rose 13.4% to $0.6799. Versus Systems, last month, announced a $2.25 million registered direct offering.
• Assertio Holdings, Inc. (NASDAQ:ASRT) gained 13% to $6.74 following strong quarterly sales.
• Miller Industries, Inc. (NYSE:MLR) jumped 11.8% to $30.40 after reporting a rise in Q4 earnings.
• Troika Media Group, Inc. (NASDAQ:TRKA) rose 11.4% to $0.3820 after dipping around 39% on Wednesday. Troika Media recently reported revenue of $187.91 million for the six months ended FY22, up from $15.34 million a year ago.
• Sovos Brands, Inc. (NASDAQ:SOVO) gained 11.4% to $14.66 after the company reported better-than-expected Q4 results and issued strong FY23 guidance.
• Docebo Inc. (NASDAQ:DCBO) gained 10.2% to $39.41 following upbeat quarterly earnings.
• Nuvei Corporation (NASDAQ:NVEI) jumped 8.4% to $39.47. Credit Suisse upgraded Nuvei from Neutral to Outperform and raised the price target from $37 to $45.

Losers

• InVivo Therapeutics Holdings Corp. (NASDAQ:NVIV) shares dipped 48.2% to $1.0873 after the company announced topline data from its INSPIRE 2.0 study in acute spinal cord injury, in which the primary endpoint was not met.
• SVB Financial Group (NASDAQ:SIVB) fell 37.4% to $167.36 after the parent of Silicon Valley Bank announced proposed offerings of common stock and convertible preferred stock.
• Silvergate Capital Corporation (NYSE:SI) shares fell 28.7% to $3.60 after the company announced it will wind down operations and voluntarily liquidate Silvergate Bank.
• Akebia Therapeutics, Inc. (NASDAQ:AKBA) dipped 23% to $0.7931 following Q4 results.
• Titan Medical Inc. (NASDAQ:TMDI) fell 22.2% to $0.1479 after the company reported decision of Nasdaq Hearings Panel to delist common shares.
• Stagwell Inc. (NASDAQ:STGW) dropped 20.9% to $6.95 after the company announced the launch of a 16 million share secondary offering of common stock.
• Predictive Oncology Inc. (NASDAQ:POAI) fell 18% to $0.3361.
• Fulcrum Therapeutics, Inc. (NASDAQ:FULC) fell 17.3% to $5.18. Fulcrum Therapeutics posted a Q4 loss of $0.50 per share.
• PacWest Bancorp (NASDAQ:PACW) dipped 16.9% to $22.17.
• VSE Corporation (NASDAQ:VSEC) fell 16.7% to $47.17 following weak quarterly results.
• Elys Game Technology, Corp. (NASDAQ:ELYS) tumbled 16.7% to $0.5241.
• John Wiley & Sons, Inc. (NYSE:WLY) fell 15.7% to $36.65 after posting downbeat quarterly results.
• Arhaus, Inc. (NASDAQ:ARHS) dipped 14.7% to $10.92 following Q4 results.
• Kronos Worldwide, Inc. (NYSE:KRO) dropped 14.6% to $9.32 following Q4 results.
• Novo Integrated Sciences, Inc. (NASDAQ:NVOS) shares fell 14.5% to $0.1650 after dropping 5% on Wednesday.
• Helen of Troy Limited (NASDAQ:HELE) dropped 10.3% to $102.63. Helen of Troy announced resignation of CFO Matt Osberg.
• Exela Technologies, Inc. (NASDAQ:XELA) fell 9.3% to $0.0624 after gaining 12% on Wednesday.
• JD.com, Inc. (NASDAQ:JD) fell 8.8% to $42.87 after the company Q4 financial results.
• Borqs Technologies, Inc. (NASDAQ:BRQS) fell 8.5% to $0.2633. Borqs Technologies shares gained 17% on Wednesday after the company announced a contract to develop and manufacture an Android 5G rugged waterproof handheld device.
• MongoDB, Inc. (NASDAQ:MDB) shares dropped 7.1% to $212.89 after the company issued weak revenue guidance.
• Etsy, Inc. (NASDAQ:ETSY) fell 4% to $108.62 after Jefferies downgraded the stock from Buy to Underperform and lowered the price target from $150 to $85.

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