Why Westport Fuel Systems Shares Are Trading Lower By Around 10%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session

Shares of Westport Fuel Systems Inc. WPRT fell sharply during Tuesday’s session after posting a wider-than-expected fourth-quarter loss.

Westport Fuel Systems posted a quarter loss of 81 cents per share, compared to market expectations for a loss of 51 cents per share.

Westport Fuel Systems shares dipped 9.9% to $6.52 on Monday.

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

Gainers

• Stoke Therapeutics, Inc. STOK shares gained 72.6% to $11.24 after the company announced Phase 1/2a data supporting the potential for STK-001 in Dravet syndrome.
• C3is Inc. CISS climbed 65% to $0.0581 after the company reported a year-over-year increase in fourth-quarter financial results.
• OpGen, Inc. OPGN shares climbed 48.2% to $0.7039 after the company entered into a securities purchase agreement with a private investor, David Lazar, to acquire 3 million shares of Series E Convertible Preferred Stock at $1.00 per share for aggregate gross proceeds of $3.0 million.
• Mesoblast Limited MESO gained 43.2% to $3.1501. Mesoblast was notified by the U.S. FDA that available clinical data from Phase 3 trial appear sufficient to support BLA submission for Remestemcel-L in children with steroid-refractory acute graft versus host disease.
• Praxis Precision Medicines Inc PRAX gained 31.9% to $66.63 after the company reported results from a Phase 2a proof of concept study evaluating PRAX-628 in epilepsy patients with PPR.
• Nuvation Bio Inc NUVB climbed 24.4% to $2.80 after BTIG upgraded the stock from Neutral to Buy.
• Check-Cap Ltd. CHEK shares gained 24.3% to $2.40 after the company announced that it entered into a definitive Business Combination Agreement with Nobul AI.
• Viking Therapeutics Inc VKTX shares climbed 23.3% to $85.29 after the company announced results from its Phase 1 multiple ascending dose clinical trial of an oral tablet formulation of VK2735.
• Krispy Kreme, Inc. DNUT gained 21.3% to $15.10 after the company and McDonald's expanded their partnership, with Krispy Kreme to provide donuts at McDonald's locations nationwide.
• Journey Medical Corp DERM gained 19.9% to $3.50.
• Akso Health Group AHG climbed 17.5% to $1.21.
• 9F Inc – ADR JFU gained 17% to $3.50.
• Invivyd, Inc. IVVD gained 17% to $3.78. Morgan Stanley analyst Maxwell Skor upgraded Invivyd from Equal-Weight to Overweight and raised the price target from $4 to $10.
• Sunnova Energy International Inc NOVA shares gained 16.4% to $6.28 after the company announced that it will be the sole provider of solar and battery storage services in The Home Depot stores across the United States and its territories.
• Greenwave Technology Solutions, Inc. GWAV climbed 16.3% to $0.18 after surging 24% on Monday. Greenwave Technology Solutions 13G filing showed Joseph Reda reported a 9.119% stake in the co as of March 22, 2024.
• Reddit Inc RDDT climbed 15.8% to $69.26 amid post-IPO volatility.
• Canopy Growth Corp CGC shares gained 15.6% to $7.17.
• Qurate Retail Inc QRTEB climbed 13.7% to $4.40.
• Natural Grocers by Vitamin Cottage Inc NGVC climbed 13.4% to $19.25.
• 60 Degrees Pharmaceuticals, Inc. SXTP shares rose 9.8% to $0.2660 after dipping 10% on Monday.
• Seagate Technology Holdings PLC STX gained 9.2% to $96.33 after Morgan Stanley upgraded the stock from Equal-Weight to Overweight and raised its price target from $73 to $115.
• McCormick & Company Inc MKC climbed 9% to $76.24 after the company reported better-than-expected first-quarter financial results.
• IHS Holding Ltd IHS climbed 7.6% to $3.74.
• Tesla Inc TSLA gained 5.8% to $182.65 amid reports suggest Italy has approached the company about electric truck production.

Losers

• Quhuo Limited QH dipped 68.5% to $0.40.
• NeuBase Therapeutics, Inc. NBSE fell 51.8% to $0.48 after declining around 3% on Monday.
• Cardlytics Inc CDLX dipped 40.4% to $12.06 after the company announced a $150 million proposed convertible senior notes offering.
• AppTech Payments Corp. APCX fell 39.3% to $1.00 after the company priced its 2 million share offering at $1 per share.
• Next.e.GO N.V. EGOX shares tumbled 27.6% to $0.037 after jumping around 30% on Monday.
• Professional Diversity Network Inc IPDN fell 27.2% to $1.82.
• Canoo Inc GOEV shares fell 21.4% to $3.30.
• GDS Holdings Limited GDS fell 20.2% to $6.68 after the company reported fourth-quarter results, disclosed equity raise and new CEO for its international business.
• Equillium Inc EQ shares declined 20.1% to $1.95 following fourth-quarter results.
• BYND Cannasoft Enterprises BCAN shares fell 17.9% to $1.61.
• Murano Global Investments Plc MRNO shares declined 17.9% to $14.78.
• Dada Nexus Limited DADA shares dropped 17.8% to $2.08 after the company reported downbeat fourth-quarter results.
• Etao International ETAO shares fell 14.7% to $4.35.
• Tivic Health Systems, Inc. TIVC fell 14.4% to $1.24 after posting fourth-quarter results.
• Akebia Therapeutics Inc AKBA shares dipped 9.5% to $2.00.
• Graphjet Technology GTI fell 9.3% to $7.26.
• Monte Rosa Therapeutics Inc GLUE dipped 8.4% to $7.75.
• Consol Energy Inc CEIX declined 8.1% to $79.36.
• RH RH fell 4% to $276.00. Telsey Advisory Group analyst Joseph Feldman reiterated RH with a Market Perform and maintained a $285 price target.

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