Why SOPHiA GENETICS Shares Are Trading Lower By 19%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session

Shares of SOPHiA GENETICS SA (NASDAQ:SOPH) fell sharply during Tuesday’s session after the company reported worse than expected fourth-quarter earnings and issued 2024 guidance.

Sophia Genetics posted GAAP loss of 37 cents per share, versus market expectations for a loss of 27 cents per share. The company’s quarterly sales came in at $17.05 million, missing estimates of $17.33 million.

SOPHiA GENETICS shares tumbled 19% to $4.55 on Tuesday.

Here are some other stocks moving in today's mid-day session.

Gainers

• Sunshine Biopharma, Inc. (NASDAQ:SBFM) climbed 146.3% to $0.1106 after dipping 19% on Monday. Sunshine Biopharma recently announced closing of $10.0 million underwritten public offering.
• Airship AI Holdings, Inc. (NASDAQ:AISP) climbed 93.3% to $3.16 after the company announced that it has been awarded a contract with the Department of Justice for its Acropolis Enterprise Sensor Management video and data management platform.
• Bruush Oral Care Inc. (NASDAQ:BRSH) surged 42.9% to $0.0686.
• Apogee Therapeutics, Inc. (NASDAQ:APGE) shares jumped 41.6% to $59.10 after the company announced interim results from its Phase 1 healthy volunteer trial for APG777. Also, the company reported FY23 financial results.
• Dave Inc. (NASDAQ:DAVE) gained 39.8% to $30.62 after the company reported a year-over-year increase in fourth-quarter revenue results.
• CareMax, Inc. (NASDAQ:CMAX) rose 38.1% to $10.65.
• Enviva Inc. (NYSE:EVA) gained 26.4% to $0.6571.
• AeroVironment, Inc. (NASDAQ:AVAV) shares surged 24.8% to $163.05 after the company reported better-than-expected results for its fourth quarter. The company said it sees FY24 adjusted earnings of $2.69 to $2.83 per share on revenue of $700 million to $710 million.
• INNOVATE Corp. (NASDAQ:VATE) rose 24.4% to $0.90. The company reported fourth quarter financial results.
• Ocean Biomedical, Inc. (NASDAQ:OCEA) climbed 24.3% to $5.07.
• Paymentus Holdings, Inc. (NYSE:PAY) rose gained 20.3% to $19.67 after the company reported better-than-expected fourth quarter financial results.
• BeyondSpring Inc. (NASDAQ:BYSI) gained 20.1% to $1.97.
• bioAffinity Technologies, Inc. (NASDAQ:BIAF) climbed 19.4% to $2.83. bioAffinity Technologies reported accelerating sales growth of CyPath® Lung.
• XORTX Therapeutics Inc. (NASDAQ:XRTX) gained 18.4% to $4.18.
• Cardio Diagnostics Holdings, Inc. (NASDAQ:CDIO) rose 17.9% to $1.52 after the company announced that the U.S. Patent and Trademark Office issued a notice of allowance for U.S. Application No. 17,857,723 Titled Compositions And Methods For Detecting Predisposition To Cardiovascular Disease.
• Phunware, Inc. (NASDAQ:PHUN) shares rose 17.2% to $14.56. Phunware shares jumped 75% on Monday amid volatility in Trump-related stocks after Donald Trump won the Missouri and Idaho Republican caucuses. Also, the Supreme Court ruled that Colorado can't remove Donald Trump from the Republican primary ballot in the state.
• 3D Systems Corporation (NYSE:DDD) jumped 14.7% to $4.7150. 3D Systems announced additional partial repurchase of convertible senior notes.
• Fresenius Medical Care AG (NYSE:FMS) gained 12.2% to $20.95. Fresenius Medical Care achieved next milestone in portfolio optimization program, announcing sale of dialysis clinics in Brazil, Colombia, Chile, Ecuador.
• New York Community Bancorp, Inc. (NASDAQ:NYCB) gained 11.3% to $3.0411 after falling 23% on Monday. New York Community Bancorp last week announced that it identified material weaknesses in its internal controls and replaced its CEO.
• Vicarious Surgical Inc. (NYSE:RBOT) rose 7.8% to $0.3880 after the company reported quarterly financial results.
• DaVita Inc. (NYSE:DVA) gained 7.4% to $135.14. DaVita entered into agreement to expand operations in Brazil and Colombia, enter Chile and Ecuador.
• Momentus Inc. (NASDAQ:MNTS) shares rose 7% to $0.8345 after the company was awarded a contract from NASA.

