Why Target Shares Are Trading Lower By 14%? Here Are 56 Stocks Moving In Wednesday's Mid-Day Session
Gainers
- Fast Radius, Inc. (NASDAQ:FSRD) shares jumped 109% to $0.2115 after dipping around 48% on Tuesday. Fast Radius established a timeline for a Chapter 11 sale process.
- InMed Pharmaceuticals Inc. (NASDAQ:INM) shares climbed 60.5% to $4.4613. InMed Pharmaceuticals advanced neurodegenerative disease program with Natural Sciences and Engineering Research Council of Canada alliance grant funding.
- Tiga Acquisition Corp. (NASDAQ:TINV) gained 35.1% to $13.75.
- Exagen Inc. (NASDAQ:XGN) jumped 29% to $3.86. Exagen reported better-than-expected Q3 EPS and sales results and issued FY22 revenue guidance above estimates.
- Lizhi Inc. (NASDAQ:LIZI) gained 18% to $0.85 after the company swung to a profit for the third quarter.
- Reviva Pharmaceuticals Holdings, Inc. (NASDAQ:RVPH) surged 16.8% to $4.64. Reviva Pharmaceuticals recently posted a Q3 loss of $0.18 per share.
- REE Automotive Ltd. (NASDAQ:REE) gained 16.3% to $0.8139 as the company reported a third-quarter FY22 net loss of $(33.5) million versus a net loss of $(414.9) million the previous year.
- Chemomab Therapeutics Ltd. (NASDAQ:CMMB) rose 15.4% to $2.40. Chemomab Therapeutics recently posted a Q3 loss of $0.04 per share.
- Sportradar Group AG (NASDAQ:SRAD) shares climbed 15.3% to $11.70 after the company reported better-than-expected Q3 sales and raised FY22 revenue outlook.
- Tonix Pharmaceuticals Holding Corp. (NASDAQ:TNXP) gained 15.2% to $0.5702. Tonix Pharmaceuticals recently posted a Q3 loss of $0.69 per share.
- Atento S.A. (NYSE:ATTO) rose 14.9% to $4.39. Atento posted Q3 EPS of $0.10.
- AirSculpt Technologies, Inc. (NASDAQ:AIRS) surged 14.5% to $3.54.
- Cartesian Growth Corporation (NASDAQ:GLBL) rose 14.5% to $11.65.
- Foresight Autonomous Holdings Ltd. (NASDAQ:FRSX) gained 13.5% to $0.6139 after the company announced it signed a commercial agreement with SUNWAY-AI for up to $51 million.
- Consolidated Water Co. Ltd. (NASDAQ:CWCO) gained 13.4% to $15.53. Janney Montgomery Scott upgraded Consolidated Water from Neutral to Buy and announced a $20 price target.
- Natera, Inc. (NASDAQ:NTRA) gained 12.6% to $38.47. Natera priced follow-on offering of 11.4 million shares at $35 per share.
- Marker Therapeutics, Inc. (NASDAQ:MRKR) rose 12% to $0.3890. Marker Therapeutics recently posted a Q3 loss of $0.08 per share.
- WW International, Inc. (NASDAQ:WW) gained 10.2% to $4.4615. Raymond Debbane, Director at WW International, reported a large insider buy on November 15, according to a new SEC filing.
- Spruce Biosciences, Inc. (NASDAQ:SPRB) gained 9.4% to $1.17 after JMP Securities initiated coverage on the stock with a Market Outperform rating and a $8 price target.
- Affimed N.V. (NASDAQ:AFMD) jumped 9% to $2.47. Affimed posted a Q3 loss of €0.11 per share.
- Scopus BioPharma Inc. (NASDAQ:SCPS) rose 8.6% to $0.2661.
- Xenetic Biosciences, Inc. (NASDAQ:XBIO) gained 7.4% to $0.4521.
- Alcon Inc. (NYSE:ALC) surged 6.9% to $67.61 after the company reported better-than-expected Q3 EPS and sales results and issued guidance.
- Lowe's Companies, Inc. (NYSE:LOW) gained 5% to $219.30 after the company reported better-than-expected Q3 results. The company also raised its FY22 EPS guidance.
Losers
- Ecoark Holdings, Inc. (NASDAQ:ZEST) dropped 30.7% to $0.7201.
- Satixfy Communications Ltd. (NYSE:SATX) fell 29.3% to $22.50.
- BrainsWay Ltd. (NASDAQ:BWAY) fell 28.5% to $2.2880 after the company reported worse-than-expected Q3 EPS and sales results.
