Why First Republic Bank Shares Are Trading Lower By 22%? Here Are Other Stocks Moving In Friday's Mid-Day Session

Author: Lisa Levin | April 28, 2023 01:11pm

Gainers

• Magic Empire Global Limited (NASDAQ:MEGL) shares jumped 268% to $3.42 after dropping around 8% on Thursday.
• TOP Financial Group Limited (NASDAQ:TOP) shares jumped 234% to $66.88 after jumping around 198% on Thursday. Traders are circulating an article on China's Sina dated April 25th titled "Zhongyang Financial Group's Additional Issuance Was Approved By The U.S. SEC."
• AGBA Group Holding Limited (NASDAQ:AGBA) rose 110% to $3.5550.
• Golden Sun Education Group Limited (NASDAQ:GSUN) gained 81.8% to $1.8910 after declining around 5% on Thursday.
• Top KingWin Ltd (NASDAQ:TCJH) gained 63.9% to $7.84 after jumping over 22% on Thursday. Univest Securities, LLC recently reported the closing of an initial public offering of 2,750,000 Class A ordinary shares at a price of $4.00 per Class A ordinary share for its client Top KingWin Ltd.
• Tempest Therapeutics, Inc. (NASDAQ:TPST) rose 62.5% to $2.8599. Tempest Therapeutics said early results from Phase 1B/2 study of TPST-1120 for hepatocellular carcinoma showed TPST-1120 combined with atezolizumab & bevacizuma demonstrated clinically-meaningful improvement compared to atezolizumab & bevacizumab.
• U Power Limited (NASDAQ:UCAR) shares climbed 49.8% to $8.06 amid continued post-IPO volatility.
• Harbor Custom Development, Inc. (NASDAQ:HCDI) gained 43% to $4.83. Harbor Custom Development entered into a contract to sell Bridge View Trail Apartment site in Port Orchard, WA for $11 million.
• Dunxin Financial Holdings Limited (NYSE:DXF) climbed 40.5% to $0.1816 after dropping over 6% on Thursday.
• Siebert Financial Corp. (NASDAQ:SIEB) climbed 37.6% to $2.74 after gaining over 6% on Thursday. Siebert Financial recently posted 2022 revenue of $50.1 million.
• CXApp Inc. (NASDAQ:CXAI) climbed 34% to $13.55.
• Visionary Education Technology Holdings Group Inc. (NASDAQ:VEDU) jumped 31.2% to $0.71.
• WANG & LEE GROUP, Inc. (NASDAQ:WLGS) gained 30.4% to $2.40.
• CVRx, Inc. (NASDAQ:CVRX) rose 29.7% to $12.30 following better-than-expected Q1 results.
• Lichen China Limited (NASDAQ:LICN) jumped 26.8% to $2.74.
• ImmunoGen, Inc. (NASDAQ:IMGN) gained 22.4% to $5.29 after the company reported better-than-expected Q1 financial results and issued FY23 sales guidance.
• Yatsen Holding Limited (NYSE:YSG) rose 21.8% to $1.0050.
• Huadi International Group Co., Ltd. (NASDAQ:HUDI) gained 19.3% to $3.2550.
• Jianzhi Education Technology Group Company Limited (NASDAQ:JZ) gained 19.3% to 1.1818 after gaining over 3% on Thursday.
• SkyWest, Inc. (NASDAQ:SKYW) gained 19.6% to $28.79 following strong Q1 results.
• Intelligent Living Application Group Inc. (NASDAQ:ILAG) rose 18.8% to $1.26.
• Customers Bancorp, Inc. (NYSE:CUBI) gained 16.6% to $21.75 after the company reported better-than-expected Q1 financial results.
• Coursera, Inc. (NYSE:COUR) rose 15.7% to $12.13 after the company reported better-than-expected Q1 sales results and issued guidance. The company also announced a buyback program of up to $95 million.
• bluebird bio, Inc. (NASDAQ:BLUE) gained 15.2% to $4.24 after JP Morgan initiated coverage on the stock with an Overweight rating and announced a $7 price target.
• Lion Group Holding Ltd. (NASDAQ:LGHL) gained 15.2% to $0.25.
• Intelligent Living Application Group Inc. (NASDAQ:ILAG) jumped 15% to $1.22 after adding 3% on Thursday.
• Empire State Realty OP, L.P. (NYSE:ESBA) gained 14.5% to $6.13.
• Opera Limited (NASDAQ:OPRA) climbed 14.4% to $11.20 following upbeat quarterly results.
• Beazer Homes USA, Inc. (NYSE:BZH) rose 13.8% to $19.56 following strong Q2 results.
• New York Community Bancorp, Inc. (NYSE:NYCB) gained 11.2% to $10.23 after the company reported better-than-expected Q1 sales results.
• The Bancorp, Inc. (NASDAQ:TBBK) climbed 10.1% to $30.61 following upbeat quarterly results.
• BJ's Restaurants, Inc. (NASDAQ:BJRI) gained 7.4% to $31.04 after reporting strong quarterly results.

