Why ReNew Energy Global Shares Are Trading Higher By Around 14%? Here Are Other Stocks Moving In Monday's Mid-Day Session

Shares of ReNew Energy Global Plc RNW gained during Monday’s session following strong quarterly sales.

ReNew Energy Global posted quarterly sales of $345.00 million, topping market estimates of $258.41 million.

ReNew Energy raised its FY24 adjusted EBITDA guidance to INR 62 billion - INR 66 billion.

ReNew Energy Global gained 13.6% to $6.74 on Monday.

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

Gainers

  • Bruush Oral Care Inc. BRSH shares jumped 147.2% to $0.4179. Brüush received Nasdaq notification regarding minimum bid requirements.
  • Cuentas Inc. CUEN shares gained 59% to $1.5098 after reporting a narrower quarterly loss.
  • Altamira Therapeutics Ltd. CYTO jumped 52% to $0.4280. Altamira Therapeutics recently entered into a binding agreement for the sale of a 51% stake in its subsidiary Altamira Medica AG.
  • Cardio Diagnostics Holdings, Inc. CDIO gained 41.4% to $1.4000. Cardio Diagnostics Holdings announced the publication of its study in the Journal of the American Heart Association (JAHA), an official journal of the American Heart Association.
  • YPF Sociedad Anónima YPF shares climbed 40.8% to $15.11. Javier Milei‘s victory in Argentina’s presidential election sparked a rally in Argentine ADRs trading on major U.S. stock exchanges.
  • GD Culture Group Limited GDC rose 26.8% to $4.3074. GD Culture Group unveiled its transformative and photorealistic AI-driven digital human technology on TikTok.
  • Blue Star Foods Corp. BSFC shares gained 26.8% to $0.1752 after jumping 18% on Friday. Blue Star Foods recently signed a 2-year bid award purchase agreement with Sysco Corporation.
  • MIRA Pharmaceuticals, Inc. MIRA gained 25.3% to $4.2729. MIRA Pharmaceuticals announced exclusive licensing agreement for oral ketamine analog, Ketamir-2.
  • Grupo Financiero Galicia S.A. GGAL rose 25% to $15.63 after gaining 5% on Friday.
  • Transportadora de Gas del Sur S.A. TGS shares climbed 23.1% to $12.88 after gaining over 4% on Friday.
  • Central Puerto S.A. CEPU climbed 23.1% to $7.58.
  • Pampa Energía S.A. PAM gained 23% to $45.60.
  • Transportadora de Gas del Sur S.A. TGS rose 22.6% to $12.82 after gaining over 4% on Friday.
  • Banco BBVA Argentina S.A. BBAR gained 22.4% to $5.40.
  • LogicMark, Inc. LGMK shares rose 22.2% to $2.04. LogicMark recently posted GAAP loss of $1.10 per share for the third quarter.
  • IRSA Inversiones y Representaciones Sociedad Anónima IRS gained 20.3% to $7.79.
  • Telecom Argentina S.A. TEO climbed 19.4% to $6.40 after gaining around 4% on Friday.
  • Banco Macro S.A. BMA gained 17.1% to $23.71.
  • HireRight Holdings Corporation HRT jumped 17.4% to $11.81 after gaining 5% on Friday.
  • Yoshiharu Global Co. YOSH shares climbed 15.7% to $0.4050. The company recently reported an increase in quarterly sales.
  • Gyre Therapeutics, Inc. GYRE gained 15.6% to $17.00.
  • MediciNova, Inc. MNOV rose 15.2% to $2.0508. The company announced new data and results of a Phase 2 clinical trial of MN-166 (ibudilast) in glioblastoma presented at the 28th Annual Meeting of the Society for Neuro-Oncology.
  • Kronos Bio, Inc.KRON gained 14.4% to $1.2699. Kronos recently posted downbeat quarterly results.
  • Loma Negra Compañía Industrial Argentina Sociedad Anónima LOMA gained 14.4% to $6.80.
  • Iovance Biotherapeutics, Inc. IOVA rose 13.6% to $5.74. Goldman Sachs initiated coverage on Iovance Biotherapeutics with a Buy rating and announced a price target of $12.
  • Anavex Life Sciences Corp. AVXL jumped 11.8% to $7.01. The clinical-stage biopharmaceutical company announced that it initiated a regulatory submission with the European Medicines Agency (EMA).
  • Intellia Therapeutics, Inc. NTLA rose 11.7% to $31.42. Intellia Therapeutics recently announced it received European Union orphan drug designation for NTLA-2002.
  • XPeng Inc. XPEV gained 9% to $18.30.
  • Motus GI Holdings, Inc. MOTS gained 7.6% to $3.98 after declining around 5% on Friday. Motus GI recently announced the Pure-Vu EVS Gastro was successfully used in the first procedure since receiving FDA clearance.
  • NIO Inc. NIO fell 6.2% to $7.85. Nio announced on Sunday that it has activated its 2,100th power swap station.
  • Coinbase Global, Inc. COIN gained 4.2% to $103.12.

