Benzinga - by Avi Kapoor, Benzinga Staff Writer.
Shares of Westport Fuel Systems Inc. (NASDAQ: WPRT) fell sharply during Tuesday’s session after posting a wider-than-expected fourth-quarter loss.
Westport Fuel Systems posted a quarter loss of 81 cents per share, compared to market expectations for a loss of 51 cents per share.
Westport Fuel Systems shares dipped 9.9% to $6.52 on Monday.
Here are some other stocks moving in today's mid-day session.
Gainers
- Stoke Therapeutics, Inc. (NASDAQ: STOK) shares gained 72.6% to $11.24 after the company announced Phase 1/2a data supporting the potential for STK-001 in Dravet syndrome.
- C3is Inc. (NASDAQ: CISS) climbed 65% to $0.0581 after the company reported a year-over-year increase in fourth-quarter financial results.
- OpGen, Inc. (NASDAQ: OPGN) shares climbed 48.2% to $0.7039 after the company entered into a securities purchase agreement with a private investor, David Lazar, to acquire 3 million shares of Series E Convertible Preferred Stock at $1.00 per share for aggregate gross proceeds of $3.0 million.
- Mesoblast Limited (NASDAQ: MESO) gained 43.2% to $3.1501. Mesoblast was notified by the U.S. FDA that available clinical data from Phase 3 trial appear sufficient to support BLA submission for Remestemcel-L in children with steroid-refractory acute graft versus host disease.
- Praxis Precision Medicines Inc (NASDAQ: PRAX) gained 31.9% to $66.63 after the company reported results from a Phase 2a proof of concept study evaluating PRAX-628 in epilepsy patients with PPR.
- Nuvation Bio Inc (NYSE: NUVB) climbed 24.4% to $2.80 after BTIG upgraded the stock from Neutral to Buy.
- Check-Cap Ltd. (NASDAQ: CHEK) shares gained 24.3% to $2.40 after the company announced that it entered into a definitive Business Combination Agreement with Nobul AI.
- Viking Therapeutics Inc (NASDAQ: VKTX) shares climbed 23.3% to $85.29 after the company announced results from its Phase 1 multiple ascending dose clinical trial of an oral tablet formulation of VK2735.
- Krispy Kreme, Inc. (NASDAQ: DNUT) gained 21.3% to $15.10 after the company and McDonald's expanded their partnership, with Krispy Kreme to provide donuts at McDonald's locations nationwide.
- Journey Medical Corp (NASDAQ: DERM) gained 19.9% to $3.50.
- Akso Health Group (NASDAQ: AHG) climbed 17.5% to $1.21.
- 9F Inc – ADR (NASDAQ: JFU) gained 17% to $3.50.
- Invivyd, Inc. (NASDAQ: IVVD) gained 17% to $3.78. Morgan Stanley analyst Maxwell Skor upgraded Invivyd from Equal-Weight to Overweight and raised the price target from $4 to $10.
- Sunnova Energy International Inc (NYSE: NOVA) shares gained 16.4% to $6.28 after the company announced that it will be the sole provider of solar and battery storage services in The Home Depot stores across the United States and its territories.
- Greenwave Technology Solutions, Inc. (NASDAQ: GWAV) climbed 16.3% to $0.18 after surging 24% on Monday. Greenwave Technology Solutions 13G filing showed Joseph Reda reported a 9.119% stake in the co as of March 22, 2024.
- Reddit Inc (NYSE: RDDT) climbed 15.8% to $69.26 amid post-IPO volatility.
- Canopy Growth Corp (NASDAQ: CGC) shares gained 15.6% to $7.17.
- Qurate Retail Inc (NASDAQ: QRTEB) climbed 13.7% to $4.40.
- Natural Grocers by Vitamin Cottage Inc (NYSE: NGVC) climbed 13.4% to $19.25.
- 60 Degrees Pharmaceuticals, Inc. (NASDAQ: SXTP) shares rose 9.8% to $0.2660 after dipping 10% on Monday.
- Seagate Technology Holdings PLC (NASDAQ: STX) gained 9.2% to $96.33 after Morgan Stanley upgraded the stock from Equal-Weight to Overweight and raised its price target from $73 to $115.
- McCormick & Company Inc (NYSE: MKC) climbed 9% to $76.24 after the company reported better-than-expected first-quarter financial results.
- IHS Holding Ltd (NYSE: IHS) climbed 7.6% to $3.74.
- Tesla Inc (NASDAQ: TSLA) gained 5.8% to $182.65 amid reports suggest Italy has approached the company about electric truck production.
- Quhuo Limited (NASDAQ: QH) dipped 68.5% to $0.40.
- NeuBase Therapeutics, Inc. (NASDAQ: NBSE) fell 51.8% to $0.48 after declining around 3% on Monday.
- Cardlytics Inc (NASDAQ: CDLX) dipped 40.4% to $12.06 after the company announced a $150 million proposed convertible senior notes offering.
- AppTech Payments Corp. (NASDAQ: APCX) fell 39.3% to $1.00 after the company priced its 2 million share offering at $1 per share.
- Next.e.GO N.V. (NASDAQ: EGOX) shares tumbled 27.6% to $0.037 after jumping around 30% on Monday.
- Professional Diversity Network Inc (NASDAQ: IPDN) fell 27.2% to $1.82.
- Canoo Inc (NASDAQ: GOEV) shares fell 21.4% to $3.30.
- GDS Holdings Limited (NASDAQ: GDS) fell 20.2% to $6.68 after the company reported fourth-quarter results, disclosed equity raise and new CEO for its international business.
- Equillium Inc (NASDAQ: EQ) shares declined 20.1% to $1.95 following fourth-quarter results.
- BYND Cannasoft Enterprises (NASDAQ: BCAN) shares fell 17.9% to $1.61.
- Murano Global Investments Plc (NASDAQ: MRNO) shares declined 17.9% to $14.78.
- Dada Nexus Limited (NASDAQ: DADA) shares dropped 17.8% to $2.08 after the company reported downbeat fourth-quarter results.
- Etao International (NASDAQ: ETAO) shares fell 14.7% to $4.35.
- Tivic Health Systems, Inc. (NASDAQ: TIVC) fell 14.4% to $1.24 after posting fourth-quarter results.
- Akebia Therapeutics Inc (NASDAQ: AKBA) shares dipped 9.5% to $2.00.
- Graphjet Technology (NASDAQ: GTI) fell 9.3% to $7.26.
- Monte Rosa Therapeutics Inc (NASDAQ: GLUE) dipped 8.4% to $7.75.
- Consol Energy Inc (NYSE: CEIX) declined 8.1% to $79.36.
- RH (NYSE: RH) fell 4% to $276.00. Telsey Advisory Group analyst Joseph Feldman reiterated RH with a Market Perform and maintained a $285 price target.
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