STOCK TITAN

August 2023 Stock Losers on News

Ranked by the close-to-close change of the trading session each announcement landed in. How this is measured.

Data through the session. 22 of 23 completed market sessions produced ranked moves. That date is the last ranked session, not the last priced one, so follow-through dates run later.

On 100 of these rows the measured session was reconstructed from the announcement time, because it predates our stored session records.

See the biggest gainers of August 2023 Every stock ranked by its August 2023 gain, with or without news

100

Ranked drops

-88.31%

Largest, PTRA

96.9%

Events still below the pre-news close, day +5

4.9%

Median growth of the drop, day +5

Filter and sort
Rows

100 ranked drops in August 2023

Skip the ranked rows and go to the month summary

Every percentage on a row, the follow-through readings included, is measured against that row's own pre-news close, which the row names. A day +5 reading is therefore the move from before the announcement, not a further change on top of the headline percentage.

Rows are ordered by the move measured when the board was ranked. A percentage recomputed from the session's own closing prices can sit a little above or below its neighbours; the rank is the one the measured move gave the row.

Rank Symbol close to close Session Catalyst Announcement
1 PTRA -88.31% against the close of 08/07/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Other Announcement Proterra Announces Strategic Initiatives to Strengthen Financial Position and Sharpen Technology Focus

17:35 ET after hours

2 GRTX -83.93% against the close of 08/09/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
FDA & Regulatory Galera Receives Complete Response Letter from U.S. FDA for Avasopasem Manganese

16:31 ET after hours

3 OTLK -80.96% against the close of 08/29/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
FDA & Regulatory Outlook Therapeutics® Provides Regulatory Update on FDA Review of ONS-5010 / LYTENAVA™ (bevacizumab-vikg) for the Treatment of Wet AMD

06:00 ET premarket

4 AMRS -80.75% against the close of 08/09/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Other Announcement AMYRIS ANNOUNCES OPERATIONAL AND FINANCIAL RESTRUCTURING TO ADVANCE STRATEGIC TRANSFORMATION

21:38 ET after hours

5 ARAV -77.27% against the close of 08/02/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Clinical Trial Results Aravive Announces Top-Line Results from Phase 3 AXLerate-OC Study of Batiraxcept in Platinum-Resistant Ovarian Cancer

16:01 ET after hours

6 CANO -73.00% against the close of 08/10/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Earnings Cano Health Announces Financial Results for the Second Quarter 2023

16:15 ET after hours

7 YVR -72.09% against the close of 08/22/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Listing / Compliance Liquid Media Group Receives Nasdaq Delisting Notice

09:00 ET premarket

8 GLTO -71.22% against the close of 08/14/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Clinical Trial Results Galecto Announces Topline Results from Phase 2b GALACTIC-1 Trial of GB0139 for the Treatment of Idiopathic Pulmonary Fibrosis

07:30 ET premarket

9 DSGN -70.46% against the close of 08/14/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Clinical Trial Results Design Therapeutics Reports Initial Results from Phase 1 Multiple-Ascending Dose Study of DT-216 for the Treatment of Friedrich Ataxia

16:01 ET after hours

10 POL -68.34% against the close of 07/31/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Earnings Polished.com Announces Filing of Restated and Delayed Financial Statements and Release of Results for Q1 2023

16:45 ET after hours

11 ADMP -66.67% against the close of 08/01/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Offering / Dilution Adamis Pharmaceuticals Announces Pricing of $8.0 Million Public Offering

08:30 ET premarket

12 PALI -62.70% against the close of 08/08/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Clinical Trial Results Palisade Bio Announces Topline Results from U.S. Phase 2 PROFILE Study Evaluating LB1148 for Post-Surgical Abdominal Adhesions

08:05 ET premarket

13 FRBK -55.86% against the close of 08/21/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Other Announcement Republic Bank Provides Update on Listing Status

08:00 ET premarket

14 SAGE -53.60% against the close of 08/04/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Earnings Sage Therapeutics Announces Second Quarter 2023 Financial Results and Highlights Pipeline and Business Progress

06:30 ET premarket

15 RVLP -50.71% against the close of 08/15/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Offering / Dilution RVL Pharmaceuticals plc Announces $5 Million Registered Direct Offering Priced At-the-Market under Nasdaq Rules

