Why JetBlue Airways Shares Are Trading Lower By Over 10%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session

Shares of JetBlue Airways Corporation JBLU fell sharply during Tuesday’s session.

JetBlue’s President & COO Joanna Geraghty will succeed Robin Hayes as CEO, effective Feb. 12, 2024. B of A Securities analyst Andrew Didora downgrades JetBlue Airways from Neutral to Underperform and lowered the price target from $6 to $3.

JetBlue Airways shares dipped 10.9% to $5.13 on Tuesday.

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

Gainers

• NexImmune, Inc. NEXI shares jumped 89.2% to $14.32.
• Sentage Holdings Inc. SNTG shares climbed 65.3% to $3.52.
• MicroCloud Hologram Inc. HOLO gained 41.9% to $0.3450.
• Cutera, Inc. CUTR surged 28.2% to $4.2150. Cutera said it expects FY23 revenue of $211.5 million to $212.5 million versus prior guidance of $205 million.
• Virios Therapeutics, Inc. VIRI shares rose 28% to $0.7520.
• Galera Therapeutics, Inc. GRTX jumped 26% to $0.1880.
• Adicet Bio, Inc. ACET gained 26% to $3.10.
• NGM Biopharmaceuticals, Inc. NGM gained 24.6% to $1.5700. NGM Bio announced clinical data from trial of NGM707 In advanced solid tumors and outlines evolved strategy for aldafermin and NGM120.
• Galera Therapeutics, Inc. GRTX gained 23.5% to $0.1844.
• Juniper Networks, Inc. JNPR rose 21.5% to $36.71. Hewlett Packard Enterprise Co HPE is reportedly in advanced discussions to acquire networking equipment competitor Juniper Networks.
• LeddarTech Holdings Inc. LDTC gained 19.1% to $3.99. LeddarTech launched LeddarVision Surround-View (LVS-2+), a premium highway assist software stack on an embedded platform, at CES 2024.
• cbdMD, Inc. YCBD rose 18.7% to $0.8680.
• Accolade, Inc. ACCD climbed 17.2% to $13.61 following third-quarter results.
• Century Aluminum Company CENX jumped 14.4% to $12.18. B. Riley Securities upgraded Century Aluminum from Neutral to Buy and raised the price target from $10 to $14.
• ACM Research, Inc. ACMR gained 12.8% to $19.22. ACM Research said it sees FY23 revenue of $530 million to $545 million.
• Jowell Global Ltd. JWEL gained 10.8% to $2.25.
• Acuity Brands, Inc. AYI jumped 10.2% to $225.51 after the company reported better-than-expected first-quarter earnings.
• Zoomcar Holdings, Inc. ZCAR rose 10.1% to $4.37.
• Urban Outfitters, Inc. URBN gained 9.1% to $39.17 after the company reported a 10% increase in total company net sales for the two months ended Dec. 31, 2023.
• Illumina, Inc. ILMN rose 8.2% to $144.72 after the company reported preliminary FY23 consolidated revenue guidance above estimates.

Losers

• Denali Capital Acquisition Corp. DECA shares fell 28.6% to $7.80.
• Top KingWin Ltd TCJH fell 26% to $0.8660 after dipping 39% on Monday.
• Grifols, S.A. GRFS shares fell 24.6% to $8.39 following a report from Gotham City Research titled "Grifols SA: Scranton and the Undisclosed Debts."
• Pono Capital Three, Inc. PTHR declined 22.4% to $7.64.
• Nauticus Robotics, Inc. KITT dipped 20.6% to $0.2920.
• E-Home Household Service Holdings Limited EJH fell 17.5% to $0.4291.
• Safe and Green Development Corporation SGD dipped 16.8% to $1.53. Safe and Green Development announced strategic property monetization initiative throughout 2024.
• Ainos, Inc. AIMD fell 16% to $2.42.
• The Container Store Group, Inc. TCS dipped 15.2% to $1.9599. The Container Store Group said it sees third-quarter net sales of $214 million versus estimates of $225.38 million.
• Canoo Inc. GOEV shares fell 14.1% to $0.2163. Canoo shares gained around 6% on Monday after the company announced the purchase of manufacturing assets "at dramatically reduced prices" to scale production at its Oklahoma City facility.
• KORE Group Holdings, Inc. KORE dipped 10.7% to $0.9099.
• Bit Brother Limited BETS fell 10.7% to $0.0058 after dipping 15% on Monday. Bit Brother announced a 1-for-1,000 reverse share split.
• Tilray Brands, Inc. TLRY fell 9.6% to $2.1150 following weak quarterly sales.
• MorphoSys AG MOR dipped 9.1% to $9.18.
• Neogen Corporation NEOG fell 8.6% to $18.14 after the company reported worse-than-expected second-quarter financial results and lowered its FY24 sales guidance below estimates.
• Unity Software Inc. U fell 8% to $35.85 after it disclosed a job cut.
• Bowlero Corp. BOWL declined 7.6% to $12.62.
• Hewlett Packard Enterprise Company HPE fell 7.5% to $16.42. HP might be on the verge of acquiring Juniper Networks, in a deal possibly worth around $13 billion. The announcement could be made as early as this week, according to The Wall Street Journal.

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