Why Cutera Shares Are Trading Lower By Around 22%? Here Are Other Stocks Moving In Wednesday's Session

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Gainers

  • Tango Therapeutics, Inc. TNGX climbed 85.2% to $7.09 after gaining 11% on Tuesday. Tango Therapeutics recently posted a narrower quarterly loss.
  • Decibel Therapeutics, Inc. DBTX gained 76% to $4.9150 after Regeneron announced it will acquire the company.
  • Benitec Biopharma Inc. BNTC jumped 75.8% to $3.3937. Benitec Biopharma reported pricing of $30 million underwritten public offering.
  • Renovaro Biosciences Inc. RENB shares gained 68.2% to $1.43 after the company and AI-focused GEDi Cube announced a binding, exclusive letter of intent to merge.
  • T Stamp Inc. IDAI climbed 48.8% to $2.3518.
  • EBET, Inc. EBET surged 40.5% to $0.0405 on abnormally-high volume. The stock was set to be suspended at the opening of business today unless the company requested an appeal of Nasdaq's Listing Qualifications Department's determination.
  • Millennium Group International Holdings Limited MGIH gained 40% to $2.7003 on strong volume.
  • Science 37 Holdings, Inc. SNCE jumped 39.3% to $0.3765 following better-than-expected quarterly results.
  • BioNexus Gene Lab Corp. BGLC gained 36.5% to $1.5699.
  • Kubient, Inc. KBNT rose 33.7% to $0.63.
  • Oportun Financial Corporation OPRT gained 31.3% to $6.90 following strong quarterly results.
  • Poseida Therapeutics, Inc. PSTX climbed 31.3% to $2.60 following quarterly results.
  • Mirati Therapeutics, Inc. MRTX surged 30.1% to $36.17 after the company reported second-quarter financial results. Also, B. Riley Securities upgraded the stock from Neutral to Buy and announced a $45 price target.
  • Allbirds, Inc. BIRD gained 29% to $1.65 after the company reported better-than-expected second-quarter financial results.
  • Array Technologies, Inc. ARRY climbed 27.8% to $22.85 following a second-quarter earnings beat.
  • Computer Task Group, Incorporated CTG gained 27.8% to $10.23 after the company announced it will be acquired by Cegeka for $10.50 per share.
  • LivePerson, Inc. LPSN rose 27.5% to $5.09 r after the company announced a second-quarter earnings beat. The company named John Collins as the Interim CEO.
  • PMV Pharmaceuticals, Inc. PMVP gained 22.3% to $8.31 after the company reported better-than-expected second-quarter EPS results.
  • Celsius Holdings, Inc. CELH jumped 21.8% to $174.73 after the company reported better-than-expected second-quarter financial results.
  • United Insurance Holdings Corp. UIHC gained 21.3% to $6.83.
  • DMC Global Inc. BOOM climbed 19.8% to $21.03 following quarterly results.
  • Dutch Bros Inc. BROS surged 19.8% to $33.55 after the company reported better-than-expected quarterly EPS results and issued FY23 guidance.
  • Azenta, Inc. AZTA gained 19.6% to $57.45 fter the company reported better-than-expected third-quarter financial results and issued fourth-quarter EPS guidance above estimates. Additionally, Needham raised its price target from $55 to $65 on the stock.
  • ThredUp Inc. TDUP climbed 19.5% to $3.85 after the company reported better-than-expected second-quarter financial results and issued revenue guidance. Also, Goldman Sachs raised its price target from $3 to $4 on the stock.
  • Planet Green Holdings Corp. PLAG rose 17.5% to $0.5670.
  • Anavex Life Sciences Corp. AVXL climbed 16.2% to $ 9.33.
  • Rapid7, Inc. RPD gained 16% to $46.15 after the company reported better-than-expected second-quarter financial results and issued FY23 EPS guidance above estimates. Additionally, Morgan Stanley raised its price target from $48 to $52 on the stock.
  • Taboola.com Ltd. TBLA jumped 15.7% to $3.8993 after the company reported better-than-expected second-quarter financial results and raised its FY23 revenue guidance.
  • Toast, Inc. TOST rose 15.7% to $23.39 after the company reported mixed quarterly financial results and issued FY23 revenue guidance above estimates.
  • Marqeta, Inc. MQ gained 15.5% to $5.73 following strong quarterly sales.
  • SciPlay Corporation SCPL rose 15.4% to $22.67 after the company reported better-than-expected second-quarter financial results.
  • Orthofix Medical Inc. OFIX gained 15.3% to $20.72 after the company reported better-than-expected second-quarter financial results and raised FY23 net sales guidance above estimates.
  • Axon Enterprise, Inc. AXON climbed 14.5% to $201.29 after the company reported better-than-expected second-quarter financial results and raised its FY23 revenue guidance above estimates.
  • EMCORE Corporation EMKR shares rose 13.5% to $0.7653 after the company posted better-than-expected quarterly sales.
  • HNI Corporation HNI rose 10.8% to $32.24 following strong quarterly earnings.
  • Akanda Corp. AKAN shares gained 10.1% to $0.6548.
  • Loop Media, Inc. LPTV shares climbed 8.3% to $ 5.73 after the company posted upbeat quarterly sales and announced strategic alignment with Microsoft Advertising.
  • SoundHound AI, Inc. SOUN shares gained 6.1% to $2.1121 after reporting better-than-expected quarterly results.

