Why Sunlight Financial Shares Are Trading Lower By 59%, Here Are 54 Stocks Moving In Thursday's Mid-Day Session
Gainers
- Senti Biosciences, Inc. (NASDAQ:SNTI) shares jumped 52% to $2.1325 after B of A Securities initiated coverage on the stock with a Buy rating and $7 price target.
- Golden Sun Education Group Limited (NASDAQ:GSUN) gained 39.6% to $39.76.
- BigBear.ai Holdings, Inc. (NYSE:BBAI) surged 36% to $1.6186 after the company announced it was awarded a $14.8 million U.S. Army Global Force Information Management system contract.
- Motus GI Holdings, Inc. (NASDAQ:MOTS) shares gained 29.4% to $3.0276 after the company was recognized as a sole source provider by the Veterans Health Administration.
- Aditxt, Inc. (NASDAQ:ADTX) shares gained 22.4% to $3.7457. Aditxt said it has regained compliance with Nasdaq listing requirements.
- SilverSun Technologies, Inc. (NASDAQ:SSNT) rose 20.6% to $2.99 after the company announced it entered into a definitive agreement and plan of merger with Rhodium Enterprises.
- Puhui Wealth Investment Management Co., Ltd. (NASDAQ:PHCF) gained 18.7% to $0.5343.
- Jupiter Wellness, Inc. (NASDAQ:JUPW) gained 17.4% to $0.7146. Jupiter Wellness announced application for dual listing on upstream.
- Cognition Therapeutics, Inc. (NASDAQ:CGTX) jumped 15% to $2.0012 after Cantor Fitzgerald initiated coverage on the stock with an Overweight rating and $12 price target.
- Mind Medicine (MindMed) Inc. (NASDAQ:MNMD) rose 14% to $3.6950. Mind Medicine recently priced a 7.05 million share offering of common shares and warrants at $4.25 per share plus warrants.
- Performance Shipping Inc. (NASDAQ:PSHG) gained 13.6% to $0.25.
- BioRestorative Therapies, Inc. (NASDAQ:BRTX) climbed 12.7% to $3.19. Maxim Group initiated coverage on the stock with a Buy rating and $6 price target.
- Hempacco Co., Inc. (NASDAQ:HPCO) gained 12% to $2.70. Hempacco recently announced the release of Hemp Hop Smokables on www.HempHop.shop.
- Marker Therapeutics, Inc. (NASDAQ:MRKR) rose 12% to $0.3940.
- BK Technologies Corporation (NYSE:BKTI) jumped 11.6% to $2.40. BK Technologies received a $1 million purchase order for BKR 5000 from Virginia Department of Forestry.
- Immunovant, Inc. (NASDAQ:IMVT) gained 10.2% to $5.28. Chardan Capital maintained Immunovant with a Buy and lowered the price target from $14 to $12.
- Enerpac Tool Group Corp. (NYSE:EPAC) climbed 8.8% to $18.27 following upbeat Q4 results.
- Windtree Therapeutics, Inc (NASDAQ:WINT) gained 7.8% to $0.3454 after the company said Istaroxime Phase 2 study in early cardiogenic shock was published in the European Journal of Heart Failure.
- Ero Copper Corp. (NYSE:ERO) gained 6.9% to $11.14.
- Idera Pharmaceuticals, Inc. (NASDAQ:IDRA) rose 5% to $0.4027. Idera Pharmaceuticals completed the acquisition of Aceragen, Inc.
Losers
- Sunlight Financial Holdings Inc. (NYSE:SUNL) shares fell 59.3% to $1.0250 after the company announced it is withdrawing its previously-provided full-year 2022 outlook metrics. Citigroup downgraded Sunlight Finl from Buy to Sell and lowered the price target from $4 to $2.
- Lion Group Holding Ltd. (NASDAQ:LGHL) declined 42% to $1.1550.
- SOBR Safe, Inc. (NASDAQ:SOBR) dipped 30.2% to $1.7250 after the company announced pricing of a $6 million private placement priced at-the-market.
- Atlis Motor Vehicles Inc (NASDAQ:AMV) shares dropped 29.7% to $52.81. The company recently posted a loss of $2.06 per share for the quarter ending June 30, 2022.
- Twin Vee Powercats Co. (NASDAQ:VEEE) fell 27.9% to $2.56 after the company priced a 2.5 million share public offering at $2.75 per share.
- Rite Aid Corporation (NYSE:RAD) dropped 27% to $5.13 after the company reported worse-than-expected Q2 EPS and lowered its FY23 adjusted EBITDA guidance. The company also said it expects continued pressure on consumer spending and supply chain challenges.
- Isoray, Inc. (NYSE:ISR) dropped 26.4% to $0.2229 after the company announced it entered into a definitive agreement to acquire Viewpoint Molecular Targeting.
- PhaseBio Pharmaceuticals, Inc. (NASDAQ:PHAS) dipped 26% to $0.1901 after the company on Wednesday announced it received a notice that its partner SFJ Pharmaceuticals Group elected to transfer bentracimab rights to SFJ as PhaseBio failed to remedy its Going Concern Condition.
- Pintec Technology Holdings Limited (NASDAQ:PT) fell 24.3% to $0.3050.
- CarMax, Inc. (NYSE:KMX) fell 23.5% to $66.05 after the company reported worse-than-expected Q2 results.
- Altus Power, Inc. (NYSE:AMPS) fell 22.6% to $11.02. Altus Power priced its 7 million share secondary underwritten public offering of class A common stock at $11.50 per share.
- FaZe Holdings Inc. (NASDAQ:FAZE) dropped 22.1% to $9.60.
- Carvana Co. (NYSE:CVNA) fell 21.6% to $21.06 in sympathy with CarMax after the stock plunged following the company's weak second-quarter results.
- Pioneer Power Solutions, Inc. (NASDAQ:PPSI) dropped 20.4% to $3.3050.
- Nano Labs Ltd (NASDAQ:NA) fell 19% to $1.70.
- Missfresh Limited (NASDAQ:MF) fell 17.7% to $0.0955 after surging around 35% on Wednesday.
- Nordic American Tankers Limited (NYSE:NAT) dropped 17% to $2.6566.
- ACV Auctions Inc. (NASDAQ:ACVA) dipped 16.3% to $7.44.
- Terran Orbital Corporation (NASDAQ:LLAP) fell 16.2% to $1.9850.
- Powerbridge Technologies Co., Ltd. (NASDAQ:PBTS) fell 14.8% to $0.55 after gaining around 8% on Wednesday.
- Chimera Investment Corporation (NYSE:CIM) dropped 14% to $5.04.
- Peloton Interactive, Inc. (NASDAQ:PTON) fell 14% to $7.09 as economic concerns pressurized discretionary stocks.
- 5E Advanced Materials Inc. (NASDAQ:FEAM) dropped 13.6% to $13.47 after the company reported FY22 EPS results were lower year over year.
- ContextLogic Inc. (NASDAQ:WISH) fell 12.4% to $0.8320.
- Pineapple Energy Inc. (NASDAQ:PEGY) fell 11.7% to $0.98 after dipping around 23% on Wednesday. Pineapple Energy recently named Eric Ingvaldson as new Chief Financial Officer.
- Orchid Island Capital, Inc. (NYSE:ORC) dropped 11.4% to $8.22.
- Lufax Holding Ltd (NYSE:LU) fell 11.1% to $2.57.
- Sunrun Inc. (NASDAQ:RUN) dropped 10.1% to $27.93. Shares of several companies in the broader industrials sector traded lower as stocks pull back after gaining on Wednesday.
- PepGen Inc. (NASDAQ:PEPG) shares fell 10% to $9.84 after jumping 110% on Wednesday. PepGen reported data from PGN-EDO51's SAD study in adult healthy volunteers that suggest best-in-class exon skipping capabilities.
- NIO Inc. (NYSE:NIO) dropped 9.6% to $15.64. Shares of Chinese companies traded lower as global equities fall amid US economic concerns and currency uncertainty.
- Worthington Industries, Inc. (NYSE:WOR) dipped 9.5% to $44.42 after the company reported Q1 earnings results.
- AutoNation, Inc. (NYSE:AN) declined 9.5% to $101.74. AutoNation 10% owner Edward S. Lampert sold a total of 290,735 shares at an average price of $108.39.
- XPeng Inc. (NYSE:XPEV) fell 9.3% to $12.09. Shares of Chinese companies traded lower as global equities fell amid US economic concerns and currency uncertainty.
- Toast, Inc. (NYSE:TOST) fell 7% to $17.52 after gaining 5% on Wednesday.