Why Lands' End Are Trading Lower By 22%? Here Are Other Stocks Moving In Thursday's Mid-Day Session
Gainers
- Acer Therapeutics Inc. (NASDAQ:ACER) shares jumped 145% to $1.4850 after Zevra Therapeutics announced it will acquire the company. The transaction will have a total potential value for Acer stockholders of up to $91 million.
- 1847 Holdings LLC (NASDAQ:EFSH) surged 66.6% to $0.17. 1847 Holdings reported successful restructuring of promissory notes, with two institutional investors, totaling $1.75 million outstanding.
- iCoreConnect Inc. (OTC:ICCT) climbed 51.7% to $18.63 after jumping 119% on Wednesday. Last Friday, the company announced theclosing of its previously announced business combination with FG Merger Corp., a special purpose acquisition corporation (SPAC).
- Canopy Growth Corporation (NASDAQ:CGC) rose 31% to $0.59 after the HHS called for moving marijuana to a lower-risk drug category.
- noco-noco Inc. (NASDAQ:NCNC) gained 30% to $2.08 after falling 20% on Wednesday.
- Satixfy Communications Ltd. (NASDAQ:SATX) rose 27% to $0.6059 after the company announced a $60 million transaction with MDA.
- Longeveron Inc. (NASDAQ:LGVN) shares gained 25.6% to $3.0669.
- Upland Software, Inc. (NASDAQ:UPLD) gained 22% to $3.59.
- Intrusion Inc. (NASDAQ:INTZ) rose 20% to $0.8485.
- OpGen, Inc. (NASDAQ:OPGN) jumped 19.5% to $0.2091.
- Microvast Holdings, Inc. (NASDAQ:MVST) rose 18.3% to $2.14 after Janney Montgomery Scott initiated coverage on the stock with a Buy rating and $8 price target.
- cbdMD, Inc. (NASDAQ:YCBD) gained 17.5% to $1.21.
- Cue Health Inc. (NASDAQ:HLTH) rose 17.4% to $0.5181. Tarsadia Investments sent a letter to board of Cue Health, Inc, calls on board to take immediate action to prevent further destruction of stockholder value.
- Mesoblast Limited (NASDAQ:MESO) gained 16.5% to $1.6664 after the company reported better-than-expected FY23 EPS results. Additionally, Jefferies upgraded the stock from Hold to Buy.
- Caleres, Inc. (NYSE:CAL) jumped 15.5% to $28.58 after the company reported mixed second-quarter earnings and reiterated 2023 guidance.
- Ciena Corporation (NYSE:CIEN) gained 15% to $49.60 after the company reported upbeat third-quarter results.
- Tilray Brands, Inc. (NASDAQ:TLRY) rose 14% to $3.03 after the HHS called for moving marijuana to a lower-risk drug category.
- Okta, Inc. (NASDAQ:OKTA) shares surged 13% to $83.15 after the company reported better-than-expected second-quarter financial results and raised FY24 guidance above estimates.
- 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) gained 12.8% to $7.88 after the company reported mixed fourth-quarter results.
- Moving iMage Technologies, Inc. (NYSE:MITQ) gained 12.5% to $0.9786.
- Infinera Corporation (NASDAQ:INFN) jumped 12.2% to $4.7250.
- Titan Machinery Inc. (NASDAQ:TITN) surged 11.6% to $32.46 after the company reported better-than-expected second-quarter results.
- Academy Sports and Outdoors, Inc. (NASDAQ:ASO) gained 11.4% to $55.64 as the company reported a second-quarter FY23 sales decline of 6.2% year-on-year to $1.58 billion, in line with the analyst consensus estimate.
- Genesco Inc. (NYSE:GCO) jumped 11% to $32.39 after the company reported better-than-expected second-quarter results.
- CrowdStrike Holdings, Inc. (NASDAQ:CRWD) climbed 9.2% to $162.88 after the company reported better-than-expected second-quarter results and issued guidance above estimates.
- Veeva Systems Inc. (NYSE:VEEV) gained 8.1% to $208.18 after the company reported a second-quarter earnings beat and issued guidance above estimates. Several analysts raised their price targets on the stock following the report.
- Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) jumped 7.6% to $80.59 following strong quarterly results.
- Allarity Therapeutics, Inc. (NASDAQ:ALLR) shares gained 6.8% to $1.7305. The company published clinical data in a peer-reviewed journal late Wednesday.
Losers
- Axcella Health Inc. (NASDAQ:AXLA) shares dipped 29.1% to $0.2701 after falling 15% on Wednesday.
- AgileThought, Inc. (NASDAQ:AGIL) shares fell 27.7% to $0.2052 after jumping 83% on Wednesday.
- SeqLL Inc. (NASDAQ:SQL) fell 23.1% to $15.07.
- Lands' End, Inc. (NASDAQ:LE) declined 22.4% to $7.96 after the company reported worse-than-expected second-quarter results and issued weak guidance.
- VCI Global Limited (NASDAQ:VCIG) tumbled 22% to $4.41.
- GD Culture Group Limited (NASDAQ:GDC) fell 18% to $2.83.
- OKYO Pharma Limited (NASDAQ:OKYO) fell 15.2% to $2.1212 after dipping 18% on Wednesday. The company announced that it has enrolled and randomized 90% of the patients in its 240-patient Phase 2 clinical trial of OK-101 to treat dry eye disease.
- Starbox Group Holdings Ltd. (NASDAQ:STBX) dipped 15.2% to $2.45.
- Dollar General Corporation (NYSE:DG) declined 14.8% to $134.33. Dollar General reported second-quarter FY23 sales growth of 3.9% year-on-year to $9.80 billion, missing the analyst consensus of $9.92 billion.
- Duluth Holdings Inc. (NASDAQ:DLTH) dipped 13.6% to $6.34 after the company reported a year-over-year decrease in second-quarter EPS results and reiterated FY23 EPS guidance below estimates. Additionally, CFO Dave Loretta announced his decision to step down effective September 15.
- JanOne Inc. (NASDAQ:JAN) fell 12.5% to $0.5379.
- Hammerhead Energy Inc. (NASDAQ:HHRS) declined 12.2% to $11.05.
- Polestar Automotive Holding UK PLC (NASDAQ:PSNY) dipped 11.7% to $3.3825 after the company missed second-quarter analyst estimates.
- Digital Brands Group, Inc. (NASDAQ:DBGI) fell 11.6% to $10.06 after jumping 35% on Wednesday.
- Chewy, Inc. (NYSE:CHWY) shares tumbled 10.1% to $24.58 following second-quarter results.
- Top KingWin Ltd (NASDAQ:TCJH) shares fell 10% to $1.3501 after gaining 15% on Wednesday.
- SIGNA Sports United N.V. (NYSE:SSU) dipped 8.7% to $1.15.
- Beneficient (NASDAQ:BENF) fell 7.7% to $2.4750 after surging 28% on Wednesday.
- World Wrestling Entertainment, Inc. (NYSE:WWE) fell 7.6% to $101.69.
- Five Below, Inc. (NASDAQ:FIVE) shares fell 4.2% to $175.20. Five Below posted upbeat results for its second quarter, but issued weak outlook for the third quarter.
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