Why Lands' End Are Trading Lower By 22%? Here Are Other Stocks Moving In Thursday's Mid-Day Session
Portfolio Pulse from Lisa Levin
The article lists the stocks that have gained and lost the most in Thursday's mid-day session. Acer Therapeutics Inc. (ACER) shares jumped 145% after Zevra Therapeutics announced it will acquire the company. 1847 Holdings LLC (EFSH) surged 66.6% after reporting successful restructuring of promissory notes. iCoreConnect Inc. (ICCT) climbed 51.7% after announcing the closing of its business combination with FG Merger Corp. On the other hand, Axcella Health Inc. (AXLA) shares dipped 29.1%, AgileThought, Inc. (AGIL) shares fell 27.7%, and Lands' End, Inc. (LE) declined 22.4% after reporting worse-than-expected second-quarter results and issuing weak guidance.
August 31, 2023 | 4:50 pm
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NEGATIVE IMPACT
AgileThought, Inc. shares fell 27.7%.
The news does not provide a specific reason for the fall in AgileThought's stock price. However, the significant decrease suggests a negative short-term impact.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEGATIVE IMPACT
Axcella Health Inc. shares dipped 29.1%.
The news does not provide a specific reason for the dip in Axcella Health's stock price. However, the significant decrease suggests a negative short-term impact.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEGATIVE IMPACT
Lands' End, Inc. declined 22.4% after reporting worse-than-expected second-quarter results and issuing weak guidance.
The worse-than-expected second-quarter results and weak guidance issued by Lands' End have led to a significant decrease in its stock price. This is a direct result of the news and is likely to have a negative short-term impact.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
POSITIVE IMPACT
Acer Therapeutics Inc. shares jumped 145% after Zevra Therapeutics announced it will acquire the company.
The acquisition announcement by Zevra Therapeutics has led to a significant increase in Acer's stock price. This is a direct result of the news and is likely to have a positive short-term impact.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
POSITIVE IMPACT
1847 Holdings LLC surged 66.6% after reporting successful restructuring of promissory notes.
The successful restructuring of promissory notes has led to a significant increase in 1847 Holdings' stock price. This is a direct result of the news and is likely to have a positive short-term impact.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
POSITIVE IMPACT
iCoreConnect Inc. climbed 51.7% after announcing the closing of its business combination with FG Merger Corp.
The announcement of the closing of its business combination with FG Merger Corp has led to a significant increase in iCoreConnect's stock price. This is a direct result of the news and is likely to have a positive short-term impact.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100