Why Macy's Are Trading Lower By Around 11%? 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 were Fulcrum Therapeutics, VinFast Auto, and Axcella Health, while the losers included Republic First Bancorp, Tingo Group, and SOS Limited. Macy's shares fell by 11.1% after the company reported its Q2 financial results.
August 22, 2023 | 5:50 pm
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NEGATIVE IMPACT
Republic First Bancorp shares fell 44% after the Nasdaq notified the company that it will not be listed on the exchange because it has not filed its Form 10-K Annual Report with the SEC for FY22.
The Nasdaq notified Republic First Bancorp that it will not be listed on the exchange because it has not filed its Form 10-K Annual Report with the SEC for FY22, which seems to have negatively impacted the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Macy's shares fell by 11.1% after the company reported its Q2 financial results.
Macy's reported its Q2 financial results, which seems to have negatively impacted the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Fulcrum Therapeutics shares jumped 42.8% after the FDA lifted clinical hold on the company’s FTX-6058 for sickle cell disease.
The FDA lifted the clinical hold on Fulcrum Therapeutics' FTX-6058 for sickle cell disease, which seems to have positively impacted the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100