08:00 ET premarket

16 SLGG release reads positive -49.56% against the close of 08/18/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Offering / Dilution Release reads positive, stock fell 49.56% Super League Announces Proposed Underwritten Public Offering

21:04 ET after hours

17 TGTX -49.30% against the close of 07/31/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Contract / Partnership TG Therapeutics and Neuraxpharm Announce Ex-US Commercialization Agreement for BRIUMVI® (ublituximab-xiiy)

07:00 ET premarket

18 PNAC -46.95% against the close of 08/24/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Reverse Merger / Shell noco-noco Pte. Ltd. and Prime Number Acquisition I Corp. Announce Plan for Closing of Business Combination on August 25, 2023

23:00 ET after hours

19 BPTH Also on the opposite board this month on both boards -46.02% against the close of 08/02/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Offering / Dilution Bio-Path Holdings, Inc. Announces Pricing of $2.1 Million Public Offering

08:22 ET premarket

20 LTCH -45.79% against the close of 08/01/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Other Announcement Latch Notifies Nasdaq That It Does Not Anticipate Meeting Delinquent Filing Deadline

16:30 ET after hours

21 ASRT -45.61% against the close of 08/03/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
M&A / Acquisition Assertio Reports Second Quarter 2023 Financial Results, Closes Spectrum Acquisition

16:04 ET after hours

22 FTCH -45.17% against the close of 08/17/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Earnings Farfetch Announces Second Quarter 2023 Results

16:05 ET after hours

23 NSSC -45.04% against the close of 08/18/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Buyback / Dividend NAPCO Reports Preliminary Fourth Quarter Fiscal 2023 Net Sales and Net Income, Restatement of Prior Three Quarters and Declaration of Increased Dividend

16:02 ET after hours

24 YELL More than one ranked move this month 2+ ranked moves -44.81% against the close of 08/08/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Earnings Yellow Corporation Reports Second Quarter 2023 Results

09:04 ET premarket

25 TYGO -43.62% against the close of 08/08/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Earnings Tigo Energy Reports Record Revenues and Gross Profit For Second Quarter 2023

16:05 ET after hours

26 RBOT -41.50% against the close of 08/02/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Offering / Dilution Vicarious Surgical Announces Launch of Proposed Public Offering

16:45 ET after hours

27 DRVN -41.15% against the close of 08/01/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Earnings Driven Brands Holdings Inc. Reports Second Quarter Results

06:45 ET premarket

28 NVEI -39.43% against the close of 08/08/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Buyback / Dividend Nuvei Announces Second Quarter 2023 Results, Introduces Quarterly Cash Dividend

07:00 ET premarket

29 WE -38.56% against the close of 08/08/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Earnings WeWork Reports Second Quarter 2023 Results

17:15 ET after hours

30 NVCR -37.50% against the close of 08/25/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Clinical Trial Results Novocure Provides Update on Phase 3 ENGOT-ov50 / GOG-3029 / INNOVATE-3 Trial Evaluating Tumor Treating Fields Therapy in Platinum-resistant Ovarian Cancer

07:00 ET premarket

31 EMKR -37.31% against the close of 08/16/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Offering / Dilution EMCORE Announces Proposed Public Offering

16:01 ET after hours

32 VERI -37.00% against the close of 08/08/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Earnings Veritone Reports Second Quarter 2023 Results

16:12 ET after hours

33 BCEL -36.57% against the close of 08/10/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Earnings Atreca Reports Second Quarter 2023 Financial Results and Announces Corporate Restructuring

16:05 ET after hours

34 CREX -36.45% against the close of 08/16/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Offering / Dilution Creative Realities Announces Proposed Public Offering of Common Stock

16:05 ET after hours

35 MPTI -36.07% against the close of 08/10/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Earnings M-tron Industries, Inc. Reports Second Quarter 2023 Results and Announces Participation in the Sidoti August 2023 Virtual Investor Conference

16:05 ET after hours

36 XFOR -35.98% against the close of 08/09/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Earnings X4 Pharmaceuticals Reports Second-Quarter 2023 Financial Results, Provides Corporate Updates, and Reports Emerging Data from Chronic Neutropenia Clinical Program

06:05 ET premarket

37 AURC release reads positive -35.96% against the close of 08/11/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Reverse Merger / Shell Release reads positive, stock fell 35.96% Aurora Acquisition Corp. Shareholders Approve Proposed Business Combination with Better HoldCo, Inc.

