Why Shares of Solar Companies Are Trading Higher? 64 Stocks Moving In Thursday's Mid-Day Session
$AMPS
$ARDS
$ARRY
$ATHX
Electric Utilities: Central
Utilities
Biotechnology: Pharmaceutical Preparations
Health Care
Gainers
- Petros Pharmaceuticals, Inc. (NASDAQ:PTPI) gained 231% to $2.63 on news that the company will be acquired By Henry Crown and Company for $3.25 per share. Petros Pharmaceuticals, however, confirmed that a press release regarding a purported acquisition of the company was fraudulent and not issued by the Company.
- Athersys, Inc. (NASDAQ:ATHX) jumped 64.2% to $0.3130 after gaining 10% on Wednesday. Athersys is expected to release its Q2 financial results on Thursday, August 11, 2022.
- SKYX Platforms Corp. (NASDAQ:SKYX) surged 43.7% to $6.00. Benchmark initiated coverage on SKYX Platforms with a Buy rating and announced a price target of $15.
- Aridis Pharmaceuticals, Inc. (NASDAQ:ARDS) rose 35% to $1.89.
- JAKKS Pacific, Inc. (NASDAQ:JAKK) shares gained 33% to $22.71 after the company reported better-than-expected Q2 results.
- Avalon GloboCare Corp. (NASDAQ:AVCO) rose 29% to $0.6213. Avalon Globocare, last month, filed for mixed shelf of up to $50 million.
- Better Therapeutics, Inc. (NASDAQ:BTTX) jumped 28.2% to $1.95 after the company completed its clinical trial for BT-001, an investigational prescription digital therapeutic that is designed to use nCBT to treat type 2 diabetes.
- TPI Composites, Inc. (NASDAQ:TPIC) shares gained 27.3% to $15.43. TPI Composites is expected to release its Q2 results after the market close on Wednesday, August 3rd, 2022.
- Wingstop Inc. (NASDAQ:WING) gained 26.1% to $125.72 after the company reported better-than-expected Q2 EPS results and issued FY22 EPS guidance above estimates.
- ToughBuilt Industries, Inc. (NASDAQ:TBLT) gained 24.4% to $5.69 after the company entered into an agreement with Ace Hardware USA to sell 35 products across 5,500 stores.
- Revelation Biosciences, Inc. (NASDAQ:REVB) rose 21.9% to $0.6111. Revelation Biosciences recently announced pricing of a $5 million public offering.
- Performance Shipping Inc. (NASDAQ:PSHG) rose 21.7% to $0.2920 after the company entered into a time charter contract with Teekay Chartering Limited, with a gross charter rate of $23,000 per day for a period of roughly 24 months.
- Sunnova Energy International Inc. (NYSE:NOVA) rose 21.3% to $23.63 after the company reported better-than-expected Q2 sales results.
- Plug Power Inc. (NASDAQ:PLUG) gained 21% to $20.78 after Senator Joe Manchin reversed his opposition to a bill that includes provisions to address climate change.
- NETGEAR, Inc. (NASDAQ:NTGR) rose 20.4% to $24.43 after the company reported better-than-expected Q2 EPS and sales results. Following earnings, BWS Financial upgraded the stock from Neutral to Buy.
- Q&K International Group Limited (NASDAQ:QK) jumped 19.9% to $1.6904.
- Sunrun Inc. (NASDAQ:RUN) rose 19.6% to $23.63 alongside Sunnova Energy International after the company reported strong top-line financial results and reaffirmed guidance.
- Stem, Inc. (NASDAQ:STEM) climbed 18.1% to $10.31.
- Comera Life Sciences Holdings, Inc. (NASDAQ:CMRA) rose 18% to $3.7799.
- FTC Solar, Inc. (NASDAQ:FTCI) jumped 18% to $4.8850.
- Fluence Energy, Inc. (NASDAQ:FLNC) gained 17.7% to $11.78.
- First Solar, Inc. (NASDAQ:FSLR) jumped 17% to $89.78. Shares of solar companies traded higher in sympathy with Sunnova, which reported better-than-expected Q2 sales.
- Bloom Energy Corporation (NYSE:BE) rose 16.3% to $20.01. Alphabet reported downbeat earnings for its second quarter on Tuesday. However, revenue for the company’s Search and Other segment was $40.7 billion, up 13.7% year-over-year.
- Broadwind, Inc. (NASDAQ:BWEN) gained 15.6% to $1.79. The company is expected to issue Q2 results before the market opens on August 9, 2022.
- RealNetworks, Inc. (NASDAQ:RNWK) jumped 15.5% to $0.67 after the company announced an agreement to merge with and into Greater Heights. The company's outstanding shares will be converted into the right to receive cash consideration of $0.73 per share.
- Array Technologies, Inc. (NASDAQ:ARRY) surged 15.3% to $15.03.
- Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN) rose 15.2% to $13.09 after gaining around 4% on Wednesday.
- Constellation Energy Corporation (NASDAQ:CEG) gained 14.7% to $63.72.
- Hertz Global Holdings, Inc. (NASDAQ:HTZ) jumped 14.5% to $19.94 after the company reported better-than-expected Q2 EPS results. The company also authorized a $2 billion buyback.
- Meihua International Medical Technologies Co., Ltd. (NASDAQ:MHUA) gained 13.6% to $3.35.
- Dunxin Financial Holdings Limited (NYSE:DXF) jumped 13.5% to $0.4997.
- Azure Power Global Limited (NYSE:AZRE) gained 12.8% to $12.93.
- Altus Power, Inc. (NYSE:AMPS) jumped 10.3% to $7.50.
