31 Stocks Moving In Tuesday's Mid-Day Session

Gainers

  • Resonant Inc. RESN jumped 249% to $4.29 after Murata Electronics announced plans to buy the company at $4.50 per share in cash.
  • Tower Semiconductor Ltd. TSEM shares gained 42% to $47.049. Intel Corp INTC agreed to acquire Israeli chip company Tower Semiconductor for $53 per share in cash, representing a total enterprise value of $5.4 billion.
  • iPower Inc. IPW shares gained 33.8% to $2.1801 after the company reported better-than-expected Q2 results.
  • Cinedigm Corp. CIDM rose 31.6% to $1.0394 after the company recorded a 42% year-over-year increase in its quarterly revenue.
  • Joby Aviation, Inc. JOBY surged 22.4% to $5.82 after the company, and ANA Holdings, announced they are forming a partnership to bring air taxi services to Japan.
  • Sabre Corporation SABR gained 20.6% to $10.85 after reporting upbeat quarterly sales.
  • TAL Education Group TAL shares gained 20.6% to $3.7518.
  • Virgin Galactic Holdings, Inc. SPCE surged 20.3% to $9.80 after the company announced ticket sales will open to the general public starting February 16th.
  • MoneyGram International, Inc. MGI gained 18.4% to $10.60 after the company announced it entered into an agreement to be acquired by Madison Dearborn Partners.
  • CleanSpark, Inc. CLSK rose 13.6% to $9.78. CleanSpark recently reported Q1 earnings results.
  • HIVE Blockchain Technologies Ltd. HIVE rose 9.4% to $2.1887.
  • Spectrum Pharmaceuticals, Inc. SPPI rose 9.4% to $0.7339. Spectrum Pharma recently reported acceptance of new drug application filing for Poziotinib.
  • Amkor Technology, Inc. AMKR rose 7% to $22.62 after the company reported Q4 results and also issued guidance.
  • Arista Networks, Inc. ANET rose 6.3% to $130.57 after the company reported better-than-expected Q4 results and issued Q1 sales guidance above estimates.
  • Hut 8 Mining Corp. HUT rose 6.2% to $7.32. Hut 8 Mining, late Friday, said it entered at-the-market offering for gross proceeds of $65 million.
  • Femasys Inc. FEMY rose 6.1% to $2.97 after declining over 3% on Monday.

Check this out: Insiders Buy Around $112M Of 3 Stocks.

Losers

  • Larimar Therapeutics, Inc. LRMR shares dipped 58.2% to $3.50 after the company reported the FDA stated it is maintaining its clinical hold at this time on Larimar's CTI-1601 program and that additional data is needed to resolve the clinical hold.
  • Hudson Capital Inc. HUSN dropped 27.2% to $3.65. Hudson Capital announced it combined with Freight App, adopted its leadership team and US headquarters.
  • Park City Group, Inc. PCYG fell 18.3% to $6.72 following weak Q2 sales.
  • Vivakor, Inc. VIVK fell 16.5% to $4.3250 after jumping over 19% on Monday.
  • Allot Ltd. ALLT fell 16.4% to $8.16 after the company reported worse-than-expected Q4 EPS results.
  • Medpace Holdings, Inc. MEDP fell 15.2% to $147.83. Medpace’s Q4 revenue increased 18.8% Y/Y to $308.6 million, missing the consensus of $309.04 million.
  • Sunshine Biopharma Inc. SBFM dropped 14.5% to $2.35. Sunshine Biopharma priced its 1.88 million unit uplisting to Nasdaq at $4.25 per unit.
  • Avis Budget Group, Inc. CAR fell 13.7% to $168.00 after the company reported Q4 earnings results.
  • Splash Beverage Group, Inc. SBEV shares fell 13.7% to $4.3250. Splash Beverage Group priced its public offering of two million shares at an offering price of $4.00 per share.
  • Fast Radius, Inc. FSRD dipped 13.3% to $2.61.
  • American Rebel Holdings, Inc. AREB fell 13.2% to $2.4401.
  • Friedman Industries, Incorporated FRD dropped 12.5% to $8.41 after the company posted a loss for the third quarter.
  • China Online Education Group COE fell 9.9% to $1.83 after jumping around 28% on Monday.
  • Kosmos Energy Ltd. KOS dropped 9.2% to $4.2050.
  • Grove, Inc. GRVI fell 7.2% to $4.39 following Q2 results.

Also check this out: ZoomInfo And 3 Other Stocks Sold By Insiders.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
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!