Why Shapeways Holdings Shares Are Trading Lower By Around 20%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session

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Shares of Shapeways Holdings, Inc. SHPW tumbled during Wednesday’s session following downbeat results.

Shapeways Hldgs posted an adjusted loss of $1.36 per share, versus market expectations for a loss of 95 cents per share. The company’s quarterly sales came in at $8.37 million versus estimates of $8.75 million.

Shapeways shares fell 20.8% to $2.36 on Wednesday.

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

Gainers

  • Taysha Gene Therapies, Inc. TSHA shares climbed 62.4% to $2.16 after the company reported third-quarter results.
  • Chemomab Therapeutics Ltd. CMMB shares jumped 55% to $0.9497 after the FDA granted CM-101 Fast Track designation for adult patients of primary sclerosing cholangitis (PSC), a fibrotic liver disease.
  • Heron Therapeutics, Inc. HRTX climbed 50.8% to $0.8143 after the company reported mixed third-quarter financial results and issued guidance.
  • Kinnate Biopharma Inc. KNTE rose 47.7% to $2.32. The company’s board of directors received a letter from Foresite Capital Management and OrbiMed Advisors indicating their intent to explore and evaluate a potential acquisition of the company.
  • SciSparc Ltd. SPRC gained 44.5% to $6.30. SciSparc said 'trial results indicated that SciSparc's proprietary SCI-110 provided a safe and effective solution for alleviating agitation in elderly Alzheimer's patients who participated.'
  • Evelo Biosciences, Inc. EVLO gained 36% to $0.47.
  • Babcock & Wilcox Enterprises, Inc. BW climbed 34.3% to $1.75.
  • Solid Biosciences Inc. SLDB shares rose 32.7% to $2.83. Solid Biosciences announced IND clearance by the FDA for duchenne muscular dystrophy gene therapy candidate SGT-003.
  • MGO Global, Inc. MGOL shares climbed 32.4% to $0.6566 after reporting a sharp rise in third-quarter sales.
  • Beyond Air, Inc. XAIR gained 28% to $1.7920.
  • AST SpaceMobile, Inc. ASTS rose 28% to $4.8262 following third-quarter results.
  • Arcturus Therapeutics Holdings Inc. ARCT shares climbed 25.2% to $24.34 after the company reported a narrower third-quarter loss.
  • Vicarious Surgical Inc. RBOT rose 23.7% to $0.2726.
  • CorMedix Inc. CRMD gained 23% to $3.85 as the company posted a narrower-than-expected third-quarter loss.
  • Soluna Holdings, Inc. SLNH climbed 22% to $2.9499 following third-quarter results.
  • Atomera Incorporated ATOM gained 21% to $7.08. Atomera achieved revenue milestone under first commercial license agreement.
  • Gyre Therapeutics, Inc. GYRE climbed 20.5% to $11.45.
  • Dada Nexus Limited DADA climbed 20% to $4.49 following third-quarter results.
  • Icosavax, Inc. ICVX gained 19.1% to $9.63 following strong quarterly earnings.
  • Sangamo Therapeutics, Inc. SGMO jumped 19.1% to $0.4011.
  • Target Corporation TGT surged 18.2% to $130.89 after the company reported better-than-expected third-quarter financial results. The company will offer more than 10,000 items for holidays, that includes exclusives and many priced under $25.
  • iHeartMedia, Inc. IHRT gained 17.6% to $2.47. iHeartMedia and Global signed a multi-year podcast partnership deal in the UK, Ireland and US.
  • Farfetch Limited FTCH climbed 17.5% to $1.7750.
  • 60 Degrees Pharmaceuticals, Inc. SXTP climbed 17% to $0.7605 as the company said that the FDA has granted a Type C meeting to consult on the path forward in developing the tafenoquine regimen of arakoda for hospitalized babesiosis patients.
  • V.F. Corporation VFC climbed 14.3% to $17.80. JP Morgan upgraded VF from Underweight to Neutral and raised the price target from $15 to $19.
  • Chegg, Inc. CHGG gained 13.5% to $10.09. The company announced a $150 million buyback.
  • Heart Test Laboratories, Inc. HSCS shares gained 11% to $0.1999 after jumping 16% on Tuesday.
  • MYT Netherlands Parent B.V. MYTE rose 11% to $2.2750 after dipping 33% on Tuesday. Mytheresa is expected to release first quarter fiscal year 2024 financial results on Nov. 28, 2023
  • Next.e.GO N.V. EGOX shares climbed 8.1% to $0.5805 after jumping 16% on Tuesday.
  • Tripadvisor, Inc. TRIP gained 6.6% to $18.99. Bernstein upgraded TripAdvisor from Market Perform to Outperform.

Losers

  • Sadot Group Inc. SDOT shares dipped 31.5% to $0.4903 after posting a wider third-quarter loss.
  • Electriq Power Holdings, Inc. ELIQ shares fell 30.3% to $0.5704 following third-quarter results.
  • Jaguar Global Growth Corporation I JGGC shares fell 27.2% to $5.16.
  • Hanryu Holdings, Inc. HRYU fell 25.5% to $0.7001.
  • Global-e Online Ltd. GLBE fell 24.6% to $29.72 as the company reported third-quarter FY23 sales growth of 27% year-over-year, to $133.605 million, missing the consensus of $140.97 million.
  • ADDvantage Technologies Group, Inc. AEY tumbled 23.4% to $0.2450 after posting a loss for the third quarter.
  • Vintage Wine Estates, Inc. VWE fell 23.3% to $0.5822 following quarterly results.
  • Kubient, Inc. KBNT fell 22.8% to $0.1072 after the company announced it decided to voluntarily remove its stock and purchase warrants from the Nasdaq Capital Market due to noncompliance with listing requirements.
  • Aytu BioPharma, Inc. AYTU declined 21.8% to $2.2987 following weak quarterly sales.
  • Troika Media Group, Inc. TRKA dipped 20% to $1.24.
  • Ispire Technology Inc. ISPR declined 18.1% to $13.35 after jumping over 50% on Tuesday. The company reported a narrower loss for its first quarter.
  • Tivic Health Systems, Inc. TIVC shares fell 18.1% to $1.7863 following downbeat sales results for the third quarter.
  • Bitdeer Technologies Group BTDR dipped 15.2% to $4.24.
  • Volcon, Inc. VLCN declined 14.1% to $0.6581.
  • Intrusion Inc. INTZ shares fell 13.7% to $0.4571 as the company reported downbeat third-quarter financial results.
  • Peraso Inc. PRSO fell 9.6% to $0.2079. Peraso recently posted upbeat quarterly results.
  • Marpai, Inc. MRAI dipped 7.7% to $0.59. Marpai recently posted a narrower loss for the third quarter.
  • ZIM Integrated Shipping Services Ltd. ZIM fell 7.1% to $7.25 following quarterly results.
  • Momentus Inc. MNTS fell 6% to $3.3748 after reporting weak quarterly results.
  • Alcon Inc. ALC fell 5.3% to $71.01 after the company reported weak third-quarter sales and narrowed its full-year forecast.
  • Intapp, Inc. INTA shares declined 4.4% to $38.99. Intapp announced launch of underwritten secondary offering of aggregate of 5 million shares by selling stockholders.

 

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