With disappointment wrapped in financial figures, the market witnessed Bumble Inc.‘s BMBL stock plummet 11.6% to $11.65 today due to a less-than-stellar quarterly report.

Their latest financial release showcased Bumble’s quarterly losses, hammering at 19 cents per share, missing the expected 12 cents per share. Furthermore, the company’s quarterly sales fell short at $273.64 million compared to the forecasted $275.29 million.

As investors grappled with this negative development, let’s take a peek at other stocks in today’s mid-day session that are painting a different picture.

Surging Ahead

• Vivani Medical, Inc. VANI saw a massive surge of 289% to $3.93 after unveiling preclinical data on NPM-115’s weight loss effects and disclosing semaglutide as NPM-139’s active ingredient.
• Adial Pharmaceuticals, Inc. ADIL climbed a striking 190% to $2.4598, fueled by a new US patent safeguarding its leading alcohol use disorder product.
• vTv Therapeutics Inc. VTVT made a significant leap of 112% to $17.65 following a $51 million private placement announcement involving healthcare-focused investors and the JDRF T1D Fund.
• Bit Brother Limited BETS surged by 63.7% to $4.0750 in today’s session.
• Beyond Meat, Inc. BYND rose by 45% to $10.90, underpinned by robust fourth-quarter sales figures.
• Incannex Healthcare Inc. IXHL witnessed a surge of 43.6% to $6.06 as the company declared the success of its Psi-GAD1 trial’s primary endpoint.
• Bandwidth Inc. BAND surged an impressive 43.3% to $17.41 post-reporting a robust fourth-quarter performance and issuing FY24 revenue guidance that exceeded expectations.
• Imunon, Inc. IMNN climbed 38% to $0.98 on the back of positive market sentiment.
• Applied Therapeutics, Inc. APLT soared by 36% to $7.59 after announcing FDA acceptance and priority review of their NDA for govorestat for Classic Galactosemia treatment, alongside a $100 million private placement.
• Movella Holdings Inc. MVLA enjoyed a boost of 33.5% to $0.33.
• LifeStance Health Group, Inc. LFST surged by 31.5% to $8.81 after delivering robust quarterly sales results.
• AirNet Technology Inc. ANTE experienced a 31.3% rise to $1.05 amidst announcements of changes in the senior management team.
• Polestar Automotive Holding UK PLC PSNY shot up by 29.9% to $1.9350 following the acquisition of $1 billion in external funding.
• Editas Medicine, Inc. EDIT gained 27.7% to $11.31 after posting robust fourth-quarter financial results.
• TG Therapeutics, Inc. TGTX saw a jump of 27.2% to $17.69 on the back of positive fourth-quarter financial results.
• Qurate Retail, Inc. QRTEA rose by 22% to $1.71 post-reporting strong fourth-quarter financials.
• B&G Foods, Inc. BGS surged by 21.4% to $11.41 post-better-than-expected fourth-quarter financial performance and issuance of FY24 revenue guidance.
• Flywire Corporation FLYW gained 20% to $29.40 after delivering impressive fourth-quarter financial results.
• Flywire Corporation FLYW climbed 17.6% to $28.84 post-positive fourth-quarter financial results.
• The Vita Coco Company, Inc. COCO surged by 17.3% to $26.32 post-robust fourth-quarter financial results and issuance of FY24 net sales guidance.
• J-Long Group Limited JL rose by 17.2% to $18.90 amidst positive market sentiment.
• Revolve Group, Inc. RVLV surged by 16% to $20.28 after releasing exceptional fourth-quarter results the day prior.
• Nauticus Robotics, Inc. KITT saw a healthy gain of 15.9% to $0.3549.
• Life Time Group Holdings, Inc. LTH rose by 15.3% to $14.32 after a strong fourth-quarter financial performance and issuance of positive first-quarter revenue guidance.
• Ventyx Biosciences, Inc. VTYX saw a jump of 15% to $6.96 in pre-market trading following robust fourth-quarter results.
• Connexa Sports Technologies Inc. CNXA experienced a 14.3% jump to $0.27, reflecting upbeat market sentiment.
• ACM Research, Inc.
  
  
  
  
  
  
  
  

  Stock Market Rollercoaster: Winners and Losers

  Winners

  • Momentum ACMR soared 13.6% to $24.75 in pre-market trading due to stellar fourth-quarter FY23 results.
  • Vipshop Holdings Limited VIPS surged 12.4% to $19.49 post better-than-expected financial performance in the fourth quarter.
  • MicroStrategy Incorporated MSTR climbed 10.9% to $967.01, showing remarkable growth.
  • Chart Industries, Inc. GTLS rose 10.5% to $145.33 after delivering mixed financials for the fourth quarter and issuing encouraging FY24 adjusted EPS predictions.
  • Assured Guaranty Ltd. AGO gained 9.8% to $94.11 on the back of strong fourth-quarter financial results.
  • eBay Inc. EBAY rose 8.4% to $48.15 following a robust performance in the fourth quarter.
  • ADT Inc. ADT climbed 7.2% to $7.00 after delivering impressive earnings.
  • Advance Auto Parts, Inc. AAP gained 7.1% to $69.32 post unveiling their fourth quarter financial results.

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  Losers

  • Oragenics, Inc. OGEN shares tumbled 43.3% to $1.39 due to pricing issues in their public offering.
  • Integral Ad Science Holding Corp. IAS fell 40.2% to $1.39 after posting subpar fourth-quarter financial results.
  • Charge Enterprises, Inc. CRGE dropped 36.8% to $0.0379.
  • Palatin Technologies, Inc. PTN saw a decline of 34.8% to $2.5880 due to the results of a pivotal Phase 3 clinical trial.
  • Inogen, Inc. INGN dipped 31.2% to $6.43 following disappointing results.
  • Eventbrite, Inc. EB fell 30.2% to $5.81 post announcing mixed fourth-quarter financial results.
  • Solarmax Technology Inc. SMXT shares stumbled 27.5% to $5.81 due to an initial public offering.
  • Novavax, Inc. NVAX dipped 27% to $4.4000 after underwhelming fourth-quarter sales and weak first-quarter revenue guidance.
  • Lemonade, Inc. LMND shares declined 26.1% to $16.04 following their fourth-quarter results.

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