- Nikola Corporation (NASDAQ:NKLA) surged 10.1% to $6.51. Shares of alternative energy-related stocks traded higher after Senator Manchin said he supports the Inflation Reduction Act of 2022, which includes investment in technologies for all fuel types including hydrogen, nuclear and renewables.
- Creative Medical Technology Holdings, Inc. (NASDAQ:CELZ) rose 10% to $0.7479 after the company reported positive top-line results for OvaStem® pilot study.
- Etsy, Inc. (NASDAQ:ETSY) rose 7.7% to $102.81 after the company reported better-than-expected Q2 EPS and sales results.
- Spok Holdings, Inc. (NASDAQ:SPOK) shares rose 7.5% to $6.90 after the company swung to a profit in the second quarter.
Losers
- Bausch Health Companies Inc. (NYSE:BHC) shares fell 50.3% to $4.3166 following reports of an order on a patent litigation over Xifaxan.
- Community Health Systems, Inc. (NYSE:CYH) fell 35.5% to $3.3450 after the company reported worse-than-expected Q2 results. The company also guided 2022 EPS of $(2.55)-$(1.65).
- Pathward Financial, Inc. (NASDAQ:CASH) fell 25.2% to $32.26 after the company reported Q3 results. Keefe, Bruyette & Woods downgraded Pathward Financial from Outperform to Market Perform and lowered the price target from $67 to $45.
- Coursera, Inc. (NYSE:COUR) fell 24.4% to $12.30 after the company reported worse-than-expected Q2 results and issued Q3 guidance below estimates. Raymond James downgraded Coursera from Outperform to Market Perform.
- Lexicon Pharmaceuticals, Inc. (NASDAQ:LXRX) fell 23.4% to $2.50 after the company reported pricing of $85.0 million public offering and concurrent private placement.
- Digital Brands Group, Inc. (NASDAQ:DBGI) shares fell 22.5% to $0.1050 after the company received a determination letter from the Nasdaq stating that the Company has not regained compliance.
- Teladoc Health, Inc. (NYSE:TDOC) fell 20.5% to $34.34 after the company reported a year-over-year drop in Q2 EPS and said it now expects2022 results to be toward the lower end of guidance ranges.
- Hayward Holdings, Inc. (NYSE:HAYW) dropped 18.2% to $11.22 after reporting downbeat quarterly sales.
- Upwork Inc. (NASDAQ:UPWK) declined 17.8% to $19.01 after the company issued Q3 EPS guidance below analyst estimates.
- FormFactor, Inc. (NASDAQ:FORM) dropped 15.3% to $34.13 after the company issued a weak Q3 forecast.
- Fresenius Medical Care AG & Co. KGaA (NYSE:FMS) fell 15.1% to $19.10 after the company lowered its earnings outlook.
- Bausch + Lomb Corporation (NYSE:BLCO) dropped 14.4% to $13.76. Bausch + Lomb and Sanoculis announced strategic agreements.
- SLM Corporation (NASDAQ:SLM) fell 13.8% to $14.85 after the company reported worse-than-expected Q2 EPS results and issued FY22 EPS guidance below analyst estimates.
- Pegasystems Inc. (NASDAQ:PEGA) dipped 13% to $41.39 after the company reported worse-than-expected Q2 EPS and sales results.
- Boot Barn Holdings, Inc. (NYSE:BOOT) dropped 12.4% to $61.28 after the company posted downbeat Q1 sales and issued a weak forecast.
- Blue Water Vaccines, Inc. (NASDAQ:BWV) shares fell 12.3% to $2.7550 after jumping 53% on Wednesday. The company last week signed a sponsored research agreement with Cincinnati Children's Hospital Medical Center for S&P vaccine platform development.
- Stanley Black & Decker, Inc. (NYSE:SWK) dropped 12.1% to $103.26 after the company reported worse-than-expected Q2 adjusted EPS and sales results and updated its FY22 adjusted EPS guidance below estimates.
- Grifols, S.A. (NASDAQ:GRFS) dipped 11.4% to $9.39.
- Smith & Nephew plc (NYSE:SNN) fell 11.4% to $26.00.
- Versus Systems Inc. (NASDAQ:VS) fell 11% to $0.4206 after dropping over 12% on Wednesday.
- LegalZoom.com, Inc. (NASDAQ:LZ) dropped 11% to $9.15. Morgan Stanley downgraded LegalZoom.com from Equal-Weight to Underweight and lowered the price target from $12 to $9.
- Baxter International Inc. (NYSE:BAX) fell 9.3% to $60.59 after the company reported worse-than-expected Q2 sales results and issued Q3 and FY22 adjusted EPS guidance below estimates.
- Charter Communications, Inc. (NASDAQ:CHTR) dropped 8.1% to $437.18 after a Texas Jury found the company liable for $7 billion in punitive damages.
- Southwest Airlines Co. (NYSE:LUV) dipped 7.9% to $37.55 following the company's Q2 financial results.
- Oshkosh Corporation (NYSE:OSK) fell 7.3% to $82.96 after the company posted downbeat Q2 results and lowered FY22 forecast.
- Meta Platforms, Inc. (NASDAQ:META) fell 6.6% to $158.43 as the company reported weaker-than-expected earnings for its second quarter on Wednesday. Daily active users for the company were 1.97 billion in the second quarter, up 3% year-over-year. Monthly active users for the company were 2.93 billion in the second quarter, up 1% year-over-year.
- Anheuser-Busch InBev SA/NV (NYSE:BUD) fell 5.8% to $52.89 following Q2 results.