Why LuxUrban Hotels Shares Are Trading Lower By Around 27%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session

Shares of LuxUrban Hotels Inc. LUXH fell sharply during Wednesday’s session after the company issued preliminary fourth-quarter revenue outlook below estimates.

LuxUrban said it expects preliminary revenue of $28.2 million for the fourth quarter, versus market estimates of $34.199 million, according to data from Benzinga Pro.

LuxUrban Hotels shares dipped 27.4% to $1.5523 on Wednesday.

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


  • MariaDB plc MRDB climbed 70.4% to $0.3850 after Progress Software announced that it is possibly considering an offer for the company.
  • Lixte Biotechnology Holdings, Inc. LIXT shares jumped 68.6% to $3.8099 after the company announced the publication of pre-clinical data on its lead clinical compound, LB-100.
  • Nutriband Inc. NTRB gained 33.2% to $3.9950 after the company provided a clinical and regulatory path overview for its AVERSA Fentanyl patch.
  • Verb Technology Company, Inc. VERB surged 30.5% to $0.3656 after the company announced that its MARKET.live entered into a formal partnership with TikTok to become a service provider for TikTok Shop and will receive a TikTok Shop Partner designation.
  • PaySign, Inc. PAYS gained 28.2% to $4.3299 after the company announced better-than-expected fourth-quarter results.
  • Destiny Tech100 Inc DXYZ rose 26.6% to $11.39 after gaining 9% on Tuesday.
  • PAVmed Inc. PAVM gained 19.7% to $2.4798 after the company issued business update and fourth quarter financial results.
  • Noah Holdings Limited NOAH rose 17.5% to $11.89 after the company reported fourth quarter financial results.
  • NuScale Power Corporation SMR rose 17.5% to $4.89.
  • The ONE Group Hospitality, Inc. STKS shares rose 17.2% to $4.70 after the company announced that it will acquire Safflower Holdings.
  • Trump Media & Technology Group Corp. DJT gained 16.7% to $67.68 after jumping 16% on Tuesday.
  • Ouster, Inc. OUST gained 16.7% to $5.82 following strong quarterly sales.
  • Ontrak, Inc. OTRK rose 16.3% to $0.4931.
  • Cazoo Group Ltd CZOO rose 15.5% to $7.22.
  • A2Z Smart Technologies Corp. AZ surged 15.3% to $0.5301.
  • nCino, Inc. NCNO gained 15.2% to $34.78 as the company reported better-than-expected fourth-quarter results and issued FY25 adjusted earnings guidance above estimates..
  • Lexicon Pharmaceuticals, Inc. LXRX climbed 11.6% to $2.22.
  • Nuvation Bio Inc. NUVB shares rose 10% to $3.1688. Nuvation Bio shares gained 28% on Tuesday after BTIG upgraded the stock from Neutral to Buy.
  • Cintas Corporation CTAS gained 9.7% to $694.62 after the company reported better-than-expected third-quarter financial results and raised FY24 guidance.
  • Semtech Corporation SMTC rose 7.8% to $27.12.
  • Marvell Technology, Inc. MRVL gained 5.6% to $72.04.


  • Gamida Cell Ltd. GMDA shares fell 83.2% to $0.0575 after the company reported fourth-quarter results and disclosed the commencement of a restructuring process.
  • Direct Digital Holdings, Inc. DRCT dipped 44.8% to $14.60 after the company reported worse-than-expected fourth-quarter financial results.
  • Velo3D, Inc. VLD fell 41.2% to $0.3401 after the company reported worse-than-expected fourth-quarter financial results.
  • Ryvyl Inc. RVYL dipped 37.8% to $2.46 following fourth-quarter results.
  • Forge Global Holdings, Inc. FRGE fell 26.1% to $1.96 after the company reported worse-than-expected fourth-quarter financial results.
  • Organigram Holdings Inc. OGI dipped 22% to $2.08 as the company announced pricing of overnight marketed public offering.
  • Akili, Inc. AKLI shares tumbled 21.2% to $0.3002. The company received a notice of allowance for U.S. Patent Application 17/890,478 titled Cognitive Platform For Deriving Effort Metric For Optimizing Cognitive Treatment (Using Data Computed With Artificial Neural Network Or Deep Learning Techniques).
  • Mesoblast Limited MESO shares fell 19.4% to $3.17. Mesoblast shares jumped over 78% on Tuesday after the FDA informed the company that the available clinical data from its Phase 3 study MSB-GVHD001 appears sufficient to support submission of the proposed Biologics License Application for remestemcel-L for treatment of pediatric patients with steroid-refractory acute graft versus host disease.
  • X Financial XYF fell 19.2% to $3.7250 following fourth-quarter results.
  • JOANN Inc. JOAN fell 18.2% to $0.09 after dipping over 6% on Tuesday. The Nasdaq recently determined that the company is no longer suitable for listing and its stock will be suspended on March 28.
  • Bit Origin Ltd BTOG fell 18.1% to $4.31.
  • C3is Inc. CISS fell 17.4% to $0.0397. C3is recently reported a year-over-year increase in fourth-quarter financial results.
  • AEye, Inc. LIDR declined 14.6% to $1.34 after the company reported worse-than-expected fourth-quarter revenue results.
  • GameStop Corp. GME shares fell 14.4% to $13.27 as the company posted weaker-than-expected results for its fourth quarter on Tuesday.
  • Sonida Senior Living, Inc. SNDA fell 14% to $27.78 following fourth-quarter results.
  • Nocera, Inc. NCRA dipped 13.5% to $1.15.
  • Bowman Consulting Group Ltd. BWMN fell 11.4% to $34.99 after the company priced a $45 million public offering of common stock at $34 per share.
  • Reddit, Inc. RDDT fell 11.3% to $ 57.75.
  • Krispy Kreme, Inc. DNUT fell 10.4% to $15.54.
  • Abits Group Inc. ABTS fell 10.3% to $0.7001 after gaining 7% on Tuesday.
  • Astera Labs, Inc. ALAB fell 8.8% to $75.99 amid post-IPO volatility.
  • XPeng Inc. XPEV declined 8.4% to $7.82.
  • Liquidia Corporation LQDA fell 7% to $14.81.
  • NIO Inc. NIO fell 5.9% to $4.4959 after the company cut its first-quarter delivery outlook.


Now Read This: Netflix To Rally Over 15%? Here Are 10 Top Analyst Forecasts For Wednesday

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!