Why First Republic Bank Shares Are Trading Lower By 22%? Here Are Other Stocks Moving In Friday's Mid-Day Session

Gainers

  • Magic Empire Global Limited MEGL shares jumped 268% to $3.42 after dropping around 8% on Thursday.
  • TOP Financial Group Limited TOP shares jumped 234% to $66.88 after jumping around 198% on Thursday. Traders are circulating an article on China's Sina dated April 25th titled "Zhongyang Financial Group's Additional Issuance Was Approved By The U.S. SEC."
  • AGBA Group Holding Limited AGBA rose 110% to $3.5550.
  • Golden Sun Education Group Limited GSUN gained 81.8% to $1.8910 after declining around 5% on Thursday.
  • Top KingWin Ltd TCJH gained 63.9% to $7.84 after jumping over 22% on Thursday. Univest Securities, LLC recently reported the closing of an initial public offering of 2,750,000 Class A ordinary shares at a price of $4.00 per Class A ordinary share for its client Top KingWin Ltd.
  • Tempest Therapeutics, Inc. TPST rose 62.5% to $2.8599. Tempest Therapeutics said early results from Phase 1B/2 study of TPST-1120 for hepatocellular carcinoma showed TPST-1120 combined with atezolizumab & bevacizuma demonstrated clinically-meaningful improvement compared to atezolizumab & bevacizumab.
  • U Power Limited UCAR shares climbed 49.8% to $8.06 amid continued post-IPO volatility.
  • Harbor Custom Development, Inc. HCDI gained 43% to $4.83. Harbor Custom Development entered into a contract to sell Bridge View Trail Apartment site in Port Orchard, WA for $11 million.
  • Dunxin Financial Holdings Limited DXF climbed 40.5% to $0.1816 after dropping over 6% on Thursday.
  • Siebert Financial Corp. SIEB climbed 37.6% to $2.74 after gaining over 6% on Thursday. Siebert Financial recently posted 2022 revenue of $50.1 million.
  • CXApp Inc. CXAI climbed 34% to $13.55.
  • Visionary Education Technology Holdings Group Inc. VEDU jumped 31.2% to $0.71.
  • WANG & LEE GROUP, Inc. WLGS gained 30.4% to $2.40.
  • CVRx, Inc. CVRX rose 29.7% to $12.30 following better-than-expected Q1 results.
  • Lichen China Limited LICN jumped 26.8% to $2.74.
  • ImmunoGen, Inc. IMGN gained 22.4% to $5.29 after the company reported better-than-expected Q1 financial results and issued FY23 sales guidance.
  • Yatsen Holding Limited YSG rose 21.8% to $1.0050.
  • Huadi International Group Co., Ltd. HUDI gained 19.3% to $3.2550.
  • Jianzhi Education Technology Group Company Limited JZ gained 19.3% to 1.1818 after gaining over 3% on Thursday.
  • SkyWest, Inc. SKYW gained 19.6% to $28.79 following strong Q1 results.
  • Intelligent Living Application Group Inc. ILAG rose 18.8% to $1.26.
  • Customers Bancorp, Inc. CUBI gained 16.6% to $21.75 after the company reported better-than-expected Q1 financial results.
  • Coursera, Inc. COUR rose 15.7% to $12.13 after the company reported better-than-expected Q1 sales results and issued guidance. The company also announced a buyback program of up to $95 million.
  • bluebird bio, Inc. BLUE gained 15.2% to $4.24 after JP Morgan initiated coverage on the stock with an Overweight rating and announced a $7 price target.
  • Lion Group Holding Ltd. LGHL gained 15.2% to $0.25.
  • Intelligent Living Application Group Inc. ILAG jumped 15% to $1.22 after adding 3% on Thursday.
  • Empire State Realty OP, L.P. ESBA gained 14.5% to $6.13.
  • Opera Limited OPRA climbed 14.4% to $11.20 following upbeat quarterly results.
  • Beazer Homes USA, Inc. BZH rose 13.8% to $19.56 following strong Q2 results.
  • New York Community Bancorp, Inc. NYCB gained 11.2% to $10.23 after the company reported better-than-expected Q1 sales results.
  • The Bancorp, Inc. TBBK climbed 10.1% to $30.61 following upbeat quarterly results.
  • BJ's Restaurants, Inc. BJRI gained 7.4% to $31.04 after reporting strong quarterly results.

