Why Maxeon Solar Technologies Are Trading Lower By Around 32%? Here Are Other Stocks Moving In Friday's Mid-Day Session
Gainers
- Amyris, Inc. (NASDAQ:AMRS) shares jumped 179.1% to $0.1839. Amyris shares dipped over 80% on Thursday after the company announced it filed for Chapter 11 bankruptcy.
- Rigetti Computing, Inc. (NASDAQ:RGTI) shares climbed 51.2% to $2.48 following a narrower-than-expected quarterly loss.
- Telesat Corporation (NASDAQ:TSAT) gained 47.2% to $12.44 after the company reported second-quarter results and tapped MDA under a $2.1 billion deal as prime satellite manufacturer of advanced Telesat Lightspeed Low Earth Orbit constellation.
- Proterra Inc. (NASDAQ:PTRA) jumped 37% to $0.1442 on continued volatility after the company announced it filed for Chapter 11 bankruptcy.
- Ouster, Inc. (NYSE:OUST) gained 28.8% to $6.57 after the company reported better-than-expected second-quarter financial results and issued Q3 revenue guidance.
- Evolv Technologies Holdings, Inc. (NASDAQ:EVLV) jumped 24.3% to $7.24 after the company reported better-than-expected second-quarter financial results and raised FY23 revenue guidance above estimates.
- Millennium Group International Holdings Limited (NASDAQ:MGIH) gained 24% to $3.08.
- Innodata Inc. (NASDAQ:INOD) shares gained 23.9% to $13.22 after the company posted a narrower quarterly loss.
- Apyx Medical Corporation (NASDAQ:APYX) rose 23% to $5.18 following quarterly results.
- IonQ, Inc. (NYSE:IONQ) climbed 22% to $17.31 after the company reported second-quarter financial results.
- Lottery.com Inc. (NASDAQ:LTRY) rose 21.3% to $6.15.
- 2U, Inc. (NASDAQ:TWOU) climbed 20.5% to $3.7615.
- Groupon, Inc. (NASDAQ:GRPN) rose 20% to $9.12. Goldman Sachs and Credit Suisse raised their price targets on the stock.
- Bitdeer Technologies Group (NASDAQ:BTDR) gained 19.8% to $ 11.12 following quarterly results.
- MicroCloud Hologram Inc. (NASDAQ:HOLO) climbed 19.2% to $3.2055.
- Tango Therapeutics, Inc. (NASDAQ:TNGX) gained 18.8% to $7.77. HC Wainwright & Co. maintained Tango Therapeutics with a Buy and raised the price target from $11 to $16.
- Eton Pharmaceuticals, Inc. (NASDAQ:ETON) shares rose 17.9% to $3.0650 after posting upbeat second-quarter results.
- ModivCare Inc. (NASDAQ:MODV) gained 16.6% to $42.31. ModivCare Director Adam Gray acquired a total of 435,893 shares at an average price of $35.74.
- WeWork Inc. (NYSE:WE) shares rose 16.4% to $0.2157 after jumping 43% on Thursday. The stock has been volatile after the company recently said there was substantial doubt over its ability to stay in business.
- Arco Platform Limited (NYSE:ARCE) gained 15.5% to $13.81 after the company announced it signed an agreement to go private at $14 per share in cash.
- Semler Scientific, Inc. (NASDAQ:SMLR) gained 14.4% to $26.86 after the company reported better-than-expected second-quarter financial results.
- Soho House & Co Inc. (NYSE:SHCO) rose 14.4% to $ 7.00 after the company reported better-than-expected quarterly financial results and updated guidance.
- CleanSpark, Inc. (NASDAQ:CLSK) gained 13.8% to $6.67 after the company reported better-than-expected third-quarter EPS results.
- Consolidated Water Co. Ltd. (NASDAQ:CWCO) rose 13.3% to $23.02. Consolidated Water reported a second-quarter revenue increase of 110% year-over-year to $44.2 million, beating estimates of $30.27 million.
- Apellis Pharmaceuticals, Inc. (NASDAQ:APLS) rose 12.8% to $30.49.
- Pagaya Technologies Ltd. (NASDAQ:PGY) gained 12.5% to $2.6010 after the company reported better-than-expected second-quarter sales results.
- Erasca, Inc. (NASDAQ:ERAS) rose 11.3% to $2.8950 following second-quarter results.
- NextNav Inc. (NASDAQ:NN) gained 10.3% to $4.17 after the company reported second-quarter financial results.
- Holley Inc. (NYSE:HLLY) rose 7.4% to $7.98 as the company reported strong earnings for the second quarter and raised its FY23 guidance.
Losers
- Cano Health, Inc. (NYSE:CANO) dipped 70.7% to $0.4452 after the company reported worse-than-expected second-quarter financial results, withdrew its guidance and said it is pursuing a sale process. The company also expressed doubt over its ability to continue as a going concern.
