
Cutera, Inc.’s stocks plummeted by over 26% during Friday’s session following the announcement of disappointing fourth-quarter adjusted EPS figures.
The company reported an adjusted loss of $1.36 per share, missing the market’s projected loss of 94 cents per share. Despite quarter sales slightly outperforming, reaching $49.540 million against $47.500 million anticipated.
As a result, Cutera shares nosedived to $1.6899 on Friday.
Let’s explore other notable market movements from today’s mid-day session.
Big Winners
- Murano Global Investments PLC experienced a staggering 147.5% surge, climbing to $23.94 post a 46% decline on Thursday.
- Nova LifeStyle, Inc. witnessed a robust 120% leap to $4.0301 after registering a 22% gain on Thursday.
- BIOLASE, Inc. saw its shares skyrocket by 50.4% to $0.2256 following a fourth-quarter earnings beat.
- IMAC Holdings, Inc. advanced by 41.1% to $1.8204.
- Summit Midstream Partners, LP surged 36.1% to $26.45 after announcing the sale of its Utica position for $625 million.
- Outlook Therapeutics, Inc. gained 32.1% to $9.30 upon receiving a positive CHMP opinion for ONS-5010 as a Wet AMD treatment.
- GT Biopharma, Inc. rose by 27.6% to $4.86.
- Aemetis, Inc. soared 21% to $6.21 following the approval of a $200 million EB-5 program investment.
- Foresight Autonomous Holdings Ltd. rose by 20.4% to $1.1796 after completing technology validation for connected mobility applications.
- Intellicheck, Inc. climbed 19.4% to $2.09 after reporting a year-over-year increase in fourth-quarter EPS.
- Worthington Steel, Inc. surged 18.8% to $37.92 post stronger-than-expected third-quarter results.
- Canopy Growth Corporation witnessed an 18.6% rise to $5.41.
- Annexon, Inc. climbed by 17.3% to $7.14.
- Ocugen, Inc. gained 12.5% to $1.5090 and recently appointed a new Chief Medical Officer.
- Lithium Americas (Argentina) Corp. rose 12.2% to $5.77.
- Dianthus Therapeutics, Inc. surged 11% to $30.84 following positive results.
- Griid Infrastructure Inc. climbed by 10.9% to $1.22.
- Astera Labs, Inc. rose 9.6% to $70.30.
- FedEx Corporation gained 7.9% to $285.78 after reporting impressive third-quarter earnings and authorizing a $5 billion share repurchase.
- Foot Locker, Inc. rose by 5% to $24.85 post an upgrade from Sell to Neutral by Citigroup.
Major Losers
- BYND Cannasoft Enterprises Inc. tumbled 36.4% to $2.32 following a 1-for-190 reverse stock split.
- Sintx Technologies, Inc. fell by 30.4% to $0.0946 after announcing a proposed public stock offering.
- Ispire Technology Inc. slid 28% to $5.84 after pricing a public offering of 2.05 million shares at $6.00 per share.
- Brand Engagement Network, Inc. declined 27.2% to $8.00.
- Nkarta, Inc. dropped 22.2% to $10.10 post fourth-quarter financials release and a downgrade from Raymond James.


