Why AeroVironment Shares Are Trading Lower By Over 9%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session

Shares of AeroVironment, Inc. AVAV moved lower during Wednesday’s session following second-quarter results.

AeroVironment posted adjusted earnings of 97 cents per shares, beating analysts’ estimates of 62 cents per share. The company’s revenue came in at $180.8 million beating estimates of $170.908 million.

AeroVironment shares dipped 9.2% to $128.42 on Wednesday.

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

Gainers

• Sera Prognostics, Inc. SERA shares jumped 113.4% to $4.63 after the company announced the DSMB overseeing its PRIME study recommended stopping enrollment due to efficacy.
• MicroAlgo Inc. MLGO gained 61.2% to $3.90 after the company announced it plans to establish a postgraduate training practice base.
• Phio Pharmaceuticals Corp. PHIO shares climbed 37.5% to $1.54.
• Lion Group Holding Ltd. LGHL gained 37% to $1.30 following H1 results.
• Leju Holdings Limited LEJU gained 37% to $1.8362.
• Pharvaris N.V. PHVS shares climbed 33.7% to $28.00 after the company announced the CHAPTER-1 Phase 2 clinical study met its primary endpoint.
• Greenbrook TMS Inc. GBNH shares gained 32.6% to $0.3048 after the company announced it raised $2.5 million in debt financing.
• Webuy Global Ltd WBUY jumped 32.4% to $7.88 after the company announced it entered into a non-binding MOU to acquire controlling interest in PT. Tiga Sakti Utama.
• Chanson International Holding CHSN climbed 28.2% to $6.10.
• Cano Health, Inc. CANO climbed 28% to $12.11.
• Phreesia, Inc. PHR gained 23.5% to $18.23 following third-quarter results.
• Reliance Global Group, Inc. RELI rose 22.7% to $0.9679.
• Clean Earth Acquisitions Corp. CLIN shares gained 22.6% to $7.53 after falling over 3% on Tuesday.
• Arvinas, Inc. ARVN rose 21.7% to $28.20. Arvinas and Pfizer released clinical data for vepdegestrant (ARV-471) in combination with palbociclib (IBRANCE).
• Mesa Air Group, Inc. MESA climbed 19.5% to $1.17. Mesa Air Group is expected to release its 2023 fourth quarter earnings after the closing bell on Thursday, Dec. 14.
• Altimmune, Inc. ALT jumped 18.4% to $6.13.
• SentinelOne, Inc. S gained 17.4% to $23.48 after the company reported stronger-than-expected results for its third quarter and raised its annual revenue outlook.
• TG Therapeutics, Inc. TGTX surged 13.2% to $16.21.
• The Lovesac Company LOVE rose 12.1% to $23.56 following quarterly results.
• Aspen Aerogels, Inc. ASPN shares climbed 12% to $11.93. Aspen Aerogels reported additional EV Thermal barrier commercial award and issued an update on U.S. Department of Energy loan application status.
• Applied Optoelectronics, Inc. AAOI gained 12% to $18.09. Applied Optoelectronics recently announced a proposed private offering of $80 million of convertible senior notes due 2026.
• Dave & Buster's Entertainment, Inc. PLAY gained 10.2% to $46.22 following quarterly results.
• Avis Budget Group, Inc. CAR gained 9.2% to $200.80. Avis Budget declared a special cash dividend of $10.00 per share of common stock.

Losers

• NeuroSense Therapeutics Ltd. NRSN fell 36.2% to $0.7215 after declining 24% on Tuesday. The company announced that it met its primary safety, tolerability and secondary clinical efficacy endpoints in its Phase 2b PARADIGM Trial of PrimeC in ALS.
• ImmunoPrecise Antibodies Ltd. IPA shares dipped 32.5% to $1.0401 after the company announced pricing of a $1.1 million public offering of common shares.
• Volato Group, Inc. SOAR fell 24.7% to $7.52.
• OptiNose, Inc. OPTN fell 23.8% to $1.12 after the company announced a three-month extension of the FDA review period for the supplemental new drug application for XHANCE as a treatment for chronic rhinosinusitis.
• Nvni Group Limited NVNI declined 20.4% to $1.3603.
• Yext, Inc. YEXT shares fell 19.3% to $5.66 after the company reported third-quarter financial results and issued guidance.
• Rent the Runway, Inc. RENT fell 19.2% to $0.5397 following third-quarter results.
• Chijet Motor Company, Inc. CJET declined 16.2% to $0.8299.
• Asana, Inc. ASAN shares fell 15.2% to $19.77. Asana posted upbeat results for its third quarter and issued a strong forecast for FY24.
• Cazoo Group Ltd CZOO declined 14.1% to $34.78. Cazoo Group announced methodology update for $630 million convertible notes exchange.
• Fluence Energy, Inc. FLNC shares fell 13% to $22.40 after the company announced a secondary offering of Class A common stock by existing controlling stockholders.
• XBP Europe Holdings, Inc. XBP declined 11.9% to $31.01.
• BioCryst Pharmaceuticals, Inc. BCRX declined 11.3% to $5.43.
• Janover Inc. JNVR fell 10.6% to $1.43 after surging 38% on Tuesday.
• Brown-Forman Corporation (NYSE: BF-B) fell 10.3% to $54.02 following quarterly results.
• Powell Industries, Inc. POWL declined 10.3% to $79.25 following fourth-quarter results.
• Allarity Therapeutics, Inc. ALLR shares fell 10.3% to $0.5197. Allarity recently announced initial results from its ongoing Phase 2 clinical trial evaluating the efficacy of stenoparib in women with advanced ovarian cancer.
• Box, Inc. BOX fell 9.2% to $24.24 after the company reported worse-than-expected third-quarter financial results and issued FY24 guidance below estimates.
• British American Tobacco p.l.c. BTI shares declined 8.3% to $28.93 after it reported a pre-close trading update. BAT expects to incur an accounting non-cash adjusting impairment charge relating to some U.S. cigarette brands of around £25 billion ($31.50 billion).
• Stitch Fix, Inc. SFIX fell 8.1% to $3.5550 following quarterly results.
• MongoDB, Inc. MDB shares fell 7.3% to $402.04 after the company reported third-quarter financial results.

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