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Why Beyond Air Shares Are Trading Lower By Around 37%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session

Published 14/11/2023, 19:05
© Reuters.  Why Beyond Air Shares Are Trading Lower By Around 37%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session

Benzinga - by Lisa Levin, Benzinga Editor.

Shares of Beyond Air, Inc. (NASDAQ: XAIR) dipped during Tuesday’s session following weak quarterly results.

Beyond Air posted a quarterly loss of 51 cents per share, versus market estimates of 51 cents per share. The company’s quarterly sales came in $239,000, versus expectations of $480,000.

Beyond Air shares fell 37.3% to $1.2701 on Tuesday.

Here are other stocks moving in today's session.

Gainers

  • BioCardia, Inc. (NASDAQ: BCDA) shares jumped 235.8% to $1.34 after the company announced the FDA approval of its Phase 3 clinical trial of its CardiAMP autologous cell therapy for the treatment of patients with ischemic heart failure.
  • reAlpha Tech Corp. (NASDAQ: AIRE) shares surged 67.4% to $9.86 after jumping around 34% on Monday.
  • Theseus Pharmaceuticals, Inc. (NASDAQ: THRX) shares rose 47.5% to $3.16 after the company announced process to explore strategic alternatives.
  • SuperCom Ltd. (NASDAQ: SPCB) gained 38% to $0.5153 following third-quarter earnings.
  • INVO Bioscience, Inc. (NASDAQ: INVO) shares climbed 37.3% to $2.21 after the company posted a narrower loss for the third quarter.
  • Talis Biomedical Corporation (NASDAQ: TLIS) gained 33.4% to $7.19 as the company announced exploration of strategic alternatives and cost reduction plan to preserve cash.
  • PureCycle Technologies, Inc. (NASDAQ: PCT) gained 27.7% to $3.91.
  • Hyzon Motors Inc. (NASDAQ: HYZN) surged 24.3% to $0.9798 following third-quarter results.
  • American Coastal Insurance Corporation (NASDAQ: ACIC) gained 23.8% to $8.48 following quarterly results.
  • Cutera, Inc. (NASDAQ: CUTR) rose 20% to $2.10.
  • Farfetch Limited (NYSE: FTCH) gained 19.3% to $1.5750.
  • Portage Biotech Inc. (NASDAQ: PRTG) rose 19% to $1.44.
  • Sunnova Energy International Inc. (NYSE: NOVA) gained 18.5% to $10.10.
  • RedHill Biopharma Ltd. (NASDAQ: RDHL) climbed 18.3% to $0.3666.
  • Janux Therapeutics, Inc. (NASDAQ: JANX) rose 15.8% to $8.21.
  • Sally Beauty Holdings, Inc. (NYSE: SBH) climbed 15.5% to $9.39 following fourth-quarter earnings.
  • Adaptive Biotechnologies Corporation (NASDAQ: ADPT) gained 15.1% to $3.9750. Piper Sandler maintained Adaptive Biotechnologies with an Overweight and lowered the price target from $13 to $6.
  • Ameresco, Inc. (NASDAQ: AMRC) climbed 15.1% to $25.92.
  • Lyell Immunopharma, Inc. (NASDAQ: LYEL) gained 14.8% to $1.78.
  • Anywhere Real Estate Inc. (NASDAQ: HOUS) gained 14.3% to $5.05.
  • Pacific Biosciences of California, Inc. (NASDAQ: PACB) rose 14.1% to $7.34.
  • PodcastOne, Inc. (NASDAQ: PODC) gained 14% to $2.68.
  • SL Green Realty Corp. (NYSE: SLG) climbed 14% to $33.75.
  • Plug Power Inc. (NASDAQ: PLUG) rose 13.8% to $3.95.
  • Uniti Group Inc. (NASDAQ: UNIT) climbed 13.6% to $5.17.
  • Sunrun Inc. (NASDAQ: RUN) gained 13.5% to $10.48.
  • Digital Health Acquisition Corp. (NASDAQ: DHAC) climbed 12.2% to $13.80.
  • The E.W. Scripps Company (NASDAQ: SSP) jumped 11% to $7.35.
  • Evoke Pharma, Inc. (NASDAQ: EVOK) gained 9.6% to $1.4034.
  • Zillow Group, Inc. (NASDAQ: Z) gained 9.2% to $38.98. PHH Mortgage announced new subservicing agreement with Zillow Home Loans.