Losers

  • NanoString Technologies, Inc. NSTG shares fell 46% to $0.69. TD Cowen downgraded NanoString Technologies from Outperform to Market Perform and lowered the price target from $6 to $1.4.
  • PaxMedica, Inc. PXMD fell 40.6% to $1.04 after the company announced pricing of $7 million public offering of 5,384,615 shares and accompanying warrants at a price of $1.30 per unit.
  • Safe and Green Development Corporation SGD fell 25.5% to $3.14. Safe And Green Development shares jumped 39% on Friday after the company said it does not intend to conduct the offering of the shares of common stock contemplated by the Registration Statement.
  • Alzamend Neuro, Inc. ALZN dipped 25% to $1.2400. Alzamend Neuro received a "Study May Proceed" letter from the FDA for the initiation of study AL001-MDD01, a Phase 2A clinical study of AL001 for major depressive disorder (MDD).
  • Yatsen Holding Limited YSG fell 24.2% to $0.6559. Yatsen Holding is expected to release its unaudited financial results for the third quarter on Nov. 21, 2023.
  • 2seventy bio, Inc. TSVT declined 16.4% to $1.78. The FDA's Oncologic Drugs Advisory Committee (ODAC) will meet to review data supporting the supplemental Biologics License Application (sBLA) for Abecma (idecabtagene vicleucel) for earlier lines of triple-class exposed relapsed or refractory multiple myeloma (RRMM) based on results from the pivotal Phase 3 KarMMa-3 study.
  • Allurion Technologies Inc. ALUR fell 12.6% to $3.72.
  • Safe & Green Holdings Corp. SGBX shares fell 12.6% to $0.6821 after gaining around 7% on Friday. Safe & Green Holdings recently posted a narrower-than-expected quarterly loss.
  • Greenland Technologies Holding Corporation GTEC declined 12.5% to $2.87 following weak quarterly results.
  • reAlpha Tech Corp. AIRE declined 10.5% to $8.40. ReAlpha Tech filed a prospectus for the offering of up to 1.67 million common units at a price of $12 per unit.
  • Applied UV, Inc. AUVI shares fell 9.4% to $0.1340 after the company reported third-quarter results.
  • MGO Global, Inc. MGOL shares fell 9.1% to $0.50 after jumping over 10% on Friday. MGO Global recently posted a wider third-quarter loss.
  • Genelux Corporation GNLX declined 8.7% to $10.83.
  • Tharimmune, Inc. THAR shares fell 8.6% to $0.1922. Tharimmune shares climbed around 17% on Friday after the company announced a 1-for-25 reverse stock split.
  • Chegg, Inc. CHGG fell 8.2% to $9.60. Morgan Stanley downgraded Chegg from Equal-Weight to Underweight and lowered the price target from $10 to $9.

Now Read This: This Analyst With 84% Accuracy Rate Sees Around 22% Upside In NVIDIA - Here Are 5 Stock Picks For Last Week From Wall Street's Most Accurate Analysts

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...