XRX - Why SoFi Technologies Shares Are Trading Lower By Around 13%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session | Benzinga
Shares of SoFi Technologies, Inc. (NASDAQ: SOFI) fell sharply during Wednesday’s session after Keefe, Bruyette & Woods downgraded rating on the stock.
Keefe, Bruyette & Woods analyst Michael Perito downgraded SoFi from a Market Perform rating to an Underperform rating and lowered the price target from $7.50 to $6.50, citing recent outperformance and a change in the analyst's model.
SoFi Technologies shares dipped 12.8% to $8.41 on Wednesday.
Here are some other stocks moving in today's mid-day session.
Gainers
- NexImmune, Inc. (NASDAQ: NEXI) shares rose 150.8% to $6.14 after gaining over 6% on Tuesday.
- Trinity Place Holdings Inc. (NYSE: TPHS) rose gained 62.6% to $0.1857. The company reported in 8K Filing, mortgage lender agreed to extend the mortgage loan forbearance period to Jan. 31, 2024.
- Sigma Additive Solutions, Inc.(NASDAQ: SASI) gained 60.3% to $4.65. Sigma Additive Solutions, announced in an 8-K Filing, the approval of the issuance of the shares of common stock in exchange for all the capital stock of NextTrip Holdings.
- ABVC BioPharma, Inc. (NASDAQ: ABVC) jumped 58.3% to $1.90. ABVC BioPharma and its subsidiary received $460 million from AiBtl BioPharma as the first milestone payment of global licensing fees.
- Sidus Space, Inc. (NASDAQ: SIDU) rose 48.4% to $10.35. Sidus Space secured NOAA approval to provide imaging services to government and commercial customers.
- Brera Holdings PLC (NASDAQ: BREA) shares gained 32.8% to $0.97.
- First Wave BioPharma, Inc. (NASDAQ: FWBI) shares gained 31.2% to $5.01. Roth MKM raised price target on the stock to $40.
- Elicio Therapeutics, Inc. (NASDAQ: ELTX) gained 29% to $7.65.
- TDCX Inc. (NYSE: TDCX) gained 28% to $6.18 after it disclosed receiving a preliminary non-binding ...