- Brookdale Senior Living Inc. (NYSE:BKD) declined 24.5% to $3.7150 after the company announced an offering of tangible equity units.
- Singularity Future Technology Ltd. (NASDAQ:SGLY) fell 24.1% to $1.95.
- Charah Solutions, Inc. (NYSE:CHRA) dropped 23.8% to $0.67. Stifel maintained Charah Solns with a Buy and lowered the price target from $7.5 to $2.
- Kidpik Corp. (NASDAQ:PIK) fell 23.1% to $0.8383 after the company reported a wider quarterly loss.
- ToughBuilt Industries, Inc. (NASDAQ:TBLT) dipped 21.7% to $2.52 after the company announced a $7.5 million private placement priced at-the-market under Nasdaq rules.
- Similarweb Ltd. (NYSE:SMWB) declined 20.2% to $5.30 following Q3 results.
- Lucira Health, Inc. (NASDAQ:LHDX) fell 19.6% to $0.3497.
- Tattooed Chef, Inc. (NASDAQ:TTCF) shares fell 19.4% to $2.70 after the company posted a wider Q3 loss and lowered FY22 sales guidance.
- Provident Bancorp, Inc. (NASDAQ:PVBC) dipped 19.1% to $8.17. Stephens & Co. downgraded Provident Bancorp from Overweight to Equal-Weight and lowered the price target from $18 to $12.
- Pear Therapeutics, Inc. (NASDAQ:PEAR) dropped 18.8% to $2.02. Citigroup maintained Pear Therapeutics with a Buy and lowered the price target from $7 to $5.
- Advance Auto Parts, Inc. (NYSE:AAP) fell 17.2% to $152.09 after the company reported worse-than-expected earnings results and cut full-year guidance.
- Tian Ruixiang Holdings Ltd (NASDAQ:TIRX) shares fell 16.2% to $2.43. Tian Ruixiang Holdings, last month, posted a H1 loss of $0.28 per share.
- indie Semiconductor, Inc. (NASDAQ:INDI) dropped 14.8% to $7.39 after the company announced a proposed convertible senior notes offering.
- Ferroglobe PLC (NASDAQ:GSM) fell 14.4% to $5.13 after the company reported worse-than-expected Q3 EPS and sales results.
- Carnival Corporation (NYSE:CCL) shares fell 14.1% to $9.59 after the company announced an offering of convertible senior notes.
- Target Corporation (NYSE:TGT) dipped 14% to $154.00 after the company lowered its Q4 expectations, citing an 'increasingly challenging environment.'
- Lufax Holding Ltd (NYSE:LU) fell 13.8% to $2.0150.
- AerSale Corporation (NASDAQ:ASLE) dropped 12.9% to $15.47 after the company priced a secondary offering of 4 million shares of common stock at $15.50 per share.
- Aeva Technologies, Inc. (NYSE:AEVA) dropped 12.8% to $1.9850.
- Siyata Mobile Inc. (NASDAQ:SYTA) shares fell 11.9% to $0.1651 after gaining around 14% on Tuesday.
- Payoneer Global Inc. (NASDAQ:PAYO) declined 11.9% to $5.85.
- Freight Technologies, Inc. (NASDAQ:FRGT) fell 11.8% to $0.3081 after dipping over 20% on Tuesday.
- XPeng Inc. (NYSE:XPEV) dropped 11.4% to $7.99.
- On Holding AG (NYSE:ONON) dipped 11.4% to $17.86 following Q3 results.
- Big Lots, Inc. (NYSE:BIG) fell 11.3% to $17.89.
- Coinbase Global, Inc. (NASDAQ:COIN) dropped 10.8% to $49.49 amid a decrease in the price of major cryptocurrencies, which have continued to fall after the recent FTX bankruptcy. DA Davidson maintained a Buy rating on the stock but lowered its price target from $100 to $70.
- Nordstrom, Inc. (NYSE:JWN) dipped 10.3% to $19.44. Shares of retail and apparel companies traded lower in sympathy with Target, which fell after cutting guidance and reporting a 14.4% year-over-year increase in inventory at the end of October. Target said shopping behavior was impacted by inflation, interest rates and economic uncertainty.
- AMMO, Inc. (NASDAQ:POWW) shares fell 9.2% to $2.1150 after the company reported worse-than-expected Q2 sales and issued FY23 guidance below estimates.
- Quhuo Limited (NASDAQ:QH) fell 7% to $1.60. Quhuo shares jumped around 19% on Tuesday after the company reported better-than-expected H1 EPS and sales results.