16:05 ET after hours

38 DOMO -35.80% against the close of 08/24/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Earnings Domo Announces Second Quarter Fiscal 2024 Financial Results

16:05 ET after hours

39 IMPP -35.70% against the close of 08/10/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Offering / Dilution Imperial Petroleum Inc. Announces Pricing of Approximately $17.0 Million Registered Direct Offering

08:30 ET premarket

40 MGNI -35.09% against the close of 08/09/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Earnings Magnite Reports Second Quarter 2023 Results

16:05 ET after hours

41 UP -35.00% against the close of 08/08/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Other Announcement Wheels Up Pursuing Strategic Options

07:39 ET premarket

42 AEY -34.69% against the close of 08/14/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Earnings ADDvantage Technologies Reports Financial Results for the Quarter Ended June 30, 2023

16:06 ET after hours

43 ACGN -34.32% against the close of 08/04/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Other Announcement Aceragen, Inc. to Delist from The Nasdaq Stock Market

16:30 ET after hours

44 UPST -34.24% against the close of 08/08/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Earnings Upstart Announces Second Quarter 2023 Results

16:05 ET after hours

45 SCTL -33.89% against the close of 08/23/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Offering / Dilution Societal CDMO Announces Proposed Public Offering of Common Stock

16:04 ET after hours

46 PUBM -33.73% against the close of 08/08/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Earnings PubMatic Announces Second Quarter 2023 Financial Results

16:05 ET after hours

47 SEER release reads positive -33.69% against the close of 08/08/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Earnings Release reads positive, stock fell 33.69% Seer Reports Second Quarter 2023 Financial Results

16:05 ET after hours

48 ANGI -33.07% against the close of 08/08/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Earnings Angi Inc. Earnings Release Available on Company’s Website

16:10 ET after hours

49 SRZN -32.19% against the close of 08/09/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Earnings Surrozen Provides Second Quarter 2023 Financial Results

16:05 ET after hours

50 QSI -32.15% against the close of 08/04/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Earnings Quantum-Si Reports Second Quarter 2023 Financial Results

08:00 ET premarket

51 AKA -31.64% against the close of 08/09/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Earnings a.k.a. Brands Holding Corp. Reports Second Quarter 2023 Financial Results

16:05 ET after hours

52 KVHI -31.54% against the close of 08/08/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Earnings KVH Industries Reports Second Quarter 2023 Results

07:00 ET premarket

53 MNK -31.41% against the close of 08/08/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Earnings Mallinckrodt plc Reports Second Quarter 2023 Financial Results and Reaffirms Full Year Guidance

06:45 ET premarket

54 CGRN -31.02% against the close of 08/18/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Listing / Compliance Capstone Green Energy Receives Notification of Deficiency from Nasdaq Related to Delayed Quarterly Report on Form 10-Q

16:30 ET after hours

55 GNS Also on the opposite board this month on both boards -30.77% against the close of 08/16/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Other Announcement Genius Group Hosted Virtual Investor Update with CEO Roger Hamilton

09:15 ET premarket

56 QMCO -30.77% against the close of 08/07/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Earnings Quantum Reports First Quarter Fiscal 2024 Results

07:30 ET premarket

57 YELL More than one ranked move this month 2+ ranked moves -30.53% against the close of 08/04/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Other Announcement Yellow Corporation Files Voluntary Chapter 11 Petitions

23:16 ET after hours

58 TRMR -30.51% against the close of 08/16/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Earnings Tremor International Reports Results for the Three and Six Months Ended June 30, 2023

06:30 ET premarket

59 VRM -30.46% against the close of 08/08/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Earnings Vroom Announces Second Quarter 2023 Results

16:05 ET after hours

60 KORE -30.00% against the close of 08/09/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Earnings KORE Reports Second Quarter 2023 Results; Maintains 2023 Revenue and Adjusted EBITDA Guidance

16:05 ET after hours

61 COHR -29.87% against the close of 08/15/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Earnings Coherent Corp. Releases Fourth Quarter and Full Fiscal Year 2023 Financial Results

17:30 ET after hours

62 DXC -29.44% against the close of 08/02/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Earnings DXC Technology Reports First Quarter Fiscal Year 2024 Results

16:15 ET after hours

63 BETR release reads positive -28.95% against the close of 08/22/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Reverse Merger / Shell Release reads positive, stock fell 28.95% Better Home & Finance Announces Closing of Business Combination

