Why Bolt Biotherapeutics Shares Are Trading Lower By Around 34%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session

Author: Avi Kapoor | May 15, 2024 01:38pm

Shares of Bolt Biotherapeutics, Inc. (NASDAQ:BOLT) fell sharply during Wednesday's session after the company reported first-quarter financial results.

Bolt Biotherapeutics posted a GAAP loss of 28 cents per share on sales of $5.30 million, according to data from Benzinga Pro.

Also, Guggenheim analyst Michael Schmidt downgraded Bolt Biotherapeutics from Buy to Neutral, while Stifel analyst Stephen Willey downgraded the stock from Buy to Hold and lowered the price target from $6 to $1.5.

Bolt Biotherapeutics shares dipped 34.4% to $0.8652 on Wednesday.

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

Gainers

• AERWINS Technologies Inc. (NASDAQ:AWIN) shares surged 201% to $8.16.
• Sintx Technologies, Inc. (NASDAQ:SINT) jumped 169% to $0.1449 after jumping over 41% on Tuesday. SINTX Technologies recently posted downbeat quarterly results.
• Faraday Future Intelligent Electric Inc. (NASDAQ:FFIE) jumped 87% to $0.5336 after jumping around 368% on Tuesday.
• Edible Garden AG Incorporated (NASDAQ:EDBL) climbed 53.2% to $6.54 following first-quarter results.
• iPower Inc. (NASDAQ:IPW) gained 53% to $1.36 after the company reported better-than-expected third-quarter financial results.
• Selina Hospitality PLC (NASDAQ:SLNA) jumped 51% to $0.0850.
• Greenwave Technology Solutions, Inc. (NASDAQ:GWAV) shares gained 41% to $0.0627 after surging 7% on Tuesday.
• Complete Solaria, Inc. (NASDAQ:CSLR) gained 30.6% to $0.90. Complete Solaria signed a term sheet to eliminate Carlyle debt.
• OptimizeRx Corporation (NASDAQ:OPRX) jumped 24% to $13.03 following upbeat quarterly results.
• Blue Star Foods Corp. (NASDAQ:BSFC) rose 23% to $0.0686.
• monday.com Ltd. (NASDAQ:MNDY) jumped 21.5% to $220.93 after the company reported better-than-expected first-quarter financial results and issued FY24 revenue guidance above estimates.
• Telos Corporation (NASDAQ:TLS) gained 21.4% to $3.85.
• BioCryst Pharmaceuticals, Inc. (NASDAQ:BCRX) rose 20% to $6.44.
• Arcutis Biotherapeutics, Inc. (NASDAQ:ARQT) rose 16.5% to $9.47 after the company reported better-than-expected first-quarter financial results.
• Dolphin Entertainment, Inc. (NASDAQ:DLPN) rose 15.4% to $1.2999 after the company reported a year-over-year increase in first-quarter financial results.
• Codere Online Luxembourg, S.A. (NASDAQ:CDRO) jumped 14.3% to $7.98 following first-quarter results.
• Nutriband Inc. (NASDAQ:NTRB) gained 13.5% to $4.34.
• Riskified Ltd. (NYSE:RSKD) jumped 12.8% to $6.05 following upbeat results.
• Cabaletta Bio, Inc. (NASDAQ:CABA) gained 12.8% to $12.66 following first-quarter results.
• Jeffs’ Brands Ltd (NASDAQ:JFBR) jumped 12% to $0.2530.
• B&G Foods, Inc. (NYSE:BGS) rose 11.5% to $9.53.
• Crown ElectroKinetics Corp. (NASDAQ:CRKN) shares rose 11.2% to $0.0529.
• Pineapple Energy Inc. (NASDAQ:PEGY) gained 8.1% to $0.0637 after adding around 12% on Tuesday.
• Dell Technologies Inc. (NYSE:DELL) rose 6% to $142.18 after Morgan Stanley maintained an Overweight rating on the stock and raised its price target from $128 to $152.

