Why Bed Bath & Beyond Shares Are Trading Lower By Around 24%? Here Are Other Stocks Moving In Monday's Mid-Day Session

Author: Lisa Levin | March 20, 2023 02:18pm

Gainers

• Loyalty Ventures Inc. (NASDAQ:LYLT) gained 121.1% to $0.19. Shares of companies in the broader communication, media & entertainment industry traded higher as stocks rebound from recent weakness stemming from instability concerns in the financial sector, which could impact future Fed policy.
• Gelesis Holdings, Inc. (NYSE:GLS) gained 82.7% to $0.2010.
• Allarity Therapeutics, Inc. (NASDAQ:ALLR) gained 72.5% to $0.1812 after the company said it dosed the first patient in its trial studying advanced solid tumors.
• Ambipar Emergency Response (NYSE:AMBI) shares climbed 60.5% to $13.18.
• Lifecore Biomedical, Inc. (NASDAQ:LFCR) gained 60% to $2.67. Lifecore Biomedical, on Friday, reported worse-than-expected Q2 financial results.
• Acer Therapeutics Inc. (NASDAQ:ACER) jumped 55% to $1.04. EF Hutton reiterated Acer Therapeutics with a Buy and maintained a $7 price target.
• Biocept, Inc. (NASDAQ:BIOC) gained 47.2% to $0.3472. Biocept engaged a financial advisor to explore strategic alternatives.
• InMed Pharmaceuticals Inc. (NASDAQ:INM) jumped 46% to $1.54.
• Boxed, Inc. (NASDAQ:BOXD) climbed 43% to $0.1447.
• New York Community Bancorp, Inc. (NASDAQ:NYCB) gained 40% to $9.18 after the Federal Deposit Insurance Corporation (FDIC) announced NYCB subsidiary Flagstar Bank entered into a purchase agreement for Signature Bridge Bank. Multiple analysts upgraded the stock in the wake of the announcement.
• Sonim Technologies, Inc. (NASDAQ:SONM) gained 31% to $0.5506.
• Gossamer Bio, Inc. (NASDAQ:GOSS) jumped 27.5% to $1.2250. Gossamer Bio, on Friday, posted a Q4 loss of $0.59 per share.
• Tempo Automation Holdings, Inc. (NASDAQ:TMPO) gained 27% to $0.61.
• Golden Minerals Company (NYSE:AUMN) rose 27% to $0.2578.
• FG Financial Group, Inc. (NASDAQ:FGF) gained 23.7% to $2.50.
• SuRo Capital Corp. (NASDAQ:SSSS) shares climbed 19.1% to $3.49. SuRo Capital will commence a modified Dutch Auction tender offer to repurchase up to 3 million shares of its common stock.
• Lavoro Limited (NASDAQ:LVRO) gained 17.1% to $8.09.
• Digital World Acquisition Corp. (NASDAQ:DWAC) rose 15% to $14.40.
• Genelux Corporation (NASDAQ:GNLX) gained 12.9% to $30.82.
• Franchise Group, Inc. (NASDAQ:FRG) jumped 11.8% to $25.44. Franchise Group revealed the receipt of an unsolicited non-binding proposal to acquire all of its outstanding shares at $30.00 per share in cash.
• Talos Energy Inc. (NYSE:TALO) gained 10.8% to $13.17 after the company announced a $100 million share repurchase authorization.
• PacWest Bancorp (NASDAQ:PACW) gained 10.1% to $10.22 after the company provided an update on its liquidity position.
• Sigma Lithium Corporation (NASDAQ:SGML) climbed 9.6% to $36.49.
• UMB Financial Corporation (NASDAQ:UMBF) rose 8.8% to $ 63.40.
• Arbor Realty Trust, Inc. (NYSE:ABR) gained 8.8% to $12.18.
• iStar Inc. (NYSE:STAR) climbed 8.2% to $7.30.
• OSI Systems, Inc. (NASDAQ:OSIS) gained 8% to $98.42. OSI Systems secured an award valued at $600 million, which includes 16% value added tax (VAT), from Mexico's Secretaría de la Defensa Nacional (SEDENA) for cargo and vehicle inspection systems and related services.
• BankUnited, Inc. (NYSE:BKU) gained 6.8% to $22.70.
• Value Line, Inc. (NASDAQ:VALU) gained 6.7% to $49.47. Value Line recently reported Q3 earnings.
• FLEETCOR Technologies, Inc. (NYSE:FLT) gained 5.8% to $198.11 after the company announced it entered into a cooperation agreement with the D.E. Shaw Group and also agreed to form an ad hoc Strategic Review Committee.

Losers

• Aziyo Biologics, Inc. (NASDAQ:AZYO) fell 57.4% to $1.66 after the company received a determination from the FDA indicating that the company's premarket notification for the CanGaroo RM Antibacterial Envelope is not substantially equivalent.
• Credit Suisse Group AG (NYSE:CS) shares dipped 52.9% to $0.9465 after UBS agreed to acquire the bank for $3.2 billion.
• CXApp Inc. (NASDAQ:CXAI) fell 33% to $1.92.
• Sunlight Financial Holdings Inc. (NYSE:SUNL) fell 32.8% to $0.2865.
• Acrivon Therapeutics, Inc. (NASDAQ:ACRV) dropped 31% to $13.80.
• Pear Therapeutics, Inc. (NASDAQ:PEAR) fell 24.4% to $0.2950. Pear Therapeutics said it is exploring strategic alternatives and said it may seek a reorganization if it is unable to complete a transaction. Credit Suisse, TD Cowen and Chardan Capital downgraded the stock.
• Bed Bath & Beyond Inc. (NASDAQ:BBBY) dropped 23.6% to $0.7859 after the company announced a special shareholder meeting to approve a 1-for-5 to 1-for-10 reverse stock split.
• Bakkt Holdings, Inc. (NASDAQ:BKKT) fell 23.3% to $1.32
• Cerberus Cyber Sentinel Corporation (NASDAQ:CISO) dropped 23% to $0.2385.
• Codiak BioSciences, Inc. (NASDAQ:CDAK) fell 23% to $0.4675.
• Omega Therapeutics, Inc. (NASDAQ:OMGA) dropped 21.9% to $7.64.
• SOPHiA GENETICS SA (NASDAQ:SOPH) dipped 20.7% to $4.32.
• Home Point Capital Inc. (NASDAQ:HMPT) fell 20.6% to $2.0246.
• MoonLake Immunotherapeutics (NASDAQ:MLTX) dropped 17.2% to $19.17 after the company reported Q4 financial results.
• CareMax, Inc. (NASDAQ:CMAX) fell 15.5% to $2.5875.
• Dingdong (Cayman) Limited (NYSE:DDL) dropped 15.3% to $3.3850.
• PDD Holdings Inc. (NYSE:PDD) fell 13.4% to $79.60 after the company reported worse-than-expected Q4 revenues and a decrease in revenues from merchandise sales.
• LivePerson, Inc. (NASDAQ:LPSN) dropped 12.9% to $3.6650.
• Nikola Corporation (NASDAQ:NKLA) fell 9.4% to $1.5401.

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Posted In: ABR ACER ACRV ALLR AMBI AUMN AZYO BBBY BIOC BKKT BKU BOXD CDAK CISO CMAX CS CXAI DDL DWAC FGF