Why Airspan Networks Shares Are Trading Higher By Over 380%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session

Author: Avi Kapoor | January 17, 2024 02:12pm

Shares of Airspan Networks Holdings Inc. (NASDAQ:MIMO) shares rose sharply during Wednesday’s session after the company announced a partnership with GCT Semiconductor to develop an RF module.

Airspan Networks Holdings shares surged 381% to $0.3699 on Wednesday.

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

Gainers

• Treasure Global Inc. (NASDAQ:TGL) gained 31% to $0.1144.
• LQR House Inc. (NASDAQ:LQR) gained 30.4% to $2.6344 after dipping 45% on Tuesday. LQR House announced an increase of its share buyback program to $5 million.
• ProQR Therapeutics N.V. (NASDAQ:PRQR) rose 29% to $3.2123.
• Safety Shot, Inc. (NASDAQ:SHOT) climbed 26.7% to $2.2692. Safety Shot responded to FSD Pharma's unauthorized tagging of its stock and making false claims in an effort to harm the company and its shareholders.
• Bullfrog AI Holdings, Inc. (NASDAQ:BFRG) gained 27% to $3.3626 after the company reported early results from its collaboration with Lieber Institute for Brain Development (LIBD).
• Fitell Corporation (NASDAQ:FTEL) rose 25.7% to $1.2451.
• Kintara Therapeutics, Inc. (NASDAQ:KTRA) shares climbed 25.6% to $0.1594 after falling more than 9% on Tuesday.
• Cognition Therapeutics, Inc. (NASDAQ:CGTX) gained 22.4% to $2.5339.
• Rail Vision Ltd. (NASDAQ:RVSN) rose 22% to $2.0510 as the company said that a leading US-based rail and leasing services company signed a supply contract with Rail Vision valued at up to $5,000,000 for the purchase of Rail Vision’s AI-based Switch Yard Systems.
• Digital World Acquisition Corp. (NASDAQ:DWAC) jumped 17.5% to $26.25 after Donald Trump recently won the Iowa GOP caucus. Digital World Acquisition Corp is the business combination partner of Trump Media & Technology Group.
• American Coastal Insurance Corporation (NASDAQ:ACIC) gained 17.1% to $11.58 after Raymond James initiated coverage on the stock with an Outperform rating and announced a $15 price target.
• Sinclair, Inc. (NASDAQ:SBGI) gained 13.6% to $15.47. Sinclair reached a preliminary agreement to settle the lawsuit filed by Diamond Sports Group, LLC (DSG) and its subsidiary Diamond Sports Net, LLC in July 2023.
• Impinj, Inc. (NASDAQ:PI) surged 10.6% to $90.50 after the company reported preliminary revenue and adjusted EBITDA for the fourth quarter.
• Liquidia Corporation (NASDAQ:LQDA) gained 10.4% to $13.67.
• Maplebear Inc. (NASDAQ:CART) gained 8.4% to $25.90 after Wolfe Research upgraded the stock from Peer Perform to Outperform and announced a $35 price target.
• Progress Software Corporation (NASDAQ:PRGS) rose 3.4% to $55.41 as the company posted stronger-than-expected results for its fourth quarter.

Losers

• TuSimple Holdings Inc. (NASDAQ:TSP) shares tumbled 54.7% to $0.3201 after the company announced its intention to delist from Nasdaq.
• Phunware, Inc. (NASDAQ:PHUN) fell 50% to $0.2099 after the company announced pricing of a $7 million registered direct offering price at-the-market under Nasdaq rules.
• Adagene Inc. (NASDAQ:ADAG) declined 46.5% to $2.03 after the company announced the presentation of ADG126 data.
• TransCode Therapeutics, Inc. (NASDAQ:RNAZ) fell 32.6% to $2.5650.
• Roma Green Finance Limited (NASDAQ:ROMA) declined 31.5% to $2.68.
• Remark Holdings, Inc. (NASDAQ:MARK) fell 27.7% to $0.4899.
• Acurx Pharmaceuticals, Inc. (NASDAQ:ACXP) fell 25.7% to $3.48. Acurx Pharmaceuticals released comparative microbiology and microbiome data for ibezapolstat, its lead antibiotic candidate, from its completed Phase 2b trial in patients with Clostridioides difficile Infection (CDI).
• American Battery Technology Company (NASDAQ:ABAT) fell 25% to $2.45
• Spirit Airlines, Inc. (NYSE:SAVE) shares dipped 24.1% to $6.01 on continued downward momentum after a federal judge blocked JetBlue Airways from acquiring the company.
• New Horizon Aircraft Ltd. (NASDAQ:HOVR) fell 22.6% to $2.60.
• Charge Enterprises, Inc. (NASDAQ:CRGE) fell 22.2% to $0.1260
• Calavo Growers, Inc. (NASDAQ:CVGW) fell 15.4% to $24.56. Calavo Growers delayed release of its fourth-quarter and FY23 financial results.
• Alector, Inc. (NASDAQ:ALEC) declined 14.4% to $6.54 after the company announced the pricing of a $75 million public offering of 10,869,566 shares of common stock.
• Fisker Inc. (NYSE:FSR) fell 11.8% to $0.8519. TD Cowen analyst Jeffrey Osborne downgraded Fisker from Outperform to Market Perform and lowered the price target from $11 to $1.
• Richtech Robotics Inc. (NASDAQ:RR) fell 11.7% to $6.59.
• LendingTree, Inc. (NASDAQ:TREE) shares tumbled 10.5% to $25.39.
• Nukkleus Inc. (NASDAQ:NUKK) fell 9.3% to $1.36. Nukkleus signed MOU to increase holdings in Jacobi Asset Management.
• Compass, Inc. (NYSE:COMP) declined 8.8% to $2.9350.
• Tellurian Inc. (NYSE:TELL) fell 8.6% to $0.6126.
• American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) fell 8.1% to $7.34 after UBS downgraded the stock from Neutral to Sell and lowered its price target from $8 to $6.5.
• Definitive Healthcare Corp. (NASDAQ:DH) tumbled 8.1% to $8.45. Definitive Healthcare named Jason Krantz as Interim CEO, succeeding Robert Musslewhite.
• 10x Genomics, Inc. (NASDAQ:TXG) fell 7.8% to $41.04.
• Esperion Therapeutics, Inc. (NASDAQ:ESPR) dipped 6.9% to $2.6150.
• HDFC Bank Limited (NYSE:HDB) fell 6.8% to $56.99.
• MINISO Group Holding Limited (NASDAQ:MNSO) fell 6.8% to $21.00. MINISO shifted fiscal year end to Dec. 31 from June 30 for enhanced financial alignment.
• DigitalOcean Holdings, Inc. (NYSE:DOCN) declined 5.8% to $32.94. DigitalOcean named Paddy Srinivasan as Chief Executive Officer.
• SolarEdge Technologies, Inc. (NASDAQ:SEDG) fell 5.7% to $68.63 after Barclays downgraded the stock from Equal-Weight to Underweight and lowered its price target from $74 to $50.

 

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