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Why WestRock Company Are Trading Lower By 13%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session

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Why WestRock Company Are Trading Lower By 13%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session

Gainers

  • Versus Systems Inc. (NASDAQ: VS) surged 270% to $2.26 after the company announced it will partner with Resolve to bring generative AI and gamification to customer payments and credit management.
  • EBET, Inc. (NASDAQ: EBET) gained 108% to $1.97
  • Motorsport Games Inc. (NASDAQ: MSGM) shares jumped 92.3% to $41.15. Motorsport Games agreed to raise $3.9 million at par via private placement of shares for developing multiple games, working capital and general corporate purposes.
  • Bright Green Corporation (NASDAQ: BGXX) gained 91.3% to $0.9993. Bright Green announced plans to raise $500 million under EB-5 Capital Program.
  • Recruiter.com Group, Inc. (NASDAQ: RCRT) rose 80.4% to $0.8520. Recruiter.com Group reported the launch of a comprehensive content series that explores the powerful impact of the artificial intelligence technology, ChatGPT, on talent acquisition and recruiting.
  • SharpLink Gaming Ltd. (NASDAQ: SBET) gained 50% to $0.81
  • Iveda Solutions, Inc. (NASDAQ: IVDA) jumped 47.2% to $1.39
  • Mobile Global Esports Inc. (NASDAQ: MGAM) gained 36.1% to $3.51 after jumping 158% on Tuesday. Mobile Global Esports said Nicholas (Nick) Venezia has joined MOGO as Chief Data Officer.
  • Quoin Pharmaceuticals, Ltd. (NASDAQ: QNRX) shares climbed 36% to $2.27 after gaining around 10% on Tuesday.
  • Impac Mortgage Holdings, Inc. (NYSE: IMH) jumped 25% to $0.3350.
  • Chembio Diagnostics, Inc. (NASDAQ: CEMI) rose 23.3% to $0.4401. Biosynex and Chembio Diagnostics reported a definitive acquisition agreement.
  • Rapid7, Inc. (NASDAQ: RPD) gained 23.2% to $49.13. Rapid7 is working with Goldman Sachs Group to explore a potential sale, Reuters reported.
  • ERYTECH Pharma S.A. (NASDAQ: ERYP) jumped 22.2% to $1.10.
  • Engine Gaming and Media, Inc. (NASDAQ: GAME) gained 22.2% to $1.4673.
  • Pintec Technology Holdings Limited (NASDAQ: PT) jumped 22.2% to $0.4690.
  • Peloton Interactive, Inc. (NASDAQ: PTON) gained 21% to $15.58 after the company reported better-than-expected Q2 sales results and issued guidance.
  • MicroVision, Inc. (NASDAQ: MVIS) gained 16.3% to $2.9187.
  • Mercury Systems, Inc. (NASDAQ: MRCY) jumped 16.2% to $58.08 following Q2 results.
  • Edible Garden AG Incorporated (NASDAQ: EDBL) shares gained 14.9% to $12.40.
  • LivePerson, Inc. (NASDAQ: LPSN) gained 14.3% to $14.72. LivePerson highlighted Conversational Cloud with Generative AI.
  • TransCode Therapeutics, Inc. (NASDAQ: RNAZ) rose 14.3% to $0.8578 after the company reported preclinical results with immunotherapy candidate TTX-RIGA in melanoma.
  • Baidu, Inc. (NASDAQ: BIDU) gained 13.3% to $152.55.
  • Lionheart III Corp (NASDAQ: LION) rose 12.2% to $11.68 after dropping over 10% on Tuesday.
  • TMC The Metals Company Inc. (NASDAQ: TMC) rose 12.2% to $0.9804. TMC The Metals Company recently filed prospectus for offering of up to $30 million common shares.
  • Marin Software Incorporated (NASDAQ: MRIN) rose 9.1% to $1.32 after the company disclosed a new integration with Yahoo to enable enhanced campaign buying and optimization for advertisers.

Losers

  • Taysha Gene Therapies, Inc. (NASDAQ: TSHA) fell 34.2% to $1.0799 after the company issued an update on TSHA-120 program in giant axonal neuropathy and a 2023 corporate outlook.
  • Cyren Ltd. (NASDAQ: CYRN) dropped 28% to $0.5366. Cyren announced global reduction in force by 121 employees representing substantially all of the company's workforce.
  • Evelo Biosciences, Inc. (NASDAQ: EVLO) dropped 22.8% to $0.8024. Evelo Biosciences said data from first three cohorts of EDP1815 Phase 2 trial in atopic dermatitis did not meet primary endpoint.
  • SOBR Safe, Inc. (NASDAQ: SOBR) fell 16.1% to $1.51. SOBR Safe shares jumped 62% on Tuesday after the company announced that its first two SOBRcheck installations in the oil and gas industry were successful, driving expansion across all US locations for TerraTech Services.
  • Varex Imaging Corporation (NASDAQ: VREX) dropped 15% to $18.25 after the company issued Q2 EPS guidance below analyst estimates.
  • Blue Star Foods Corp. (NASDAQ: BSFC) fell 14.4% to $0.4450 after gaining more than 24% on Tuesday. Blue Star Foods entered into supply agreement with Just Food For Dogs for up to $4 million annually.
  • Hawaiian Holdings, Inc. (NASDAQ: HA) dropped 14.2% to $10.57 following downbeat Q4 sales.
  • G Medical Innovations Holdings Ltd (NASDAQ: GMVD) fell 13.9% to $4.2950 after declining around 8% on Tuesday. G Medical Innovations recently announced it received notice of patent issuance from the United States Patent and Trademark Office (USPTO) for vital signs sensors.
  • WestRock Company (NYSE: WRK) shares fell 13% to $34.15 after the company reported worse-than-expected Q1 adjusted EPS and sales results. The company also removed FY23 outlook in light of uncertain macroeconomic conditions.
  • Snap Inc. (NYSE: SNAP) shares fell 12.6% to $10.08 after the company posted a net loss for the fourth quarter and said revenue could drop by as much as 10% for the current quarter.
  • Hillstream BioPharma, Inc. (NASDAQ: HILS) shares fell 12.5% to $1.05. Hillstream BioPharma shares jumped over 78% on Tuesday after the company announced signing an exclusive option agreement with Dana-Farber Cancer Institute to license technology targeting the MUC1-C oncoprotein..
  • Electronic Arts Inc. (NASDAQ: EA) shares fell 12% to $113.29 after the company posted Q3 results and issued weak forecast.
  • Janux Therapeutics, Inc. (NASDAQ: JANX) dipped 10.6% to $19.86.
  • Nuvve Holding Corp. (NASDAQ: NVVE) dropped 8.8% to $1.25. Nuvve filed for a common stock offering of up to $25 million.
  • Cue Health Inc. (NASDAQ: HLTH) fell 8.2% to $2.4050
  • Match Group, Inc. (NASDAQ: MTCH) fell 7.7% to $49.98 after the company reported worse-than-expected financial results for its fourth quarter and issued weak guidance.
  • Western Digital Corporation (NASDAQ: WDC) dropped 3.3% to $42.50 after the company reported mixed fiscal second-quarter results and issued weak guidance.

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