Skip to main content

Market Overview

Why Maxeon Solar Technologies Are Trading Lower By Around 32%? Here Are Other Stocks Moving In Friday's Mid-Day Session

Share:
Why Maxeon Solar Technologies Are Trading Lower By Around 32%? Here Are Other Stocks Moving In Friday's Mid-Day Session

Gainers

  • Amyris, Inc. (NASDAQ: AMRS) shares jumped 179.1% to $0.1839. Amyris shares dipped over 80% on Thursday after the company announced it filed for Chapter 11 bankruptcy.
  • Rigetti Computing, Inc. (NASDAQ: RGTI) shares climbed 51.2% to $2.48 following a narrower-than-expected quarterly loss.
  • Telesat Corporation (NASDAQ: TSAT) gained 47.2% to $12.44 after the company reported second-quarter results and tapped MDA under a $2.1 billion deal as prime satellite manufacturer of advanced Telesat Lightspeed Low Earth Orbit constellation.
  • Proterra Inc. (NASDAQ: PTRA) jumped 37% to $0.1442 on continued volatility after the company announced it filed for Chapter 11 bankruptcy.
  • Ouster, Inc. (NYSE: OUST) gained 28.8% to $6.57 after the company reported better-than-expected second-quarter financial results and issued Q3 revenue guidance.
  • Evolv Technologies Holdings, Inc. (NASDAQ: EVLV) jumped 24.3% to $7.24 after the company reported better-than-expected second-quarter financial results and raised FY23 revenue guidance above estimates.
  • Millennium Group International Holdings Limited (NASDAQ: MGIH) gained 24% to $3.08.
  • Innodata Inc. (NASDAQ: INOD) shares gained 23.9% to $13.22 after the company posted a narrower quarterly loss.
  • Apyx Medical Corporation (NASDAQ: APYX) rose 23% to $5.18 following quarterly results.
  • IonQ, Inc. (NYSE: IONQ) climbed 22% to $17.31 after the company reported second-quarter financial results.
  • Lottery.com Inc. (NASDAQ: LTRY) rose 21.3% to $6.15.
  • 2U, Inc. (NASDAQ: TWOU) climbed 20.5% to $3.7615.
  • Groupon, Inc. (NASDAQ: GRPN) rose 20% to $9.12. Goldman Sachs and Credit Suisse raised their price targets on the stock.
  • Bitdeer Technologies Group (NASDAQ: BTDR) gained 19.8% to $ 11.12 following quarterly results.
  • MicroCloud Hologram Inc. (NASDAQ: HOLO) climbed 19.2% to $3.2055.
  • Tango Therapeutics, Inc. (NASDAQ: TNGX) gained 18.8% to $7.77. HC Wainwright & Co. maintained Tango Therapeutics with a Buy and raised the price target from $11 to $16.
  • Eton Pharmaceuticals, Inc. (NASDAQ: ETON) shares rose 17.9% to $3.0650 after posting upbeat second-quarter results.
  • ModivCare Inc. (NASDAQ: MODV) gained 16.6% to $42.31. ModivCare Director Adam Gray acquired a total of 435,893 shares at an average price of $35.74.
  • WeWork Inc. (NYSE: WE) shares rose 16.4% to $0.2157 after jumping 43% on Thursday. The stock has been volatile after the company recently said there was substantial doubt over its ability to stay in business.
  • Arco Platform Limited (NYSE: ARCE) gained 15.5% to $13.81 after the company announced it signed an agreement to go private at $14 per share in cash.
  • Semler Scientific, Inc. (NASDAQ: SMLR) gained 14.4% to $26.86 after the company reported better-than-expected second-quarter financial results.
  • Soho House & Co Inc. (NYSE: SHCO) rose 14.4% to $ 7.00 after the company reported better-than-expected quarterly financial results and updated guidance.
  • CleanSpark, Inc. (NASDAQ: CLSK) gained 13.8% to $6.67 after the company reported better-than-expected third-quarter EPS results.
  • Consolidated Water Co. Ltd. (NASDAQ: CWCO) rose 13.3% to $23.02. Consolidated Water reported a second-quarter revenue increase of 110% year-over-year to $44.2 million, beating estimates of $30.27 million.
  • Apellis Pharmaceuticals, Inc. (NASDAQ: APLS) rose 12.8% to $30.49.
  • Pagaya Technologies Ltd. (NASDAQ: PGY) gained 12.5% to $2.6010 after the company reported better-than-expected second-quarter sales results.
  • Erasca, Inc. (NASDAQ: ERAS) rose 11.3% to $2.8950 following second-quarter results.
  • NextNav Inc. (NASDAQ: NN) gained 10.3% to $4.17 after the company reported second-quarter financial results.
  • Holley Inc. (NYSE: HLLY) rose 7.4% to $7.98 as the company reported strong earnings for the second quarter and raised its FY23 guidance.

