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

Published 17/01/2024, 18:12
© Reuters.  Why Airspan Networks Shares Are Trading Higher By Over 380%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session

Benzinga - by Avi Kapoor, Benzinga Staff Writer.

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.
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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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