Why American Software Shares Are Trading Lower By Over 20%? Here Are Other Stocks Moving In Friday's Mid-Day Session

Jun 9, 202316:49 UTC

AAHI SSIEN

SNOA CCFRX

Gainers

Advanced Health Intelligence Ltd. AAHI shares jumped 144.5% to $0.7827.
Sientra, Inc. SSIEN shares climbed 72.7% to $3.0050. Sientra announced FDA-clearance of next generation AlloX2 Pro Tissue Expander.
Sonoma Pharmaceuticals, Inc. SNOA gained 40.2% to $ 1.3599. Sonoma Pharmaceuticals announced a new application for intraoperative pulse lavage irrigation treatment, which can replace commonly used IV bags in a variety of surgical procedures.
ContraFect Corporation CCFRX gained 30.5% to $ 1.8796. ContraFect plans to present new data demonstrating potential efficacy of its engineered lysins against antibiotic-resistant pathogens at ASM Microbe 2023.
Miromatrix Medical Inc. MMIRO climbed 21.3% to $1.5650.
Exela Technologies, Inc. XELA rose 20.7% to $5.66. On June 8, 2023, Exela Technologies entered into a restructuring support agreement.
Braze, Inc. BRZE shares rose 20.4% to $ 40.82 after the company posted upbeat first-quarter results and issued strong forecast.
NextPlat Corp NXPL gained 19.8% to $3.02.
TMC the metals company Inc. TMC climbed 18.3% to $0.93.
Marker Therapeutics, Inc. MRKR gained 17.6% to $2.4454.
Disc Medicine Opco Inc IRON jumped 17.2% to $46.26 after the company announced data from its ongoing Phase 2 open-label BEACON trial evaluating bitopertin in patients with erythropoietic protoporphyria and X-linked protoporphyria at the EHA 2023 Congress.
Interactive Strength Inc. TRNR rose 16.9% to $5.16. Interactive Strength posted a narrower quarterly loss.
Kingsoft Cloud Holdings Limited KC climbed 16.4% to $5.57. Kingsoft Cloud announced share purchase by Vice Chairman and Chief Executive Officer.
VIQ Solutions Inc. VVQS gained 16% to $0.2841.
Peloton Interactive, Inc. PTON rose 14.3% to $9.39.
Trupanion, Inc. TRUP climbed 12.5% to $26.23.
Loop Media, Inc. LPTV gained 12.2% to $3.03. B. Riley Securities initiated coverage on Loop Media with a Buy rating and announced a price target of $5.
Joby Aviation, Inc. JOBY climbed 11.8% to $7.00 after Canaccord Genuity initiated coverage on the stock with a Buy rating and an $8 price target.
Akili, Inc. AKLI climbed 11.4% to $1.2814.
Archer Aviation Inc. ACHR rose 11.4% to $3.4092 after Canaccord Genuity initiated coverage on the stock with a Buy rating and announced a $9 price target.
CorEnergy Infrastructure Trust, Inc. CCORR gained 11% to $1.2101.
Peloton Interactive, Inc. PTON gained 10.8% to $9.11.
Mission Produce, Inc. AVO climbed 9% to $13.65 after the company reported better-than-expected second-quarter financial results.
Akso Health Group AHG shares climbed 8.7% to $0.3694. Akso Health Group was granted additional 180 calendar day grace period by Nasdaq to regain compliance with minimum bid price rule.
WaveDancer, Inc. WAVD gained 8% to $0.45.

Losers

Elevation Oncology, Inc. ELEV fell 39.5% to $1.7025 after the company reported pricing of $50 million public offering.
Takung Art Co., Ltd. TTKAT dipped 30.6% to $0.34.
Unico American Corporation UUNAM fell 28.2% to $0.8324. Unico American Corporation's principal subsidiary, Crusader Insurance Company placed in Conservation Unico received notice of delisting from Nasdaq effective June 15, 2023.
Planet Labs PBC PL fell 25.5% to $3.6450 after the company reported first-quarter results.
Baosheng Media Group Holdings Limited BAOS fell 22.4% to $10.89 after jumping 145% on Thursday.
American Software, Inc. AMSWA dropped 20.8% to $10.62. American Software reported better-than-expected earnings for its fourth quarter, while sales missed estimates. The company said it sees FY24 revenue of $120 million to $126.0 million.
Cineverse Corp. CNVS dipped 16.7% to $4.28. Benchmark maintained Cineverse with a Speculative Buy and raised the price target from $5 to $9.
MedAvail Holdings, Inc. MMDVL fell 16% to $0.2702.
Comtech Telecommunications Corp. CMTL dropped 14.5% to $9.68 after the company reported worse-than-expected quarterly adjusted EPS results.
Powerbridge Technologies Co., Ltd. PPBTS fell 14.2% to $1.56.
EVgo, Inc. EVGO fell 13.8% to $3.7493.
ChargePoint Holdings, Inc. CHPT declined 13.4% to $8.32 after GM said it would partner with Tesla to use its charging network.
Greenlane Holdings, Inc. GNLN dipped 12.7% to $2.39. Benchmark initiated coverage on Greenlane with a Speculative Hold rating.
Argan, Inc. AGX fell 11.3% to $39.21 after the company reported worse-than-expected first-quarter financial results.
Asset Entities Inc. ASST fell 11% to $1.22 after gaining over 10% on Thursday.
Keros Therapeutics, Inc. KROS dropped 10.6% to $43.77. Keros Therapeutics presented additional data from its ongoing Phase 2 trial of KER-050 in patients with very low-, low-, or intermediate-risk myelodysplastic syndromes, and preclinical data showing KER-050 to restore erythropoiesis in myelofibrosis.
Golden Minerals Company AUMN shares fell 10.3% to $2.46.
Blink Charging Co BLNK dropped 9.5% to $6.03 after GM said it would partner with Tesla to use its charging network.
Wheels Up Experience Inc. UP shares dropped 8% to $2.76 after gaining 6% on Thursday.
PepGen Inc. PEPG fell 7.8% to $15.10.
Vail Resorts, Inc. MTN dropped 6.6% to $241.07 after the company reported worse-than-expected third-quarter financial results and issued guidance.
DISH Network Corporation DDISH fell 6.3% to $6.97 amid reports of its struggle to sell assets and battle insider speculation of a possible bankruptcy.

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