Why Universal Health Services Shares Are Trading Lower By 6%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session

Gainers

• Silicon Motion Technology Corporation (NASDAQ:SIMO) shares climbed 78.9% to $93.40 following a report suggesting China approval of the company's Maxlinear merger.
• Mallinckrodt plc (NYSE:MNK) gained 70% to $0.75. Sources said Mallinckrodt is considering bankruptcy as part of plan to avoid paying money it owes opioid victims, according to the Wall Street Journal.
• SCWorx Corp. (NASDAQ:WORX) surged 50% to $0.3721.
• ABVC BioPharma, Inc. (NASDAQ:ABVC) gained 48.7% to $5.65. ABVC BioPharma signed a term sheet to advance a partnership with Zhonghui United Technology (Zhonghui) Group Co., Ltd. and its affiliated enterprises.
• Vicor Corporation (NASDAQ:VICR) shares climbed 48.3% to $88.12 after the company posted better-than-expected second-quarter results.
• Sigma Additive Solutions, Inc. (NASDAQ:SASI) gained 47% to $0.2761.
• AERWINS Technologies Inc. (NASDAQ:AWIN) shares gained 37.8% to $0.3329 after declining around 7% on Tuesday.
• NLS Pharmaceutics AG (NASDAQ:NLSP) climbed 27.3% to $0.9751.
• PacWest Bancorp (NASDAQ:PACW) shares gained 25.6% to $9.66 after the company announced a merger with Banc of California. PacWest Bancorp also reported upbeat quarterly earnings.
• Teladoc Health, Inc. (NYSE:TDOC) rose 25.7% to $28.65 following better-than-expected quarterly results.
• XPeng Inc. (NYSE:XPEV) gained 25% to $19.20 after the company and Volkswagen signed a framework agreement for technical collaboration. Volkswagen will acquire 4.99% of Xpeng's outstanding share capital for $700 million.
• Armata Pharmaceuticals, Inc. (NYSE:ARMP) rose 21.3% to $2.39.
• Soluna Holdings, Inc. (NASDAQ:SLNH) jumped 18.8% to $0.3306.
• PROG Holdings, Inc. (NYSE:PRG) gained 18.8% to $43.11 after the company reported better than expected second-quarter earnings and revised guidance.
• Flushing Financial Corporation (NASDAQ:FFIC) gained 18.7% to $16.39. Shares of bank stocks traded higher after Banc of California and PacWest announced a merger agreement.
• WW International, Inc. (NASDAQ:WW) jumped 18.2% to $11.73 after Morgan Stanley upgraded the stock from Equal-Weight to Overweight and raised its price target from $5 to $13.
• Tilray Brands, Inc. (NASDAQ:TLRY) surged 16.6% to $1.96 following upbeat quarterly sales.
• Premier Financial Corp. (NASDAQ:PFC) rose 14.2% to $21.75. Shares of bank stocks traded higher after Banc of California and PacWest announced a merger agreement.
• Lion Group Holding Ltd. (NASDAQ:LGHL) gained 13.4% to $5.14.
• Aceragen, Inc. (NASDAQ:ACGN) jumped 13.3% to $0.7140.
• Live Oak Bancshares, Inc. (NYSE:LOB) rose 12.6% to $34.90 following strong quarterly results.
• Invitae Corporation (NYSE:NVTA) surged 11.8% to $1.42.
• NIO Inc. (NYSE:NIO) climbed 10.9% to $13.21.
• RPM International Inc. (NYSE:RPM) rose 10.2% to $103.09 after the company reported strong fourth-quarter results.
• Western Alliance Bancorporation (NYSE:WAL) jumped 10.2% to $51.98.
• Union Pacific Corporation (NYSE:UNP) gained 10% to $237.18 after the company reported second-quarter results and named Jim Vena as the new CEO.
• Hanesbrands Inc. (NYSE:HBI) jumped 9.5% to $5.29.
• USANA Health Sciences, Inc. (NYSE:USNA) gained 8.8% to $69.00 following upbeat quarterly earnings.
• Tenable Holdings, Inc. (NASDAQ:TENB) rose 8.7% to $47.57 after the company reported better-than-expected third-quarter earnings and issued strong guidance.
• Lithia Motors, Inc. (NYSE:LAD) gained 8.7% to $317.89 following strong quarterly results.
• The Gap, Inc. (NYSE:GPS) rose 7.3% to $9.88 after the company appointed Richard Dickson as President and CEO.
• The Boeing Company (NYSE:BA) jumped 7% to $229.18 after the company reported better-than-expected second-quarter results.
• Alphabet Inc. (NASDAQ:GOOGL) shares rose 6.2% to $129.76 after the company reported better-than-expected second-quarter results.

