Shares of Ulta Beauty, Inc. ULTA fell sharply during
Wednesday’s session amid the company’s presentation at the J.P. Morgan Retail Roundup investor conference
where the company reportedly issued a weak outlook.
Ulta Beauty shares dipped 13.7% to $448.08 on Wednesday.
Here are some other stocks moving in today’s mid-day session.
Gainers
- ARCA biopharma, Inc. ABIO climbed 108% to $3.5549 after the
company and Oruka Therapeutics announced a merger agreement. - Kintara Therapeutics, Inc. KTRA shares gained 89% to $0.1906 after
the company entered a merger agreement with TuHURA Biosciences. - Next Technology Holding Inc. NXTT rose 57.4% to $6.42.
- Vanda Pharmaceuticals Inc. VNDA shares climbed 39.3% to $5.45. Vanda
Pharmaceuticals’ Fanapt® received U.S. FDA approval for the acute treatment of Bipolar I
Disorder. - VivoPower International PLC VVPR shares gained 39% to $8.20 after the
company declared a capital management strategy including a stock buyback program of up to $5
million. - Next.e.GO N.V. EGOX gained 32.7% to $0.0345.
- XTI Aerospace, Inc. XTIA rose 32.2% to $4.63.
BestGrowthStocks.com issued comprehensive evaluation of XTI Aerospace, Inc. - Brooge Energy Limited BROG gained 28.8% to $3.0790.
- Addex Therapeutics Ltd ADXN rose 24.6% to $16.21 after the company
and funds affiliated with Perceptive Advisors announced the launch of Neurosterix. - Aesthetic Medical International Holdings Group Limited AIH gained
24.3% to $0.3981 after gaining 13% on Tuesday. - LAMF Global Ventures Corp. I LGVC gained 22.7% to $13.21. ViewLAMF
Global Ventures Corp. I shareholders approved previously announced business combination with Nuvo Group
Ltd. - Quhuo Limited QH rose 21.7% to $0.6501 after reporting unaudited financial
results for the second half and full year 2023. - Destiny Tech100 Inc. DXYZ gained 21.4% to $25.77.
- OneMedNet Corporation ONMD gained 21.2% to $0.9600. OneMedNet
announced it entered a securities purchase agreement dated Mar. 28 providing up to $4.54 million in
funding through private placement of senior convertible notes. - CXApp Inc. CXAI gained 20.5% to $5.40 following a massive rally to start
the week. CXApp shares rallied more than 150% to start the week after the company announced a
partnership with Alphabet’s Google Cloud. - Clean Energy Technologies, Inc. CETY climbed 20.5% to $1.63.
- American Battery Technology Company ABAT rose 17.7% to $1.9301. American
Battery Technology Company was awarded $20 million tax credit through competitive U.S. DOE process to
advance its critical minerals battery recycling facility. - C3is Inc. CISS shares rose 14.9% to $0.0470 after gaining 13% on Tuesday.
On March 26, C3is reported a year-over-year increase in fourth-quarter financial results. - Pyxis Oncology, Inc. PYXS gained 12.3% to $6.04.
- Atai Life Sciences N.V. ATAI surged 11.4% to $2.08. Maxim Group
analyst Jason McCarthy upgraded ATAI Life Sciences from Hold to Buy and announced a $6 price target. - Dave & Buster’s Entertainment, Inc. PLAY shares rose 10.2% to $68.22 after
the company reported fourth quarter results. - Esperion Therapeutics, Inc. ESPR jumped 9.7% to $3.16.
- Signet Jewelers Limited SIG gained 9.2% to $103.80after the company
raised its FY25 guidance. - Inspire Veterinary Partners, Inc. IVP gained 9% to $0.0512. On Jan. 5,
Inspire Veterinary Partners filed a prospectus related to up to a $5 million public offering. - Semtech Corporation SMTC gained 7.4% to $30.28.
- Cal-Maine Foods, Inc. CALM climbed 6.8% to $62.88 after the
company reported upbeat results for its fourth quarter.