Losers

• Virpax Pharmaceuticals, Inc. (NASDAQ:VRPX) shares fell 63.9% to $0.8199 after the company reported pricing of $2.25m public offering.
• Yield10 Bioscience, Inc. (NASDAQ:YTEN) fell 49.4% to $2.66 after the company reported delisting from the Nasdaq.
• Aethlon Medical, Inc. (NASDAQ:AEMD) fell 45.8% to $0.4604 after the company announced pricing of $4.7 million public offering.
• Pixelworks, Inc. (NASDAQ:PXLW) dipped 40.2% to $1.1186 after the company issued soft second-quarter guidance.
• GameStop Corp. (NYSE:GME) shares fell 31.9% to $33.22 following a 60% surge on Tuesday.
• Koss Corporation (NASDAQ:KOSS) dipped 31% to $4.24.
• VirTra, Inc. (NASDAQ:VTSI) shares fell 30% to $11.49 after the company reported worse-than-expected first-quarter financial results.
• MicroCloud Hologram Inc. (NASDAQ:HOLO) dipped 30.3% to $2.25.
• SunPower Corporation (NASDAQ:SPWR) shares fell 29.6% to $3.0896. Wolfe Research analyst Steve Fleishman downgraded SunPower from Peer Perform to Underperform.
• Intrusion Inc. (NASDAQ:INTZ) shares declined 28.7% to $1.84 after the company reported downbeat first-quarter sales.
• DLocal Limited (NASDAQ:DLO) fell 27.5% to $9.84 after the company reported weaker-than-expected first-quarter earnings and said there is a greater likelihood of coming in towards the lower end of its guidance range.
• AMC Entertainment Holdings, Inc. (NYSE:AMC) fell 26.3% to $5.04 after jumping 32% on Tuesday.
• Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN) declined 25% to $2.7550.
• The Oncology Institute, Inc. (NASDAQ:TOI) fell 24.4% to $0.6798 following weak quarterly results.
• Cheetah Net Supply Chain Service Inc. (NASDAQ:CTNT) shares fell 23.2% to $4.92 after jumping 442% on Tuesday. The company priced a follow-on offering for gross proceeds of $8.19 million.
• Nortech Systems Incorporated (NASDAQ:NSYS) fell 21.1% to $11.97. Nortech Systems is expected to hold a conference call on Thursday, May 16, to discuss the company’s first quarter financial results.
• Virgin Galactic Holdings, Inc. (NASDAQ:SPCE) fell 16.5% to $1.06.
• Novavax, Inc. (NASDAQ:NVAX) declined 12.5% to $11.80.
• Pulse Biosciences, Inc. (NASDAQ:PLSE) declined 12.1% to $6.74. Pulse Biosciences named Burke T. Barrett as President and Chief Executive Officer.
• iRobot Corporation (NASDAQ:IRBT) fell 11.8% to $11.24.
• BlackBerry Limited (NYSE:BB) fell 10.2% to $3.11.
• Sunnova Energy International Inc. (NYSE:NOVA) fell 9.9% to $4.8000.
• NIO Inc. (NYSE:NIO) dipped 9.5% to $5.24. New reports indicate the company on Wednesday launched its first vehicle under its new Onvo brand.
• Rivian Automotive, Inc. (NASDAQ:RIVN) fell 8.7% to $10.22.
• Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) shares fell 8.3% to $15.30. Brazil's President Luiz Inacio Lula da Silva fired Jean Paul Prates, the CEO of Petrobras, following a dispute over dividend.

Now Read This: Jim Cramer: This Industrial Company Is ‘Absolutely Terrific’, Recommends Buying Modine Manufacturing

Posted In: AEMD AMC ARQT AWIN BB BCRX BGS BOLT BSFC CABA CDRO CRKN CSLR CTNT DELL DLO DLPN EDBL FFIE GME