36 Stocks Moving In Wednesday's Mid-Day Session

36 Stocks Moving In Wednesday's Mid-Day Session

Gainers

  • Locust Walk Acquisition Corp. LWAC shares jumped 188% to $25.34 after the company announced stockholders approved a business combination with eFFECTOR Therapeutics to create a next-generation oncology company developing a new class of cancer therapies.
  • Regencell Bioscience Holdings Limited RGC gained 140.6% to $36.81 after gaining over 11% on Tuesday. Regencell Bioscience recently reported partial exercise of underwriter’s over-allotment option.
  • ScanSource, Inc. SCSC shares gained 18.1% to $36.27 after the company reported better-than-expected results for its fourth quarter.
  • Jiayin Group Inc. JFIN surged 16.5% to $4.5799 after reporting results for its second quarter.
  • Momentus Inc. MNTS gained 14.6% to $9.60.
  • DICK'S Sporting Goods, Inc. DKS surged 13.3% to $129.55 after the company reported better-than-expected Q2 results and issued FY21 guidance. The company also announced a special dividend of $5.50 and plans to increase buybacks to minimum of $400 million.
  • BioLife Solutions, Inc. BLFS shares rose 12.7% to $52.41. The company, earlier during the month, reported upbeat quarterly results.
  • Support.com, Inc. SPRT jumped 12.2% to $13.10.
  • Virpax Pharmaceuticals, Inc. VRPX surged 11.7% to $16.39. The company, last week, received an IND response from the FDA. The company said it believes the results of the response support further research on MMS019 as a treatment against SARS and influenza.
  • Moxian, Inc. MOXC rose 11.6% to $7.85.
  • The RMR Group Inc. RMR jumped 11.7% to $44.44 as the company declared a $7 per share special dividend.
  • Aterian, Inc. ATER gained 10.9% to $4.1500 after climbing 16% on Tuesday.
  • Universal Security Instruments, Inc. UUU shares gained 10.3% to $6.51 after gaining more than 9% on Tuesday. Universal Security Instruments, last week, reported first-quarter sales growth of 58.7% year-over-year to $4.67 million, reflecting increased sales to large national retailers.
  • StealthGas Inc. GASS surged 9.6% to $2.72 following upbeat Q2 results.
  • Golden Entertainment, Inc. GDEN gained 9.3% to $53.21. The company, earlier during the month, reported upbeat quarterly results.
  • FSD Pharma Inc. HUGE gained 9% to $1.8750. FSD Pharma announced plans to acquire Lucid Psycheceuticals. The company also announced it intends to terminate the Phase 2 clinical trial of ultra-micronized palmitoylethanolamide, or FSD-201, for use in treating COVID-19.
  • Trustmark Corporation TRMK jumped 9% to $33.37. Trustmark National Bank and Commonwealth National Bank recently entered into strategic collaboration agreement.
  • Red Robin Gourmet Burgers, Inc. RRGB surged 8.4% to $24.43. The company’s President and CEO Paul Murphy III acquired a total of 10000 shares at an average price of $22.57.
  • Birks Group Inc. BGI shares rose 8.1% to $4.02.
  • Option Care Health, Inc. OPCH gained 5.7% to $25.52 after it was announced the company will be joining the S&P MidCap 400.

Check out these big penny stock gainers and losers

Losers

  • Cassava Sciences, Inc. SAVA shares dipped 24.4% to $89.09 on negative claims that were posted online yesterday after market hours. The company issued a response to the claims today, saying they believe the claims regarding scientific integrity are false and misleading.
  • Nordstrom, Inc. JWN fell 17.9% to $31.04. Nordstrom, reported upbeat earnings for its second quarter and also boosted its annual revenue guidance. However, the company’s quarterly revenue slipped 6% compared to pre-pandemic levels. JP Morgan downgraded Nordstrom from Neutral to Underweight and announced a $34 price target.
  • 111, Inc. YI dropped 14.1% to $6.89 after climbing over 30% on Tuesday.
  • PAE Incorporated PAE fell 13.6% to $6.43. Morgan Stanley downgraded PAE from Overweight to Equal-Weight and lowered the price target from $11 to $8.
  • China Online Education Group COE dropped 12.2% to $2.6592 after climbing over 25% on Tuesday.
  • Owlet, Inc. OWLT dipped 11.8% to $7.95. Owlet, earlier diring the month, reported a Q2 loss of $0.30 per share.
  • Rocket Lab USA Inc. RKLB fell 11.7% to $10.21.
  • Quhuo Limited QH dropped 11.6% to $2.28 as the company reported second-quarter revenue growth of 81.1% year-over-year to RMB991.8 million ($153.6 million).
  • Wheels Up Experience Inc. UP dipped 11.7% to $6.99.
  • Viomi Technology Co., Ltd VIOT fell 9.6% to $5.10 following Q2 results.
  • NeoGames S.A. NGMS dipped 9.3% to $37.03. NGM Bio disclosed fourth oncology development candidate, NGM831.
  • Waterdrop Inc. WDH fell 7.8% to $3.5205.
  • RISE Education Cayman Ltd REDU fell 7.4% to $0.9260 after climbing 15% on Tuesday.
  • The Boston Beer Company, Inc. SAM dropped 7.1% to $565.21 after Cowen & Co. downgraded the stock from Market Perform to Underperform and lowered its price target from $825 to $400.
  • Express, Inc. EXPR shares fell 7% to $6.76 despite posting a surprise quarterly profit.
  • Urban Outfitters, Inc. URBN shares fell 6.6% to $38.06 after the company reported Q2 earnings results.

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