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Why Krispy Kreme Shares Are Trading Lower By Around 10%? Here Are Other Stocks Moving In Thursday's Mid-Day Session

Published 10/08/2023, 18:17
Updated 10/08/2023, 19:40
© Reuters.  Why Krispy Kreme Shares Are Trading Lower By Around 10%? Here Are Other Stocks Moving In Thursday's Mid-Day Session

Benzinga - by Lisa Levin, Benzinga Editor. Gainers

  • Edible Garden AG Incorporated (NASDAQ: EDBL) shares jumped 58% to $1.88 after the company reported better-than-expected second-quarter financial results.
  • Capri Holdings Limited (NYSE: CPRI) climbed 56.1% to $54.03 after Tapestry announced a definitive agreement to acquire the company.
  • Blend Labs, Inc. (NYSE: BLND) rose 32% to $1.6198 following better-than-expected second-quarter results.
  • Athersys, Inc. (NASDAQ: ATHX) gained 31% to $0.5783.
  • Yellow Corporation (NASDAQ: YELL) climbed 30% to $2.21.
  • Holley Inc. (NYSE: HLLY) surged 26% to $7.83 after the company posted upbeat second-quarter results and raised FY23 revenue outlook.
  • WeWork Inc. (NYSE: WE) shares gained 21% to $0.1560. WeWork shares fell over 38% on Wednesday after the company reported worse-than-expected second-quarter financial results.
  • LifeMD, Inc. (NASDAQ: LFMD) climbed 20% to $4.39 following strong quarterly results.
  • YETI Holdings, Inc. (NYSE: YETI) climbed 19% to $47.08 after the company reported better-than-expected second-quarter adjusted EPS results and raised FY23 adjusted EPS and sales growth guidance.
  • AppLovin Corporation (NASDAQ: APP) shares gained 19% to $34.97 after the company reported better-than-expected second-quarter results.
  • Alarm.com Holdings, Inc. (NASDAQ: ALRM) climbed 18.8% to $58.48 after the company reported better-than-expected second-quarter financial results and issued guidance.
  • CleanSpark, Inc. (NASDAQ: CLSK) rose 17.5% to $5.94 following a narrower-than-expected quarterly loss.
  • CS Disco, Inc. (NYSE: LAW) gained 16.3% to $9.93 following strong quarterly results.
  • Carrols Restaurant Group, Inc. (NASDAQ: TAST) gained 16% to $7.18 following strong quarterly results.
  • Seneca Foods Corporation (NASDAQ: SENEA) jumped 15.4% to $47.45 following quarterly results.
  • PHAXIAM Therapeutics S.A. (NASDAQ: PHXM) shares climbed 15.1% to $0.5020 after gaining 6% on Wednesday.
  • Entravision Communications Corporation (NYSE: EVC) rose 14.7% to $4.2550.
  • MacroGenics, Inc. (NASDAQ: MGNX) surged 14.4% to $5.70 after posting a profit for the second quarter.
  • GoodRx Holdings, Inc. (NASDAQ: GDRX) rose 14.4% to $9.09.
  • Bruush Oral Care Inc. (NASDAQ: BRSH) gained 14% to $4.85.
  • Missfresh Limited (NASDAQ: MF) climbed 12.9% to $1.75.
  • LiveRamp Holdings, Inc. (NASDAQ: RAMP) gained 12.8% to $30.56 following upbeat quarterly results.
  • United Insurance Holdings Corp. (NASDAQ: UIHC) climbed 10.7% to $7.99.
  • Novavax, Inc. (NASDAQ: NVAX) rose 10.1% to $7.84.
  • Harmonic Inc. (NASDAQ: HLIT) climbed 8.6% to $10.99. Raymond James upgraded Harmonic from Outperform to Strong Buy and raised the price target from $15 to $16.
  • MDxHealth SA (NASDAQ: MDXH) shares gained 8.5% to $3.7863 after the company said Cigna has expanded commercial and Medicare Advantage coverage to include the Company’s Select mdx for Prostate Cancer test.
  • Vistagen Therapeutics, Inc. (NASDAQ: VTGN) rose 5.1% to $7.39. AffaMed said that its partner Vistagen Therapeutics reported positive top-line results from its Phase 3 PALISADE-2 trial evaluating the efficacy, safety, and tolerability of fasedienol nasal spray in adults diagnosed with social anxiety disorder.
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Losers
  • Galera Therapeutics, Inc. (NASDAQ: GRTX) shares fell 84.7% to $0.3426 after the company announced it received a Complete Response Letter from the FDA for avasopasem manganese.
  • Amyris, Inc. (NASDAQ: AMRS) fell 78.1% to $0.0751 after the company announced it filed for Chapter 11 bankruptcy.
