Why Baidu Shares Are Trading Higher By More Than 6%? Here Are Other Stocks Moving In Friday's Mid-Day Session

Gainers

  • Enzo Biochem, Inc. ENZ gained 86.5% to $2.22 after the company announced it will sell its clinical laboratory to Labcorp.
  • Histogen Inc. HSTO climbed 60% to $1.39 after the company announced issuance of a US patent covering CTS-2090 methods of use.
  • QualTek Services Inc. QTEK gained 56.4% to $0.4379. QualTek secured new money financing.
  • AirNet Technology Inc. ANTE climbed 38.3% to $1.12.
  • Maxpro Capital Acquisition Corp. JMAC gained 38% to $13.66.
  • Lixiang Education Holding Co., Ltd. LXEH jumped 28% to $1.25.
  • Traeger, Inc. COOK gained 24% to $3.7415 after the company announced better-than-expected Q4 results.
  • AppTech Payments Corp. APCX jumped 22.8% to $1.5350.
  • Aclarion, Inc. ACON gained 20% to $0.83.
  • Berkshire Grey, Inc. BGRY climbed 18.3% to $1.16.
  • Meihua International Medical Technologies Co., Ltd. MHUA jumped 18% to $15.98
  • Paranovus Entertainment Technology Ltd. PAVS gained 18% to $4.63.
  • Boqii Holding Limited BQ gained 15.7% to $1.10.
  • Orla Mining Ltd. ORLA climbed 13.7% to $4.55 after the company reported Q4 EPS results were higher year over year.
  • Riot Platforms, Inc. RIOT gained 10.3% to $7.78.
  • Coinbase Global, Inc. COIN surged 9.4% to $74.15.
  • XPeng Inc. XPEV gained 8.2% to $9.02 after the company reported a fourth-quarter FY22 sales decline of 39.9% year-on-year, to RMB5.14 billion ($745.28 million), missing the consensus of $834.05 million.
  • FedEx Corporation FDX rose 8% to $220.32 after the company reported better-than-expected Q3 EPS and raised its FY23 outlook.
  • Orchestra BioMed Holdings, Inc. OBIO jumped 7.4% to $13.57.
  • Baidu, Inc. BIDU gained 6.2% to $146.74 after the company announced it has been granted the first-ever permits to provide fully driverless ride-hailing service in the Chinese capital Beijing.

Losers

  • Lifecore Biomedical, Inc. LFCR shares declined 61.6% to $1.9616 after the company reported worse-than-expected Q2 financial results.
  • Diebold Nixdorf, Incorporated DBD dropped 53.5% to $1.07. Wedbush reiterated Diebold Nixdorf with an Outperform and maintained a $5 price target.
  • Acer Therapeutics Inc. ACER fell 46.4% to $0.8313 after the company announced its Phase 2a trial data showing ACER-801 was safe and well-tolerated but did not achieve statistical significance when evaluating the ability to decrease the frequency or severity of hot flashes in postmenopausal women.
  • Pear Therapeutics, Inc. PEAR declined 44% to $0.33. Pear Therapeutics announced process exploring strategic alternatives.
  • Blend Labs, Inc. BLND dropped 36.5% to $0.9338 after the company reported worse-than-expected Q4 adjusted EPS and sales results.
  • Nexters Inc. GDEV shares fell 35.7% to $3.60 after the company issued Q4 update.
  • Loyalty Ventures Inc. LYLT dropped 26.8% to $0.1061.
  • First Republic Bank FRC dropped 26.2% to $25.23 after the bank announced a deal for $30 billion in deposits from major banks and said it has decided to suspend its dividend.
  • Panbela Therapeutics, Inc. PBLA dropped 23.5% to $0.5050 after the company reported worse-than-expected Q4 EPS results.
  • Purple Innovation, Inc. PRPL fell 21.6% to $2.5815 after the company reported worse-than-expected Q4 adjusted EPS results and issued Q1 revenue guidance below analyst estimates.
  • Sarepta Therapeutics, Inc. SRPT dropped 19.9% to $119.83 after the company said that that FDA has decided to hold a public advisory committee meeting on its SRP 9001 BLA.
  • Casa Systems, Inc. CASA fell 19.8% to $1.3950.
  • Reliance Global Group, Inc. RELI fell 19.3% to $3.1299.
  • Montauk Renewables, Inc. MNTK declined 19% to $7.70 after the company reported full year 2022 results.
  • RedHill Biopharma Ltd. RDHL fell 19% to $0.1457. RedHill Biopharma announced plan to implement ADS ratio change from a 1 ADS-for-10 ordinary shares ratio to a 1 ADS-for-400 ordinary share ratio (1-for-40) on or about March 23, 2023.
  • Groupon, Inc. GRPN fell 19% to $3.97 after the company reported worse-than-expected Q4 sales results.
  • Western Alliance Bancorporation WAL dropped 17.6% to $30.34. Shares of several companies in the broader financial space traded lower on continued downward momentum in the sector amid volatility and stability concerns following multiple bank failures.
  • Impac Mortgage Holdings, Inc. IMH fell 17.5% to $0.24 after posting a wider quarterly loss.
  • Pharming Group N.V. PHAR fell 17% to $9.94 following Q4 results.
  • Semantix, Inc. STIX dropped 16.8% to $ 3.7250.
  • CareMax, Inc. CMAX fell 16.6% to $3.0350. CareMax said it sees FY22 revenue of $631.1 million.
  • Karooooo Ltd. KARO dipped 15.8% to $22.00.
  • OncoCyte Corporation OCX fell 15% to $0.2574.
  • Aspen Aerogels, Inc. ASPN dropped 14.7% to $6.67.
  • Dermata Therapeutics, Inc. DRMA fell 14% to $1.90.
  • PacWest Bancorp PACW fell 13.3% to $ 9.93.
  • Sunnova Energy International Inc. NOVA fell 14.4% to $12.59.
  • Emergent BioSolutions Inc. EBS dropped 12.8% to $8.41 after JP Morgan downgraded the stock from Neutral to Underweight and lowered its price target from $23 to $9.
  • Cutera, Inc. CUTR fell 11.1% to $24.75.
  • Sunrun Inc. RUN dropped 10% to $17.10.
  • Metropolitan Bank Holding Corp. MCB fell 10% to $35.81.
  • SL Green Realty Corp. SLG dropped 9.6% to $23.77.
  • Despegar.com, Corp. DESP fell 9.2% to $5.01. Despegar.com recently posted downbeat quarterly results.
  • Design Therapeutics, Inc. DSGN dropped 8.8% to $6.41.

Now Read This: Top 5 Tech Stocks Which You'll Regret Missing This Quarter

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
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!