Losers

• Quoin Pharmaceuticals, Ltd. (NASDAQ:QNRX) shares fell 46.2% to $1.56 after the company announced the pricing of a $6.5 million public offering.
• Crawford & Company (NYSE: CRD-A) fell 27.7% to $9.04 after the company reported worse-than-expected fourth-quarter financial results.
• Ekso Bionics Holdings, Inc. (NASDAQ:EKSO) fell 24.8% to $1.58 after the company reported mixed fourth-quarter financial results.
• ThredUp Inc. (NASDAQ:TDUP) fell 23.3% to $1.8099 after reporting fourth-quarter results.
• Lipella Pharmaceuticals Inc. (NASDAQ:LIPO) fell 22.5% to $0.7909. Lipella Pharmaceuticals announced FDA clearance of IND for LP-410 for oral graft-versus-host disease, advancing clinical pipeline.
• Kineta, Inc. (NASDAQ:KA) fell 21% to $0.7983.
• Eyenovia, Inc. (NASDAQ:EYEN) dipped 21% to $1.8006.
• Semrush Holdings, Inc. (NYSE:SEMR) fell 19.9% to $10.42 after the company reported fourth-quarter financial results.
• BitFuFu Inc. (NASDAQ:FUFU) fell 19.3% to $10.60. BitFuFu shares jumped around 106% on Monday amid volatility following the company's recent business combination with Arisz Acquisition Corp and listing on the Nasdaq.
• GitLab Inc. (NASDAQ:GTLB) shares fell 19.2% to $60.16 after the company issued FY25 earnings guidance below estimates.
• Sidus Space, Inc. (NASDAQ:SIDU) declined 19.2% to $4.58.
• Yiren Digital Ltd. (NYSE:YRD) fell 16.3% to $4.60.
• Cara Therapeutics, Inc. (NASDAQ:CARA) fell 16.2% to $0.8375 following downbeat fourth-quarter results.
• Stitch Fix, Inc. (NASDAQ:SFIX) shares dipped 15.7% to $2.7650 after the company reported worse-than-expected second-quarter financial results and issued a weak revenue forecast for FY24.
• Lotus Technology Inc. (NASDAQ:LOT) fell 15.6% to $5.66.
• Zhongchao Inc. (NASDAQ:ZCMD) fell 13.8% to $ 2.73.
• CECO Environmental Corp. (NASDAQ:CECO) dipped 13.8% to $19.74 despite better-than-expected fourth-quarter financial results and raised guidance.
• Renalytix Plc (NASDAQ:RNLX) shares declined 13.5% to $1.27. Renalytix shares jumped 41% on Monday after the company announced that it received an unsolicited approach from a publicly listed strategic diagnostics company.
• Powell Industries, Inc. (NASDAQ:POWL) tumbled 12.4% to $161.88.
• Vivakor, Inc. (NASDAQ:VIVK) shares fell 12.3% to $0.93 after jumping around 30% on Monday. Vivakor signed a definitive merger agreement with Empire Diversified Energy for a combined enterprise value of approximately $250 million.
• MicroStrategy Incorporated (NASDAQ:MSTR) shares declined 12.1% to $1,172.93 after the company announced a proposed private offering of $600 million of convertible senior notes.
• AxoGen, Inc. (NASDAQ:AXGN) fell 12.1% to $9.31 following fourth-quarter financial results.
• MingZhu Logistics Holdings Limited (NASDAQ:YGMZ) shares fell 11.2% to $0.4785 after gaining over 12% on Monday. MingZhu Logistics Holdings signed a non-binding letter of intent (LOI) to acquire driverless auto technologies and intellectual property (IP) portfolio valued between $80 million and $90 million.
• Albemarle Corporation (NYSE:ALB) shares fell 11.9% to $117.40 after the company announced a proposed public offering of depositary shares.
• Tandem Diabetes Care, Inc. (NASDAQ:TNDM) dipped 11% to $27.73 after the company announced a proposed $250 million private placement of convertible notes due 2029.
• Amer Sports, Inc. (NYSE:AS) fell 10.1% to $15.59 after the company reported worse-than-expected fourth-quarter adjusted EPS results and issued FY24 EPS guidance below estimates.
• Ainos, Inc. (NASDAQ:AIMD) shares fell 9.8% to $1.28 after surging 35% on Monday.
• Samsara Inc. (NYSE:IOT) fell 9% to $32.65.
• MongoDB, Inc. (NASDAQ:MDB) fell 8.2% to $ 402.84.
• Sprout Social, Inc. (NASDAQ:SPT) fell 8% to $58.96.
• e.l.f. Beauty, Inc. (NYSE:ELF) declined 7.5% to $193.29.

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