Skip to main content

Market Overview

Why Lucid Group Shares Are Trading Lower By 11%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session

Share:
Why Lucid Group Shares Are Trading Lower By 11%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session

Gainers

  • Healthcare Triangle, Inc. (NASDAQ: HCTI) shares climbed 171.2% to $8.84 as the company launched initiative to prevent ransomware attacks in the $35 billion healthcare data market.
  • Ault Alliance, Inc. (NYSE: AULT) gained 73.3% to $5.72 after the company said it anticipates $200 million in annual revenue for 2023.
  • Recursion Pharmaceuticals, Inc. (NASDAQ: RXRX) shares climbed 67.3% to $11.34 after the company announced collaboration and a $50 million investment from NVIDIA.
  • Cadrenal Therapeutics, Inc. (NASDAQ: CVKD) shares surged 45.1% to $2.5239 after gaining 15% on Tuesday.
  • Liminal BioSciences Inc. (NASDAQ: LMNL) rose 39.6% to $8.31 after the company announced it entered into an arrangement agreement with Structured Alpha LP. Liminal minority shareholders are to receive $8.50 in cash per share in "go private" transaction.
  • AVROBIO, Inc. (NASDAQ: AVRO) surged 38.8% to $1.36 after the company announced plans to explore strategic alternatives.
  • LivePerson, Inc. (NASDAQ: LPSN) shares climbed 33.7% to $5.70 after the company announced a planned CEO transition.
  • InspireMD, Inc. (NYSE: NSPR) gained 31% to $3.03.
  • Daktronics, Inc. (NASDAQ: DAKT) rose 30.4% to $7.97 following better-than-expected fourth-quarter results.
  • Freeline Therapeutics Holdings plc (NASDAQ: FRLN) shares jumped 28.7% to $4.7759.
  • Society Pass Incorporated (NASDAQ: SOPA) gained 23.6% to $0.7490. Ascendiant Capital recently initiated coverage on Society Pass with a Buy rating and announced a price target of $3.5.
  • Holley Inc. (NYSE: HLLY) surged 21.6% to $5.35 on positive analyst changes. B of A Securities upgraded the stock and raised its price target from $3.25 to $6, and JP Morgan upgraded the stock from Overweight to Neutral and announced a $7 price target.
  • Aridis Pharmaceuticals, Inc. (NASDAQ: ARDS) rose 21% to $0.3240 after the company announced FDA Qualified Infectious Disease Product Designation for AR-301.
  • Eloxx Pharmaceuticals, Inc. (NASDAQ: ELOX) gained 20.4% to $9.13. Eloxx Pharmaceuticals shares jumped 94% on Tuesday after Oppenheimer raised its price target from $50 to $55.
  • AERWINS Technologies Inc. (NASDAQ: AWIN) jumped 17% to $0.55.
  • Centessa Pharmaceuticals plc (NASDAQ: CNTA) rose 15.8% to $8.46. Centessa Pharmaceuticals recently announced dosing of first subject in registrational PRESent-2 study evaluating SerpinPC for the treatment of Hemophilia B without inhibitors.
  • EHang Holdings Limited (NASDAQ: EH) gained 13.5% to $17.54. EHang announced a $23 million private placement led by investor Lee Soo Man.
  • AbCellera Biologics Inc. (NASDAQ: ABCL) gained 13% to $7.63.
  • BitNile Metaverse, Inc. (NASDAQ: BNMV) surged 12.2% to $1.1899.
  • Exscientia plc (NASDAQ: EXAI) rose 12% to $7.30. Exscientia recently announced the enrollment of the first patient in the Phase 1/2 "ELUCIDATE" clinical trial assessing GTAEXS617 in advanced solid tumors.
  • Domino's Pizza, Inc. (NYSE: DPZ) shares surged 10.2% to $385.54 after the company announced US customers will be able to order through Uber Eats and Postmates.
  • Art's-Way Manufacturing Co., Inc. (NASDAQ: ARTW) gained 9.7% to $2.71.
  • Dada Nexus Limited (NASDAQ: DADA) jumped 7.3% to $6.22.

