Why Quoin Pharmaceuticals Shares Are Trading Lower By Over 40%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session

Gainers

  • Windtree Therapeutics Inc WINT shares jumped 75.3% to $0.2921. Windtree Therapeutics has been granted U.S. patent number 11,583,540 titled "Istaroxime-Containing Intravenous Formulation For The Treatment Of Acute Heart Failure."
  • ECARX Holdings Inc. ECX gained 68% to $5.71.
  • Terran Orbital Corporation LLAP surged 52% to $2.60 after the company annonced it has been awareded a $2.4 billion contract to design, build, and deploy 300 satellites for Rivada Space Networks.
  • Hoth Therapeutics Inc HOTH shares rose 34.3% to $2.6613 after dropping over 9% on Tuesday. Hoth Therapeutics recently entered into a service agreement with Shareholder Intelligence Services to investigate and report on potential illegal naked short selling activities of its stock.
  • Intuitive Machines, Inc. LUNR jumped 27.4% to $48.26.
  • Usio, Inc. USIO rose 26.3% to $2.21.
  • Berry Corporation BRY gained 19.9% to $10.56 after reporting better-than-expected Q4 results.
  • Fiverr International Ltd. FVRR shares climbed 19.5% to $45.12 after the company reported better-than-expected Q4 earnings results and issued guidance.
  • CVRx, Inc. CVRX jumped 19.3% to $8.45. CVRx recently reported preliminary results of the BeAT-HF post-market randomized clinical trial.
  • Amyris, Inc. AMRS gained 16% to $1.5999 after Givaudan announced it will acquire certain cosmetic ingredients from the company.
  • Wix.com Ltd. WIX shares jumped 16% to $93.70 after the company reported better-than-expected Q4 adjusted EPS and sales results and issued guidance.
  • Wag! Group Co PET rose 15.7% to $2.6613 after the company posted better-than-expected Q4 earnings.
  • PROG Holdings, Inc. PRG gained 15.1% to $26.10 following better-than-expected Q4 results.
  • La-Z-Boy Incorporated LZB jumped 14.6% to $31.51 after the company reported better-than-expected Q3 results.
  • TPG RE Finance Trust, Inc. TRTX rose 13.7% to $8.73 following upbeat quarterly results.
  • Brookdale Senior Living Inc. BKD jumped 12.7% to $3.4050 after the company reported better-than-expected Q4 results.
  • Palo Alto Networks Inc PANW rose 12.1% to $187.05 after the company reported better-than-expected Q2 results and issued strong guidance.
  • Nyxoah S.A. NYXH gained 12% to $5.13.
  • Heron Therapeutics, Inc. HRTX jumped 11.9% to $2.7250. Heron Therapeutics entered into cooperation agreement with Rubric Capital and Velan Capital.
  • Camping World Holdings, Inc. CWH gained 9% to $25.72 following strong quarterly sales.
  • Sorrento Therapeutics Inc SRNE rose 5.1% to $0.4013 after the company received court approval for $75 million financing in Chapter 11 case.

Losers

  • Quoin Pharmaceuticals, Ltd. QNRX shares dropped 41.3% to $0.7020 after the company announced pricing of a $7 million public offering.
  • Farmmi, Inc. FAMI fell 31.2% to $0.6261. Farmmi recently posted FY sales of $99.20 million.
  • Esports Entertainment Group Inc GMBL fell 30% to $4.13. Esports Entertainment Group announced a 1-for-100 reverse stock split.
  • LanzaTech Global, Inc. LNZA fell 22% to $4.28.
  • Interface, Inc. TILE dipped 20% to $8.91. Truist Securities downgraded Interface from Buy to Hold and lowered the price target from $13 to $9.
  • ZipRecruiter, Inc. ZIP dropped 19.5% to $18.63 after the company reported a 4% year-over-year decrease in Q4 revenue.
  • Amesite Inc. AMST fell 17% to $3.95. Amesite announced a 1-for-12 reverse stock split.
  • Keysight Technologies, Inc. KEYS dropped 16% to $153.63 after the company reported Q1 financial results and issued guidance.
  • Transocean Ltd. RIG declined 15.4% to $5.78 after the company reported worse-than-expected Q4 sales results.
  • Reliance Global Group, Inc. RELI dropped 15.4% to $0.43. Reliance Global Group announced a 1-for-15 reverse stock split.
  • The Hackett Group, Inc. HCKT fell 15.3% to $18.00 following Q4 results.
  • Harbor Custom Development Inc HCDI fell 14.2% to $0.4379. Harbor Custom Development, on Tuesday, announced it has contracted to sell the Mills Crossing townhomes in Bremerton, WA for $14,250,000 to Kitsap Community Resources.
  • Cerevel Therapeutics Holdings, Inc. CERE dropped 13.4% to $26.83 following Q4 results.
  • Ambrx Biopharma Inc - ADR AMAM shares dropped 12.5% to $3.95 after jumping 45% on Tuesday. Ambrx Biopharma recently announced initial data from its ongoing Phase 1 APEX-01 trial of ARX517, Ambrx's proprietary anti-PSMA ADC, in prostate cancer patients.
  • Mobiquity Technologies, Inc. MOBQ fell 12.4% to $0.2750.
  • GeneDx Holdings Corp. WGS dropped 11.4% to $0.4220.
  • Charles River Laboratories International, Inc. CRL dropped 11.4% to $215.95 after the company issued FY23 adjusted EPS guidance below estimates. The company also reported it received a subpoena from the U.S. DoJ relating to an investigation into the Cambodian NHP supply chain.
  • Matador Resources Company MTDR dipped 10.4% to $51.99 following Q4 results.
  • ProPetro Holding Corp. PUMP dropped 9.7% to $8.17 after posting downbeat earnings.
  • Select Energy Services, Inc. WTTR fell 9.3% to $7.26 following weak quarterly results.
  • Gentherm Incorporated THRM dropped 9% to $63.90 following downbeat quarterly earnings.
  • Medifast Inc MED shares fell 5.6% to $99.53 after the company issued weak forecast for the current quarter.
  • CoStar Group Inc CSGP fell 5.3% to $71.96 after the company issued weak Q1 guidance.

Now Read This: Top 5 Consumer Stocks That May Crash This Month

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsPenny StocksSmall CapIntraday UpdateMarketsMoversTrading IdeasConsumer DiscretionaryHome FurnishingsMid-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!