Losers

  • Hillstream BioPharma, Inc. HILS fell 56.4% to $0.4750 after the company priced 5.3 million shares at $0.50 per share for gross proceeds of $2.65 million.
  • 1847 Holdings LLC EFSH dipped 30% to $0.61. 1847 Holdings engaged Griffin Archer to develop and execute marketing campaigns on behalf of its operating subsidiaries.
  • Addus HomeCare Corporation ADUS dropped 29% to $80.93. Addus HomeCare is expected to release earnings for the first quarter on May 1, 2023.
  • Cloudflare, Inc. NET shares fell 26.1% to $44.05 after the company issued weak revenue guidance and said it expects external headwinds to persist through the end of the fiscal year.
  • Appreciate Holdings, Inc. SFR fell 25.8% to $0.6752 after the company announced preliminary results for the first quarter. The company sees Q1 revenue of $6.7 million.
  • First Republic Bank FRC dropped 21.6% to $4.85 following a report suggesting the most likely outcome for the bank is FDIC receivership.
  • Centogene N.V. CNTG fell 20.2% to $0.9656 after dropping 13% on Thursday.
  • Applied Therapeutics, Inc. APLT dropped 19.8% to $1.33.
  • Vislink Technologies, Inc. VISL fell 19% to $0.2231. Vislink Technologies reported a 1-for-20 reverse stock split as part of Nasdaq compliance plan.
  • Accolade, Inc. ACCD dipped 18.7% to $13.06 after the company reported worse-than-expected Q4 sales results.
  • Snap Inc. SNAP fell 18.6% to $8.54 after the company reported worse-than-expected Q1 sales.
  • Evelo Biosciences, Inc. EVLO fell 17.9% to $0.1651 after jumping 101% on Thursday.
  • OpGen, Inc. OPGN shares fell 17.8% to $0.7400 after gaining around 9% on Thursday. OpGen recently said its German subsidiary Curetis GmbH has met the remaining key milestones under the initial research and development collaboration agreement with FIND.
  • NovaBay Pharmaceuticals, Inc. NBY dropped 17.7% to $1.1350. NovaBay Pharmaceuticals has issued secured senior convertible debentures and two series of new warrants exercisable for NovaBay common shares.
  • Pinterest, Inc. PINS fell 17.4% to $22.50 after the company reported first-quarter financial results. Pinterest reported an increase in total costs and expenses in Q1.
  • Alteryx, Inc. AYX dropped 17% to $42.34 after the company issued weak guidance.
  • Avidity Biosciences, Inc. RNA fell 16% to $12.23. Avidity Biosciences announced topline data from the Phase 1/2 MARINA trial of AOC 1001 for myotonic dystrophy type 1 (DM1).
  • Universal Insurance Holdings, Inc. UVE dropped 15% to $15.95 following Q1 results.
  • First Solar, Inc. FSLR shares fell 14.3% to $172.08 after the company reported worse-than-expected Q1 results.
  • Oil States International, Inc. OIS fell 12.3% to $6.55 following Q1 results.
  • Playtika Holding Corp. PLTK dipped 8.3% to $10.04.
  • Hub Group, Inc. HUBG fell 8% to $74.35 after the company reported worse-than-expected Q1 sales results. Additionally, the company issued FY23 EPS and sales guidance below analyst estimates.
  • Sony Group Corporation SONY fell 5.9% to $89.45 after the company reported Q4 financial results and issued guidance.
  • NatWest Group plc NWG dropped 4.8% to $6.64 as the company disclosed a 20 billion pound decline in deposits during the first quarter.

 

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