Why Wipro Shares Are Trading Higher By Over 16%? Here Are Other Stocks Moving In Friday's Mid-Day Session

Author: Avi Kapoor | January 12, 2024 02:28pm

Shares of Wipro Limited (NYSE:WIT) rose sharply during Friday’s session after the company reported third-quarter financial results, issued guidance and declared an interim dividend.

Wipro shares jumped 16.7% to $6.27 on Friday.

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

Gainers

• Charge Enterprises, Inc. (NASDAQ:CRGE) shares surged 144.8% to $0.1988 after falling 9% on Thursday.
• Volcon, Inc. (NASDAQ:VLCN) shares climbed 47.3% to $0.1458 after gaining over 11% on Thursday.
• Mega Matrix Corp. (NYSE:MPU) rose 28.2% to $3.63.
• Applied UV, Inc. (NASDAQ:AUVI) gained 27% to $2.8896 after the company announced the launch of its Fighter Flex LED solution at the upcoming AHR Expo on January 22nd.
• Nuvve Holding Corp. (NASDAQ:NVVE) rose 25% to $0.1221
• Akso Health Group (NASDAQ:AHG) surged 24.3% to $1.1069.
• Spectral AI, Inc. (NASDAQ:MDAI) shares rose 23.1% to $3.14. Spectral AI started enrollment in pivotal study to validate DeepView AI for burn injuries.
• SMX (Security Matters) Public Limited Company (NASDAQ:SMX) jumped 23% to $0.4479. SMX secured a $5 million contract with R&I for NATO supply chain transparency.
• Flexsteel Industries, Inc. (NASDAQ:FLXS) gained 20.8% to $21.76 after the company reported strong preliminary results for the second quarter. The company said it sees preliminary earnings of 57 cents per share, versus analysts’ estimates of 27 cents per share. The company sees revenue of $100.1 million versus expectations of $96.77 million. Flexsteel Industries also issued financial guidance for the remainder of fiscal year 2024 and fiscal year 2025.
• Airspan Networks Holdings Inc. (NYSE:MIMO) rose 19% to $0.0935.
• Inpixon (NASDAQ:INPX) gained 18.5% to $0.0531 after the company provided an update on pending strategic transactions.
• IAMGOLD Corporation (NYSE:IAG) gained 13% to $2.6650.
• Coeur Mining, Inc. (NYSE:CDE) rose 12.2% to $2.9865. Shares of precious metals companies traded higher as safe haven assets rose amid macro uncertainty following US and UK strikes against Houthi targets in Yemen.
• Rackspace Technology, Inc. (NASDAQ:RXT) gained 11% to $1.9200. Rackspace Technology named Mark Marino as CFO effective immediately.
• Aeries Technology, Inc (NASDAQ:AERT) surged 10.9% to $2.85. Aeries Technology reported restatement of previously issued financial statements.
• Esperion Therapeutics, Inc. (NASDAQ:ESPR) gained 8% to $3.24. Esperion Therapeutics and Daiichi Sankyo Europe recently announced a $125 million amendment to their collaboration that included a resolution to its pending litigation.
• Remark Holdings, Inc. (NASDAQ:MARK) surged 7.1% to $0.4748.
• Groupon, Inc. (NASDAQ:GRPN) gained 5.8% to $13.52.

Losers

• Genius Group Limited (NYSE:GNS) shares fell 49.3% to $0.2601 after the company announced pricing of an $8.25 million public offering.
• VCI Global Limited (NASDAQ:VCIG) fell 35.2% to $1.0102 after the company announced pricing of a $2.75 million public offering.
• SEALSQ Corp (NASDAQ:LAES) shares fell 33% to $2.1250 after jumping 62% on Thursday. SEALSQ announced closing of the second $10.0 million tranche of convertible notes and warrants private placement.
• Nukkleus Inc. (NASDAQ:NUKK) fell 22.4% to $1.6604.
• Momentus Inc. (NASDAQ:MNTS) fell 20% to $1.0004 after the company announced it was notified by the SDA that it was not selected for funding for the Tranche 2 Tracking Layer and that there is substantial doubt about the company's ability to continue as a going concern.
• VivoPower International PLC (NASDAQ:VVPR) shares fell 17.2% to $1.82. VivoPower International shares gained over 5% on Thursday after the company's Tembo subsidiary met milestones to obtain a further follow-on equity investment.
• Future FinTech Group Inc. (NASDAQ:FTFT) fell 16.3% to $1.0789. The SEC charged Future FinTech CEO with fraud and disclosure failures.
• Bitcoin Depot Inc. (NASDAQ:BTM) fell 15% to $2.2250
• Bit Brother Limited (NASDAQ:BETS) shares declined 13.2% to $4.5501 after dipping over 20% on Thursday.
• MAIA Biotechnology, Inc. (NASDAQ:MAIA) shares declined 12.3% to $1.23.
• Electrameccanica Vehicles Corp. (NASDAQ:SOLO) fell 12% to $0.2551. Roth MKM analyst Craig Irwin maintained Electrameccanica Vehicles with a Neutral and lowered the price target from $0.5 to $0.4.
• Evoke Pharma, Inc. (NASDAQ:EVOK) shares fell 11.4% to $0.7501 after declining around 10% on Thursday.
• Jin Medical International Ltd. (NASDAQ:ZJYL) dipped 10.6% to $69.13.
• Marathon Digital Holdings, Inc. (NASDAQ:MARA) fell 10.3% to $20.08.
• E-Home Household Service Holdings Limited (NASDAQ:EJH) fell 9.7% to $0.8033 after jumping around 70% on Thursday.
• Roadzen, Inc. (NASDAQ:RDZN) fell 9.7% to $4.2343.
• United Airlines Holdings, Inc. (NASDAQ:UAL) fell 8.6% to $40.70 in sympathy with Delta, which dropped after reporting quarterly results and issuing 2024 guidance.
• WISeKey International Holding AG (NASDAQ:WKEY) fell 8.4% to $2.6813 after jumping over 30% on Thursday.
• American Airlines Group Inc. (NASDAQ:AAL) fell 8% to $13.42 in sympathy with Delta, which dropped after reporting quarterly results and issuing 2024 guidance.
• Delta Air Lines, Inc. (NYSE:DAL) fell 7.9% to $38.92 after the company reported fourth-quarter financial results and issued guidance.
• Grifols, S.A. (NASDAQ:GRFS) shares fell 6.7% to $7.43 after declining around 14% on Thursday.

 

Now Read This: Qualcomm, NetApp And 2 Other Stocks Insiders Are Selling

Posted In: AAL AERT AHG AUVI BETS BTM CDE CRGE DAL EJH ESPR EVOK FLXS FTFT GNS GRFS GRPN IAG INPX LAES