Losers

  • PainReform Ltd. (NASDAQ: PRFX) declined 44.5% to $9.00 after the company reported pricing of $2.7 million concurrent registered direct offering and private placement.
  • CBL International Limited (NASDAQ: BANL) shares dipped 42.3% to $2.8780 after jumping over 12% on Tuesday.
  • Katapult Holdings, Inc. (NASDAQ: KPLT) declined 27% to $0.7150. Katapult’s board approved a 1-for-25 reverse stock split of common stock.
  • Silk Road Medical, Inc (NASDAQ: SILK) fell 24.4% to $24.67. Silk Road Medical is expected to report financial results for the second quarter 2023 on Aug. 1, 2023.
  • Yellow Corporation (NASDAQ: YELL) dropped 21.5% to $1.0350.
  • Gorilla Technology Group Inc. (NASDAQ: GRRR) fell 20% to $4.46.
  • T2 Biosystems, Inc. (NASDAQ: TTOO) dropped 20% to $0.1196 as the company reported lower than expected preliminary Q2 sales of $2 million.
  • Theratechnologies Inc. (NASDAQ: THTX) declined 19.5% to $0.78 following weak quarterly sales.
  • Castle Biosciences, Inc. (NASDAQ: CSTL) fell 19.3% to $15.89.
  • Biodexa Pharmaceuticals Plc (NASDAQ: BDRX) fell 17.7% to $4.9655 after surging 42% on Tuesday.
  • Crown ElectroKinetics Corp. (NASDAQ: CRKN) fell 16.1% to $0.0913 after gaining around 7% on Tuesday.
  • Jupiter Wellness, Inc. (NASDAQ: JUPW) dropped 15.4% to $0.4052. Jupiter Wellness reported postponement of spin-off and distribution of common stock of subsidiary SRM Entertainment.
  • Forge Global Holdings, Inc. (NYSE: FRGE) fell 14.7% to $2.43.
  • Mullen Automotive, Inc. (NASDAQ: MULN) fell 14.6% to $0.1554.
  • Shengfeng Development Limited (NASDAQ: SFWL) dropped 14% to $7.87.
  • ShiftPixy, Inc. (NASDAQ: PIXY) fell 13.8% to $2.06 after the company announced pricing of a $3.1 million public offering.
  • CytoMed Therapeutics Limited (NASDAQ: GDTC) shares dropped 13.1% to $4.90 after climbing 62% on Tuesday.
  • FLJ Group Limited (NASDAQ: FLJ) fell 12.8% to $0.2510.
  • Adial Pharmaceuticals, Inc. (NASDAQ: ADIL) shares fell 11.7% to $0.34. Adial Pharmaceuticals shares jumped 90% on Tuesday after the company provided business update following favorable comments from US, EU regulatory meetings.
  • Lucid Group, Inc. (NASDAQ: LCID) declined 10.9% to $7.24 after the company announced second-quarter production & deliveries.
  • Cingulate Inc. (NASDAQ: CING) fell 10.4% to $0.76. Cingulate recently announced top-line results from its Phase 3 adult efficacy and safety trial of CTx-1301 for ADHD.
  • WANG & LEE GROUP, Inc. (NASDAQ: WLGS) shares fell 9.7% to $1.40 after rising over 20% on Tuesday.
  • COMPASS Pathways plc (NASDAQ: CMPS) fell 7.5% to $9.30.

 

Now Read This: Big Trades On Activision Blizzard Stock After Microsoft Wins Acquisition Case

 

Related Articles (ADIL + ABCL)

View Comments and Join the Discussion!

Posted-In: Mid-Day MoversNews Penny Stocks Small Cap Intraday Update Markets Movers Trading Ideas Best of Benzinga

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com