Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Lisa Levin

Why Baker Hughes Shares Dropped 8%; Here Are 64 Biggest Movers From Yesterday

Gainers

  • Pagaya Technologies Ltd. (NASDAQ:PGY) shares climbed 129.6% to close at $6.20 on Wednesday. Pagaya Technologies is expected to announce its Q2 earnings on August 16, 2022.
  • Direct Digital Holdings, Inc. (NASDAQ:DRCT) shares jumped 59.9% to close at $2.35 on Wednesday. Direct Digital Holdings said its supply-side advertising platform, Colossus SSP, reported a 540% year-over-year growth in revenue for the first quarter.
  • Stronghold Digital Mining, Inc. (NASDAQ:SDIG) climbed 50% to close at $3.21 following continuation of crypto rally.
  • ToughBuilt Industries, Inc. (NASDAQ:TBLT) jumped 36% to close at $4.19 after climbing around 15% on Tuesday. ToughBuilt Industries recently announced its Q2 gross sales through Amazon were $3.56 million, representing a 20% year-over-year increase.
  • Aehr Test Systems (NASDAQ:AEHR) rose 28.7% to close at $11.84 after the company reported fourth-quarter sales growth of 166% year-over-year to $20.3 million, beating the consensus of $20.02 million. Separately, the company announced that it has received $12.8 million in orders from its lead silicon carbide test and burn-in customer for multiple FOX-XP™ systems, a FOX™ high volume production WaferPak Aligner, and a small number of FOX WaferPak full wafer contactors.
  • Waitr Holdings Inc. (NASDAQ:WTRH) gained 28.1% to close at $0.3150.
  • Avinger, Inc. (NASDAQ:AVGR) rose 27.6% to settle at $1.85.
  • AMCON Distributing Company (NYSE:DIT) surged 26.4% to close at $243.99. Amcon Distributing recently posted Q3 EPS of $10.27.
  • Rhythm Pharmaceuticals, Inc. (NASDAQ:RYTM) jumped 24.9% to close at $13.21 after the French National Agency for Medicines and Health Products Safety and Haute Autorité de santé granted pre-marketing authorization AP1 for IMCIVREE for patients with genetically-confirmed Bardet-Biedl syndrome for the treatment of obesity and the control of hunger.
  • Fujian Blue Hat Interactive Entertainment Technology Ltd. (NASDAQ:BHAT) gained 24.9% to settle at $3.06.
  • The OLB Group, Inc. (NASDAQ:OLB) jumped 23.9% to settle at $1.45.
  • Calithera Biosciences, Inc. (NASDAQ:CALA) surged 23.3% to close at $3.44.
  • Allakos Inc. (NASDAQ:ALLK) gained 21.7% to close at $4.09.
  • Acutus Medical, Inc. (NASDAQ:AFIB) jumped 20.9% to settle at $1.39.
  • Cellectar Biosciences, Inc. (NASDAQ:CLRB) gained 20.7% to close at $0.5913.
  • LM Funding America, Inc. (NASDAQ:LMFA) surged 20.6% to settle at $1.11. LMF Acquisition Opportunities, Inc’s combination partner SeaStar Medical submitted Humanitarian Device Exemption Application to the FDA for use of selective cytopheretic device in children with acute kidney injury.
  • HEXO Corp. (NASDAQ:HEXO) gained 20.5% to settle at $0.2338. Shares of cannabis companies traded higher in anticipation of a Senate marijuana meeting.
  • Dave Inc. (NASDAQ:DAVE) rose 19.9% to close at $0.6850. Dave is one of the most-discussed stocks in Benzinga Pro's lounge chat Wednesday morning.
  • Carvana Co. (NYSE:CVNA) gained 19.8% to settle at $27.38.
  • Kaleyra, Inc. (NYSE:KLR) jumped 19.7% to close at $2.31.
