Why KeyCorp Shares Are Trading Lower By Over 5%? Here Are Other Stocks Moving In Thursday's Mid-Day Session

Shares of KeyCorp KEY moved lower during Thursday’s session after the company reported fourth-quarter financial results.

Revenues of $1.538 billion, down 19.0% Y/Y, slightly topped the consensus of $1.532 billion. Adjusted EPS of 25 cents topped the street view of 23 cents.

KeyCorp shares fell 5.4% to $13.10 on Thursday.

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

Gainers

  • Lytus Technologies Holdings PTV. Ltd. LYT shares jumped 92.8% to $0.1824 after falling 5% on Wednesday.
  • Agrify Corporation AGFY shares jumped 90% to $2.2401. Agrify said it entered into first Hydrocarbon Extraction Lab & Vertical Farming unit facility in California.
  • Phunware, Inc. PHUN shares jumped 67.9% to $0.2730. Phunware shares dipped 61% on Wednesday after the company announced pricing of a $7 million registered direct offering price at-the-market under Nasdaq rules.
  • Celularity Inc. CELU shares surged 43.4% to $0.2705 after falling more than 5% on Wednesday.
  • Marpai, Inc. MRAI shares jumped 34.4% to $1.1359 after declining over 8% on Wednesday. Marpai recently named John Powers as President.
  • Akoustis Technologies, Inc. AKTS gained 21.7% to $0.7698.
  • Baijiayun Group Ltd RTC gained 18.8% to $3.73.
  • M.D.C. Holdings, Inc. MDC rose 18.2% to $62.76 after the company announced it will be acquired by Sekisui House.
  • CURO Group Holdings Corp. CURO gained 15.7% to $0.8499.
  • Lexeo Therapeutics, Inc. LXEO rose 13% to $19.58.
  • Aurora Technology Acquisition Corp. ATAK gained 13% to $4.79.
  • Acasti Pharma Inc. ACST jumped 12.4% to $2.45.
  • Dada Nexus Limited DADA gained 11.8% to $1.6750. Dada Nexus recently announced that it discovered suspicious practices in an internal audit.
  • Cadrenal Therapeutics, Inc. CVKD surged 11.8% to $0.9499 after gaining over 7% on Wednesday.
  • Lanvin Group Holdings Limited LANV jumped 9.3% to $2.5901.
  • LiveRamp Holdings, Inc. RAMP gained 9.2% to $40.30. LiveRamp Holdings said it sees preliminary third-quarter revenue of $174 million and announced plans to acquire Habu.
  • Roma Green Finance Limited ROMA surged 8.8% to $1.24 after tumbling over 70% on Wednesday.
  • Taiwan Semiconductor Manufacturing Company Limited TSM gained 8.1% to $111.26 after the company reported better-than-expected fourth-quarter financial results.
  • Hertz Global Holdings, Inc. HTZ gained 7.1% to $8.95 after Morgan Stanley upgraded the stock from Equal-Weight to Overweight but cut its price target form $16 to $15.

Losers

  • Aravive, Inc. ARAV shares dipped 50.9% to $0.0542. Aravive intends to voluntarily terminate the listing of its common stock on the Nasdaq Global Select Market.
  • Processa Pharmaceuticals, Inc. PCSA fell 28.7% to $0.1975. Processa Pharmaceuticals said it will effect a 1-for-20 reverse stock split.
  • Newcourt Acquisition Corp NCAC shares fell 27.3% to $8.43 after gaining around 12% on Wednesday.
  • Cano Health, Inc. CANO dipped 26.4% to $1.76.
  • eHealth, Inc. EHTH fell 23.3% to $5.36. Craig-Hallum analyst George Sutton downgraded eHealth from Buy to Hold.
  • ZyVersa Therapeutics, Inc. ZVSA declined 23% to $0.53. ZyVersa Therapeutics recently announced the publication of an article in the peer-reviewed journal Acta Neuropathologica Communications, demonstrating that inflammasome activation enhances cancer metastasis to the brain in women with triple-negative breast cancer (TNBC).
  • ProQR Therapeutics N.V. PRQR fell 20.4% to $2.2678.
  • Li-Cycle Holdings Corp. LICY declined 18.5% to $0.4251.
  • LuxUrban Hotels Inc. LUXH fell 18% to $3.5430. LuxUrban responded to allegations in short seller report, highlighting mischaracterizations and speculation.
  • Nuvve Holding Corp. NVVE shares fell 18.2% to $0.0830. Nuvve Holding will effect 1-for-40 reverse stock split, to be effective Jan. 19, 2024.
  • Zoomcar Holdings, Inc. ZCAR fell 16.8% to $4.25. Zoomcar recently appointed Adarsh Menon as President.
  • QuantaSing Group Limited QSG declined 16.4% to $2.5410. QuantaSing said it launched private label Chinese Baijiu brand YUNTING.
  • Cutera, Inc. CUTR fell 16% to $3.0601. Cutera recently reported preliminary FY23 revenue guidance above prior estimates.
  • Airspan Networks Holdings Inc. MIMO shares declined 13.5% to $0.1900. Airspan shares jumped 186% on Wednesday after the company announced a partnership with GCT Semiconductor to develop an RF module.
  • Spirit Airlines, Inc. SAVE fell 12.2% to $5.39 on continued downward momentum after a federal judge blocked JetBlue Airways from acquiring the company. Citigroup analyst Stephen Trent downgraded Spirit Airlines from Neutral to Sell and lowered the price target from $13 to $4.
  • Plug Power Inc. PLUG shares dipped 12.1% to $2.4050 after the company announced it entered into an at market issuance sales agreement with B. Riley Securities for a common stock offering of up to $1 billion.
  • Meta Materials Inc. MMAT shares declined 11.8% to $0.0673 after gaining 5% on Wednesday.
  • Humana Inc. HUM fell 11.5% to $396.49 after the company issued soft 2023 adjusted EPS guidance.
  • Fortuna Silver Mines Inc. FSM declined 11.2% to $3.14. Fortuna Silver Mines said fourth-quarter gold equivalent production rose 6% sequentially, while silver production fell 19% quarter-over-quarter.
  • Sify Technologies Limited SIFY dipped 10.8% to $1.56 after the company reported worse-than-expected third-quarter sales results.
  • Nukkleus Inc. NUKK fell 9.4% to $1.2510 after falling 6% on Wednesday. Nukkleus announced its intention to expand its investment in Jacobi Asset Management, known for sponsoring Europe’s first approved Bitcoin spot ETF.
  • Mersana Therapeutics, Inc. MRSN dipped 8.3% to $2.65.
  • Discover Financial Services DFS fell 6.9% to $101.22 after the company reported a 62% plunge in its profit for the fourth quarter on Wednesday.
  • U.S. Bancorp USB slipped 3.7% to $39.31.

 

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