Why Airspan Networks Shares Are Trading Higher By Over 380%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session

Shares of Airspan Networks Holdings Inc. MIMO shares rose sharply during Wednesday’s session after the company announced a partnership with GCT Semiconductor to develop an RF module.

Airspan Networks Holdings shares surged 381% to $0.3699 on Wednesday.

Here are some other stocks moving in today's mid-day session.

Gainers

  • Treasure Global Inc. TGL gained 31% to $0.1144.
  • LQR House Inc. LQR gained 30.4% to $2.6344 after dipping 45% on Tuesday. LQR House announced an increase of its share buyback program to $5 million.
  • ProQR Therapeutics N.V. PRQR rose 29% to $3.2123.
  • Safety Shot, Inc. SHOT climbed 26.7% to $2.2692. Safety Shot responded to FSD Pharma's unauthorized tagging of its stock and making false claims in an effort to harm the company and its shareholders.
  • Bullfrog AI Holdings, Inc. BFRG gained 27% to $3.3626 after the company reported early results from its collaboration with Lieber Institute for Brain Development (LIBD).
  • Fitell Corporation FTEL rose 25.7% to $1.2451.
  • Kintara Therapeutics, Inc. KTRA shares climbed 25.6% to $0.1594 after falling more than 9% on Tuesday.
  • Cognition Therapeutics, Inc. CGTX gained 22.4% to $2.5339.
  • Rail Vision Ltd. RVSN rose 22% to $2.0510 as the company said that a leading US-based rail and leasing services company signed a supply contract with Rail Vision valued at up to $5,000,000 for the purchase of Rail Vision’s AI-based Switch Yard Systems.
  • Digital World Acquisition Corp. DWAC jumped 17.5% to $26.25 after Donald Trump recently won the Iowa GOP caucus. Digital World Acquisition Corp is the business combination partner of Trump Media & Technology Group.
  • American Coastal Insurance Corporation ACIC gained 17.1% to $11.58 after Raymond James initiated coverage on the stock with an Outperform rating and announced a $15 price target.
  • Sinclair, Inc. SBGI gained 13.6% to $15.47. Sinclair reached a preliminary agreement to settle the lawsuit filed by Diamond Sports Group, LLC (DSG) and its subsidiary Diamond Sports Net, LLC in July 2023.
  • Impinj, Inc. PI surged 10.6% to $90.50 after the company reported preliminary revenue and adjusted EBITDA for the fourth quarter.
  • Liquidia Corporation LQDA gained 10.4% to $13.67.
  • Maplebear Inc. CART gained 8.4% to $25.90 after Wolfe Research upgraded the stock from Peer Perform to Outperform and announced a $35 price target.
  • Progress Software Corporation PRGS rose 3.4% to $55.41 as the company posted stronger-than-expected results for its fourth quarter.

Losers

  • TuSimple Holdings Inc. TSP shares tumbled 54.7% to $0.3201 after the company announced its intention to delist from Nasdaq.
  • Phunware, Inc. PHUN fell 50% to $0.2099 after the company announced pricing of a $7 million registered direct offering price at-the-market under Nasdaq rules.
  • Adagene Inc. ADAG declined 46.5% to $2.03 after the company announced the presentation of ADG126 data.
  • TransCode Therapeutics, Inc. RNAZ fell 32.6% to $2.5650.
  • Roma Green Finance Limited ROMA declined 31.5% to $2.68.
  • Remark Holdings, Inc. MARK fell 27.7% to $0.4899.
  • Acurx Pharmaceuticals, Inc. ACXP fell 25.7% to $3.48. Acurx Pharmaceuticals released comparative microbiology and microbiome data for ibezapolstat, its lead antibiotic candidate, from its completed Phase 2b trial in patients with Clostridioides difficile Infection (CDI).
  • American Battery Technology Company ABAT fell 25% to $2.45
  • Spirit Airlines, Inc. SAVE shares dipped 24.1% to $6.01 on continued downward momentum after a federal judge blocked JetBlue Airways from acquiring the company.
  • New Horizon Aircraft Ltd. HOVR fell 22.6% to $2.60.
  • Charge Enterprises, Inc. CRGE fell 22.2% to $0.1260
  • Calavo Growers, Inc. CVGW fell 15.4% to $24.56. Calavo Growers delayed release of its fourth-quarter and FY23 financial results.
  • Alector, Inc. ALEC declined 14.4% to $6.54 after the company announced the pricing of a $75 million public offering of 10,869,566 shares of common stock.
  • Fisker Inc. FSR fell 11.8% to $0.8519. TD Cowen analyst Jeffrey Osborne downgraded Fisker from Outperform to Market Perform and lowered the price target from $11 to $1.
  • Richtech Robotics Inc. RR fell 11.7% to $6.59.
  • LendingTree, Inc. TREE shares tumbled 10.5% to $25.39.
  • Nukkleus Inc. NUKK fell 9.3% to $1.36. Nukkleus signed MOU to increase holdings in Jacobi Asset Management.
  • Compass, Inc. COMP declined 8.8% to $2.9350.
  • Tellurian Inc. TELL fell 8.6% to $0.6126.
  • American Axle & Manufacturing Holdings, Inc. AXL fell 8.1% to $7.34 after UBS downgraded the stock from Neutral to Sell and lowered its price target from $8 to $6.5.
  • Definitive Healthcare Corp. DH tumbled 8.1% to $8.45. Definitive Healthcare named Jason Krantz as Interim CEO, succeeding Robert Musslewhite.
  • 10x Genomics, Inc. TXG fell 7.8% to $41.04.
  • Esperion Therapeutics, Inc. ESPR dipped 6.9% to $2.6150.
  • HDFC Bank Limited HDB fell 6.8% to $56.99.
  • MINISO Group Holding Limited MNSO fell 6.8% to $21.00. MINISO shifted fiscal year end to Dec. 31 from June 30 for enhanced financial alignment.
  • DigitalOcean Holdings, Inc. DOCN declined 5.8% to $32.94. DigitalOcean named Paddy Srinivasan as Chief Executive Officer.
  • SolarEdge Technologies, Inc. SEDG fell 5.7% to $68.63 after Barclays downgraded the stock from Equal-Weight to Underweight and lowered its price target from $74 to $50.

 

Now Read This: Jim Cramer Says Hold Onto This Biotech Stock: 'I Don't Understand Why It's So Inexpensive'

Market News and Data brought to you by Benzinga APIs
Posted In: NewsPenny StocksSmall CapIntraday UpdateMarketsMoversTrading IdeasMid-Day MoversTop Gainers
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...