Airspan Networks Holdings Inc. (MIMO) saw its shares skyrocket during Wednesday’s session following the news of a collaboration with GCT Semiconductor to develop an RF module, driving a staggering 381% surge to $0.3699.

The day also saw numerous other companies experience significant stock movement in the mid-day session, with some recording substantial gains and others faced losses.

Top Performers

• Treasure Global Inc. (TGL) gained 31% to $0.1144.
• LQR House Inc. (LQR) surged 30.4% to $2.6344, rebounding after a 45% dip on Tuesday, following an announcement to raise its share buyback program to $5 million.
• ProQR Therapeutics N.V. (PRQR) rose 29% to $3.2123.
• Safety Shot, Inc. (SHOT) climbed 26.7% to $2.2692, responding to FSD Pharma’s unauthorized tagging and false claims targeted at the company and its shareholders.
• Bullfrog AI Holdings, Inc. (BFRG) gained 27% to $3.3626 after sharing early results from its collaboration with Lieber Institute for Brain Development (LIBD).
• Fitell Corporation (FTEL) rose 25.7% to $1.2451.
• Kintara Therapeutics, Inc. (KTRA) climbed 25.6% to $0.1594, recovering from a more than 9% drop on Tuesday.
• Cognition Therapeutics, Inc. (CGTX) gained 22.4% to $2.5339.
• Rail Vision Ltd. (RVSN) rose 22% to $2.0510 following the signing of a supply contract valued at up to $5,000,000 with a leading US-based rail and leasing services company for the purchase of Rail Vision’s AI-based Switch Yard Systems.
• Digital World Acquisition Corp. (DWAC) jumped 17.5% to $26.25 after Donald Trump’s victory in the Iowa GOP caucus, with Digital World Acquisition Corp being the business combination partner of Trump Media & Technology Group.
• American Coastal Insurance Corporation (ACIC) gained 17.1% to $11.58 following Raymond James’ initiation of coverage on the stock with an Outperform rating and a $15 price target.
• Sinclair, Inc. (SBGI) surged 13.6% to $15.47 after reaching a preliminary agreement to settle the lawsuit filed by Diamond Sports Group, LLC and its subsidiary Diamond Sports Net, LLC in July 2023.
• Impinj, Inc. (PI) surged 10.6% to $90.50 after reporting preliminary revenue and adjusted EBITDA for the fourth quarter.
• Liquidia Corporation (LQDA) gained 10.4% to $13.67.
• Maplebear Inc. (CART) gained 8.4% to $25.90 after Wolfe Research upgraded the stock from Peer Perform to Outperform and announced a $35 price target.
• Progress Software Corporation (PRGS) rose 3.4% to $55.41 as the company posted stronger-than-expected results for its fourth quarter.

Underperformers

• TuSimple Holdings Inc. (TSP) tumbled 54.7% to $0.3201 following the announcement of its intention to delist from Nasdaq.
• Phunware, Inc. (PHUN) fell 50% to $0.2099 after announcing a $7 million registered direct offering price at-the-market under Nasdaq rules.
• Adagene Inc. (ADAG) declined 46.5% to $2.03 after presenting ADG126 data.
• TransCode Therapeutics, Inc. (RNAZ) fell 32.6% to $2.5650.
• Roma Green Finance Limited (ROMA) declined 31.5% to $2.68.
• Remark Holdings, Inc. (MARK) fell 27.7% to $0.4899.
• Acurx Pharmaceuticals, Inc. (ACXP) fell 25.7% to $3.48 after releasing comparative microbiology and microbiome data for ibezapolstat, its lead antibiotic candidate, from its completed Phase 2b trial in patients with Clostridioides difficile Infection (CDI).
• American Battery Technology Company (ABAT) fell 25% to $2.45.
• Spirit Airlines, Inc. (SAVE) shares dipped 24.1% to $6.01 on continued downward momentum after a federal judge blocked JetBlue Airways from acquiring the company.
• New Horizon Aircraft Ltd. (HOVR) fell 22.6% to $2.60.
• Charge Enterprises, Inc. (CRGE) fell 22.2% to $0.1260.
• Calavo Growers, Inc.
  

  Market Meltdown: Stock Prices Plunge for Several Companies

  Calavo Growers

  CVGW tumbled 15.4% to $24.56 as Calavo Growers delayed its fourth-quarter and FY23 financial results release.

  Alector, Inc.

  ALEC declined 14.4% to $6.54 after announcing a $75 million public offering of 10,869,566 shares of common stock.

  Fisker Inc.

  FSR dropped 11.8% to $0.8519 following a downgrade from Outperform to Market Perform by TD Cowen analyst Jeffrey Osborne and a lowered price target from $11 to $1.

  Richtech Robotics Inc.

  RR plunged 11.7% to $6.59.

  LendingTree, Inc.

  TREE shares tumbled 10.5% to $25.39.

  Nukkleus Inc.

  NUKK fell 9.3% to $1.36 after signing an MOU to increase holdings in Jacobi Asset Management.

  Compass, Inc.

  COMP declined 8.8% to $2.9350.

  Tellurian Inc.

  TELL dropped 8.6% to $0.6126.

  American Axle & Manufacturing Holdings, Inc.

  AXL fell 8.1% to $7.34 after UBS downgraded the stock from Neutral to Sell and lowered its price target from $8 to $6.5.

  Definitive Healthcare Corp.

  DH tumbled 8.1% to $8.45. Definitive Healthcare named Jason Krantz as Interim CEO, succeeding Robert Musslewhite.

  10x Genomics, Inc.

  TXG fell 7.8% to $41.04.

  Esperion Therapeutics, Inc.

  ESPR dipped 6.9% to $2.6150.

  HDFC Bank Limited

  HDB fell 6.8% to $56.99.

  MINISO Group Holding Limited

  MNSO dropped 6.8% to $21.00. MINISO shifted its fiscal year-end to Dec. 31 from June 30 for enhanced financial alignment.

  DigitalOcean Holdings, Inc.

  DOCN declined 5.8% to $32.94. DigitalOcean named Paddy Srinivasan as Chief Executive Officer.

  SolarEdge Technologies, Inc.

  SEDG fell 5.7% to $68.63 after Barclays downgraded the stock from Equal-Weight to Underweight and lowered its price target from $74 to $50.

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