Losers

• Hillstream BioPharma, Inc. (NASDAQ:HILS) fell 56.4% to $0.4750 after the company priced 5.3 million shares at $0.50 per share for gross proceeds of $2.65 million.
• 1847 Holdings LLC (NYSE:EFSH) dipped 30% to $0.61. 1847 Holdings engaged Griffin Archer to develop and execute marketing campaigns on behalf of its operating subsidiaries.
• Addus HomeCare Corporation (NASDAQ:ADUS) dropped 29% to $80.93. Addus HomeCare is expected to release earnings for the first quarter on May 1, 2023.
• Cloudflare, Inc. (NYSE:NET) shares fell 26.1% to $44.05 after the company issued weak revenue guidance and said it expects external headwinds to persist through the end of the fiscal year.
• Appreciate Holdings, Inc. (NASDAQ:SFR) fell 25.8% to $0.6752 after the company announced preliminary results for the first quarter. The company sees Q1 revenue of $6.7 million.
• First Republic Bank (NYSE:FRC) dropped 21.6% to $4.85 following a report suggesting the most likely outcome for the bank is FDIC receivership.
• Centogene N.V. (NASDAQ:CNTG) fell 20.2% to $0.9656 after dropping 13% on Thursday.
• Applied Therapeutics, Inc. (NASDAQ:APLT) dropped 19.8% to $1.33.
• Vislink Technologies, Inc. (NASDAQ:VISL) fell 19% to $0.2231. Vislink Technologies reported a 1-for-20 reverse stock split as part of Nasdaq compliance plan.
• Accolade, Inc. (NASDAQ:ACCD) dipped 18.7% to $13.06 after the company reported worse-than-expected Q4 sales results.
• Snap Inc. (NYSE:SNAP) fell 18.6% to $8.54 after the company reported worse-than-expected Q1 sales.
• Evelo Biosciences, Inc. (NASDAQ:EVLO) fell 17.9% to $0.1651 after jumping 101% on Thursday.
• OpGen, Inc. (NASDAQ:OPGN) shares fell 17.8% to $0.7400 after gaining around 9% on Thursday. OpGen recently said its German subsidiary Curetis GmbH has met the remaining key milestones under the initial research and development collaboration agreement with FIND.
• NovaBay Pharmaceuticals, Inc. (NYSE:NBY) dropped 17.7% to $1.1350. NovaBay Pharmaceuticals has issued secured senior convertible debentures and two series of new warrants exercisable for NovaBay common shares.
• Pinterest, Inc. (NYSE:PINS) fell 17.4% to $22.50 after the company reported first-quarter financial results. Pinterest reported an increase in total costs and expenses in Q1.
• Alteryx, Inc. (NYSE:AYX) dropped 17% to $42.34 after the company issued weak guidance.
• Avidity Biosciences, Inc. (NASDAQ:RNA) fell 16% to $12.23. Avidity Biosciences announced topline data from the Phase 1/2 MARINA trial of AOC 1001 for myotonic dystrophy type 1 (DM1).
• Universal Insurance Holdings, Inc. (NYSE:UVE) dropped 15% to $15.95 following Q1 results.
• First Solar, Inc. (NASDAQ:FSLR) shares fell 14.3% to $172.08 after the company reported worse-than-expected Q1 results.
• Oil States International, Inc. (NYSE:OIS) fell 12.3% to $6.55 following Q1 results.
• Playtika Holding Corp. (NASDAQ:PLTK) dipped 8.3% to $10.04.
• Hub Group, Inc. (NASDAQ:HUBG) fell 8% to $74.35 after the company reported worse-than-expected Q1 sales results. Additionally, the company issued FY23 EPS and sales guidance below analyst estimates.
• Sony Group Corporation (NYSE:SONY) fell 5.9% to $89.45 after the company reported Q4 financial results and issued guidance.
• NatWest Group plc (NYSE:NWG) dropped 4.8% to $6.64 as the company disclosed a 20 billion pound decline in deposits during the first quarter.

 

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