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Why Motorcar Parts of America Shares Are Trading Higher By 13%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session

Published 13/06/2023, 17:47
© Reuters.  Why Motorcar Parts of America Shares Are Trading Higher By 13%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session

Benzinga - Gainers

  • First Wave BioPharma, Inc. (NASDAQ: FWBI) shares gained 143% to $2.77 after the company achieved its enrollment target for its adrulipase Phase 2 SPAN trial for exocrine pancreatic insufficiency in cystic fibrosis patients.
  • IperionX Limited (NASDAQ: IPX) shares surged 92.6% to $12.69. IperionX agreed a Scope of Work for the supply of titanium metal components for Ford Motor Company using IperionX's unique 100% recycled, low-carbon titanium metal.
  • Ideanomics, Inc. (NASDAQ: IDEX) gained 30% to $0.0820. On June 2, Ideanomics, received letter from Nasdaq indicating co was no longer in compliance with Independent Director, Audit Committee requirements.
  • Cepton, Inc. (NASDAQ: CPTN) gained 26% to $0.6700.
  • The OLB Group, Inc. (NASDAQ: OLB) shares climbed 25.8% to $0.8427. The company, last month, posted downbeat quarterly results.
  • Allego N.V. (NYSE: ALLG) gained 24.2% to $3.49.
  • Sonic Foundry, Inc. (NASDAQ: SOFO) climbed 23% to $1.07.
  • Millennium Group International Holdings Limited (NASDAQ: MGIH) gained 23% to $2.4550.
  • The OLB Group, Inc. (NASDAQ: OLB) climbed 21.4% to $0.8136.
  • Evoke Pharma, Inc. (NASDAQ: EVOK) gained 20.5% to $1.88.
  • YS Biopharma Co., Ltd. (NASDAQ: YS) shares rose 18.6% to $1.47 after dropping over 7% on Monday. YS Biopharma's PIKA Rabies Vaccine recently received Phase 3 clinical trial approval from Philippines FDA.
  • Cohen & Company Inc. (NYSE: COHN) gained 18.5% to $3.97.
  • Dave & Buster's Entertainment, Inc. (NASDAQ: PLAY) surged 16.9% to $45.17. Dave & Buster's Entertainment recently reported better-than-expected first-quarter EPS results.
  • Akoya Biosciences, Inc. (NASDAQ: AKYA) climbed 16.9% to $6.36.
  • Eastside Distilling, Inc. (NASDAQ: EAST) rose 16.9% to $3.94 after gaining 5% on Monday.
  • Surmodics, Inc. (NASDAQ: SRDX) climbed 16.1% to $26.34. Needham upgraded Surmodics from Hold to Buy and announced a $36 price target.
  • Kingsoft Cloud Holdings Limited (NASDAQ: KC) gained 15.4% to $6.54. Shares of Chinese stocks traded higher after China's central bank cut its seven-day reverse repurchase rate.
  • Opendoor Technologies Inc. (NASDAQ: OPEN) surged 13% to $2.96.
  • Motorcar Parts of America, Inc. (NASDAQ: MPAA) shares gained 13.5% to $5.98 after reporting a profit for the fourth quarter.
  • iBio, Inc. (NYSE: IBIO) shares gained 13.2% to $0.8427. iBio reported a research collaboration with NIH to investigate potential of company's AI-driven epitope steering platform for lassa fever vaccine development.
  • Ballard Power Systems Inc. (NASDAQ: BLDP) rose 12.3% to $5.55.
  • Novonix Limited (NASDAQ: NVX) climbed 12% to $3.25.
  • Manchester United plc (NYSE: MANU) gained 11.9% to $22.52 following reports that Qatari investors have succeeded in their bid to acquire the company.
  • Asana, Inc. (NYSE: ASAN) climbed 9.5% to $24.72. Asana President, CEO and Chairman Dustin Moskovitz acquired a total of 160,000 shares an average price of $22.65.
  • SunCar Technology Group Inc. (NASDAQ: SDA) gained 7.5% to $18.13 after gaining 23% on Monday.
  • Oracle Corporation (NYSE: ORCL) shares gained 3.6% to $120.57 after the company reported better-than-expected results for its fourth quarter on Monday.
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Losers
  • Auddia Inc. (NASDAQ: AUUD) fell 52.1% to $0.5849. Auddia reported pricing of $3.1 million registered direct offering of common stock priced at-the-market.
  • Advanced Health Intelligence Ltd. (NASDAQ: AHI) dropped 31.3% to $1.65. Advanced Health Intelligence said it will undertake AUD$5 million private placement.
  • Bonso Electronics International Inc. (NASDAQ: BNSO) fell 27.9% to $2.09. Bonso plans to delist from Nasdaq and deregister its common stock.
  • Jin Medical International Ltd. (NASDAQ: ZJYL) shares dropped 27.3% to $9.57 after gaining around 55% on Monday. Jin Medical International released new-generation ultralight portable electric wheelchairs and electric mobility vehicles for the elderly.
  • Appreciate Holdings, Inc. (NASDAQ: SFR) shares dropped 26.5% to $0.33 after jumping 55% on Monday.
  • Micromobility.com Inc. (NASDAQ: MCOM) fell 22.8% to $0.2083.micromobility.com decided to exit its unprofitable US and European markets to refocus on financial self-sustainability.
  • OceanPal Inc. (NASDAQ: OP) dropped 22.6% to $2.77. OceanPal posted a quarterly loss of 51 cents per share.
  • Finch Therapeutics Group, Inc. (NASDAQ: FNCH) fell 20.2% to $8.70 after gaining over 41% on Monday. Finch announced a reverse stock split of common stock.
  • Biora Therapeutics, Inc. (NASDAQ: BIOR) shares fell 19.4% to $5.02. Biora Therapeutics reported an $8 million registered direct offering priced at-the-market under Nasdaq rules.
  • Asset Entities Inc. (NASDAQ: ASST) fell 18.8% to $1.6397. Asset Entities shares gained over 75% on Monday after the company announced the development of an AI bot as part of its AE360DDM suite of services on Discord.
  • Methode Electronics, Inc. (NYSE: MEI) fell 15.7% to $37.98 after the company reported worse-than-expected preliminary fourth-quarter results. The company's outlook for FY24 lagged consensus.
  • WaveDancer, Inc. (NASDAQ: WAVD) fell 13.7% to $0.32.
  • Miromatrix Medical Inc. (NASDAQ: MIRO) dropped 11.8% to $1.41.
  • Cibus, Inc. (NASDAQ: CBUS) fell 10.6% to $20.74.
  • Marker Therapeutics, Inc. (NASDAQ: MRKR) declined 10.3% to $2.6899. Marker Therapeutics reported first patient was treated in the company's Phase 1 APOLLO trial of MT-601 for lymphoma patients.
  • Unico American Corporation (NASDAQ: UNAM) fell 9.9% to $1.19. Unico American letter advised that Nasdaq will suspend trading of the company’s common stock on June 15, 2023.
  • Accelerate Diagnostics, Inc. (NASDAQ: AXDX) shares fell 9.6% to $0.93 after jumping 39% on Monday.
  • Compass, Inc. (NYSE: COMP) fell 7.7% to $3.3050.
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