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Why Doximity Shares Are Trading Lower By 8%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session

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Why Doximity Shares Are Trading Lower By 8%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session

Gainers

  • Smart for Life, Inc. (NASDAQ: SMFL) shares climbed 86.2% to $4.32. Smart for Life announced Wednesday that it had executed a strategic agreement with CloudKitchens for rapid local delivery of its new line of innovative, proprietary, and healthy high-protein ice cream bars.
  • Motus GI Holdings, Inc. (NASDAQ: MOTS) gained 63.6% to $1.1781 after the company announced it completed the first clinical evaluation of the new Pure-Vu Gastro in upper gastrointestinal procedures to support FDA submission.
  • WeTrade Group, Inc. (NASDAQ: WETG) shares surged 52.7% to $0.0581 after dropping around 15% on Tuesday. WeTrade Group recently received a notice of noncompliance from Nasdaq because it failed to timely file its 2022 annual report on form 10-K with the SEC.
  • National Western Life Group, Inc. (NASDAQ: NWLI) jumped 35% to $360.76. National Western Life Group reported exploration of strategic alternatives.
  • Sunrise New Energy Co., Ltd. (NASDAQ: EPOW) shares gained 30.1% to $2.5113 after the company reported a sharp rise in sales for the fiscal year ended Dec. 31, 2022.
  • Impel Pharmaceuticals Inc. (NASDAQ: IMPL) jumped 28.4% to $1.40.
  • XBiotech Inc. (NASDAQ: XBIT) shares gained 27.9% to $4.45. XBiotech commenced tender offer to purchase up to $80 million worth of its shares at price not greater than $4.00 nor less than $3.80 per share.
  • Trinity Place Holdings Inc. (NYSE: TPHS) jumped 27.2% to $0.6362.
  • Netcapital Inc. (NASDAQ: NCPL) gained 22.9% to $1.8550 after dropping over 9% on Tuesday.
  • JE Cleantech Holdings Limited (NASDAQ: JCSE) shares gained 22.7% to $0.64 after dropping 13% on Tuesday.
  • Anghami Inc. (NASDAQ: ANGH) jumped 20% to $1.4050. Anghami filed 2022 annual report with 37% revenue growth.
  • Tingo Group, Inc. (NASDAQ: TIO) jumped 17.7% to $4.51.
  • Corvus Pharmaceuticals, Inc. (NASDAQ: CRVS) rose 17.7% to $2.79. Corvus Pharmaceuticals will present new CPI-818 data at International Conference on Malignant Lymphoma on June 13-17.
  • SaverOne 2014 Ltd (NASDAQ: SVRE) gained 16.2% to $1.58.
  • MedAvail Holdings, Inc. (NASDAQ: MDVL) surged 15.5% to $0.26.
  • ProPetro Holding Corp. (NYSE: PUMP) gained 15.5% to $7.49. ProPetro plans $100 million share repurchase program.
  • Triumph Group, Inc. (NYSE: TGI) climbed 14.7% to $12.06 after the company reported better-than-expected Q4 financial results and issued guidance.
  • GD Culture Group Limited (NASDAQ: GDC) gained 13.7% to $7.20. The company released its quarterly report in a Form10 filing.
  • FLJ Group Limited (NASDAQ: FLJ) climbed 13.6% to $0.5348.
  • Western Alliance Bancorporation (NYSE: WAL) gained 9.9% to $34.71 after the company released an investor update. The company said QTD deposit growth exceeded $2 billion as of May 12th.
  • P3 Health Partners Inc. (NASDAQ: PIII) gained 9% to $3.50.
  • Top KingWin Ltd (NASDAQ: TCJH) shares climbed 7.8% to $7.50 after gaining 9% on Tuesday.
  • Comerica Incorporated (NYSE: CMA) jumped 7.7% to $36.52. Shares of bank stocks traded higher after Western Alliance released an investor update showing QTD deposit growth exceeded $2 billion as of May 12th. This has helped ease some ongoing concerns over the financial sector.
  • Keysight Technologies Inc (NYSE: KEYS) gained 7.7% to $157.80 after the company reported better-than-expected earnings results for its second quarter on Tuesday.

Losers

  • Cerberus Cyber Sentinel Corporation (NASDAQ: CISO) fell 33.3% to $ 0.1999 after the company reported pricing of $4.0 million registered direct offering.
  • Intercept Pharmaceuticals, Inc. (NASDAQ: ICPT) shares fell 21.3% to $12.76 following a report suggesting FDA staff concluded Intercept Pharmaceuticals' OCA can cause significant drug-induced liver injury.
  • ASP Isotopes Inc. (NASDAQ: ASPI) dropped 18.4% to $0.3670.
  • Powerbridge Technologies Co., Ltd. (NASDAQ: PBTS) shares fell 16.4% to $0.0735 after climbing over 33% on Tuesday.
  • Airspan Networks Holdings Inc. (NYSE: MIMO) dropped 16% to $0.2865.
  • EVgo, Inc. (NASDAQ: EVGO) fell 14.8% to $4.8850 after the company announced an offering of Class A common stock.
  • Agilysys, Inc. (NASDAQ: AGYS) declined 14.6% to $66.11 after the company reported Q4 financial results.
  • 1847 Holdings LLC (NYSE: EFSH) dropped 12.1% to $0.58. 1847 recently reported a year-over-year increase in Q1 sales results.
  • Kyndryl Holdings, Inc. (NYSE: KD) fell 11.5% to $12.72 after the company reported mixed Q1 financial results and issued FY24 revenue guidance below estimates.
  • The Container Store Group, Inc. (NYSE: TCS) shares dropped 11.5% to $2.3950. The Container Store Group reported upbeat earnings for its fourth quarter, while sales missed estimates.
  • MGO Global, Inc. (NASDAQ: MGOL) fell 11.4% to $1.13. MGO Global shares dropped 18% on Tuesday after posting a first-quarter loss.
  • Kubient, Inc. (NASDAQ: KBNT) dropped 11% to $0.4539.
  • Shengfeng Development Limited (NASDAQ: SFWL) dipped 10.6% to $6.52.
  • Ardelyx, Inc. (NASDAQ: ARDX) declined 10.3% to $3.9999. Ardelyx announced FDA acceptance and six-month review for resubmission of new drug application of XPHOZAH.
  • Intapp, Inc. (NASDAQ: INTA) dropped 10.1% to $39.63 after the company announced a proposed public offering of 2 million shares of common stock. Also, some stockholders intend to offer 4.25 million shares of the company's stock in the offering.
  • Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN) dipped 10% to $28.05 after the company announced the pricing and upsize of a public offering of ordinary shares.
  • Stronghold Digital Mining, Inc. (NASDAQ: SDIG) declined 8.3% to $5.44. Stronghold Digital Mining recently announced a 1-for-10 reverse stock split.
  • Doximity, Inc. (NYSE: DOCS) fell 8% to $31.18 after the company issued weak sales guidance.
  • GSI Technology, Inc. (NASDAQ: GSIT) shares dropped 6.3% to $4.06 after reporting a wider fourth-quarter loss.
  • Hess Midstream LP (NYSE: HESM) shares dropped 5.4% to $27.45 after the company reported pricing of secondary public offering of Class A shares.
  • OneSpaWorld Holdings Limited (NASDAQ: OSW) shares declined 4.4% to $10.52 as the company reported pricing of secondary offering of common shares by selling shareholders.

 

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