Why Etsy Shares Are Trading Lower By Around 8%? Here Are Other Stocks Moving In Thursday's Mid-Day Session

Shares of Etsy, Inc. ETSY fell sharply during Thursday’s session after the company reported mixed fourth-quarter financial results.

Etsy reported quarterly earnings of 62 cents per share which missed the analyst consensus estimate of 78 cents. The company reported quarterly sales of $842.3 million, beating the analyst consensus estimate of $827.81 million.
Etsy shares dipped 7.5% to $71.34 on Thursday.

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

Gainers

  • La Rosa Holdings Corp. LRHC shares jumped 160.7% to $3.6499 after the company said it has acquired a 100% interest in the Company's franchisee - La Rosa Realty Winter Garden LLC located in Winter Garden, Florida.
  • BuzzFeed, Inc. BZFD jumped 91.4% to $0.4150 after the company revealed the sale of Complex Networks to NTWRK, a live-streaming video commerce platform. The deal, valued at $108.6 million, will also result in a 16% reduction in BuzzFeed’s workforce.
  • Monopar Therapeutics Inc. MNPR rose 80.7% to $1.03 after the company disclosed promising preclinical data for its MNPR-101 radiopharma program targeting advanced cancers.
  • Root, Inc. ROOT shares gained 40.8% to $12.21 after posting better-than-expected fourth-quarter results.
  • Novavax, Inc. NVAX jumped 34.7% to $5.36. Novavax has reached a settlement related to the 2021 advance purchase agreement for Novavax's prototype Covid-19 vaccine (NVX-COV2373).
  • EZFill Holdings Inc. EZFL rose 34.3% to $1.86. EzFill announced preliminary 2023 revenues of $23 million, up 54% year over year.
  • Mercurity Fintech Holding Inc. MFH jumped 30% to $2.93.
  • Mativ Holdings, Inc. MATV gained 27.6% to $15.00 following upbeat earnings.
  • Venus Concept Inc. VERO shares climbed 26.9% to $1.6242 after the company received CE Mark from DEKRA Certification B.V. to market Venus Versa Pro in Europe.
  • Outset Medical, Inc. OM gained 26% to $4.0680 following upbeat results.
  • Ocular Therapeutix, Inc. OCUL rose 22.2% to $9.19 after announcing a $325.0 million private placement.
  • Remitly Global, Inc. RELY shares rose 19.5% to $21.13 after the company reported better-than-expected fourth-quarter financial results.
  • B. Riley Financial, Inc. RILY gained 19.3% to $18.13. B. Riley’s board issued a statement regarding internal review.
  • Super Micro Computer, Inc. SMCI jumped 19.2% to $875.07. Supermicro announced a proposed offering of $1.5 billion of convertible senior notes due 2029.
  • Bone Biologics Corporation BBLG gained 18.4% to $3.73.
  • Amylyx Pharmaceuticals, Inc. AMLX rose 17.5% to $18.00 following strong sales results.
  • ACV Auctions Inc. ACVA gained 16.9% to $16.37 after the company reported better-than-expected fourth-quarter financial results and announced the settlement of its antitrust litigation related to the AutoIMS technology platform.
  • FTI Consulting, Inc. FCN jumped 15.5% to $219.72 following upbeat results.
  • NVIDIA Corporation NVDA rose 15.4% to $778.61 after the company reported better-than-expected fourth-quarter financial results and issued strong revenue guidance for the first quarter.
  • OUTFRONT Media Inc. OUT gained 15.4% to $14.35 following upbeat results.
  • Lantheus Holdings, Inc. LNTH rose 14.4% to $64.90 following strong results.
  • Enerplus Corporation ERF rose 13.7% to $18.67.
  • Indivior PLC INDV gained 13.3% to $19.83 following fourth-quarter results.
  • Recursion Pharmaceuticals, Inc. RXRX rose 12.2% to $13.88.
  • Agile Therapeutics, Inc. AGRX gained 11.1% to $1.10. Agile Therapeutics was granted extension by Nasdaq Hearings Panel to regain compliance until March 25, 2024. The company sees FY23 revenue of $20 million to $21 million. Agile Therapeutics announces exercise of warrants for $4.8 million gross proceeds.
  • Synopsys, Inc. SNPS gained 10.7% to $601.93 after the company reported better-than-expected first-quarter adjusted EPS results and issued strong guidance.
  • Q2 Holdings, Inc. QTWO rose 9.5% to $45.82 following strong results.
  • Eastside Distilling, Inc. EAST shares rose 7.6% to $1.0340.
  • DigitalOcean Holdings, Inc. DOCN gained 6.8% to $38.29 following upbeat results.

Losers

  • Draganfly Inc. DPRO shares fell 50.3% to $0.1790 after the company announced pricing of $3.6 million underwritten public offering.
  • Greenbrook TMS Inc. GBNH fell 46.6% to $0.2024 after the company announced a $1.2 million registered direct offering of 6 million shares at $0.20 per share purchase price.
  • Synaptogenix, Inc. SNPX shares fell 29.5% to $0.1839 after surging 29% on Wednesday. Synaptogenix received a Notice of Allowance for its U.S. Patent application 17/665,033 titled "Halogenated Esters of Cyclopropanated Unsaturated Fatty Acids for Use in the Treatment of Neurodegenerative Diseases."
  • Rivian Automotive, Inc. RIVN fell 26.8% to $11.25 after the company reported a wider-than-expected loss for its fourth quarter and announced plans to reduce its salaried workforce by around 10% to help further improve costs. The company said it sees production of 57,000 vehicles in 2024.
  • MMTec, Inc. MTC fell 23.2% to $1.0750.
  • Goosehead Insurance, Inc GSHD dipped 21.2% to $68.78 after the company reported worse-than-expected fourth-quarter financial results and issued FY24 revenue guidance below estimates.
  • Bel Fuse Inc. BELFA fell 20.1% to $59.16 after the company reported weak fourth-quarter financial results.
  • Lucid Group, Inc. LCID shares fell 19.1% to $2.9912 after the company reported mixed fourth-quarter financial results and issued guidance.
  • Sunnova Energy International Inc. NOVA dipped 18.6% to $9.52 after the company reported worse-than-expected fourth-quarter financial results.
  • ATN International, Inc. ATNI declined 18.1% to $29.20 after the company reported fourth-quarter financial results and issued guidance.
  • Pulmonx Corporation LUNG fell 17.6% to $11.94 after the company reported fourth-quarter financial results.
  • MGP Ingredients, Inc. MGPI declined 14.3% to $78.75 after the company reported fourth-quarter financial results.
  • Momentus Inc. MNTS shares fell 13.1% to $0.5995 after declining around 7% on Wednesday.
  • Standard Motor Products, Inc. SMP dipped 12.7% to $35.01 after the company reported worse-than-expected fourth-quarter financial results and issued guidance.
  • Teekay Corporation TK gained 12.4% to $7.21 after the company reported a year-over-year decrease in Q4 financial results.
  • TrueCar, Inc. TRUE dipped 11% to $3.4450 following weak sales.
  • Kratos Defense & Security Solutions, Inc. KTOS fell 8% to $18.57. Kratos Defense & Security Solutions announced a proposed public offering of $300 million of common stock.
  • Rogers Corporation ROG fell 6.8% to $108.29 following weak quarterly results.

 

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