  • Arrival (NASDAQ:ARVL) gained 19.4% to close at $1.85. Arrival recently proposed a business reorganisation.
  • Applied Blockchain, Inc. (NASDAQ:APLD) shares rose 17.5% to close at $2.49. Applied Blockchain shares jumped 100% on Tuesday after the company raised its Q4 revenue guidance. Also, the company announced a 5-year hosting contract with Marathon Digital.
  • Senti Biosciences, Inc. (NASDAQ:SNTI) gained 17.5% to close at $2.08.
  • New Relic, Inc. (NYSE:NEWR) rose 17.5% to close at $61.55.
  • Bright Minds Biosciences Inc. (NASDAQ:DRUG) rose 17.5% to close at $1.01.
  • Capstone Green Energy Corporation (NASDAQ:CGRN) gained 17.3% to close at $1.83.
  • Bright Scholar Education Holdings Limited (NYSE:BEDU) gained 16.9% to close at $0.9177. Bright Scholar will hold 2022 Annual General Meeting on August 22, 2022.
  • Canopy Growth Corporation (NASDAQ:CGC) rose 16.9% to close at $3.05. Canopy Growth closed its exchange transaction of certain 4.25% unsecured notes due 2023 in order to reduce its debt obligations by around CA$263 million.
  • Coinbase Global, Inc. (NASDAQ:COIN) gained 14.3% to close at $75.27 amid an increase in the price of Bitcoin and Ethereum.
  • Exela Technologies, Inc. (NASDAQ:XELA) jumped 14.3% to close at $0.1515.
  • Unity Software Inc. (NYSE:U) gained 13.7% to close at $40.52. Shares of technology and software companies traded higher amid a drop in yields.
  • Shopify Inc. (NYSE:SHOP) jumped 12% to close at $15.51. Shares of technology and software companies traded higher amid a drop in yields.
  • Inovio Pharmaceuticals, Inc. (NASDAQ:INO) gained 11% to close at $2.23. Inovio Pharmaceuticals implemented a corporate reorganization designed to extend its cash runway and focus on key clinical programs.
  • Snap Inc. (NYSE:SNAP) gained 9.6% to settle at $15.51.
  • Leafly Holdings, Inc. (NASDAQ:LFLY) gained 9.4% to close at $5.10.
  • Precigen, Inc. (NASDAQ:PGEN) rose 9.1% to settle at $1.91.
  • Datadog, Inc. (NASDAQ:DDOG) rose 8.5% to settle at $100.88 after Bernstein initiated coverage on the stock with an Outperform rating and a $172 price target.
  • Ideanomics, Inc. (NASDAQ:IDEX) gained 7.7% to close at $0.7650. Ideanomics unit Solectrac recently announced a partnership with Nolan Manufacturing to produce Solectrac's e25 electric tractors with additional models slated for future production.
  • Netflix, Inc. (NASDAQ:NFLX) gained 7.4% to close at $216.44. Netflix posted better-than-expected earnings for its second quarter. The company ended the second quarter with 220.67 million subscribers, down from a reported 221.64 million in the first quarter.
  • Cloudflare, Inc. (NYSE:NET) gained 7% to close at $53.00. Shares of technology and software companies traded higher amid a drop in yields.
  • SCYNEXIS, Inc. (NASDAQ:SCYX) gained 6.1% to close at $2.25. Scynexis announced the presentation of positive outcomes from the CANDLE 304s nested sub-study of ibrexafungerp in recurrent vulvovaginal candidiasis (RVVC) who failed fluconazole treatment.
  • Amazon.com, Inc. (NASDAQ:AMZN) rose 3.9% to close at $122.77. Jefferies maintained Amazon.com with a Buy and lowered the price target from $163 to $150.
  • Omnicom Group Inc. (NYSE:OMC) rose 3.9% to settle at $70.06 as the company posted stronger-than-expected results for its second quarter on Tuesday.


