Why Macy's Are Trading Lower By Around 11%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session

Author: Lisa Levin | August 22, 2023 01:49pm

Gainers

• Fulcrum Therapeutics, Inc. (NASDAQ:FULC) shares jumped 42.8% to $5.60 after the FDA lifted clinical hold on the company’s FTX-6058 for sickle cell disease.
• VinFast Auto Ltd. (NASDAQ:VFS) gained 42% to $24.96.
• Axcella Health Inc. (NASDAQ:AXLA) shares climbed 37.3% to $0.2101 after gaining 12% on Monday. The company recently posted a narrower-than-expected quarterly loss.
• Sidus Space, Inc. (NASDAQ:SIDU) shares gained 30.4% to $0.2101. Sidus Space acquired edge artificial intelligence company, Exo-Space.
• BioNexus Gene Lab Corp. (NASDAQ:BGLC) jumped 28.3% to $1.35.
• Fabrinet (NYSE:FN) gained 25% to $146.01 after the company reported better-than-expected fourth-quarter financial results and issued guidance.
• Borqs Technologies, Inc. (NASDAQ:BRQS) gained 24.4% to $0.2002. Borqs Technologies received extension from CFIUS for HHE divestment, and will consider share buyback and/or paying a special dividend.
• Hitek Global Inc. (NASDAQ:HKIT) gained 22.2% to $27.50.
• 1847 Holdings LLC (NYSE:EFSH) climbed 18.7% to $0.1389.
• G Medical Innovations Holdings Ltd (NASDAQ:GMVD) climbed 18% to $0.1862.
• Renovaro Biosciences Inc. (NASDAQ:RENB) jumped 16.6% to $2.10.
• 2U, Inc. (NASDAQ:TWOU) gained 16.5% to $3.39.
• ProMIS Neurosciences, Inc. (NASDAQ:PMN) shares gained 16.4% to $1.84. ProMIS Neurosciences announced a $20.4 million private placement financing at $1.88 per unit.
• MIND Technology, Inc. (NASDAQ:MIND) jumped 15.6% to $0.6851. MIND Technology announced sale of Klein Unit for cash consideration of $11.5 million.
• Hallmark Financial Services, Inc. (NASDAQ:HALL) shares rose 15.4% to $3.38. Hallmark Financial recently posted a second-quarter operating loss of $6.83 per share.
• Matrix Service Company (NASDAQ:MTRX) gained 15% to $7.35. Matrix Service Company announced receipt of $464 million of awards in the fourth quarter and ending backlog of $1.1 billion.
• AMTD Digital Inc. (NYSE:HKD) jumped 13.8% to $5.69 after announcing a $30 million share repurchase program.
• AerSale Corporation (NASDAQ:ASLE) gained 9.7% to $13.87. AerSale completed certification flight testing for AerAware Enhanced Flight Vision System (EFVS).
• Freight Technologies, Inc. (NASDAQ:FRGT) rose 9% to $0.5441 after gaining around 4% on Monday.
• Hasbro, Inc. (NASDAQ:HAS) gained 7.4% to $67.94. B of A Securities maintained Hasbro with a Buy and raised the price target from $85 to $90.
• Super League Gaming, Inc. (NASDAQ:SLGG) shares rose 6.2% to $0.1277 after falling around 50% on Monday. Super League announced pricing of $2.2 million underwritten public offering of 16,923,077 shares of common stock at $0.13 per share.

Losers

• Republic First Bancorp, Inc. (NASDAQ:FRBK) shares fell 44% to $0.3920 after the Nasdaq notified the company that it will not be listed on the exchange because it has not filed its Form 10-K Annual Report with the SEC for FY22.
• Tingo Group, Inc. (NASDAQ:TIO) fell 30.4% to $0.8254. Tingo Group said it further postponed its second-quarter earnings release and filing of its form 10-Q for the period ended June 30, 2023.
• SOS Limited (NYSE:SOS) fell 27.5% to $6.49 after jumping over 99% on Monday.
• AgileThought, Inc. (NASDAQ:AGIL) fell 25% to $0.23.
• Dragonfly Energy Holdings Corp. (NASDAQ:DFLI) fell 24.7% to $1.45 after the company reported downbeat second-quarter results and issued weak forecast for the third quarter.
• China SXT Pharmaceuticals, Inc. (NASDAQ:SXTC) shares fell 24.2% to $0.1813 after gaining 60% on Monday.
• DICK'S Sporting Goods, Inc. (NYSE:DKS) declined 24% to $111.79 after the company reported worse-than-expected second-quarter results and lowered FY23 guidance.
• Mullen Automotive, Inc. (NASDAQ:MULN) fell 20.7% to $0.4924.
• Motorsport Games Inc. (NASDAQ:MSGM) declined 20% to $3.71 following second-quarter results.
• PureCycle Technologies, Inc. (NASDAQ:PCT) fell 17.3% to $8.14 after the company reported upsize and pricing of $215.0 million 7.25% green convertible senior notes due 2030.
• AMC Entertainment Holdings, Inc. (NYSE:AMC) fell 17% to $2.58.
• Geron Corporation (NASDAQ:GERN) fell 15% to $2.2350. The FDA has assigned a standard review and a prescription drug user fee act action date of June 16, 2024 for Geron's new drug application for Imetelstat for transfusion-dependent anemia in patients with lower-risk myelodysplastic syndromes.
• Society Pass Incorporated (NASDAQ:SOPA) fell 14.4% to $0.4198. Society Pass said on Aug. 21, that the company entered into sales agreement with Ascendiant Capital Markets for offering of up to $10 million common stock.
• AMC Entertainment Holdings, Inc. (NYSE:APE) fell 12.7% to $1.8498.
• EBET, Inc. (NASDAQ:EBET) declined 12.2% to $0.0565.
• MediaCo Holding Inc. (NASDAQ:MDIA) shares fell 12% to $0.66 after gaining more than 30% on Monday.
• Macy's, Inc. (NYSE:M) fell 11.1% to $13.10 after the company reported second-quarter financial results.
• Canadian Solar Inc. (NASDAQ:CSIQ) declined 11.1% to $27.36 following quarterly results.
• Emergent BioSolutions Inc. (NYSE:EBS) fell 10.6% to $4.2550. Advance Auto Parts will replace Emergent BioSolutions in the S&P SmallCap 600, effective Aug. 25.
• Nordstrom, Inc. (NYSE:JWN) declined 8.3% to $17.48.
• iQIYI, Inc. (NASDAQ:IQ) fell 7.6% to $4.8050 following second-quarter results.
• Kohl's Corporation (NYSE:KSS) declined 6.4% to $26.87.
• V.F. Corporation (NYSE:VFC) fell 6% to $19.17.

 

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