Losers

  • Palisade Bio, Inc. PALI shares dipped 64.3% to $0.69 after the company announced its U.S. Phase 2 PROFILE study evaluating LB1148 for post-surgical abdominal adhesions did not achieve the primary efficacy endpoint.
  • Tigo Energy, Inc. TYGO fell 43.3% to $12.05 after the company reported worse-than-expected second-quarter sales results and issued third-quarter revenue guidance below estimates.
  • Nxu, Inc. NXU fell 38% to $0.2099 after the company announced a $5 million public offering.
  • Nuvei Corporation NVEI fell 36.8% to $18.92 after the company reported mixed second-quarter financial results and issued third-quarter revenue guidance below estimates.
  • Bruush Oral Care Inc. BRSH declined 41.3% to $4.52 after jumping 139% on Tuesday.
  • WeWork Inc. WE shares fell 37.6% to $0.1306 following second-quarter results.
  • Mallinckrodt plc MNK fell 36.1% to $0.9260 following second-quarter results.
  • Wheels Up Experience Inc. UP dipped 36% to $1.52. Wheels Up is pursuing strategic options.
  • Upstart Holdings, Inc. UPST fell 33.9% to $34.23. Upstart reported better-than-expected results for its second quarter, but issued weak revenue forecast for the third quarter.
  • Angi Inc. ANGI dipped 32.4% to $2.6150 after the company reported worse-than-expected second-quarter financial results.
  • PubMatic, Inc. PUBM fell 31.3% to $12.76 after the company issued weak third-quarter revenue guidance.
  • Veritone, Inc. VERI fell 31.1% to $2.7550 after the company posted second-quarter results.
  • Missfresh Limited MF declined 31.1% to $1.46.
  • KVH Industries, Inc. KVHI fell 31% to $6.01 after the company reported worse-than-expected second-quarter financial results.
  • Expensify, Inc. EXFY shares declined 30.4% to $4.12 after the company reported downbeat results for its second quarter.
  • Vroom, Inc. VRM fell 30% to $1.38 after the company reported worse-than-expected second-quarter sales results.
  • Seer, Inc. SEER fell 29.8% to $3.27 after the company reported worse-than-expected second-quarter revenue results.
  • BioLife Solutions, Inc. BLFS dropped 29.4% to $12.98 after the company reported worse-than-expected second-quarter financial results and issued FY23 revenue guidance below estimates.
  • Actelis Networks, Inc. ASNS declined 29.4% to $1.5463. The stock earlier spiked after the company received orders for its hybrid copper networking solutions to expedite IoT modernization of major highway and rail systems throughout Japan.
  • Agiliti, Inc. AGTI fell 28% to $12.27 after the company reported mixed second-quarter financial results and issued FY23 adjusted EPS guidance below estimates.
  • Bright Minds Biosciences Inc. DRUG fell 26.6% to $ 3.06.
  • 2U, Inc. TWOU shares fell 26.4% to $3.15 following weaker-than-expected quarterly results.
  • Electra Battery Materials Corporation ELBM tumbled 25.8% to $0.8463.
  • AerSale Corporation ASLE fell 25.8% to $10.82 after the company reported downbeat second-quarter results and issued weak 2023 sales outlook.