Losers

  • Vascular Biogenics Ltd. (NASDAQ:VBLT) shares tumbled 79.3% to close at $0.4250 on Wednesday after the company announced the data from its Phase 3 OVAL trial of ofra-vec did not meet the primary endpoints of achieving a statistically significant improvement.
  • JE Cleantech Holdings Limited (NASDAQ:JCSE) dipped 75.2% to settle at $3.00.
  • Adial Pharmaceuticals, Inc. (NASDAQ:ADIL) fell 46.7% to close at $0.98 after the company announced topline results for its Onward Phase 3 trial for AD04 in patients with Alcohol Use Disorder.
  • Tuesday Morning Corporation (NASDAQ:TUEM) dropped 30% to close at $0.1987. BWS Financial recently downgraded Tuesday Morning from Buy to Neutral and announced a $0.5 price target.
  • FaZe Holdings Inc. (NASDAQ:FAZE) fell 24.1% to close at $9.88. A SPAC merger announced between FaZe Clan and B. Riley Principal 150 Merger Corp in October has been completed.
  • ArcLight Clean Transition Corp. II (NASDAQ:ACTD) dropped 23% to close at $7.82.
  • Revelation Biosciences, Inc. (NASDAQ:REVB) fell 22.8% to close at $0.8807.
  • Belite Bio, Inc (NASDAQ:BLTE) fell 22.1% to close at $34.01. Belite Bio submitted an Investigational New Drug Application to the FDA to support Phase 3 development of LBS-008 for Stargardt Disease (STGD1), a rare genetic eye disease.
  • Crown ElectroKinetics Corp. (NASDAQ:CRKN) fell 19.4% to close at $4.53 after the company priced its common stock offering of 1.25 million shares at $0.80 per share.
  • OptimizeRx Corporation (NASDAQ:OPRX) fell 17.7% to close at $24.64. B. Riley Securities maintained OptimizeRx with a Buy and lowered the price target from $71 to $56.
  • Inozyme Pharma, Inc. (NASDAQ:INZY) fell 16.9% to close at $4.53. Inozyme Pharma announced preliminary biomarker, safety, and pharmacokinetic (PK) data from the first three subjects in the Phase 1 portion of its ongoing Phase 1/2 trial of INZ-701 in ABCC6 Deficiency, which presents as pseudoxanthoma elasticum (PXE) in older individuals.
  • Mesa Royalty Trust (NYSE:MTR) fell 16.9% to close at $12.35.
  • AMTD Digital Inc. (NYSE:HKD) shares dropped 16.8% to close at $20.70. AMTD Digital shares dropped over 10% on Tuesday on continued volatility following the company's recent IPO.
  • Faraday Future Intelligent Electric Inc. (NASDAQ:FFIE) fell 16.3% to close at $4.64.
  • Healthcare Services Group, Inc. (NASDAQ:HCSG) fell 16.2% to close at $15.55 after the company posted second-quarter FY22 revenue growth of 6.7% year-over-year to $424.9 million, missing the consensus of $426.72 million.
  • Schmitt Industries, Inc. (NASDAQ:SMIT) dropped 16% to settle at $3.94. Schmitt Industries entered into term sheet with Proton Green and announced spin-off of its Ample Hills Business.
  • ITHAX Acquisition Corp. (NASDAQ:MOND) fell 12.4% to close at $7.99.
  • Forestar Group Inc. (NYSE:FOR) fell 10.3% to close at $14.21 after the company reported worse-than-expected Q3 EPS and sales results and issued FY22 revenue guidance below estimates.
  • Baker Hughes Company (NYSE:BKR) fell 8.3% to close at $25.89 after the company reported worse-than-expected Q2 EPS and sales results.
  • Biogen Inc. (NASDAQ:BIIB) dropped 5.8% to close at $207.49. Biogen disclosed in its second-quarter earnings report that it recorded $900 million related to a settlement agreement to resolve previously disclosed "qui tam" litigation related to its conduct before 2015.
Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.