Inspiring confidence, DoorDash, Inc. DASH tiptoed onto the slippery slope today. Following its fourth-quarter financial report, DoorDash shares sunk substantially.

The company anticipates first-quarter marketplace GOV to hit the range of $18.5 billion to $18.9 billion and adjusted EBITDA between $320 million and $380 million.

DoorDash shares took an alarming tumble of 12.2% to $110.88 on Friday.

A maelstrom of other stocks also made waves in today’s mid-day session.

Mountain Climbers

• Gaxos.ai Inc. GXAI ascended an exorbitant 444% to $1.41. Gaxos Gaming unfurled plans to launch an AI solution for game developers and studios.
• Fusion Fuel Green PLC HTOO shares scalped a remarkable 157% to $3.10. The company gleefully announced that the European Commission had greenlit its HEVO-Portugal project under the Important Projects of Common European Interest (“IPCEI”) Hy2Infra program.
• Pop Culture Group Co., Ltd CPOP shares leapfrogged, boasting a 203% surge to $3.89.
• Ambow Education Holding Ltd. AMBO shares rocketed to a 164% surge, reaching $0.3649 after catapulting more than 15% on Thursday.
• Tarena International, Inc. TCTM hoisted itself aloft, boasting a colossal 93% climb to $2.1191, after having ascended around 12% on Thursday.
• MicroCloud Hologram Inc. HOLO rose 48%, reaching $45.90.
• Yunji Inc. YJ soared 43.5%, attaining $0.8666. Yunji joyfully proclaimed the appointment of a new independent director.
• Oriental Culture Holding LTD OCG sallied forth with a 30% ascension to $1.8982.
• Boqii Holding Limited BQ shares surged 24.2% to $0.3601 after a descent of around 5% on Thursday.
• PRA Group, Inc. PRAA vaulted 23.4% to $30.25 following vigorous results.
• The Trade Desk, Inc. TTD achieved an impressive 21% ascent to $91.66 after reporting mixed fourth-quarter financial results.
• Nano-X Imaging Ltd. NNOX surged 19%, reaching $11.31. Nvidia recently revealed a 59,632 share stake in the company.
• Intuitive Machines, Inc. LUNR leaped up 19% to $7.97. Intuitive Machines joyfully announced the successful launch of its IM-1 mission Nova-C class lunar lander on SpaceX’s Falcon 9 rocket.
• NOVONIX Limited NVX achieved an 18.8% upswing to $2.2339.
• Backblaze, Inc. BLZE skyrocketed 17.2% to $9.55 after wowing the crowd with better-than-expected fourth-quarter financial results and providing full year 2024 revenue guidance surpassing estimates.
• Toast, Inc. TOST surged 16.6% to $22.39 following better-than-expected fourth-quarter financial results and issuance of first-quarter adjusted subscription services and financial technology solutions guidance. The company also authorized a $250 million share repurchase program.
• Coinbase Global, Inc. COIN soared 15.8% to $191.79 after trumpeting better-than-expected financial results for its fourth quarter on Thursday.
• Lichen China Limited LICN rejoiced with a 13.7% leap to $1.3299. Lichen China filed for a mixed shelf of up to $100 million.
• Kinsale Capital Group, Inc. KNSL soared 13.1% to $495.00 on the back of upbeat quarterly results.
• Texas Roadhouse, Inc. TXRH leapt 10% to $147.30 after touting better-than-expected fourth-quarter GAAP EPS results. Wedbush and Stephens & Co lifted their respective price targets on the stock, further fueling the ascent.
• HireRight Holdings Corporation HRT temperature raised 9.8% to $14.12 as the company agreed to be acquired by General Atlantic and Stone Point Capital.
• Applied Materials, Inc. AMAT blazed a trail with an 8.3% ascent to $203.27 after serenading the crowd with better-than-expected first-quarter financial results and issuing second-quarter guidance.
• Tantech Holdings Ltd TANH surged 8.1% to $0.94 after a 16% leap on Thursday.
• Sarepta Therapeutics, Inc. SRPT ascended 7.9% to $134.73 after the FDA accepted and filed the company’s efficacy supplement to the Biologics License Application for ELEVIDYS.
• Artivion, Inc. AORT rose 4.1% to $18.78 following vigorous quarterly results.

Canyon Plummeteers

• China Natural Resources, Inc. CHNR descended 48% to $1.81 after the company arranged a mutual expansion program.











Market Volatility Grips Wall Street

Falling Stocks Shake Investor Confidence

• Shares of JX Luxventure Limited JXJT took a nosedive of 28% to $1.9850.

• Semper Paratus Acquisition Corporation TVGN witnessed a 25.1% drop to $7.49 after enjoying a 119% surge just the day before. Tevogen Bio’s $8 million equity investment left investors reeling.

• Additionally, Bloom Energy Corporation BE experienced a plunge of 24% to $7.49 after releasing fourth-quarter financial results that missed the mark.

Industry Titan Struggles Against the Tide

Cooper-Standard Holdings Inc. CPS watched its shares fall 24% to $14.60 following a disappointing performance in the quarterly results.

Analogously, Dunxin Financial Holdings Limited DXF tumbled 24% to $0.3650, mirroring the downtrend.

Fallout from Financial Reports

Roku, Inc. ROKU recorded a 22.7% drop to $73.08 after the disclosure of its fourth-quarter financial results.

Meanwhile, MultiSensor AI Holdings, Inc. MSAI saw a 21.7% decrease to $2.75 after a staggering 68% jump on the previous day.

---