  • FTC Solar, Inc. FTCI fell 25.5% to $2.5750 after the company reported worse-than-expected second-quarter financial results.
  • Doximity, Inc. DOCS shares dropped 23.4% to $25.12 after the company issued weak sales forecast.
  • Super Micro Computer, Inc. SMCI shares fell 23.3% to $266.34. Super Micro Computer posted upbeat quarterly results, but issued weak sales outlook.
  • Open Lending Corporation LPRO fell 21.6% to $8.03 after the company reported second-quarter financial results.
  • Roblox Corporation RBLX declined 21.7% to $29.52 after the company reported worse-than-expected second-quarter financial results.
  • Cutera, Inc. CUTR fell 21.6% to $13.53 after the company reported worse-than-expected second-quarter financial results.
  • FiscalNote Holdings, Inc. NOTE declined 21.4% to $2.71 after the company reported worse-than-expected second-quarter financial results.
  • LegalZoom.com, Inc. LZ fell 20.9% to $12.14 after the company reported second-quarter financial results and issued guidance for FY23.
  • Inspirato Incorporated ISPO shares fell 20.4% to $0.9543 after the company reported downbeat second-quarter results and issued weak sales outlook.
  • 8x8, Inc. EGHT fell 19.6% to $3.3850 after the company reported worse-than-expected second-quarter sales results and issued revenue guidance below estimates.
  • Infinity Pharmaceuticals, Inc. INFI declined 18.9% to $0.1062 after jumping over 45% on Tuesday.
  • Nerdy, Inc. NRDY fell 16.7% to $ 4.2650 after the company reported second-quarter financial results.
  • DXP Enterprises, Inc. DXPE declined 15.3% to $31.98 after the company reported worse-than-expected second-quarter financial results.
  • IAC Inc. IAC fell 15% to $57.03 after the company reported worse-than-expected second-quarter financial results.
  • CPI Card Group Inc. PMTS declined 13.7% to $24.33.
  • ZipRecruiter, Inc. ZIP tumbled 10.4% to $15.59 following quarterly results. Evercore ISI Group downgraded ZipRecruiter from Outperform to Neutral and lowered the price target from $20 to $18.
  • DraftKings Inc. DKNG shares fell 9.2% to $28.81 after Penn Entertainment entered into an exclusive agreement with ESPN, which gives Penn exclusive rights to the ESPN Bet trademark for online sports betting in the U.S. for an initial 10-year term.
  • Lyft, Inc. LYFT shares declined 8.8% to $10.55. Lyft reported better-than-expected sales for its second quarter and issued strong forecast for the third quarter.
  • MicroVision, Inc. MVIS declined 8.1% to $3.0225 following weak quarterly results.
  • Sony Group Corporation SONY fell 7.3% to $83.29 after the company reportedly said a smartphone market recovery was not expected until 2024.
  • Tilray Brands, Inc. TLRY fell 5.3% to $2.8601. Tilray Brands shares jumped 36% on Tuesday after the company announced an agreement to acquire eight beer and beverage brands from Anheuser-Busch.

 

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