Losers

  • Cano Health, Inc. (NYSE: CANO) dipped 70.7% to $0.4452 after the company reported worse-than-expected second-quarter financial results, withdrew its guidance and said it is pursuing a sale process. The company also expressed doubt over its ability to continue as a going concern.
  • Yield10 Bioscience, Inc. (NASDAQ: YTEN) shares fell 58.1% to $0.4229 after the company announced pricing of a $3.7 million public offering.
  • LQR House Inc. (NASDAQ: LQR) fell 42.3% to $2.25 after declining 22% on Thursday.
  • Imperial Petroleum Inc. (NASDAQ: IMPP) dipped 36% to $1.6214 after the company announced the pricing of approximately $17 million of its units in a registered direct offering at a price of $2 per unit.
  • Atreca, Inc. (NASDAQ: BCEL) fell 35.3% to $0.5691 after the company reported second-quarter financial results. Additionally, HC Wainwright downgraded the stock from Buy to Neutral, while Stifel downgraded the stock from Buy to Hold and lowered its price target from $4 to $1.
  • Inotiv, Inc. (NASDAQ: NOTV) declined 34.8% to $4.17 after the company announced third-quarter revenue results and issued FY23 revenue guidance below estimates.
  • Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN) fell 32% to $15.15 after the company reported mixed second-quarter financial results and issued FY23 revenue guidance below estimates.
  • Science 37 Holdings, Inc. (NASDAQ: SNCE) dipped 29.6% to $0.4140.
  • Forward Air Corporation (NASDAQ: FWRD) fell 28% to $74.71 after multiple analysts downgraded the stock. The company on Thursday announced a merger with Omni Logistics.
  • Southland Holdings, Inc. (NASDAQ: SLND) declined 27.7% to $5.81 after the company reported preliminary second-quarter revenue below the consensus estimate.
  • Kezar Life Sciences, Inc. (NASDAQ: KZR) fell 25.8% to $1.5208 after the company reported a year-over-year decrease in second-quarter EPS results. Also, Wells Fargo downgraded the stock from Overweight to Equal-Weight, while HC Wainwright lowered its price target from $19 to $18 on the stock.
  • One Stop Systems, Inc. (NASDAQ: OSS) fell 25.7% to $2.39 after the company reported worse-than-expected second-quarter revenue results and issued third-quarter revenue guidance below estimates. Additionally, multiple firms downgraded the stock and lowered their respective price targets.
  • Black Spade Acquisition Co (NYSE: BSAQ) declined 23.7% to $14.12.
  • OpGen, Inc. (NASDAQ: OPGN) fell 23.3% to $0.2597 after the company reported worse-than-expected second-quarter EPS results.
  • Mammoth Energy Services, Inc. (NASDAQ: TUSK) fell 22.2% to $4.28 after the company reported worse-than-expected second-quarter financial results.
  • Plus Therapeutics, Inc. (NASDAQ: PSTV) dipped 20.8% to $2.50. Plus Therapeutics reported ReSPECT-LM Phase 1 trial data at the 2023 SNO/ASCO CNS Cancer Conference.
  • Nuburu, Inc. (NYSE: BURU) fell 20.7% to $0.59 after the company reported second-quarter financial results and reiterated FY23 revenue guidance.
  • Virios Therapeutics, Inc. (NASDAQ: VIRI) declined 20.4% to $0.86.
  • HireQuest, Inc. (NASDAQ: HQI) fell 20.2% to $19.50 after the company reported worse-than-expected second quarter financial results.
  • The Joint Corp. (NASDAQ: JYNT) fell 18.6% to $10.29 after the company reported posted operating highlights for the second quarter.
  • Beneficient (NASDAQ: BENF) fell 16.9% to $1.9850.
  • Xiao-I Corporation (NASDAQ: AIXI) fell 16.4% to $6.72.
  • Velo3D, Inc. (NYSE: VLD) shares fell 15.2% to $1.5350 after the company reported worse-than-expected second-quarter financial results and announced an offering of $70 million of senior secured convertible notes.
  • Marinus Pharmaceuticals, Inc. (NASDAQ: MRNS) declined 15% to $6.71.
  • Amprius Technologies, Inc. (NYSE: AMPX) fell 13.8% to $5.71 after the company reported second-quarter financial results.
  • Genelux Corporation (NASDAQ: GNLX) declined 13.3% to $23.25.
  • Applied Optoelectronics, Inc. (NASDAQ: AAOI) declined 11.6% to $12.76.
  • Liquidia Corporation (NASDAQ: LQDA) fell 11.4% to $6.99. HC Wainwright & Co. reiterated Liquidia with a Buy and maintained a $16 price target.
  • Pineapple Energy Inc. (NASDAQ: PEGY) fell 9.8% to $1.2093 after the company reported second-quarter financial results.
  • Super Micro Computer, Inc. (NASDAQ: SMCI) fell 9% to $252.29 on continued volatility following the company's recent earnings report.
  • LivePerson, Inc. (NASDAQ: LPSN) tumbled 9% to $5.14.
  • Mogo Inc. (NASDAQ: MOGO) fell 8.6% to $0.6937. Mogo announced a 3:1 share consolidation.

 

Now Read This: Bitcoin, Ethereum Edge Lower Following PPI Data; GMX Becomes Top Loser

 

Related Articles (AAOI + AIXI)

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