Why Cracker Barrel Shares Are Trading Lower By Around 14%? Here Are Other Stocks Moving In Friday's Mid-Day Session

Author: Avi Kapoor | May 17, 2024 02:18pm

Shares of Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) fell sharply during Friday's session after the company reduced its dividend and said it expects third-quarter and fourth-quarter results below its prior expectations.

Cracker Barrel Old Country Store shares dipped 14.4% to $49.01 on Friday.

Here are some other stocks moving in today’s mid-day session.

Gainers

• Fangdd Network Group Ltd. (NASDAQ:DUO) shares jumped 258.6% to $1.4709. FangDD filed 2023 annual report on Form 20-F.
• Akanda Corp. (NASDAQ:AKAN) jumped 129.4% to $0.3053 after jumping around 27% on Thursday.
• Crown ElectroKinetics Corp (NASDAQ:CRKN) shares jumped 89.6% to $0.4580. The stock has seen interest from retail investors on social media.
• Faraday Future Intelligent Electric Inc. (NASDAQ:FFIE) jumped 69.6% to $2.7997 after adding around 134% on Thursday.
• Nuburu, Inc. (NYSE:BURU) rose 63% to $0.2299.
• FLJ Group Limited (NASDAQ:FLJ) gained 62% to $0.7780.
• Greenwave Technology Solutions, Inc. (NASDAQ:GWAV) shares climbed 58% to $0.2342 after jumping 148% on Thursday.
• Recruiter.com Group, Inc. (NASDAQ:RCRT) gained 43% to $2.33.
• NovaBay Pharmaceuticals, Inc. (NYSE:NBY) climbed 43% to $0.1735.
• Bruush Oral Care Inc. (NASDAQ:BRSH) rose 35.4% to $0.1885 after gaining around 93% on Thursday.
• Selina Hospitality PLC (NASDAQ:SLNA) gained 34.4% to $0.1811.
• Brenmiller Energy Ltd (NASDAQ:BNRG) rose 34.4% to $2.8700 after the company reported its project pipeline has expanded to 49 potential contracts valued at over $500 million in 12 industries across 13 countries.
• Onconetix, Inc. (NASDAQ:ONCO) rose 33.3% to $0.1879
• Pineapple Energy Inc. (NASDAQ:PEGY) gained 32.7% to $0.1968.
• Kaixin Holdings (NASDAQ:KXIN) shares rose 32.5% to $0.2915 after surging over 70% on Thursday.
• Xinyuan Real Estate Co., Ltd. (NYSE:XIN) gained 30% to $3.70.
• Scorpius Holdings, Inc. (NASDAQ:SCPX) rose 27.7% to $0.1279. Scorpius announced closing of public offering.
• JIADE Limited (NASDAQ:JDZG) climbed 21.5% to $10.11 amid post-IPO volatility.
• Despegar.com, Corp. (NYSE:DESP) gained 19.7% to $15.01 after the company reported better-than-expected quarterly sales results.
• Doximity, Inc. (NYSE:DOCS) rose 19.7% to $28.41 as the company reported stronger-than-expected financial results for the fourth quarter on Thursday.
• Reddit, Inc. (NYSE:RDDT) gained 14.5% to $64.52 after the company announced a partnership with OpenAI.
• Ouster, Inc. (NYSE:OUST) rose 14.4% to $13.36.
• Autolus Therapeutics plc (NASDAQ:AUTL) gained 11.3% to $4.53 following first-quarter results.
• AST SpaceMobile, Inc. (NASDAQ:ASTS) rose 9.4% to $4.41.
• Robinhood Markets, Inc. (NASDAQ:HOOD) rose 6.2% to $19.01 after B of A Securities upgraded the stock from Underperform to Buy and raised its price target from $14 to $24.

Losers

• Heart Test Laboratories, Inc. (NASDAQ:HSCS) shares dipped 33.9% to $7.47.
• AmpliTech Group, Inc. (NASDAQ:AMPG) fell 32.7% to $1.4595.
• E-Home Household Service Holdings Limited (NASDAQ:EJH) shares fell 27.2% to $0.7485 after gaining around 10% on Thursday.
• Blue Star Foods Corp. (NASDAQ:BSFC) dipped 22.6% to $0.1058.
• GameStop Corp (NYSE:GME) fell 22.6% to $21.43. The video game retailer released preliminary first-quarter results, anticipating revenue between $0.872 billion and $0.892 billion. This represents a significant decline from the prior year's quarter of $1.237 billion. Additionally, GameStop expects a loss of $27 million to $37 million, narrower than the $50.5 million loss reported a year ago.
• Prestige Wealth Inc. (NASDAQ:PWM) fell 21.7% to $1.0099.
• AEye, Inc. (NASDAQ:LIDR) fell 18.8% to $2.60.
• DXC Technology Company (NYSE:DXC) shares declined 18.7% to $16.17 after the company issued weak guidance.
• Bit Origin Ltd (NASDAQ:BTOG) fell 18% to $3.19
• Edible Garden AG Incorporated (NASDAQ:EDBL) shares declined 12.3% to $4.1499. Edible Garden recently posted weak quarterly results.
• Newegg Commerce, Inc. (NASDAQ:NEGG) fell 9.9% to $1.0090.
• SunPower Corporation (NASDAQ:SPWR) declined 8% to $3.0295.
• Latam Logistic Properties, S.A. (NYSE:LPA) fell 7.7% to $9.41. Logistic Properties of the Americas announced $120 million refinancing of two logistics parks in Costa Rica and Peru
• Lucy Scientific Discovery Inc. (NASDAQ:LSDI) shares fell 7.4% to $1.47 after jumping 208% on Thursday.
• Novavax, Inc. (NASDAQ:NVAX) fell 7.2% to $13.36.
• Globant S.A. (NYSE:GLOB) fell 5.8% to $167.28 after reporting results for its first quarter on Thursday.

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Posted In: AKAN AMPG ASTS AUTL BNRG BRSH BSFC BTOG BURU CBRL CRKN DESP DOCS DUO DXC EDBL EJH FFIE FLJ GLOB