Why Scholastic Shares Are Trading Lower By 23%? Here Are Other Stocks Moving In Friday’s Mid-Day Session – ADMA Biologics (NASDAQ:ADMA), Allarity Therapeutics (NASDAQ:ALLR)

Gainers

    • Near Intelligence Inc. NIR shares climbed 53.1% to $16.50.

 

    • Silvergate Capital Corporation SI climbed 48% to $1.67 on rumor suggesting a crypto exchange is trying to buy Silvergate’s trade processing technologies.

 

    • Dermata Therapeutics, Inc. DRMA gained 33.9% to $2.2499 after jumping 25% on Thursday. Maxim Group maintained Dermata Therapeutics with a Buy and lowered the price target from $16 to $4.

 

    • NaaS Technology Inc. NAAS jumped 25.7% to $5.24. NaaS Technology will hold an annual general meeting of shareholders on April 19, 2023.

 

    • GH Research PLC GHRS gained 25.5% to $8.68.

 

    • Vaccitech plc VACC climbed 25.4% to $2.8355 after the company reported better-than-expected FY22 sales results.

 

    • Troika Media Group, Inc. TRKA rose 23.4% to $0.2205.

 

    • GD Culture Group Limited GDC gained 22.8% to $3.2899.

 

    • G Medical Innovations Holdings Ltd GMVD jumped 21.5% to $2.09.

 

    • Bird Global, Inc. BRDS shares rose 19.3% to $0.1691 after gaining more than 17% on Thursday. Bird announced plans to expand across Greater Toronto area this spring.

 

    • Torrid Holdings Inc. CURV gained 18.1% to $2.81 after the company reported Q4 results.

 

    • Vicarious Surgical Inc. RBOT jumped 16% to $1.74.

 

    • Usio, Inc. USIO jumped 15.7% to $1.98.

 

    • Xcel Brands, Inc. XELB gained 14.5% to $0.70.

 

    • Vor Biopharma Inc. VOR jumped 13.7% to $5.80 following a narrower-than-expected quarterly loss.

 

    • ReNew Energy Global Plc RNW gained 13.6% to $4.99.

 

    • Reading International, Inc. RDIB surged 8% to $22.14.

 

    • ADMA Biologics, Inc. ADMA shares climbed 6.8% to $3.3215 after the company reported better-than-expected Q4 sales results and issued FY23 revenue guidance above estimates.

 

Losers

    • Boxed, Inc. BOXD fell 35.8% to $0.2209 after gaining 91% on Thursday. Boxed recently said it is evaluating potentially filing for relief under the U.S. Bankruptcy Code and other strategic alternatives.

 

    • Allarity Therapeutics, Inc. ALLR shares dropped 32% to $0.0767 after the company announced a reverse stock split of its common stock.

 

    • FiscalNote Holdings, Inc. NOTE shares tumbled 29.4% to $1.6799. FiscalNote shares jumped 75% on Thursday after the company announced it was selected by OpenAI for collaboration as an inaugural launch partner for OpenAI’s ChatGPT plug-in.

 

    • Hyzon Motors Inc. HYZN fell 25.4% to $0.7456.

 

    • Scholastic Corporation SCHL fell 23% to $31.82 after the company said Q3 adjusted EPS and sales results were lower year over year.

 

    • YS Biopharma Co., Ltd. YS dipped 22% to $10.14.

 

    • Sentage Holdings Inc. SNTG dropped 20.8% to $2.05.

 

    • DiamondHead Holdings Corp. DHHC fell 19.8% to $15.15 after gaining more than 82% on Thursday. DiamondHead entered into convertible note purchase agreement dated March 21, 2023.

 

    • Cidara Therapeutics, Inc. CDTX dropped 17.7% to $1.1750. HC Wainwright & Co. reiterated Cidara Therapeutics with a Buy and maintained a $6 price target.

 

    • Baosheng Media Group Holdings Limited BAOS fell 17.7% to $3.53.

 

    • Express, Inc. EXPR fell 16.2% to $0.7122 after the company reported worse-than-expected Q4 sales results.

 

    • Flora Growth Corp. FLGC fell 15.4% to $0.2360. Flora Growth is expected to host its 2022 year-end earnings call on Monday, April 3, 2023.

 

    • SMX (Security Matters) Public Limited Company SMX shares fell 14.2% to $1.10 after jumping over 35% on Thursday.

 

    • Oxford Industries, Inc. OXM dropped 13.2% to $101.06 after the company issued Q1 adjusted EPS guidance below estimates.

 

    • Ouster, Inc. OUST fell 12.5% to $0.7909 after the company reported downbeat Q4 results and issued weak Q1 sales forecast.

 

    • PepGen Inc. PEPG fell 12.3% to $14.79 following Q4 results.

 

    • Invivyd, Inc. IVVD dropped 11.2% to $1.2685. Invivyd posted a FY22 loss of $2.23 per share.

 

    • Lilium N.V. LILM fell 10.8% to $0.7089.

 

    • Heron Therapeutics, Inc. HRTX fell 10.7% to $1.8450 after posting Q4 results.

 

    • Proterra Inc. PTRA dropped 10.1% to $1.5199.

 

    • PARTS iD, Inc. ID fell 8.6% to $0.2146.

 

    • Farfetch Limited FTCH fell 7% to $4.3450. Citigroup maintained Farfetch with a Sell and lowered the price target from $6 to $4.

 

    • Getty Images Holdings, Inc. GETY fell 6.9% to $3.75.

 

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