TWOU - Why Akoustis Technologies Shares Are Trading Lower By Around 18%? Here Are Other Stocks Moving In Monday's Mid-Day Session | Benzinga
Shares of Akoustis Technologies, Inc. (NASDAQ:AKTS) fell sharply in today's session following weak quarterly results.
Akoustis Technologies posted adjusted loss of 14 cents per share, versus market expectations for a loss of 12 cents per share. Sales came in at $7.510 million missing estimates of $8.553 million, according to data from Benzinga Pro.
Akoustis Technologies shares dipped 17.7% to $0.4671 on Monday.
Here are some other stocks moving in today’s mid-day session.
Gainers
- GameStop Corp. (NYSE:GME) shares jumped 81.6% to $31.70 amid possible retail investor interest following a social media post by Roaring Kitty.
- KOSS Corp (NASDAQ:KOSS) rose 49.4% to $4.73 trading after declining around 10% on Friday. Koss posted a wider quarterly loss last week.
- CareCloud, Inc. (NASDAQ:CCLD) gained 33.2% to $1.68 after the company announced it retained an investment bank to examine and evaluate the terms of its Series A Preferred Stock and to make recommendations to the board that may be beneficial to the company and its shareholders.
- AC Immune SA (NASDAQ:ACIU) gained 31% to $3.02 after the company reported first-quarter financial results. Also, the company announced it signed an exclusive option and license agreement with Takeda for active immunotherapy targeting amyloid beta for Alzheimer’s disease.
- NWTN Inc. (NASDAQ:NWTN) climbed 28.9% to $4.77.
- Cazoo Group Ltd (NYSE:CZOO) rose 28.2% to $7.55.
- Tevogen Bio Holdings Inc. (NASDAQ:TVGN) climbed 27% to $1.25 after the company announced up to $50 million in financing to further advance operational objectives.
- 2U, Inc. (NASDAQ:TWOU) gained 24.2% to $0.3849.
- AMC Entertainment Holdings, Inc. (NYSE:AMC) gained 21% to $3.48.
- The Children’s Place, Inc. (NASDAQ:PLCE) rose 21.1% to $13.30.
- Beyond, Inc. (NYSE: