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Why Contango Ore Shares Are Trading Lower By 18%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session

Benzinga·06/11/2024 17:54:50
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Shares of Contango Ore, Inc. (NYSE:CTGO) fell sharply during Tuesday's session after the company announced pricing of $15 million underwritten public offering.

Contango Ore shares dipped 18.4% to $20.34 on Tuesday.

Here are some other stocks moving in today’s mid-day session.

Gainers

  • Trio Petroleum Corp. (NYSE:TPET) shares jumped 88.2% to $0.4254 after the company completed its first two exploratory wells.
  • Airship AI Holdings, Inc.  (NASDAQ:AISP) shares climbed 32.5% to $4.1599. Airship AI announced a six-figure sole-source contract award within the Department of Justice for Acropolis Enterprise Video and Data Management Platform.
  • Blue World Acquisition Corporation (NASDAQ:BWAQ) shares gained 30.3% to $9.20 after declining around 4% on Monday.
  • ShiftPixy, Inc. (NASDAQ:PIXY) climbed 29.8% to $1.8950.
  • Kaixin Holdings (NASDAQ:KXIN) rose 26.5% to $0.1769 after gaining around 4% on Monday.
  • U-BX Technology Ltd. (NASDAQ:UBXG) jumped 24% to $11.88.
  • CuriosityStream Inc. (NASDAQ:CURI) rose 24% to $1.24 as the company announced a share repurchase plan.
  • Nauticus Robotics, Inc. (NASDAQ:KITT) gained 21.4% to $0.2802 after surging 49% on Monday.
  • E-Home Household Service Holdings Limited (NASDAQ:EJH) rose 19.7% to $0.5270.
  • Calavo Growers, Inc. (NASDAQ:CVGW) rose 14.1% to $28.50 after the company reported second-quarter financial results.
  • Moving iMage Technologies, Inc. (NASDAQ:MITQ) shares rose 13.1% to $0.6645.
  • Shoals Technologies Group, Inc. (NASDAQ:SHLS) rose 10% to $7.49 after the company authorized a share repurchase program of up to $150 million and entered into a $25 million accelerated share repurchase agreement with Jefferies.
  • Corbus Pharmaceuticals Holdings, Inc. (NASDAQ:CRBP) jumped 8.8% to $47.74. RBC Capital analyst Brian Abrahams maintained Corbus Pharmaceuticals with an Outperform and raised the price target from $77 to $82.
  • Lixiang Education Holding Co., Ltd. (NASDAQ:LXEH) gained 8.3% to $0.3670.

Losers

  • Big Tree Cloud Holdings Limited (NASDAQ:DSY) dipped 37.1% to $6.78.
  • Target Hospitality Corp. (NASDAQ:TH) shares fell 35.5% to $6.78 after the company announced that it received notice that the U.S. government intends to terminate the existing South Texas Family Residential Center services agreement with its migrant programming partner.
  • Greenwave Technology Solutions, Inc. (NASDAQ:GWAV) dipped 32% to $1.98. Greemwabe Technology Solutions recently announced that its downstream processing system generated record revenues in May, 2024 and reaffirmed its confidence in exceeding its revenue guidance.
  • Barnes & Noble Education, Inc. (NYSE:BNED) declined 29.7% to $0.0941. Barnes & Noble Education announced leadership changes and reverse stock split.
  • Sify Technologies Limited (NASDAQ:SIFY) fell 25% to $0.44. Sify Technologies recently announced the voluntary delisting date of its ADS rights from Nasdaq.
  • CalAmp Corp. (NASDAQ:CAMP) dipped 23% to $0.5009.
  • CoreCivic, Inc. (NYSE:CXW) shares fell 19.7% to $11.88 after the company announced that it received a notice from the U.S. Immigration and Customs Enforcement that the agency intends to terminate its inter-governmental service agreement for services at the South Texas Family Residential Center.
  • Vicarious Surgical Inc. (NYSE:RBOT) declined 19.5% to $0.2878 after the company announced a reverse stock split.
  • Velo3D, Inc. (NYSE:VLD) fell 19% to $0.1151 after the company announced a 1-for-35 reverse stock split.
  • ProKidney Corp. (NASDAQ:PROK) shares fell 16.1% to $2.5350 after the company announced a proposed $125 million public offering of class A ordinary shares and concurrent registered direct offering.
  • ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) shares fell 14.9% to $17.48 after gaining 5% on Monday.
  • MIND Technology, Inc. (NASDAQ:MIND) dipped 13.6% to $4.8699 following weak quarterly sales.
  • Rapport Therapeutics, Inc. (NASDAQ:RAPP) fell 13.4% to $22.67.
  • Montana Technologies Corporation (NASDAQ:AIRJ) fell 12.8% to $8.80.
  • Hut 8 Corp. (NASDAQ:HUT) fell 8.6% to $9.00
  • Hoth Therapeutics, Inc. (NASDAQ:HOTH) shares fell 7.8% to $0.9225. Hoth Therapeutics shares fell around 12% on Monday after the company announced a joint development agreement with Wise Systems International to utilize the BioNeMo AI platform of Nvidia.
  • Array Technologies, Inc. (NASDAQ:ARRY) fell 6.9% to $13.02. Array Technologies announced the departure of Chief Financial Officer.
  • CleanSpark, Inc. (NASDAQ:CLSK) fell 6.6% to $14.66 amid a pullback in Bitcoin.
  • Yext, Inc. (NYSE:YEXT) shares declined 6.3% to $4.7208 after the company reported worse-than-expected first-quarter financial results, issued weak second-quarter guidance and announced it will acquire Hearsay Systems.

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