Losers

• Dunxin Financial Holdings Limited (NYSE:DXF) shares fell 44.8% to $1.02 after the company reported pricing of $1.09 million registered direct offering.
• Carmell Therapeutics Corporation (NASDAQ:CTCX) declined 22.7% to $2.90.
• Inpixon (NASDAQ:INPX) declined 20% to $0.2284. Inpixon agreed to merge with XTI Aircraft Company.
• Euronet Worldwide, Inc. (NASDAQ:EEFT) fell19.7% to $93.88 following weak quarterly sales.
• MaxLinear, Inc. (NYSE:MXL) fell 19.2% to $27.49 following a report suggesting China approval of the company's Silicon Motion merger.
• Snap Inc. (NYSE:SNAP) fell 18.8% to $10.16 after the company reported third-quarter results.
• Yoshiharu Global Co. (NASDAQ:YOSH) shares fell 15.8% to $0.76 after jumping 41% on Tuesday.
• SunPower Corporation (NASDAQ:SPWR) fell 15.3% to $9.51 after the company reported below consensus second-quarter revenue and guided FY23 net loss.
• Aurora Acquisition Corp. (NASDAQ:AURC) fell 15.2% to $28.45 after jumping over 220% on Tuesday.
• Silgan Holdings Inc. (NYSE:SLGN) tumbled 14.5% to $41.75 after posting downbeat results.
• Affiliated Managers Group, Inc. (NYSE:AMG) dipped 14.2% to $138.71 following weak quarterly sales.
• Sage Therapeutics, Inc. (NASDAQ:SAGE) fell 13.7% to $36.12.
• Healthcare Services Group, Inc. (NASDAQ:HCSG) declined 13.3% to $12.74 following downbeat earnings.
• AppHarvest, Inc. (NASDAQ:APPH) fell 11.7% to $0.0837 after gaining 5% on Tuesday. AppHarvest recently announced Chapter 11 filing to support a financial and operational transition.
• Opera Limited (NASDAQ:OPRA) fell 10.3% to $16.37. Opera recently filed for a mixed shelf of up to $300 million.
• Merit Medical Systems, Inc. (NASDAQ:MMSI) fell 9.9% to $73.48 after the company issued FY23 EPS guidance with a midpoint below estimates.
• Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN) declined 9.7% to $25.64.
• Silicon Laboratories Inc. (NASDAQ:SLAB) fell 8.1% to $145.83 following quarterly results.
• Markforged Holding Corporation (NYSE:MKFG) shares fell 7% to $1.8601. Markforged is expected to release its financial results for the second quarter on Aug. 10, 2023.
• RPC, Inc. (NYSE:RES) declined 6.7% to $8.35 following weak results.
• Universal Health Services, Inc. (NYSE:UHS) fell 6.3% to $140.22 following second-quarter results.
• Texas Instruments Incorporated (NASDAQ:TXN) shares declined 5.5% to $175.84 after the company issued third-quarter EPS guidance with a midpoint below estimates.
• Microsoft Corporation (NASDAQ:MSFT) shares fell 4.6% to $334.88. Microsoft reported better-than-expected earnings and sales results for its fourth quarter, but issued weak sales outlook for the current quarter.
• Waste Management, Inc. (NYSE:WM) shares slipped 3.5% to $165.59 after the company posted downbeat second-quarter results.

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