Why Cutera Shares Are Trading Lower By Over 26%? Here Are Other Stocks Moving In Friday’s Mid-Day Session

Shares of Cutera, Inc. CUTR fell sharply during Friday’s session after the company reported worse-than-expected fourth quarter adjusted EPS results.

Cutera posted adjusted loss of $1.36 per share, compared to market estimates for a loss of 94 cents per share. The company’s quarterly sales came in at $49.540 million, versus expectations of $47.500 million, according to data from Benzinga Pro.

Cutera shares dipped 26.5% to $1.6899 on Friday.

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

Gainers

• Murano Global Investments PLC MRNO shares jumped 147.5% to $23.94 after falling 46% on Thursday.
• Nova LifeStyle, Inc. NVFY surged 120% to $4.0301 after gaining around 22% on Thursday.
• BIOLASE, Inc. BIOL shares climbed 50.4% to $0.2256 after the company reported better-than-expected fourth-quarter earnings results.
• IMAC Holdings, Inc. BACK gained 41.1% to $1.8204.
• Summit Midstream Partners, LP SMLP surged 36.1% to $26.45 after the company announced the sale of its Utica position for $625 million.
• Outlook Therapeutics, Inc. OTLK gained 32.1% to $9.30 after the company announced it received a positive European Union CHMP opinion for ONS-5010 as a treatment for Wet AMD.
• GT Biopharma, Inc. GTBP gained 27.6% to $4.86.
• Aemetis, Inc. AMTX rose 21% to $6.21. Aemetis recently announced approval by the U.S. Citizenship and Immigration Services for a $200 million of EB-5 program investment for the Riverbank sustainable aviation fuel, production plant, the dairy renewable natural gas project, the carbon sequestration project and energy efficiency upgrades to the Keyes ethanol plant.
• Foresight Autonomous Holdings Ltd. FRSX gained 20.4% to $1.1796. Foresight Autonomous said Eye-Net and Softbank completed technology validation phase for connected mobility applications in Japan.
• Intellicheck, Inc. IDN gained 19.4% to $2.09 after the company reported a year-over-year increase in fourth-quarter EPS results.
• Worthington Steel, Inc. WS climbed 18.8% to $37.92 as the company posted stronger-than-expected results for its third quarter on Thursday.
• Canopy Growth Corporation CGC rose 18.6% to $5.41.
• Annexon, Inc. ANNX climbed 17.3% to $7.14.
• Ocugen, Inc. OCGN gained 12.5% to $1.5090 after gaining 8% on Thursday. Ocugen recently appointed Huma Qamar, MD, MPH as Chief Medical Officer.
• Lithium Americas (Argentina) Corp. LAAC rose 12.2% to $5.77.
• Dianthus Therapeutics, Inc. DNTH surged 11% to $30.84 following upbeat results.
• Griid Infrastructure Inc. GRDI gained 10.9% to $1.22.
• Astera Labs, Inc. ALAB rose 9.6% to $70.30.
• FedEx Corporation FDX rose gained 7.9% to $285.78 after the company reported better-than-expected earnings for its third quarter and authorized a new $5 billion share repurchase program.
• Foot Locker, Inc. FL rose 5% to $24.85. Citigroup analyst Paul Lejuez upgraded Foot Locker from Sell to Neutral and announced a $24 price target.

Losers

• BYND Cannasoft Enterprises Inc. BCAN shares fell 36.4% to $2.32. BYND Cannasoft said that the previously announced 1-for-190 reverse stock split of its outstanding shares of common stock has been made effective today, March 22, 2024.
• Sintx Technologies, Inc. SINT fell 30.4% to $0.0946 after the company announced a proposed public offering of common stock.
• Ispire Technology Inc. ISPR fell 28% to $5.84 after the company announced the pricing of its public offering of 2.05 million shares of common stock at $6.00 per share.
• Brand Engagement Network, Inc. BNAI declined 27.2% to $8.00.
• Nkarta, Inc. NKTX fell 22.2% to $10.10 after the company reported fourth-quarter financial results. Following earnings, Raymond James downgraded the stock from Strong Buy to Outperform.
• Yield10 Bioscience, Inc. YTEN fell 22.7% to $0.3358. Yield10 Bioscience recently announced that the USDA-APHIS Biotechnology Regulatory Services determined that the Camelina sativa varieties may be planted and bred in the United States.
• ReTo Eco-Solutions, Inc. RETO declined 20% to $1.50.
• Aterian, Inc. ATER fell 18.3% to $2.66.
• Lixiang Education Holding Co., Ltd. LXEH dipped 18% to $0.6026.
• Lululemon Athletica Inc. LULU tumbled 16.6% to $399.36. Lululemon posted better-than-expected results for its fourth quarter, but issued a weak forecast for the first quarter.
• TROOPS, Inc. TROO declined 16.3% to $1.3798.
• Li-Cycle Holdings Corp. LICY dipped 14% to $1.1096.
• Cazoo Group Ltd CZOO fell 13.8% to $4.0480.
• Selina Hospitality PLC SLNA fell 12.9% to $0.2439 after jumping around 30% on Thursday.
• Grifols, S.A. GRFS fell 11.3% to $6.01.
• Abits Group Inc. ABTS dipped 9.9% to $0.6991 after declining over 6% on Thursday.
• Bitdeer Technologies Group BTDR fell 9.8% to $7.17.
• Kingsoft Cloud Holdings Limited KC fell 9.2% to $3.2950.
• Next.e.GO N.V. EGOX shares fell 9% to $0.0458 after dipping 16% on Thursday.
• NIKE, Inc. NKE shares tumbled 8.1% to $92.63. Nike reported upbeat earnings and sales results for its third quarter on Thursday.
• JOANN Inc. JOAN shares fell 7.8% to $0.1420 after surging 14% on Thursday.
• AAR Corp. AIR fell 5.9% to $60.14 following downbeat sales.

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