32 Stocks Moving In Wednesday's Mid-Day Session

32 Stocks Moving In Wednesday's Mid-Day Session

Gainers

  • Marin Software Incorporated MRIN shares climbed 53.1% to $8.71 following an announcement from management that the company entered into a revenue share agreement with Google LLC to develop its enterprise tech platform and software products.
  • Aethlon Medical, Inc. AEMD jumped 49.1% to $5.67 on above-average volume.
  • WiMi Hologram Cloud Inc. WIMI gained 30.3% to $4.60 as the company reported revenue growth of 202.2% year-on-year to $79.9 million for the six months ended June 30, 2021.
  • Discovery, Inc. DISCB shares climbed 27.2% to $60.91. Toyota and Discovery Education launched an initiative inspiring student innovation in STEM.
  • BioCardia, Inc. BCDA jumped 24% to $3.79. Roumell Asset Management reported in a 13D filing a 5.6% stake in BioCardia.
  • Dynavax Technologies Corporation DVAX gained 23.5% to $18.36. Dynavax’s PR highlighted news of Clover Biopharmaceuticals data for COVID-19 vaccine using Dynavax adjuvant.
  • Onconova Therapeutics, Inc. ONTX surged 18.2% to $5.79 as the company reported preliminary data from Phase 1/2a trial of rigosertib plus immune checkpoint inhibitor nivolumab, which are being presented at 3rd Annual RAS Targeted Drug Development Summit.
  • Stitch Fix, Inc. SFIX rose 17.1% to $41.53 after the company reported a surprise profit for its fourth quarter, while sales also surpassed market expectations. The company said it sees Q1 net sales of $560 million to $575mn and adjusted EBITDA of $15 million to $20 million.
  • Celestica Inc. CLS gained 15.6% to $9.31. Platinum Equity agreed to sell PCI Limited to Celestica.
  • Predictive Oncology Inc. POAI rose 15.5% to $1.12.
  • Creatd, Inc. CRTD jumped 15% to $3.2701 after the company announced the debut of its NFT art with a release of six works of NFTs from its 'OG Collection.'
  • Dermata Therapeutics, Inc. DRMA gained 14.6% to $5.73. Brookline recently initiated Dermata Therapeutics coverage with a Buy rating and $14 price target.
  • Inspira Technologies Oxy B.H.N. Ltd. IINN jumped 14.4% to $3.3523 as the company said the ART's device "brain" is to acquire an algorithm enhanced digital platform.
  • Takung Art Co., Ltd. TKAT surged 13.5% to $8.28.
  • Alpine Immune Sciences, Inc. ALPN gained 11.4% to $10.92. Alpine Immune Sciences recently announced a $91 million private placement.
  • Xponential Fitness, Inc. XPOF surged 9.1% to $11.28. Raymond James upgraded Xponential Fitness from Market Perform to Strong Buy and announced a $14 price target.
  • Sasol Limited SSL rose 7% to $16.61. Sasol and Haldor Topsøe highlighted expansion of licensing collaboration to 'grow sustainable synthetic fuels and chemicals globally.'
  • BSQUARE Corporation BSQR rose 6.7% to $2.56 after gaining over 6% on Tuesday. The company, last month, posted a profit for its second quarter.


Check out these big penny stock gainers and losers

Losers

  • InnovAge Holding Corp. INNV shares dipped 24.3% to $8.82 after the company reported downbeat Q4 earnings and issued weak FY22 sales forecast.
  • ReWalk Robotics Ltd. RWLK fell 23.3% to $1.99 after climbing 99% on Tuesday.
  • Summit Therapeutics Inc. SMMT fell 22.7% to $5.01 after the company announced that the FDA disagrees with its proposed change to the primary endpoint in Phase 3 Ri-CoDIFy studies.
  • Greenbrook TMS Inc. GBNH dipped 19.1% to $7.48. Greenbrook TMS announced plans to acquire Achieve TMS East, LLC and Achieve TMS Central, LLC. The company also reported a $10 million bought deal public offering.
  • Inotiv, Inc. NOTV dropped 17.8% to $41.02. Inotiv agreed to acquire Envigo RMS Holding Corp in a cash and stock transaction. The company also announced a proposed convertible senior notes offering.
  • Ensysce Biosciences, Inc. ENSC shares fell 13.9% to $3.92 after climbing 48% on Tuesday.
  • Airspan Networks Holdings Inc. MIMO dropped 12.6% to $7.20 after declining over 10% on Tuesday.
  • NanoViricides, Inc. NNVC dipped 12% to $5.45.
  • D8 Holdings Corp. RBOT dropped 11.4% to $12.87.
  • FibroGen, Inc. FGEN tumbled 11.4% to $9.95. Goldman Sachs downgraded FibroGen from Neutral to Sell and lowered the price target from $16 to $11.
  • BioDelivery Sciences International, Inc. BDSI dropped 10.8% to $3.5650. BioDelivery Sciences International expects its September quarter revenues to be in the range of $38 million to $42 million amid its ongoing legal tussle with Alvogen.
  • NeuroMetrix, Inc. NURO fell 10% to $11.93 after jumping over 26% on Tuesday.
  • FedEx Corporation FDX fell 8.6% to $230.30. FedEx reported weaker-than-expected earnings for its first quarter, while sales exceeded estimates. The company also lowered its guidance for FY21.
  • Adobe Inc. ADBE shares fell 3.4% to $624.28. Adobe reported upbeat earnings for its third quarter and issued strong forecast for the current quarter.

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