Why Ulta Beauty Shares Are Trading Lower By Around 14%? Here Are Other Stocks Moving In Wednesday’s Mid-Day Session

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    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 petitions for relief under Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court.
    • View, Inc. VIEW fell 61.9% to $0.4196 after the company filed for Chapter 11 bankruptcy. The company on Tuesday said it reached a real with Cantor Fitzgerald and RXR to become a private company.
    • Sintx Technologies, Inc. SINT fell 44.5% to $0.0232 after the company announced pricing of a $1.5 million public offering of common stock.
    • GCT Semiconductor Holding, Inc. GCTS dipped 40% to $9.29 amid volatility following the company’s recently completed business combination with Concord Acquisition Corp III and NYSE debut.
    • FibroGen, Inc. FGEN fell 32.8% to $1.4499. FibroGen announced topline data from the Fortis Therapeutics-sponsored Phase 1 study of FG-3246 (also known as FOR46), a potential first-in-class anti-CD46 antibody drug conjugate (ADC) with an MMAE-containing payload.
    • Keyarch Acquisition Corporation KYCH fell 28.5% to $9.65.
    • TRACON Pharmaceuticals, Inc. TCON dipped 24.2% to $0.3148 as the company issued an update on ongoing ENVASARC Phase 2 pivotal trial following Independent Data Monitoring Committee Recommendation to continue the trial as planned.
    • BYND Cannasoft Enterprises Inc. BCAN fell 22.5% to $0.9741 after dipping around 12% on Tuesday.
    • Anghami Inc. ANGH fell 22.2% to $1.40. Anghami recently announced that it completed its transaction with OSN+.
    • Locafy Limited LCFY dipped 21.9% to $3.67 following second-quarter results.
    • Vicinity Motor Corp. VEV fell 19.3% to $0.75 after the company reported a year-over-year decrease in fourth-quarter EPS results.
    • Enveric Biosciences, Inc. ENVB dipped 18.4% to $0.93.
    • Murano Global Investments Plc MRNO fell 16.8% to $10.39.
    • Critical Metals Corp. CRML fell 16.7% to $11.66.
    • Acorda Therapeutics, Inc. ACOR shares fell 12% to $2.20. Acorda Therapeutics shares dipped 81% on Tuesday after the company commenced voluntary proceedings under Chapter 11 of the United States Bankruptcy Code.
    • Exscientia plc EXAI fell 10.8% to $4.6395 following quarterly results.
    • Gamida Cell Ltd. GMDA shares fell 8.4% to $0.0403 after gaining 18% on Tuesday.
    • e.l.f. Beauty, Inc. ELF fell 8.2% to $170.71 after peer Ulta Beauty reportedly issued weak guidance at a conference.
    • NWTN Inc. NWTN fell 8% to $7.21.
    • Mesoblast Limited MESO shares tumbled 7.3% to $6.11 after gaining 8% on Tuesday.
    • Applied Digital Corporation APLD fell 6.1% to $3.5850.
    • Lands’ End, Inc. LE fell 6.1% to $11.25.
    • Intel Corporation INTC fell 6.1% to $41.27 after the company outlined a new financial framework for its foundry business. After the market close on Tuesday, Intel announced a new financial reporting structure designed to drive increased cost discipline and higher returns by providing greater transparency, accountability and incentives across the business.

     

    Now Read This: Ethereum Trades Below $3,400 Following ADP Report; Stacks Becomes Top Loser

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