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News

Why MIND Technology Shares Are Trading Lower By Over 20%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session

Author: Lisa Levin | June 14, 2023 01:12pm

Gainers

  • WeTrade Group, Inc. (NASDAQ:WETG) shares climbed 140.3% to $20.28. WeTrade launched large-scale language processing models to increase product applications in the field of artificial intelligence.
  • Cyxtera Technologies, Inc. (NASDAQ:CYXT) shares climbed 71.5% to $0.0717 after dropping 12% on Tuesday.
  • Blue Water Biotech, Inc. (NASDAQ:BWV) gained 67% to $1.32 after the company acquired six FDA-approved drugs across various treatment areas
  • WiSA Technologies, Inc. (NASDAQ:WISA) shares surged 51.7% to $1.9575. WiSA Technologies started taking pre-orders for WiSA E multichannel audio development kits.
  • NextDecade Corporation (NASDAQ:NEXT) gained 35% to $6.93 after the company announced it has entered into framework agreements with Global Infrastructure Partners and TotalEnergies to support the development of the Rio Grande LNG project.
  • Ideanomics, Inc. (NASDAQ:IDEX) rose 27.6% to $0.1177.
  • Inventiva S.A. (NASDAQ:IVA) shares climbed 22.3% to $4.49 after the company announced its Phase II clinical trial evaluating lanifibranor in patients with T2D and NAFLD achieved its primary efficacy endpoint.
  • Greenidge Generation Holdings Inc. (NASDAQ:GREE) gained 21.3% to $1.93.
  • Coherent Corp. (NYSE:COHR) surged 17% to $50.13.
  • Leju Holdings Limited (NYSE:LEJU) rose 16.9% to $2.9699.
  • IPG Photonics Corporation (NASDAQ:IPGP) climbed 16.1% to $135.92. Raymond James upgraded IPG Photonics from Market Perform to Outperform and announced a $170 price target.
  • Akoya Biosciences, Inc. (NASDAQ:AKYA) gained 15.5% to $7.57.
  • Gossamer Bio, Inc. (NASDAQ:GOSS) surged 13.6% to $1.3410.
  • Microvast Holdings, Inc. (NASDAQ:MVST) jumped 12.7% to $1.7698.
  • T2 Biosystems, Inc. (NASDAQ:TTOO) shares gained 11.7% to $0.0696. T2 Biosystems recently reported a clinical collaboration with Vanderbilt University Medical Center to implement and evaluate the T2Bacteria panel for clinical use.
  • Nikola Corporation (NASDAQ:NKLA) rose 9.4% to $1.00 after jumping over 19% on Tuesday.
  • Matterport, Inc. (NASDAQ:MTTR) gained 8.8% to $3.1898. Matterport announced Genesis, a generative AI initiative to transform how buildings are designed, built, and managed.
  • Accelerate Diagnostics, Inc. (NASDAQ:AXDX) climbed 8.7% to $0.8586. Accelerate Diagnostics recently posted downbeat quarterly results.
  • NightHawk Biosciences, Inc. (NYSE:NHWK) shares gained 7.8% to $0.67.

Losers

  • Tenon Medical, Inc. (NASDAQ:TNON) shares dipped 56.5% to $0.2693 after it priced its public offering of $5.6M at $0.56 per unit.
  • Advanced Health Intelligence Ltd. (NASDAQ:AHI) fell 39.3% to $0.9102 after dropping over 37% on Tuesday. Advanced Health Intelligence said it will undertake AUD$5 million private placement.
  • Cineverse Corp. (NASDAQ:CNVS) shares fell 37.1% to $2.24 after the company reported pricing of $8 million public offering.
  • IperionX Limited (NASDAQ:IPX) dropped 29.2% to $9.35. IperionX shares climbed over 100% on Tuesday after the company announced it will produce titanium components for the Ford Motor Company.
  • IO Biotech, Inc. (NASDAQ:IOBT) fell 23.8% to $1.63 after the company increased the enrolled patients in Phase 3 trial to 380, potentially accelerating the time to reach the primary end point of progression free survival.
  • FLJ Group Limited (NASDAQ:FLJ) dropped 22.7% to $0.3095.
  • MicroVision, Inc. (NASDAQ:MVIS) fell 22.4% to $4.9401 after the company filed for a mixed shelf offering.
  • Eastside Distilling, Inc. (NASDAQ:EAST) fell 22.1% to $4.8505 after the company disclosed business and financial updates.
  • MIND Technology, Inc. (NASDAQ:MIND) declined 20.6% to $0.6208 following wider-than-expected quarterly loss.
  • Singularity Future Technology Ltd. (NASDAQ:SGLY) fell 18.1% to $0.42.
  • SMX (Security Matters) Public Limited Company (NASDAQ:SMX) dropped 16.6% to $0.6407. SMX achieved 100% year-to-date growth in commercialization driven by client adoption & transformation across industries.
  • agilon health, inc. (NYSE:AGL) dropped 14.2% to $18.08.
  • Allogene Therapeutics, Inc. (NASDAQ:ALLO) dropped 13.3% to $4.94. Allogene Therapeutics reported the departure of CFO Eric T. Schmidt.
  • Mullen Automotive, Inc. (NASDAQ:MULN) dipped 13.2% to $0.279.
  • Humana Inc. (NYSE:HUM) fell 13.1% to $445.64. Shares of several health insurers traded lower following comments from UnitedHealth Group CEO highlighting an increase in elevated volumes of non-urgent surgeries, which has increased fears of higher costs for insurers.
  • agilon health, inc. (NYSE:AGL) dropped 12.2% to $18.45. Evercore ISI Group initiated coverage on Agilon Health with an In-Line rating and announced a price target of $22.5.
  • Bruush Oral Care Inc. (NASDAQ:BRSH) fell 12% to $0.3346 after jumping over 22% on Tuesday.
  • Altisource Asset Management Corporation (NASDAQ:AAMC) declined 11.8% to $54.35. Altisource Asset Management reported favorable ruling from New York Appellate Court.
  • Logitech International S.A. (NASDAQ:LOGI) shares dropped 11.8% to $56.35. Logitech said President and CEO Bracken Darrell will be departing to pursue another opportunity.
  • Ocular Therapeutix, Inc. (NASDAQ:OCUL) fell 11.5% to $5.62.
  • Affirm Holdings, Inc. (NASDAQ:AFRM) fell 9.6% to $16.93 after BTIG initiated coverage on the stock with a Sell rating and announced a $10 price target.
  • Centene Corporation (NYSE:CNC) dropped 7.7% to $64.11. Shares of several health insurers traded lower following comments from UnitedHealth Group CEO highlighting an increase in elevated volumes of non-urgent surgeries, which has increased fears of higher costs for insurers.
  • UnitedHealth Group Incorporated (NYSE:UNH) shares declined 7.1% to $456.70 after the company's CEO highlighted an increase in elevated volumes of non-urgent surgeries, which has increased fears of higher costs for insurers.
  • Icahn Enterprises L.P. (NASDAQ:IEP) fell 7% to $28.40.
  • Cinemark Holdings, Inc. (NYSE:CNK) dropped 6.6% to $17.18. B. Riley Securities downgraded Cinemark from Buy to Neutral and lowered the price target from $21 to $20.
  • Kura Oncology, Inc. (NASDAQ:KURA) shares fell 5.3% to $12.05 after the company reported commencement of $100 million public offering of common stock and pre-funded warrants.
  • RadNet, Inc. (NASDAQ:RDNT) shares fell 5.2% to $31.21. Radnet priced an underwritten offering of 7.575 million shares at $29.75 per share, with gross proceeds of approximately $225 million.

 

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