07:00 ET premarket

64 ONEW -28.75% against the close of 08/02/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Earnings OneWater Marine Inc. Announces Fiscal Third Quarter 2023 Results

07:00 ET premarket

65 BLFS -28.71% against the close of 08/08/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Earnings BioLife Solutions Reports Second Quarter 2023 Financial Results, Updates Full Year 2023 Guidance and Provides Pro Forma First Half 2023 Financial Profile Excluding Freezer Business

16:03 ET after hours

66 SE -28.68% against the close of 08/14/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Earnings Sea Limited Reports Second Quarter 2023 Results

06:30 ET premarket

67 ELA release reads positive -28.61% against the close of 08/02/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Earnings Release reads positive, stock fell 28.61% Envela Reports Second Quarter 2023 Financial Results

23:45 ET after hours

68 EXFY -28.55% against the close of 08/08/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Earnings Expensify Announces Q2 2023 Results

16:00 ET after hours

69 LSXMA -28.33% against the close of 08/03/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Earnings Atlanta Braves Holdings Reports Second Quarter 2023 Financial Results

08:15 ET premarket

70 FL -28.28% against the close of 08/22/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Earnings FOOT LOCKER, INC. REPORTS 2023 SECOND QUARTER RESULTS

06:45 ET premarket

71 AGIL -28.15% against the close of 08/25/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Other Announcement AgileThought Announces Strategic Financial Restructuring to Strengthen Financial Future

14:13 ET intraday

72 INVZ -28.03% against the close of 08/09/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Offering / Dilution Innoviz Announces Public Offering of Ordinary Shares

16:05 ET after hours

73 AGTI -27.95% against the close of 08/08/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Earnings Agiliti Announces Financial Results for Second Quarter 2023 and Revises 2023 Outlook

16:05 ET after hours

74 OPRX -27.76% against the close of 08/14/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Earnings OptimizeRx Reports Second Quarter 2023 Financial Results

16:01 ET after hours

75 SPR -27.29% against the close of 08/01/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Earnings Spirit AeroSystems Reports Second Quarter 2023 Results

07:30 ET premarket

76 SSKN -27.27% against the close of 08/09/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Earnings STRATA Skin Sciences Reports Second Quarter 2023 Revenue

16:01 ET after hours

77 ZI -26.98% against the close of 07/31/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Earnings ZoomInfo Announces Second Quarter 2023 Financial Results

16:05 ET after hours

78 SLND -26.74% against the close of 08/10/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Guidance Change Southland Announces Preliminary Financial Results for the Second Quarter 2023

17:27 ET after hours

79 KIQ -26.42% against the close of 08/09/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Earnings Kelso Technologies Inc. Financial Results for the Six Months Ended June 30, 2023

09:00 ET premarket

80 OSS -26.40% against the close of 08/10/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Earnings One Stop Systems Reports Q2 2023 Results

16:05 ET after hours

81 NKLA release reads positive -26.36% against the close of 08/03/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Leadership Change Release reads positive, stock fell 26.36% Nikola Announces Leadership Transition; Appoints Stephen Girsky as Chief Executive Officer

07:55 ET premarket

82 KZR -26.34% against the close of 08/10/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Earnings Kezar Life Sciences Reports Second Quarter 2023 Financial Results and Provides Business Update

16:01 ET after hours

83 OPEN -26.33% against the close of 08/03/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Earnings Opendoor Announces Second Quarter of 2023 Financial Results

16:05 ET after hours

84 COMM -26.24% against the close of 08/02/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Earnings CommScope Reports Second Quarter 2023 Results

06:30 ET premarket

85 ELBM -26.14% against the close of 08/02/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Offering / Dilution Electra Announces Upsized Brokered Private Placement and Coincident Non-Brokered Placement for Gross Proceeds of up to $21.5 Million

13:05 ET intraday

86 KULR Also on the opposite board this month on both boards -25.93% against the close of 08/16/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Offering / Dilution KULR Announces Proposed Public Offering of Common Stock

16:15 ET after hours

87 TIO Also on the opposite board this month on both boards -25.92% against the close of 08/21/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Other Announcement Tingo Group to Postpone Second Quarter 2023 Earnings Release, Conference Call and Filing of Form 10-Q

16:55 ET after hours

88 TWKS -25.78% against the close of 08/07/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Earnings Thoughtworks Reports Second Quarter 2023 Financial Results and Announces Restructuring Actions

