Why KeyCorp Shares Are Trading Lower By Over 5%? Here Are Other Stocks Moving In Thursday's Mid-Day Session
Shares of KeyCorp (NYSE:KEY) moved lower during Thursday’s session after the company reported fourth-quarter financial results.
Revenues of $1.538 billion, down 19.0% Y/Y, slightly topped the consensus of $1.532 billion. Adjusted EPS of 25 cents topped the street view of 23 cents.
KeyCorp shares fell 5.4% to $13.10 on Thursday.
Here are some other stocks moving in today's mid-day session.
Gainers
- Lytus Technologies Holdings PTV. Ltd. (NASDAQ:LYT) shares jumped 92.8% to $0.1824 after falling 5% on Wednesday.
- Agrify Corporation (NASDAQ:AGFY) shares jumped 90% to $2.2401. Agrify said it entered into first Hydrocarbon Extraction Lab & Vertical Farming unit facility in California.
- Phunware, Inc. (NASDAQ:PHUN) shares jumped 67.9% to $0.2730. Phunware shares dipped 61% on Wednesday after the company announced pricing of a $7 million registered direct offering price at-the-market under Nasdaq rules.
- Celularity Inc. (NASDAQ:CELU) shares surged 43.4% to $0.2705 after falling more than 5% on Wednesday.
- Marpai, Inc. (NASDAQ:MRAI) shares jumped 34.4% to $1.1359 after declining over 8% on Wednesday. Marpai recently named John Powers as President.
- Akoustis Technologies, Inc. (NASDAQ:AKTS) gained 21.7% to $0.7698.
- Baijiayun Group Ltd (NASDAQ:RTC) gained 18.8% to $3.73.
- M.D.C. Holdings, Inc. (NYSE:MDC) rose 18.2% to $62.76 after the company announced it will be acquired by Sekisui House.
- CURO Group Holdings Corp. (NYSE:CURO) gained 15.7% to $0.8499.
- Lexeo Therapeutics, Inc. (NASDAQ:LXEO) rose 13% to $19.58.
- Aurora Technology Acquisition Corp. (NASDAQ:ATAK) gained 13% to $4.79.
- Acasti Pharma Inc. (NASDAQ:ACST) jumped 12.4% to $2.45.
- Dada Nexus Limited (NASDAQ:DADA) gained 11.8% to $1.6750. Dada Nexus recently announced that it discovered suspicious practices in an internal audit.
- Cadrenal Therapeutics, Inc. (NASDAQ:CVKD) surged 11.8% to $0.9499 after gaining over 7% on Wednesday.
- Lanvin Group Holdings Limited (NYSE:LANV) jumped 9.3% to $2.5901.
- LiveRamp Holdings, Inc. (NYSE:RAMP) gained 9.2% to $40.30. LiveRamp Holdings said it sees preliminary third-quarter revenue of $174 million and announced plans to acquire Habu.
- Roma Green Finance Limited (NASDAQ:ROMA) surged 8.8% to $1.24 after tumbling over 70% on Wednesday.
- Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) gained 8.1% to $111.26 after the company reported better-than-expected fourth-quarter financial results.
- Hertz Global Holdings, Inc. (NASDAQ:HTZ) gained 7.1% to $8.95 after Morgan Stanley upgraded the stock from Equal-Weight to Overweight but cut its price target form $16 to $15.
Losers
- Aravive, Inc. (NASDAQ:ARAV) shares dipped 50.9% to $0.0542. Aravive intends to voluntarily terminate the listing of its common stock on the Nasdaq Global Select Market.
- Processa Pharmaceuticals, Inc. (NASDAQ:PCSA) fell 28.7% to $0.1975. Processa Pharmaceuticals said it will effect a 1-for-20 reverse stock split.
- Newcourt Acquisition Corp (NASDAQ:NCAC) shares fell 27.3% to $8.43 after gaining around 12% on Wednesday.
- Cano Health, Inc. (NYSE:CANO) dipped 26.4% to $1.76.
- eHealth, Inc. (NASDAQ:EHTH) fell 23.3% to $5.36. Craig-Hallum analyst George Sutton downgraded eHealth from Buy to Hold.
- ZyVersa Therapeutics, Inc. (NASDAQ:ZVSA) declined 23% to $0.53. ZyVersa Therapeutics recently announced the publication of an article in the peer-reviewed journal Acta Neuropathologica Communications, demonstrating that inflammasome activation enhances cancer metastasis to the brain in women with triple-negative breast cancer (TNBC).
- ProQR Therapeutics N.V. (NASDAQ:PRQR) fell 20.4% to $2.2678.
- Li-Cycle Holdings Corp. (NYSE:LICY) declined 18.5% to $0.4251.
- LuxUrban Hotels Inc. (NASDAQ:LUXH) fell 18% to $3.5430. LuxUrban responded to allegations in short seller report, highlighting mischaracterizations and speculation.
- Nuvve Holding Corp. (NASDAQ:NVVE) shares fell 18.2% to $0.0830. Nuvve Holding will effect 1-for-40 reverse stock split, to be effective Jan. 19, 2024.
- Zoomcar Holdings, Inc. (NASDAQ:ZCAR) fell 16.8% to $4.25. Zoomcar recently appointed Adarsh Menon as President.
- QuantaSing Group Limited (NASDAQ:QSG) declined 16.4% to $2.5410. QuantaSing said it launched private label Chinese Baijiu brand YUNTING.
- Cutera, Inc. (NASDAQ:CUTR) fell 16% to $3.0601. Cutera recently reported preliminary FY23 revenue guidance above prior estimates.
- Airspan Networks Holdings Inc. (NASDAQ:MIMO) shares declined 13.5% to $0.1900. Airspan shares jumped 186% on Wednesday after the company announced a partnership with GCT Semiconductor to develop an RF module.
- Spirit Airlines, Inc. (NYSE:SAVE) fell 12.2% to $5.39 on continued downward momentum after a federal judge blocked JetBlue Airways from acquiring the company. Citigroup analyst Stephen Trent downgraded Spirit Airlines from Neutral to Sell and lowered the price target from $13 to $4.
- Plug Power Inc. (NASDAQ:PLUG) shares dipped 12.1% to $2.4050 after the company announced it entered into an at market issuance sales agreement with B. Riley Securities for a common stock offering of up to $1 billion.
- Meta Materials Inc. (NASDAQ:MMAT) shares declined 11.8% to $0.0673 after gaining 5% on Wednesday.
- Humana Inc. (NYSE:HUM) fell 11.5% to $396.49 after the company issued soft 2023 adjusted EPS guidance.
- Fortuna Silver Mines Inc. (NYSE:FSM) declined 11.2% to $3.14. Fortuna Silver Mines said fourth-quarter gold equivalent production rose 6% sequentially, while silver production fell 19% quarter-over-quarter.
- Sify Technologies Limited (NASDAQ:SIFY) dipped 10.8% to $1.56 after the company reported worse-than-expected third-quarter sales results.
- Nukkleus Inc. (NASDAQ:NUKK) fell 9.4% to $1.2510 after falling 6% on Wednesday. Nukkleus announced its intention to expand its investment in Jacobi Asset Management, known for sponsoring Europe’s first approved Bitcoin spot ETF.
- Mersana Therapeutics, Inc. (NASDAQ:MRSN) dipped 8.3% to $2.65.
- Discover Financial Services (NYSE:DFS) fell 6.9% to $101.22 after the company reported a 62% plunge in its profit for the fourth quarter on Wednesday.
- U.S. Bancorp (NYSE:USB) slipped 3.7% to $39.31.
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