Why Beyond Air Shares Are Trading Lower By Around 37%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session

Shares of Beyond Air, Inc. XAIR dipped during Tuesday’s session following weak quarterly results.

Beyond Air posted a quarterly loss of 51 cents per share, versus market estimates of 51 cents per share. The company’s quarterly sales came in $239,000, versus expectations of $480,000.

Beyond Air shares fell 37.3% to $1.2701 on Tuesday.

Here are other stocks moving in today's session.

Gainers

  • BioCardia, Inc. BCDA shares jumped 235.8% to $1.34 after the company announced the FDA approval of its Phase 3 clinical trial of its CardiAMP autologous cell therapy for the treatment of patients with ischemic heart failure.
  • reAlpha Tech Corp. AIRE shares surged 67.4% to $9.86 after jumping around 34% on Monday.
  • Theseus Pharmaceuticals, Inc. THRX shares rose 47.5% to $3.16 after the company announced process to explore strategic alternatives.
  • SuperCom Ltd. SPCB gained 38% to $0.5153 following third-quarter earnings.
  • INVO Bioscience, Inc. INVO shares climbed 37.3% to $2.21 after the company posted a narrower loss for the third quarter.
  • Talis Biomedical Corporation TLIS gained 33.4% to $7.19 as the company announced exploration of strategic alternatives and cost reduction plan to preserve cash.
  • PureCycle Technologies, Inc. PCT gained 27.7% to $3.91.
  • Hyzon Motors Inc. HYZN surged 24.3% to $0.9798 following third-quarter results.
  • American Coastal Insurance Corporation ACIC gained 23.8% to $8.48 following quarterly results.
  • Cutera, Inc. CUTR rose 20% to $2.10.
  • Farfetch Limited FTCH gained 19.3% to $1.5750.
  • Portage Biotech Inc. PRTG rose 19% to $1.44.
  • Sunnova Energy International Inc. NOVA gained 18.5% to $10.10.
  • RedHill Biopharma Ltd. RDHL climbed 18.3% to $0.3666.
  • Janux Therapeutics, Inc. JANX rose 15.8% to $8.21.
  • Sally Beauty Holdings, Inc. SBH climbed 15.5% to $9.39 following fourth-quarter earnings.
  • Adaptive Biotechnologies Corporation ADPT gained 15.1% to $3.9750. Piper Sandler maintained Adaptive Biotechnologies with an Overweight and lowered the price target from $13 to $6.
  • Ameresco, Inc. AMRC climbed 15.1% to $25.92.
  • Lyell Immunopharma, Inc. LYEL gained 14.8% to $1.78.
  • Anywhere Real Estate Inc. HOUS gained 14.3% to $5.05.
  • Pacific Biosciences of California, Inc. PACB rose 14.1% to $7.34.
  • PodcastOne, Inc. PODC gained 14% to $2.68.
  • SL Green Realty Corp. SLG climbed 14% to $33.75.
  • Plug Power Inc. PLUG rose 13.8% to $3.95.
  • Uniti Group Inc. UNIT climbed 13.6% to $5.17.
  • Sunrun Inc. RUN gained 13.5% to $10.48.
  • Digital Health Acquisition Corp. DHAC climbed 12.2% to $13.80.
  • The E.W. Scripps Company SSP jumped 11% to $7.35.
  • Evoke Pharma, Inc. EVOK gained 9.6% to $1.4034.
  • Zillow Group, Inc. Z gained 9.2% to $38.98. PHH Mortgage announced new subservicing agreement with Zillow Home Loans.
  • Snap Inc. SNAP rose 9% to $12.32 following reports suggesting Amazon has reached a deal to run shopping ads on the app.
  • Absci Corporation ABSI rose 8.8% to $1.36. Almirall and Absci disclosed AI drug discovery partnership to rapidly develop novel treatments for dermatological diseases.
  • PaxMedica, Inc. PXMD gained 7% to $1.8293. The company recently announced research findings in the Annals of General Psychiatry regarding a study on low-dose suramin intravenous infusions as a potential treatment for Autism Spectrum Disorder.

Losers

  • Li-Cycle Holdings Corp. LICY shares tumbled 61.5% to $0.5633. The company reported third-quarter financial results.
  • The Beauty Health Company SKIN shares fell 61% to $1.52 after the company reported weaker-than-expected financial results for its third quarter and revised its net sales outlook. Also, the company suspended its long-term full-year 2025 forecast.
  • Kubient, Inc. KBNT were down 54% to $0.1001. Kubient announced voluntary delisting from Nasdaq Capital Market.
  • Applied UV, Inc. AUVI was down, falling 44% to $0.1504. Applied UV announced pricing of $6.4 million upsized underwritten public offering of 42,666,666 units at $0.15 per unit.
  • Harrow, Inc. HROW shares fell 37% to $8.10 as the company reported downbeat third-quarter financial results and lowered its revenue guidance.
  • Gamida Cell Ltd. GMDA fell 34.2% to $0.39 as the company reported third-quarter financial results.
  • Renalytix Plc RNLX fell 28.3% to $0.6088 following first-quarter results.
  • BioXcel Therapeutics, Inc. BTAI dipped 23.1% to $4.2399 following weak quarterly results.
  • Sea Limited SE fell 21.7% to $36.00 after the company reported quarterly financial results.
  • Fisker Inc. FSR shares fell 21.7% to $3.2165 following third-quarter results.
  • Salem Media Group, Inc. SALM fell 21.1% to $0.60 following third-quarter results.
  • Asure Software, Inc. ASUR fell 21.1% to $6.76 following third-quarter results.
  • Lufax Holding Ltd LU declined 18.8% to $0.8277 following third-quarter results.
  • NET Power Inc. NPWR fell 17.2% to $11.03 after the company reported worse-than-expected third-quarter EPS results.
  • Tenax Therapeutics, Inc. TENX fell 16.2% to $0.5199. Tenax Therapeutics shares jumped 297% on Monday morning after the company received FDA clearance of the IND for TNX-103, an oral levosimendan, to treat pulmonary hypertension with heart failure with preserved ejection fraction (PH-HFpEF).
  • TRACON Pharmaceuticals, Inc. TCON fell 13.1% to $0.1860 after declining around 7% on Monday. TRACON Pharma recently posted a profit for the third quarter.
  • Hut 8 Mining Corp. HUT fell 13% to $1.7699 following third-quarter results.
  • Beneficient BENF fell 13% to $0.5736 following second-quarter results.
  • MicroStrategy Incorporated MSTR declined 8.3% to $462.26.
  • Peraso Inc. PRSO shares fell 8% to $0.22 after the company announced third-quarter results.
  • Akili, Inc. AKLI shares fell 7.1% to $0.4105. The company recently posted a narrower-than-expected quarterly loss.
  • Runway Growth Finance Corp. RWAY fell 7.1% to $12.29. Runway Growth Finance priced secondary offering of 3.75 million common shares by selling stockholders at $12.56 per share.

Now Read This: Nasdaq Surges 2%; US Inflation Rate Slows In October

Market News and Data brought to you by Benzinga APIs
Posted In: NewsPenny StocksSmall CapIntraday UpdateMarketsMoversTrading IdeasMid-Day MoversTop Gainers
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...