- Yield10 Bioscience, Inc. (NASDAQ:YTEN) shares fell 58.1% to $0.4229 after the company announced pricing of a $3.7 million public offering.
- LQR House Inc. (NASDAQ:LQR) fell 42.3% to $2.25 after declining 22% on Thursday.
- Imperial Petroleum Inc. (NASDAQ:IMPP) dipped 36% to $1.6214 after the company announced the pricing of approximately $17 million of its units in a registered direct offering at a price of $2 per unit.
- Atreca, Inc. (NASDAQ:BCEL) fell 35.3% to $0.5691 after the company reported second-quarter financial results. Additionally, HC Wainwright downgraded the stock from Buy to Neutral, while Stifel downgraded the stock from Buy to Hold and lowered its price target from $4 to $1.
- Inotiv, Inc. (NASDAQ:NOTV) declined 34.8% to $4.17 after the company announced third-quarter revenue results and issued FY23 revenue guidance below estimates.
- Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN) fell 32% to $15.15 after the company reported mixed second-quarter financial results and issued FY23 revenue guidance below estimates.
- Science 37 Holdings, Inc. (NASDAQ:SNCE) dipped 29.6% to $0.4140.
- Forward Air Corporation (NASDAQ:FWRD) fell 28% to $74.71 after multiple analysts downgraded the stock. The company on Thursday announced a merger with Omni Logistics.
- Southland Holdings, Inc. (NASDAQ:SLND) declined 27.7% to $5.81 after the company reported preliminary second-quarter revenue below the consensus estimate.
- Kezar Life Sciences, Inc. (NASDAQ:KZR) fell 25.8% to $1.5208 after the company reported a year-over-year decrease in second-quarter EPS results. Also, Wells Fargo downgraded the stock from Overweight to Equal-Weight, while HC Wainwright lowered its price target from $19 to $18 on the stock.
- One Stop Systems, Inc. (NASDAQ:OSS) fell 25.7% to $2.39 after the company reported worse-than-expected second-quarter revenue results and issued third-quarter revenue guidance below estimates. Additionally, multiple firms downgraded the stock and lowered their respective price targets.
- Black Spade Acquisition Co (NYSE:BSAQ) declined 23.7% to $14.12.
- OpGen, Inc. (NASDAQ:OPGN) fell 23.3% to $0.2597 after the company reported worse-than-expected second-quarter EPS results.
- Mammoth Energy Services, Inc. (NASDAQ:TUSK) fell 22.2% to $4.28 after the company reported worse-than-expected second-quarter financial results.
- Plus Therapeutics, Inc. (NASDAQ:PSTV) dipped 20.8% to $2.50. Plus Therapeutics reported ReSPECT-LM Phase 1 trial data at the 2023 SNO/ASCO CNS Cancer Conference.
- Nuburu, Inc. (NYSE:BURU) fell 20.7% to $0.59 after the company reported second-quarter financial results and reiterated FY23 revenue guidance.
- Virios Therapeutics, Inc. (NASDAQ:VIRI) declined 20.4% to $0.86.
- HireQuest, Inc. (NASDAQ:HQI) fell 20.2% to $19.50 after the company reported worse-than-expected second quarter financial results.
- The Joint Corp. (NASDAQ:JYNT) fell 18.6% to $10.29 after the company reported posted operating highlights for the second quarter.
- Beneficient (NASDAQ:BENF) fell 16.9% to $1.9850.
- Xiao-I Corporation (NASDAQ:AIXI) fell 16.4% to $6.72.
- Velo3D, Inc. (NYSE:VLD) shares fell 15.2% to $1.5350 after the company reported worse-than-expected second-quarter financial results and announced an offering of $70 million of senior secured convertible notes.
- Marinus Pharmaceuticals, Inc. (NASDAQ:MRNS) declined 15% to $6.71.
- Amprius Technologies, Inc. (NYSE:AMPX) fell 13.8% to $5.71 after the company reported second-quarter financial results.
- Genelux Corporation (NASDAQ:GNLX) declined 13.3% to $23.25.
- Applied Optoelectronics, Inc. (NASDAQ:AAOI) declined 11.6% to $12.76.
- Liquidia Corporation (NASDAQ:LQDA) fell 11.4% to $6.99. HC Wainwright & Co. reiterated Liquidia with a Buy and maintained a $16 price target.
- Pineapple Energy Inc. (NASDAQ:PEGY) fell 9.8% to $1.2093 after the company reported second-quarter financial results.
- Super Micro Computer, Inc. (NASDAQ:SMCI) fell 9% to $252.29 on continued volatility following the company's recent earnings report.
- LivePerson, Inc. (NASDAQ:LPSN) tumbled 9% to $5.14.
- Mogo Inc. (NASDAQ:MOGO) fell 8.6% to $0.6937. Mogo announced a 3:1 share consolidation.
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