Why Progressive Shares Are Trading Lower By 12%? Here Are Other Stocks Moving In Thursday's Mid-Day Session

Gainers

  • Synaptogenix, Inc. SNPX gained 85.5% to $1.6291. Synaptogenix abstract highlighting Bryostatin-1 benefits in severe Alzheimer's disease accepted for presentation at 11th International Brain Research Organization World Congress Of Neuroscience.
  • Jiuzi Holdings, Inc. JZXN shares surged 55.4% to $4.3350. The stock began trading on a 1:18 reverse split on July 10.
  • EdtechX Holdings Acquisition Corp. II EDTX gained 33.2% to $19.00.
  • Snail, Inc. SNAL shares rose 31.2% to $2.1657 after gaining around 3% on Wednesday.
  • 60 Degrees Pharmaceuticals, Inc. SXTP shares gained 29.5% to $6.83. 60 Degrees Pharmaceuticals announced pricing of initial public offering at $5.30 per unit for total of $7.5 million.
  • Fresh Vine Wine, Inc. VINE rose 25.6% to $0.6546.
  • Moleculin Biotech, Inc. MBRX gained 21% to $0.7424. Moleculin announced publication of data from successful European Phase 1 trial evaluating annamycin as single agent treatment of relapsed or refractory acute myeloid leukemia.
  • Nikola Corporation NKLA climbed 18% to $1.62. Nikola and Bayotech partnered to advance zero-emission hydrogen delivery.
  • Hycroft Mining Holding Corporation HYMC rose 17.8% to $0.4841.
  • Hyzon Motors Inc. HYZN climbed 17.8% to $1.3199.
  • Jiayin Group Inc. JFIN gained 17.8% to $6.28.
  • SurgePays, Inc. SURG rose 17.3% to $5.41 as the company issued updates for shareholders.
  • Kingsoft Cloud Holdings Limited KC gained 16.9% to $6.70.
  • Pioneer Power Solutions, Inc. PPSI rose 16.6% to $8.82. Pioneer Power won $6.2 million in E-Bloc orders from new customers to support EV charging and microgrid applications.
  • Wheels Up Experience Inc. UP climbed 16.4% to $1.6999.
  • Sify Technologies Limited SIFY gained 16.1% to $2.53.
  • Camtek Ltd. CAMT surged 15.5% to $39.17 after the company announced it received orders for 42 systems from several tier-1 semiconductor manufacturers and said order momentum increased expectations for a stronger second half of 2023.
  • HIVE Digital Technologies Ltd. HIVE gained 14.3% to $6.47.
  • Stratasys Ltd. SSYS rose 13% to $21.69 after 3D Systems announced an enhanced, binding offer to combine with the company.
  • TeraWulf Inc. WULF gained 10.7% to $3.51.
  • Rocket Lab USA, Inc. RKLB rose 10.1% to $6.68.
  • MillerKnoll, Inc. MLKN gained 9.8% to $18.07 following better-than-expected quarterly results.
  • Unity Software Inc. U gained 6.8% to $46.68.

Losers

  • First Wave BioPharma, Inc. FWBI fell 32.9% to $0.8986 after the company said preliminary data from Phase 2 SPAN trial indicate that it is likely the primary efficacy endpoint was not achieved.
  • Viasat, Inc. VSAT shares fell 30.3% to $29.96 after the company reported an unexpected event during reflector deployment that may impact ViaSat-3 Americas satellite performance.
  • Cryoport, Inc. CYRX fell 25.4% to $14.48 after the company announced lower than expected interim second-quarter earnings, FY23 guidance.
  • The NFT Gaming Company, Inc. NFTG fell 23.6% to $1.02. The NFT Gaming Company applauds decision to enable non-fungible tokens on Google Play
  • Healthcare Triangle, Inc. HCTI fell 22.1% to $4.83. Healthcare Triangle shares jumped over 90% on Wednesday after the company launched ransomware initiative aimed at protection, prevention for healthcare providers.
  • Lion Group Holding Ltd. LGHL declined 21.6% to $4.00 following effect of 1:28 reverse stock split.
  • T2 Biosystems, Inc. TTOO fell 20.3% to $0.1007. T2 Biosystems reported lower than expected preliminary Q2 sales of $2 million.
  • Cadrenal Therapeutics, Inc. CVKD declined 20% to $1.80. Cadrenal Therapeutics announced $7.5 million private placement of 4,285,715 shares of common stock at a purchase price of $1.75 per share.
  • Eloxx Pharmaceuticals, Inc. ELOX fell 19.7% to $7.77. Eloxx Pharmaceuticals shares climbed around 28% on Wednesday after Oppenheimer maintained an Outperform rating on the stock and raised its price target from $50 to $55.
  • Ault Alliance, Inc. AULT shares fell 19.4% to $4.2773. Ault Alliance shares jumped over 60% on Wednesday after the company said it anticipates $200 million in annual revenue for 2023.
  • SunCar Technology Group Inc. SDA shares declined 18.8% to $9.50.
  • NextDecade Corporation NEXT shares slipped 18% to $6.95. NextDecade disclosed the final investment decision (FID) related to the Phase 1 construction at its Rio Grande LNG (RGLNG) export facility in Brownsville, Texas. The company planned to proceed with RGLNG Phase 1, which includes building the first three liquefaction trains at the 27 million tonnes per annum (MTPA) facility.
  • TMC the metals company Inc. TMC shares fell 16.6% to $2.01.
  • TG Therapeutics, Inc. TGTX shares dipped 13.1% to $22.13.
  • iPower Inc. IPW fell 12.6% to $1.0399. iPower announced a strategic partnership with LTMATE Global.
  • Generation Bio Co. GBIO shares declined 12% to $6.07.
  • The Progressive Corporation PGR shares fell 11.8% to $116.48 after it reported below-consensus second-quarter results.
  • MediaAlpha, Inc. MAX shares tumbled 10.5% to $9.78.
  • Galmed Pharmaceuticals Ltd. GLMD fell 9.1% to $2.21. Galmed recently announced plans to employ OnKai's disruptive artificial intelligence in its planned Phase 2a clinical trial in PSC.
  • Designer Brands Inc. DBI shares declined 8.8% to $9.76. Designer Brands Form4 filing showed Vice Chair Deborah L Ferree sold 53,257 shares at an average price of $10.24 per share.
  • Vroom, Inc. VRM fell 7.5% to $2.2550.
  • Carvana Co. CVNA shares declined 6.7% to $36.27 after JP Morgan downgraded the stock from Neutral to Underweight and announced a $10 price target.

 

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