Shares of Wipro Limited WIT soared on Friday after the company reported third-quarter financial results, issued guidance, and declared an interim dividend.
Wipro shares experienced a significant surge, climbing 16.7% to $6.27 during mid-day trading on Friday.
While Wipro took center stage, several other stocks also made notable moves during the mid-day session.
Stocks on the Rise
- Charge Enterprises, Inc. CRGE witnessed a substantial spike of 144.8% to reach $0.1988, rebounding from a 9% decline on the previous day.
- Volcon, Inc. VLCN climbed 47.3% to $0.1458 following an 11% increase on Thursday.
- Mega Matrix Corp. MPU rose 28.2% to $3.63.
- Applied UV, Inc. AUVI gained 27% to $2.8896 subsequent to the company’s announcement of the launch of its Fighter Flex LED solution at the upcoming AHR Expo on January 22nd.
Market Update: Stocks Plummet as Investors Brace for Impact
MAIA Biotechnology, Inc. Faces 12.3% Decline
Shares of MAIA Biotechnology, Inc. (NASDAQ: MAIA) took a disheartening nosedive, plummeting to $1.23, marking a discouraging 12.3% drop.
Electrameccanica Vehicles Corp. Stumbled By 12%
Electrameccanica Vehicles Corp. (NASDAQ: SOLO) witnessed a tough day as its shares fell by 12% to $0.2551. Roth MKM analyst Craig Irwin announced a Neutral outlook for the company and adjusted the price target from $0.5 to $0.4.
The Sinking of Evoke Pharma, Inc.
Evoke Pharma, Inc. (NASDAQ: EVOK) faced a substantial plunge of 11.4%, with shares settling at a disappointing $0.7501 after experiencing a similar setback of around 10% on the preceding day.
Jin Medical International Ltd. Hits A Rough Patch
Jin Medical International Ltd. (NASDAQ: ZJYL) encountered a trying day, with shares dropping by 10.6% to $69.13.
Marathon Digital Holdings, Inc. Weighed Down By 10.3% Decline
The share value of Marathon Digital Holdings, Inc. (NASDAQ: MARA) witnessed a palpable decrease of 10.3%, settling at $20.08.
E-Home Household Service Holdings Limited Suffers 9.7% Fall
E-Home Household Service Holdings Limited (NASDAQ: EJH) observed a discouraging downturn, with shares plummeting by 9.7% to $0.8033, following a dizzying 70% surge just a day earlier.
Roadzen, Inc. Struggles with 9.7% Decline
Roadzen, Inc. shareholders faced a challenging day as share values dropped by 9.7%, settling at $4.2343.
United Airlines Holdings, Inc. Falls 8.6% in Sympathy with Delta
United Airlines Holdings, Inc. (NASDAQ: UAL) encountered an 8.6% decline, impacted by Delta’s adverse quarterly results and 2024 guidance, compelling a sympathetic downturn.
WISeKey International Holding AG Plunges by 8.4%
WISeKey International Holding AG (NASDAQ: WKEY) suffered a significant plummet of 8.4%, with shares declining to $2.6813, following an astonishing surge of over 30% just a day earlier.
American Airlines Group Inc. Hit by 8% Decline in Sympathy with Delta
American Airlines Group Inc. (NASDAQ: AAL) faced an 8% downturn, influenced by Delta’s distressing quarterly results and 2024 guidance, leading to a sympathetic decline.
Delta Air Lines, Inc. Sees 7.9% Share Decline Post-Earnings Report
Delta Air Lines, Inc. (NYSE: DAL) encountered a substantial 7.9% drop, with shares marking a disappointing $38.92 after the company reported its fourth-quarter financial results and issued guidance.
Grifols, S.A. Faces 6.7% Share Decline
Grifols, S.A. (NASDAQ: GRFS) witnessed a discernible 6.7% plummet, with shares settling at a disappointing $7.43, following a similar setback of around 14% on the preceding day.
