Shares of Lifecore Biomedical, Inc. LFCR took a nosedive during Wednesday’s trading session upon the company’s strategic evaluation process’ conclusion, marked by management succession and board changes.

In response, Lifecore Biomedical shares dwindled by a significant 31.7% to $4.91 on Wednesday.

Here’s a look at the other stocks on the move during Wednesday’s mid-day session.

Potential Winners

• ETAO International Co., Ltd. ETAO witnessed a staggering surge of 111.5% to $0.3025 after announcing a reverse stock split.
• XTL Biopharmaceuticals Ltd. XTLB rose by an impressive 74.3% to $1.7950 following plans to acquire The Social Proxy.
• TruGolf Holdings, Inc. TRUG experienced a notable 56% climb to $1.7938 after announcing an expanded AI technology licensing agreement with mlSpatial.
• Treasure Global Inc. TGL saw a surge of 39% to $6.09.
• Anghami Inc. ANGH rallied 37% to $1.3703.
• Oblong, Inc. OBLG rose by a notable 30.7% to $0.1765 after issuing a financial report for the fourth quarter of 2023.
• SCWorx Corp. WORX surged by 27% to $3.6061 after a remarkable 54% climb on the previous day.
• Edgio, Inc. EGIO gained 26% to $8.79.
• Annovis Bio, Inc. ANVS exhibited a 25.6% increase to $11.21 following updates on its Phase 2/3 study of Buntanetap in patients with Alzheimer’s disease.
• Taysha Gene Therapies, Inc. TSHA rose by 23% to $2.7650 after posting favorable FY23 EPS results.
• Cemtrex, Inc. CETX jumped 22% to $4.31.
• Swvl Holdings Corp. SWVL saw a notable 19.7% rise to $10.16.
• Brenmiller Energy Ltd BNRG climbed 19% to $2.94.
• CareMax, Inc. CMAX experienced an 18.4% rise to $5.80.
• Digital World Acquisition Corp. DWAC gained 18.1% to $43.00.
• TeraWulf Inc. WULF jumped 18% to $2.0297 amidst a Bitcoin uptick.
• Blade Air Mobility, Inc. BLDE rose by 17.1% to $2.87 post a $20 million share buyback announcement.
• Canopy Growth Corporation CGC saw a 15% rise to $4.4056 after a call from VP Kamala Harris to reschedule marijuana by the DEA.
• Pagaya Technologies Ltd. PGY surged by 12.4% to $10.25.
• Iris Energy Limited IREN rose by 11.3% to $5.00.
• Sportradar Group AG SRAD climbed by 10.7% to $11.17 post a strong fourth-quarter performance and a $200 million shares buyback.
• BYND Cannasoft Enterprises Inc. BCAN surged by 10% to $0.0220 following a 15% drop the previous day.
• The Beauty Health Company SKIN gained 9.3% to $4.3050.
• Marathon Digital Holdings, Inc. MARA jumped 7.5% to $20.77 amidst a Bitcoin price increase.
• Spirit AeroSystems Holdings, Inc. SPR rose by 6.7% to $35.19.

Underperformers

• NuScale Power Corporation SMR stocks plummeted by 28% to $4.73 after a recent downgrade and price target adjustment by Wells Fargo.
• Ontrak, Inc. OTRK fell by 26% to $0.3258 following a substantial surge the day before.
• Momentus Inc. MNTS dropped 21.7% to $0.4647 post US patent news.
• Aterian, Inc. ATER lost 21.3% to $0.26 after announcing a reverse stock split.