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Why Super Micro Computer Shares Are Trading Lower By Around 13%? Here Are Other Stocks Moving In Friday's Mid-Day Session

Author: Avi Kapoor | April 19, 2024 01:25pm

Shares of Super Micro Computer, Inc. (NASDAQ:SMCI) fell sharply during Friday's session.

The company announced its third-quarter earnings date and did not provide preliminary estimates as it did with the second quarter.

Super Micro Computer shares dipped 13.2% to $806.00 on Friday.

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

Gainers

  • Next.e.GO N.V. (NASDAQ:EGOX) shares jumped 129% to $0.0817.
  • Redwoods Acquisition Corp. (NASDAQ:RWOD) shares rose 62.5% to $12.03 after falling around 3% on Thursday.
  • Zhongchao Inc. (NASDAQ:ZCMD) gained 50% to $2.16 after gaining over 7% on Thursday.
  • Ault Alliance, Inc. (NYSE:AULT) surged 46% to $0.3544 after the company announced that it received an investment of $44 million to date from Ault & Company under the November 2023 Securities Purchase Agreement.
  • Nova LifeStyle, Inc. (NASDAQ:NVFY) rose 31% to $2.77.
  • AGBA Group Holding Limited (NASDAQ:AGBA) gained 24.3% to $0.0817 on continued upward momentum after the company announced it entered into a definitive merger agreement with Triller.
  • Brenmiller Energy Ltd (NASDAQ:BNRG) surged 21.4% to $2.50.
  • WiSA Technologies, Inc. (NASDAQ:WISA) rose 21.2% to $7.14.
  • Mobile-health Network Solutions (NASDAQ:MNDR) climbed 20.2% to $24.53.
  • Marti Technologies, Inc. (NYSE:MRT) surged 19% to $1.8450.
  • Metropolitan Bank Holding Corp. (NYSE:MCB) gained 19% to $39.40 after the company reported better-than-expected first-quarter financial results.
  • Top Wealth Group Holding Limited (NASDAQ:TWG) gained 19% to $2.21. Top Wealth Group successfully closed IPO, raising $8 million.
  • Next Technology Holding Inc. (NASDAQ:NXTT) jumped 17.2% to $6.13.
  • Trio Petroleum Corp. (NYSE:TPET) gained 16.4% to $0.3817. The company on Wednesday announced it entered into a securities purchase agreement with an institutional investor in the amount of $360,000.
  • SuperCom Ltd. (NASDAQ:SPCB) gained 16.3% to $0.2792. SuperCom shares fell around 33% on Thursday after the company priced a $2.9 million registered direct offering.
  • Chromocell Therapeutics Corporation (NASDAQ:CHRO) rose 15.9% to $1.42.
  • Humacyte, Inc. (NASDAQ:HUMA) rose 12.2% to $4.03.
  • Paramount Global (NASDAQ:PARA) shares gained 9.7% to $12.03 following reports suggesting Sony is in talks with Apollo to join a bid for the company.
  • Tellurian Inc. (NYSE:TELL) rose 7.8% to $0.4172.
  • AMC Entertainment Holdings, Inc. (NYSE:AMC) gained 4.8% to $3.0589. Wedbush, on Thursday, slashed its price target on the stock to $4 on Thursday.

Losers

  • Sunshine Biopharma, Inc. (NASDAQ:SBFM) shares fell 37.1% to $2.09. Sunshine Biopharma’s Nora Pharma received Health Canada approval for Niopeg.
  • iSpecimen Inc. (NASDAQ:ISPC) fell 27.3% to $0.3050 after gaining around 98% on Thursday.
  • BioNexus Gene Lab Corp. (NASDAQ:BGLC) fell 23.4% to $0.65 after jumping around 29% on Thursday. BioNexus Gene Lab agreed to invest RM 1.2 million in Ascension Innovation (AISB) to advance digital health innovation through AI adoption in healthcare.
  • Golden Sun Health Technology Group Limited (NASDAQ:GSUN) dipped 21.4% to $3.85.
  • Connexa Sports Technologies Inc. (NASDAQ:YYAI) fell 20% to $1.67.
  • Tian Ruixiang Holdings Ltd (NASDAQ:TIRX) fell 20% to $0.6401 after surging 65% on Thursday.
  • Bit Origin Ltd (NASDAQ:BTOG) fell 19.1% to $2.41.
  • Virgin Galactic Holdings, Inc. (NASDAQ:SPCE) dipped 17% to $0.8019.
  • SeaStar Medical Holding Corporation (NASDAQ:ICU) fell 16.7% to $0.45. SeaStar Medical recently reported worse-than-expected quarterly financial results.
  • Tevogen Bio Holdings Inc. (NASDAQ:TVGN) fell 15.5% to $1.79.
  • MicroCloud Hologram Inc. (NASDAQ:HOLO) fell 14.2% to $2.53 after jumping around 32% on Thursday.    
  • Ocular Therapeutix, Inc. (NASDAQ:OCUL) fell 11% to $5.22. HC Wainwright & Co. analyst Yi Chen reiterated Ocular Therapeutix with a Buy and maintained a $16 price target.
  • Skye Bioscience, Inc. (NASDAQ:SKYE) fell 9.8% to $15.16.
  • Netflix, Inc. (NASDAQ:NFLX) fell 7% to $567.78. Netflix reported upbeat earnings and sales results for its first quarter. The company added 9.33 million paid net new subscribers in the first quarter to bring the company to a total of 269.60 million.
  • O-I Glass, Inc. (NYSE:OI) fell 6.4% to $14.41. B of A Securities analyst George Staphos downgraded O-I Glass from Buy to Neutral and lowered the price target from $21 to $16.
  • Spotify Technology S.A. (NYSE:SPOT) fell 4.4% to $276.45.

Read More: Netflix To Rally Around 31%? Here Are 10 Top Analyst Forecasts For Friday

Posted In: AGBA AMC AULT BGLC BNRG BTOG CHRO EGOX GSUN HOLO HUMA ICU ISPC MCB MNDR MRT NFLX NVFY NXTT OCUL


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