Why Lifecore Biomedical Shares Are Trading Lower By Around 32%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session

Shares of Lifecore Biomedical, Inc. LFCR fell sharply during Wednesday’s session after the company announced it concluded its strategic evaluation process, announced management succession and board changes.

Lifecore Biomedical shares dipped 31.7% to $4.91 on Wednesday.

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

Gainers

• ETAO International Co., Ltd. ETAO shares shot up 111.5% to $0.3025. The company announced a reverse stock split.
• XTL Biopharmaceuticals Ltd. XTLB gained 74.3% to $1.7950 after the company announced plans to acquire The Social Proxy.
• TruGolf Holdings, Inc. TRUG shares climbed 56% to $1.7938 after the company announced a newly expanded AI technology licensing agreement with mlSpatial.
• Treasure Global Inc. TGL climbed 39% to $6.09.
• Anghami Inc. ANGH gained 37% to $1.3703.
• Oblong, Inc. OBLG rose 30.7% to $0.1765 after the company reported financial results for fourth quarter 2023 and issued a business update.
• SCWorx Corp. WORX rose 27% to $3.6061 after surging around 54% on Tuesday.
• Edgio, Inc. EGIO gained 26% to $8.79.
• Annovis Bio, Inc. ANVS gained 25.6% to $11.21 after the company announced the completion of data cleaning for its Phase 2/3 study of Buntanetap in patients with mild to moderate Alzheimer's disease, with Topline efficacy data expected in April.
• Taysha Gene Therapies, Inc. TSHA rose 23% to $2.7650 after the company reported a year-over-year increase in FY23 EPS results.
• Cemtrex, Inc. CETX jumped 22% to $4.31.
• Swvl Holdings Corp. SWVL rose 19.7% to $10.16.
• Brenmiller Energy Ltd BNRG gained 19% to $2.94.
• CareMax, Inc. CMAX climbed 18.4% to $5.80.
• Digital World Acquisition Corp. DWAC gained 18.1% to $43.00.
• TeraWulf Inc. WULF jumped 18% to $2.0297 amid a rise in Bitcoin.
• Blade Air Mobility, Inc. BLDE rose 17.1% to $2.87 after the company announced a $20 million share repurchase program.
• Canopy Growth Corporation CGC gained 15% to $4.4056. VP Kamala Harris recently urged the DEA to reschedule marijuana.
• Pagaya Technologies Ltd. PGY surged 12.4% to $10.25.
• Iris Energy Limited IREN gained 11.3% to $5.00.
• Sportradar Group AG SRAD climbed 10.7% to $11.17 after the company reported better-than-expected fourth-quarter results and authorized a $200 million share repurchase program.
• BYND Cannasoft Enterprises Inc. BCAN climbed 10% to $0.0220 after falling 15% on Tuesday. Aegis Capital acted as Sole bookrunner on a $7.0 million underwritten public offering for BYND Cannasoft Enterprises Inc.
• The Beauty Health Company SKIN gained 9.3% to $4.3050.
• Marathon Digital Holdings, Inc. MARA jumped 7.5% to $20.77 amid a rise in Bitcoin.
• Spirit AeroSystems Holdings, Inc. SPR gained 6.7% to $35.19.

Losers

• NuScale Power Corporation SMR shares tumbled 28% to $4.73. NuScale Power shares dipped around 35% on Tuesday after Wells Fargo downgraded the stock from Equal-Weight to Underweight and lowered its price target from $7.50 to $4.50.
• Ontrak, Inc. OTRK dipped 26% to $0.3258 after jumping over 131% on Tuesday.
• Momentus Inc. MNTS fell 21.7% to $0.4647, reversing after spiking 17% on Tuesday following a US patent grant.
• Aterian, Inc. ATER dipped 21.3% to $0.26. Aterian announced a reverse stock split.
• Aquestive Therapeutics, Inc. AQST fell 15.4% to $4.51. Aquestive Therapeutics priced its $75 million underwritten public offering of 16,666,667 common shares at $4.50 per share.
• Aptorum Group Limited APM declined 14.8% to $8.20.
• Airship AI Holdings, Inc. AISP fell 14.8% to $10.88.
• Seelos Therapeutics, Inc. SEEL dipped 14.6% to $0.5550. Seelos Therapeutics recently announced that its ALS study with SLS-005 did not meet statistical significance in the primary and secondary endpoint in the Full Analysis Set.
• Astria Therapeutics, Inc. ATXS fell 13.3% to $14.47.
• Signet Jewelers Limited SIG declined 11% to $91.20 after the company reported worse-than-expected fourth-quarter sales and issued weak FY25 guidance.
• Mercurity Fintech Holding Inc. MFH fell 10.7% to $1.41.
• Harrow, Inc. HROW fell 8.6% to $9.73 after posting weaker-than-expected fourth-quarter results.
• Sotera Health Company SHC dipped 8.8% to $11.96.
• Adverum Biotechnologies, Inc. ADVM fell 7.8% to $1.52.
• BioNTech SE BNTX fell 6.3% to $88.24 after the company reported worse than expected fourth-quarter FY23 earnings and issued FY2024 guidance.

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