Losers
- Casa Systems, Inc. CASA shares dipped 78.1% to $0.0563 after the Company filed voluntary
Market Turmoil: A Dive into Recent Stock Plummets
View, Inc.: A Road to Private Ownership
View, Inc. plunged 61.9% to $0.4196 after filing for Chapter 11 bankruptcy, steering towards a private future through an agreement with Cantor Fitzgerald and RXR.
Sintx Technologies, Inc.: Public Offering Woes
Sintx Technologies, Inc. tumbled 44.5% to $0.0232 with the pricing of a $1.5 million public offering of common stock.
GCT Semiconductor Holding, Inc.: Topsy-Turvy Ride
GCT Semiconductor Holding, Inc. dipped 40% to $9.29 amidst volatility after merging with Concord Acquisition Corp III and debuting on the NYSE.
FibroGen, Inc.: Clinical Trial Setback
FibroGen, Inc. saw a 32.8% decrease to $1.4499 following disappointing topline data from a Phase 1 study, dampening hopes for a potential anti-CD46 antibody drug.
Keyarch Acquisition Corporation: Plummeting Shares
Keyarch Acquisition Corporation fell 28.5% to $9.65, shaking investor confidence in the company’s trajectory.
TRACON Pharmaceuticals, Inc.: Trial Update Fallout
TRACON Pharmaceuticals, Inc. dipped 24.2% to $0.3148 post an update on the ENVASARC Phase 2 trial, proceeding as recommended by the Independent Data Monitoring Committee.
BYND Cannasoft Enterprises Inc.: Rollercoaster Drop
BYND Cannasoft Enterprises Inc. fell 22.5% to $0.9741 after a previous 12% decline, reflecting a tumultuous period for the company.
Anghami Inc.: Completed Transaction Aftershock
Anghami Inc. tumbled 22.2% to $1.40 after its transaction with OSN+, signaling unease among investors.
Locafy Limited: Earnings Report Impact
Locafy Limited dropped 21.9% to $3.67 following disappointing second-quarter results, echoing challenges within the company.
Vicinity Motor Corp.: EPS Decline
Vicinity Motor Corp. slid 19.3% to $0.75 post a year-over-year decrease in fourth-quarter EPS, raising concerns among shareholders.
Enveric Biosciences, Inc.: Market Hit
Enveric Biosciences, Inc. experienced an 18.4% drop to $0.93, facing repercussions from market volatility.
Murano Global Investments Plc: Steep Decline
Murano Global Investments Plc fell 16.8% to $10.39, underscoring challenges in the investments landscape.
Critical Metals Corp.: Market Pressure
Critical Metals Corp. witnessed a 16.7% decline to $11.66, reflecting wider market trends affecting metal investments.
Acorda Therapeutics, Inc.: Bankruptcy Proceedings
Acorda Therapeutics, Inc. shares plummeted 12% to $2.20 as the company initiated voluntary Chapter 11 proceedings, marking a significant turn in its financial journey.
Exscientia plc: Quarterly Disappointment
Exscientia plc fell 10.8% to $4.6395 after quarterly results fell short, raising concerns among investors.
Gamida Cell Ltd.: Volatile Performance
Gamida Cell Ltd. shares fell 8.4% to $0.0403 post a significant gain, reflecting the unpredictable nature of the market.
e.l.f. Beauty, Inc.: Peer Influence
e.l.f. Beauty, Inc. declined 8.2% to $170.71 following weak guidance from industry peer Ulta Beauty, signaling a broader industry challenge.
NWTN Inc.: Market Correction
NWTN Inc. fell 8% to $7.21, reflecting a market-wide correction affecting tech stocks.
Mesoblast Limited: Volatility Continues
Mesoblast Limited shares tumbled 7.3% to $6.11 post a previous gain, demonstrating ongoing uncertainty in the market.
Applied Digital Corporation: Stock Decline
Applied Digital Corporation fell 6.1% to $3.5850, signaling challenges ahead for the digital solutions company.
Lands’ End, Inc.: Market Fluctuations
Lands’ End, Inc. dropped 6.1% to $11.25, indicating broader market fluctuations affecting retail stocks.
Intel Corporation: Financial Strategy Shift
Intel Corporation fell 6.1% to $41.27 after unveiling a new financial reporting structure for its foundry business, aiming for enhanced transparency and cost discipline to drive higher returns.