  • Origin Materials, Inc. (NASDAQ: ORGN) fell 65.2% to $1.5050 after the company reported mixed second-quarter financial results.
  • SciSparc Ltd. (NASDAQ: SPRC) shares declined 60.9% to $0.1935 after the company reported a proposed underwritten public offering of approximately $1.3 million.
  • Matinas BioPharma Holdings, Inc. (NYSE: MTNB) fell 46% to $0.1784 after the company reported second-quarter results.
  • Sunlight Financial Holdings Inc. (NYSE: SUNL) declined 36.2% to $0.2498. TD Cowen downgraded Sunlight Finl from Outperform to Market Perform.
  • a.k.a. Brands Holding Corp. (NYSE: AKA) fell 31.6% to $0.4379 after the company reported worse-than-expected second-quarter financial results and issued FY23 net sales guidance below estimates.
  • Magnite, Inc. (NASDAQ: MGNI) fell 29.9% to $8.65 after the company reported second-quarter financial results.
  • X4 Pharmaceuticals, Inc. (NASDAQ: XFOR) dipped 28% to $1.18 following a wider-than-expected quarterly loss.
  • Virios Therapeutics, Inc. (NASDAQ: VIRI) fell 26.7% to $1.1496 following a wider-than-expected quarterly loss.
  • Organogenesis Holdings Inc. (NASDAQ: ORGO) fell 22.6% to $2.6250 after the company reported second-quarter financial results and withdrew its FY23 guidance.
  • Ebix, Inc. (NASDAQ: EBIX) dipped 22.5% to $16.83 after the company reported worse-than-expected quarterly financial results.
  • Innoviz Technologies Ltd. (NASDAQ: INVZ) shares fell 21.5% to $2.4650 as the company priced $65 million upsized public offering of 26 million ordinary shares at $2.50 per share.
  • Delcath Systems, Inc. (NASDAQ: DCTH) dipped 20.8% to $3.0650 following weak sales.
  • Surrozen, Inc. (NASDAQ: SRZN) tumbled 20.7% to $0.7047 after posting a wider quarterly loss.
  • FutureFuel Corp. (NYSE: FF) fell 20.7% to $7.83 after posting a wider quarterly loss.
  • Akumin Inc. (NASDAQ: AKU) declined 20.7% to $0.1622 after posting a wider loss for the latest quarter.
  • STRATA Skin Sciences, Inc. (NASDAQ: SSKN) declined 20.7% to $0.6899 following weak quarterly results.
  • Wolverine World Wide, Inc. (NYSE: WWW) fell 20.2% to $9.41 after the company reported second-quarter results and lowered its full-year outlook. The company also terminated the employment of Brendan Hoffman as CEO
  • Movella Holdings Inc. (NASDAQ: MVLA) declined 19.8% to $1.4275 following weak quarterly sales.
  • SunOpta Inc. (NASDAQ: STKL) fell 19.2% to $4.75 after the company reported a year-over-year decrease in second-quarter adjusted EPS results and worse-than-expected sales results. The company also cut FY23 revenue outlook below estimates.
  • OneSpan Inc. (NASDAQ: OSPN) fell 17.6% to $10.99 following weak results.
  • Enerflex Ltd. (NYSE: EFXT) declined 17.4% to $6.59 following second-quarter results.
  • Pangaea Logistics Solutions, Ltd. (NASDAQ: PANL) fell 16.1% to $5.84 after the company reported weak second-quarter financial results.
  • Computer Programs and Systems, Inc. (NASDAQ: CPSI) dipped 16% to $21.98 following weak results.
  • TaskUs, Inc. (NASDAQ: TASK) shares fell 13.4% to $10.36 after the company issued weak sales outlook.
  • Tapestry, Inc. (NYSE: TPR) declined 13% to $35.87 after the company announced a definitive agreement to acquire Capri Holdings.
  • Plug Power Inc. (NASDAQ: PLUG) tumbled 12.1% to $9.46 after the company reported mixed second-quarter financial results.
  • EnerSys (NYSE: ENS) fell 10.4% to $92.07 following weak quarterly sales.
  • Krispy Kreme, Inc. (NASDAQ: DNUT) fell 10.4% to $12.90 following weak quarterly sales.
  • Ginkgo Bioworks Holdings, Inc. (NYSE: DNA) shares fell 10.2% to $1.8099 following second-quarter financial results.
  • 180 Life Sciences Corp. (NASDAQ: ATNF) fell 9.2% to $0.7661 after gaining around 12% on Wednesday.
  • CarGurus, Inc. (NASDAQ: CARG) declined 6% to $18.09 following quarterly results.
  • Blackstone Secured Lending Fund (NYSE: BXSL) shares declined 5.5% to $27.17 after the company priced public offering of common shares.
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