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Why Accolade Shares Are Trading Lower By Around 10%

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Stocks Moving in Thursday’s Mid-Day Session: Gainers and Losers

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Gainers

  • Orchard Therapeutics plc (ORTX): Shares of Orchard Therapeutics surged 97.7% to $15.98 after it was announced that the company will be acquired by Japan’s Kyowa Kirin for $16.00 per ADS in cash, with an additional contingent value right of $1.00 per ADS.
  • Meiwu Technology Company Limited (WNW): Meiwu Technology’s stock gained 69.4% to $0.1641.
  • VS MEDIA Holdings Limited (VSME): VS Media’s shares climbed 66% to $7.74 after announcing its expansion into Macau.
  • SP Plus Corporation (SP): SP Plus Corporation saw its shares rise 47.5% to $52.24 following the announcement of its acquisition by Metropolis Technologies for $1.5 billion.
  • Camber Energy, Inc. (CEI): Camber Energy’s stock jumped 40% to $0.3470.

Losers

  • Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (OMAB): Shares of Grupo Aeroportuario del Centro Norte fell 39.6% to $53.63.
  • Cambium Networks Corporation (CMBM): Cambium Networks Corporation’s stock declined 35.9% to $5.07 after announcing lower than expected third-quarter revenues.
  • Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (PAC): Grupo Aeroportuario del Pacífico’s shares fell 30.3% to $114.00.
  • Bridgetown Holdings Limited (BTWN): Bridgetown Holdings’ stock declined 30% to $7.30.
  • Grupo Aeroportuario del Sureste, S. A. B. de C. V. (ASR): Shares of Grupo Aeroportuario del Sureste fell 28.2% to $174.15.

Accolade Inc (ACCD) shares are trading lower by around 10% following the company’s second-quarter results. Other stocks also experienced notable movements in Thursday’s mid-day session. Let’s take a closer look at the gainers and losers of the day.

Gainers

  • Orchard Therapeutics plc (ORTX): Shares of Orchard Therapeutics surged 97.7% to $15.98 after it was announced that the company will be acquired by Japan’s Kyowa Kirin for $16.00 per ADS in cash, with an additional contingent value right of $1.00 per ADS.
  • Meiwu Technology Company Limited (WNW): Meiwu Technology’s stock gained 69.4% to $0.1641.
  • VS MEDIA Holdings Limited (VSME): VS Media’s shares climbed 66% to $7.74 after announcing its expansion into Macau.
  • SP Plus Corporation (SP): SP Plus Corporation saw its shares rise 47.5% to $52.24 following the announcement of its acquisition by Metropolis Technologies for $1.5 billion.
  • Camber Energy, Inc. (CEI): Camber Energy’s stock jumped 40% to $0.3470.

Losers

  • Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (OMAB): Shares of Grupo Aeroportuario del Centro Norte fell 39.6% to $53.63.
  • Cambium Networks Corporation (CMBM): Cambium Networks Corporation’s stock declined 35.9% to $5.07 after announcing lower than expected third-quarter revenues.
  • Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (PAC): Grupo Aeroportuario del Pacífico’s shares fell 30.3% to $114.00.
  • Bridgetown Holdings Limited (BTWN): Bridgetown Holdings’ stock declined 30% to $7.30.
  • Grupo Aeroportuario del Sureste, S. A. B. de C. V. (ASR): Shares of Grupo Aeroportuario del Sureste fell 28.2% to $174.15.

Accolade Inc’s stock (ACCD) is currently experiencing a 10% decrease in value, which can be attributed to the company’s recently reported second-quarter results. It is important for investors and traders to keep an eye on market movements and analyze the factors behind stock price changes.

© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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