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Why Top Ships Are Trading Lower By 45%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session

Published 14/02/2023, 19:26
© Reuters.  Why Top Ships Are Trading Lower By 45%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session

Benzinga - Gainers

  • Amesite Inc. (NASDAQ: AMST) shares jumped 123% to $0.6284 after the company announced GPT-3 powered functionality to its AI toolkit for customers and users.
  • Boxlight Corporation (NASDAQ: BOXL) gained 39% to $0.55. Boxlight authorized repurchase program of up to $15 million in shares of Class A common stock.
  • Blue Water Vaccines, Inc. (NASDAQ: BWV) shares rose 30.8% to $1.5299. Blue Water Vaccines recently appointed Frank Jaeger, seasoned commercial operations and business development executive, as Senior Vice President of Marketing and Business Development.
  • Iris Energy Limited (NASDAQ: IREN) gained 32% to $2.8199. Iris Energy said it is increasing its self-mining capacity from 2.0 EH/s to 5.5 EH/s.
  • Rubius Therapeutics, Inc. (NASDAQ: RUBY) surged 24.2% to $0.2361.
  • Recruiter.com Group, Inc. (NASDAQ: RCRT) gained 20.1% to $0.4802 after the company announced a ChatGPT course and upskilling platform.
  • SkyWater Technology, Inc. (NASDAQ: SKYT) climbed 20.1% to $13.73 after the company posted better-than-expected Q4 results.
  • Fusion Pharmaceuticals Inc. (NASDAQ: FUSN) shares gained 19% to $4.32 after the company announced it will acquire the Phase 2 program for 225Ac-PSMA I&T, a radiopharmaceutical targeting metastatic castrate resistant prostate cancer.
  • United Insurance Holdings Corp. (NASDAQ: UIHC) jumped 17.3% to $1.29.
  • Palantir Technologies Inc. (NYSE: PLTR) rose 14.3% to $8.69 after the company reported better-than-expected fourth-quarter financial results. The company also issued first-quarter and FY23 guidance.
  • Genius Brands International, Inc. (NASDAQ: GNUS) shares gained 12.8% to $4.06 after the company announced an exclusive deal with BuzzFeed.
  • MyMD Pharmaceuticals, Inc. (NASDAQ: MYMD) surged 12.3% to $1.87.
  • Secoo Holding Limited (NASDAQ: SECO) gained 11.7% to $3.15.
  • Marathon Digital Holdings, Inc. (NASDAQ: MARA) surged 11.5% to $6.53.
  • GeoVax Labs, Inc. (NASDAQ: GOVX) rose 11.3% to $0.8765.
  • Opendoor Technologies Inc. (NASDAQ: OPEN) gained 10% to $2.2100. Citigroup maintained Opendoor Technologies with a Neutral and raised the price target from $1.5 to $2.
  • Semantix, Inc. (NASDAQ: STIX) jumped 9.6% to $1.72.
  • Healthcare Triangle, Inc. (NASDAQ: HCTI) gained 9% to $ 0.2528.
  • Avis Budget Group, Inc. (NASDAQ: CAR) jumped 8.9% to $240.18 after the company reported better-than-expected fourth-quarter financial results.
  • Hyperfine, Inc. (NASDAQ: HYPR) gained 9% to $1.3400. Hyperfine announced FDA clearance for improved AI-powered software and expanded field of view for the swoop portable MR imaging system.
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Losers
  • Top Ships Inc. (NASDAQ: TOPS) shares dropped 44.8% to $0.91. TOP Ships priced $13.6 million registered direct offering at $1.35 per unit.
  • Mobiquity Technologies, Inc. (NASDAQ: MOBQ) dipped 30.7% to $0.3657. Mobiquity Technologies reported pricing of $3.75 million public offering.
  • IMV Inc. (NASDAQ: IMV) fell 27.8% to $0.9601. IMV announced preliminary data from the VITALIZE Phase 2B trial evaluating its lead DPX product, maveropepimut-S (MVP-S), in combination with Merck & Co Inc's (NYSE: MRK) Keytruda (pembrolizumab) for relapsed, refractory Diffuse Large B Cell Lymphoma (r/r DLBCL).
  • Soligenix, Inc. (NASDAQ: SNGX) fell 27.4% to $4.2428 after the company announced it received a refusal to file letter from the FDA for its HyBryte new drug application in the treatment of cutaneous T-Cell lymphoma.
  • Sorrento Therapeutics, Inc. (NASDAQ: SRNE) declined 21.2% to $0.2028. Sorrento Therapeutics said its Scintilla Pharmaceuticals unit commenced voluntary proceedings under Chapter 11 of US bankruptcy code.
  • Cerberus Cyber Sentinel Corporation (NASDAQ: CISO) shares dropped 21.8% to $0.8601 after the company reported a proposed public offering of common stock.
  • T2 Biosystems, Inc. (NASDAQ: TTOO) shares fell 21.4% to $75.65 after the company reported a proposed public offering and announced results upon completion of the U.S. clinical evaluation for the T2Biothreat Panel.
  • Shift Technologies, Inc. (NASDAQ: SFT) dipped 20.8% to $0.22.
  • Corbus Pharmaceuticals Holdings, Inc. (NASDAQ: CRBP) dropped 17.7% to $3.5117. HC Wainwright & Co. reiterated Corbus Pharmaceuticals with a Buy and maintained a $3 price target.
  • Aptinyx Inc. (NASDAQ: APTX) dropped 17.2% to $0.4606.
  • Endava plc (NYSE: DAVA) fell 14.3% to $75.65 after the company posted Q2 results.
  • China Jo-Jo Drugstores, Inc. (NASDAQ: CJJD) dropped 14.2% to $6.09. China Jo-Jo Drugstores announced a $2.625 million registered direct offering.
  • Titan Medical Inc. (NASDAQ: TMDI) fell 14% to $0.1635. Nasdaq notified Titan Medical regarding audit committee requirements.
  • Athenex, Inc. (NASDAQ: ATNX) dropped 13.5% to $0.1893.
  • VNET Group, Inc. (NASDAQ: VNET) shares fell 13.3% to $5.30.
  • The GEO Group, Inc. (NYSE: GEO) declined 12.5% to $10.45 after the company issued FY23 EPS guidance below estimates.
  • Cytek Biosciences, Inc. (NASDAQ: CTKB) dropped 12.5% to $11.38. DiaSorin's subsidiary Luminex Corporation will sell its Flow Cytometry & Imaging (FCI) business unit to Cytek Biosciences.
  • Tellurian Inc. (NYSE: TELL) fell 12% to $1.5750. B of A Securities downgraded Tellurian from Buy to Underperform and lowered the price target from $4 to $1.5.
  • Materialise NV (NASDAQ: MTLS) dropped 12% to $8.95 after the company posted a Q4 loss.
  • ContextLogic Inc. (NASDAQ: WISH) fell 10.8% to $0.7822.
  • MRC Global Inc. (NYSE: MRC) dropped 9.7% to $12.09 following weak quarterly sales.
  • Outset Medical, Inc. (NASDAQ: OM) fell 9.6% to $25.72 after the company reported Q4 results and issued FY23 guidance.
  • Guardforce AI Co., Limited (NASDAQ: GFAI) fell 7.8% to $14.29 after dropping 18% on Monday. Guardforce AI recently announced a 1-for-40 reverse split.
  • Edible Garden AG Incorporated (NASDAQ: EDBL) fell 7% to $3.83 after dropping around 8% on Monday. Edible Garden recently announced pricing of an upsized $10.2 million underwritten public offering.
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