Shares of Perficient, Inc PRFT shares rose sharply during Monday's session after the company disclosed an acquisition deal and first-quarter FY24 results.
The company stated that it has entered into a definitive deal to be acquired by an affiliate of BPEA Private Equity Fund VIII (EQT Asia), part of EQT AB in an all-cash transaction at an enterprise value of around $3.0 billion.
Perficient shares jumped 53% to $73.60 on Monday.
Here are some other stocks moving in today’s mid-day session.
Gainers
- BioCryst Pharmaceuticals, Inc. BCRX gained 19% to $5.30 following strong first-quarter results.
- Pacific Biosciences of California, Inc. PACB rose 15% to $2.1050.
- Marathon Digital Holdings, Inc. MARA gained 13.2% to $19.83.
- Trupanion, Inc. TRUP rose 10.9% to $22.02. The company recently reported first-quarter financial results.
- Ocugen, Inc. OCGN surged 10.9% to $1.4750. Ocugen is expected to host conference call on Tuesday, May 14 to discuss business updates and first quarter 2024 financial results.
- SNDL Inc. SNDL shares gained 10.5% to $2.5999.
- SelectQuote, Inc. SLQT jumped 10.3% to $2.25. SelectQuote is expected to Release fiscal third quarter 2024 earnings on May 9.
- Lotus Technology Inc. LOT gained 9.4% to $7.80.
- Atlas Energy Solutions Inc. AESI rose 7.7% to $23.65, reversing from earlier weakness after reporting first-quarter results. The company also raised its dividend.
Losers
- EyePoint Pharmaceuticals, Inc. EYPT dipped 37.7% to $12.29 after the company’s Phase 2 PAVIA trial of DURAVYU did not meet its pre-specified primary endpoint.
- Integra LifeSciences Holdings Corporation IART shares dropped 17.8% to $23.76 following weak second-quarter EPS guidance.
- Bowlero Corp. BOWL fell 16.7% to $10.40 in pre-market trading after posting weaker-than-expected quarterly results.
- Braskem S.A. BAK shares declined 15.5% to $7.63 in pre-market trading after shareholder Novonor said Adnoc has no interest in continuing the process on a potential transaction.
- GameStop Corp. GME fell 15.2% to $13.97 after the stock rose more than 40% last week.
- Uniti Group Inc. UNIT fell 11.5% to $3.9489 after the company announced plans for a $300 million offering of 10.50% Senior Secured Notes due 2028 by its subsidiaries.
- TreeHouse Foods, Inc. THS dipped 10.3% to $33.41 after the company reported mixed first-quarter financial results including a net sales decline.
- Spirit Airlines, Inc. SAVE declined 9.8% to $3.3450 as the company reported a first-quarter fiscal 2024 revenue decline of 6.2% Y/Y to $1.265 billion, marginally missing the consensus of $1.269 billion.
- Critical Metals Corp. CRML fell 7.9% to $9.18.
- Tyson Foods, Inc. TSN fell 7.8% to $57.18 following weak quarterly sales.
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