Why Alaska Air Group Shares Are Trading Lower By 9%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session
Portfolio Pulse from Lisa Levin
The article lists the stocks that gained and lost the most in Tuesday's mid-day session. Among the gainers, Aurora Acquisition Corp. (AURC) jumped 192% to $30.54, Inpixon (INPX) gained 117% to $0.33 after agreeing to merge with XTI Aircraft Company, and Electra Battery Materials Corporation (ELBM) shot up 71.5% to $2.11 after extending and expanding its battery grade cobalt supply agreement with LG Energy Solution. Among the losers, Humanigen, Inc. (HGEN) fell 75.1% to $0.0476 as it anticipates not being able to continue as a going concern and is exploring all restructuring options, including bankruptcy, and Alaska Air Group, Inc. (ALK) fell 9.3% to $48.38 after reporting Q2 financial results and issuing Q3 and FY23 guidance.
July 25, 2023 | 5:11 pm
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NEGATIVE IMPACT
Alaska Air Group, Inc. fell 9.3% to $48.38 after reporting Q2 financial results and issuing Q3 and FY23 guidance.
Alaska Air Group, Inc.'s Q2 financial results and Q3 and FY23 guidance have led to a decrease in the company's stock price, indicating a negative impact.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEGATIVE IMPACT
Humanigen, Inc. shares fell 75.1% to $0.0476 as it anticipates not being able to continue as a going concern and is exploring all restructuring options, including bankruptcy.
Humanigen, Inc.'s announcement that it is exploring all restructuring options, including bankruptcy, has led to a significant decrease in the company's stock price, indicating a negative impact.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
POSITIVE IMPACT
Aurora Acquisition Corp. shares jumped 192% to $30.54.
The stock price of Aurora Acquisition Corp. has significantly increased, indicating a positive impact on the company's stock.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
POSITIVE IMPACT
Electra Battery Materials Corporation shares shot up 71.5% to $2.11 after extending and expanding its battery grade cobalt supply agreement with LG Energy Solution.
The extension and expansion of Electra Battery Materials Corporation's supply agreement with LG Energy Solution has led to a significant increase in the company's stock price, indicating a positive impact.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
POSITIVE IMPACT
Inpixon gained 117% to $0.33 after the company agreed to merge with XTI Aircraft Company.
The announcement of Inpixon's merger with XTI Aircraft Company has led to a significant increase in the company's stock price, indicating a positive impact.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100