Why Perficient Shares Are Trading Higher By Around 53%? Here Are 20 Stocks Moving In Monday's Mid-Day Session

Author: Avi Kapoor | May 06, 2024 12:32pm

Shares of Perficient, Inc (NASDAQ:PRFT) shares rose sharply during Monday's session after the company disclosed an acquisition deal and first-quarter FY24 results.

The company stated that it has entered into a definitive deal to be acquired by an affiliate of BPEA Private Equity Fund VIII (EQT Asia), part of EQT AB in an all-cash transaction at an enterprise value of around $3.0 billion.

Perficient shares jumped 53% to $73.60 on Monday.

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

Gainers

• BioCryst Pharmaceuticals, Inc. (NASDAQ:BCRX) gained 19% to $5.30 following strong first-quarter results.
• Pacific Biosciences of California, Inc. (NASDAQ:PACB) rose 15% to $2.1050.
• Marathon Digital Holdings, Inc. (NASDAQ:MARA) gained 13.2% to $19.83.
• Trupanion, Inc. (NASDAQ:TRUP) rose 10.9% to $22.02. The company recently reported first-quarter financial results.
• Ocugen, Inc. (NASDAQ:OCGN) surged 10.9% to $1.4750. Ocugen is expected to host conference call on Tuesday, May 14 to discuss business updates and first quarter 2024 financial results.
• SNDL Inc. (NASDAQ:SNDL) shares gained 10.5% to $2.5999.
• SelectQuote, Inc. (NYSE:SLQT) jumped 10.3% to $2.25. SelectQuote is expected to Release fiscal third quarter 2024 earnings on May 9.
• Lotus Technology Inc. (NASDAQ:LOT) gained 9.4% to $7.80.
• Atlas Energy Solutions Inc. (NASDAQ:AESI) rose 7.7% to $23.65, reversing from earlier weakness after reporting first-quarter results. The company also raised its dividend.

Losers

• EyePoint Pharmaceuticals, Inc. (NASDAQ:EYPT) dipped 37.7% to $12.29 after the company’s Phase 2 PAVIA trial of DURAVYU did not meet its pre-specified primary endpoint.
• Integra LifeSciences Holdings Corporation (NASDAQ:IART) shares dropped 17.8% to $23.76 following weak second-quarter EPS guidance.
• Bowlero Corp. (NYSE:BOWL) fell 16.7% to $10.40 in pre-market trading after posting weaker-than-expected quarterly results.
• Braskem S.A. (NYSE:BAK) shares declined 15.5% to $7.63 in pre-market trading after shareholder Novonor said Adnoc has no interest in continuing the process on a potential transaction.
• GameStop Corp. (NYSE:GME) fell 15.2% to $13.97 after the stock rose more than 40% last week.
• Uniti Group Inc. (NASDAQ:UNIT) fell 11.5% to $3.9489 after the company announced plans for a $300 million offering of 10.50% Senior Secured Notes due 2028 by its subsidiaries.
• TreeHouse Foods, Inc. (NYSE:THS) dipped 10.3% to $33.41 after the company reported mixed first-quarter financial results including a net sales decline.
• Spirit Airlines, Inc. (NYSE:SAVE) declined 9.8% to $3.3450 as the company reported a first-quarter fiscal 2024 revenue decline of 6.2% Y/Y to $1.265 billion, marginally missing the consensus of $1.269 billion.
• Critical Metals Corp. (NASDAQ:CRML) fell 7.9% to $9.18.
• Tyson Foods, Inc. (NYSE:TSN) fell 7.8% to $57.18 following weak quarterly sales.

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Posted In: AESI BAK BCRX BOWL CRML EYPT GME IART LOT MARA OCGN PACB PRFT SAVE SLQT SNDL THS TRUP TSN UNIT