  • Snap Inc. (NYSE: SNAP) rose 9% to $12.32 following reports suggesting Amazon has reached a deal to run shopping ads on the app.
  • Absci Corporation (NASDAQ: ABSI) rose 8.8% to $1.36. Almirall and Absci disclosed AI drug discovery partnership to rapidly develop novel treatments for dermatological diseases.
  • PaxMedica, Inc. (NASDAQ: PXMD) gained 7% to $1.8293. The company recently announced research findings in the Annals of General Psychiatry regarding a study on low-dose suramin intravenous infusions as a potential treatment for Autism Spectrum Disorder.
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Losers
  • Li-Cycle Holdings Corp. (NYSE: LICY) shares tumbled 61.5% to $0.5633. The company reported third-quarter financial results.
  • The Beauty Health Company (NASDAQ: SKIN) shares fell 61% to $1.52 after the company reported weaker-than-expected financial results for its third quarter and revised its net sales outlook. Also, the company suspended its long-term full-year 2025 forecast.
  • Kubient, Inc. (NASDAQ: KBNT) were down 54% to $0.1001. Kubient announced voluntary delisting from Nasdaq Capital Market.
  • Applied UV, Inc. (NASDAQ: AUVI) was down, falling 44% to $0.1504. Applied UV announced pricing of $6.4 million upsized underwritten public offering of 42,666,666 units at $0.15 per unit.
  • Harrow, Inc. (NASDAQ: HROW) shares fell 37% to $8.10 as the company reported downbeat third-quarter financial results and lowered its revenue guidance.
  • Gamida Cell Ltd. (NASDAQ: GMDA) fell 34.2% to $0.39 as the company reported third-quarter financial results.
  • Renalytix Plc (NASDAQ: RNLX) fell 28.3% to $0.6088 following first-quarter results.
  • BioXcel Therapeutics, Inc. (NASDAQ: BTAI) dipped 23.1% to $4.2399 following weak quarterly results.
  • Sea Limited (NYSE: SE) fell 21.7% to $36.00 after the company reported quarterly financial results.
  • Fisker Inc. (NYSE: FSR) shares fell 21.7% to $3.2165 following third-quarter results.
  • Salem Media Group, Inc. (NASDAQ: SALM) fell 21.1% to $0.60 following third-quarter results.
  • Asure Software, Inc. (NASDAQ: ASUR) fell 21.1% to $6.76 following third-quarter results.
  • Lufax Holding Ltd (NYSE: LU) declined 18.8% to $0.8277 following third-quarter results.
  • NET Power Inc. (NYSE: NPWR) fell 17.2% to $11.03 after the company reported worse-than-expected third-quarter EPS results.
  • Tenax Therapeutics, Inc. (NASDAQ: TENX) fell 16.2% to $0.5199. Tenax Therapeutics shares jumped 297% on Monday morning after the company received FDA clearance of the IND for TNX-103, an oral levosimendan, to treat pulmonary hypertension with heart failure with preserved ejection fraction (PH-HFpEF).
  • TRACON Pharmaceuticals, Inc. (NASDAQ: TCON) fell 13.1% to $0.1860 after declining around 7% on Monday. TRACON Pharma recently posted a profit for the third quarter.
  • Hut 8 Mining Corp. (NASDAQ: HUT) fell 13% to $1.7699 following third-quarter results.
  • Beneficient (NASDAQ: BENF) fell 13% to $0.5736 following second-quarter results.
  • MicroStrategy Incorporated (NASDAQ: MSTR) declined 8.3% to $462.26.
  • Peraso Inc. (NASDAQ: PRSO) shares fell 8% to $0.22 after the company announced third-quarter results.
  • Akili, Inc. (NASDAQ: AKLI) shares fell 7.1% to $0.4105. The company recently posted a narrower-than-expected quarterly loss.
  • Runway Growth Finance Corp. (NASDAQ: RWAY) fell 7.1% to $12.29. Runway Growth Finance priced secondary offering of 3.75 million common shares by selling stockholders at $12.56 per share.
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