07:03 ET premarket

89 VEDU -25.72% against the close of 08/15/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Earnings Visionary Education Technology Holdings Group Inc. Reports Fiscal Year 2023 Financial Results

18:00 ET after hours

90 WWW -25.68% against the close of 08/09/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Earnings Wolverine Worldwide Reports Second Quarter Results, Updates Full-Year 2023 Outlook and Announces CEO Transition

06:30 ET premarket

91 WISH -25.54% against the close of 08/03/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Earnings Wish Reports Second Quarter 2023 Financial Results

16:10 ET after hours

92 MNTS -25.26% against the close of 08/23/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Other Announcement Momentus to Provide Hosted Payload Services for FOSSA Systems

07:53 ET premarket

93 ASLE -25.14% against the close of 08/08/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Earnings AerSale Reports Second Quarter 2023 Results

16:05 ET after hours

94 FTNT -25.07% against the close of 08/03/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Earnings Fortinet Reports Second Quarter 2023 Financial Results

16:05 ET after hours

95 LE -24.95% against the close of 08/30/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Earnings Lands’ End Announces Second Quarter Fiscal 2023 Results

06:45 ET premarket

96 DOCN -24.79% against the close of 08/03/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Earnings DigitalOcean Announces Second Quarter 2023 Financial Results

16:04 ET after hours

97 CELL Also on the opposite board this month on both boards -24.77% against the close of 08/14/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Earnings PhenomeX Reports Second Quarter 2023 Financial Results and Provides Business Update

16:05 ET after hours

98 TGI -24.60% against the close of 08/01/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Guidance Change TRIUMPH REPORTS PRELIMINARY FIRST QUARTER FISCAL 2024 RESULTS

06:00 ET premarket

99 HQI -24.60% against the close of 08/10/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Earnings HireQuest Reports Financial Results for Second Quarter 2023

16:05 ET after hours

100 GNRC -24.40% against the close of 08/01/2023 session reconstructed
Session detail
Market cap is not shown on months older than a year, because only today's figure exists.
Earnings Generac Reports Second Quarter 2023 Results

06:00 ET premarket

NYSE and Nasdaq companies with a market capitalization of $25M or more, measured today. The exchange is the one recorded on each announcement, and a release naming several tickers records one venue for all of them. A session that changed hands for less than $25,000 in total is not ranked, because a percentage set by a handful of shares is a print rather than a move. On a board older than a year a fund is identified by its name alone, because an instrument class describes whoever holds the ticker today. 945 smaller events this month are held out of this month's eligible pool; switch to include them. 272 events never entered this month's eligible pool, because the ticker is a warrant, a unit, a right or a preferred rather than common stock, or carries a stored capitalization above $10 trillion, which is larger than any company has reached. Include the $5M to $25M band

6 events were left out of this board because the measured session set no price of its own, trading either nothing at all or barely moving on an ordinary day's volume, so the figure it would be ranked on is a price carried onto the tape rather than a close.

Company names are not shown on months older than a year, because only the current holder of each ticker is known.

In August 2023, the median decliner’s drop was 4.9% larger five sessions later; the largest catalyst group was Earnings, 58 of the 100 events, at a median of -29.7%.

Close-to-close change on the measured trading session, against the previous close.

NYSE and Nasdaq companies with a market capitalization of $25M or more, measured today. The exchange is the one recorded on each announcement, and a release naming several tickers records one venue for all of them. A session that changed hands for less than $25,000 in total is not ranked, because a percentage set by a handful of shares is a print rather than a move. On a board older than a year a fund is identified by its name alone, because an instrument class describes whoever holds the ticker today.

Which catalysts drove the board

Swipe the table sideways for the day +5 columns.

Catalyst Events Share of board Median move close to close Median at day +5 Still below the pre-news close at day +5
Earnings 58 58.0% -29.7% -33.5% of 57 96.5% of 57
Offering / Dilution 12 12.0% -36.9% -43.9% 100.0% of 12
Other Announcement 11 11.0% -34.3% -43.2% 100.0% of 11
Clinical Trial Results 5 5.0% Fewer than 10 events in this group, so no figures are shown.
Reverse Merger / Shell 3 3.0% Fewer than 10 events in this group, so no figures are shown.

The day +5 figures are measured over the events in each group that have a five-session close, the count printed beside them, not over every event in the group.

7 other catalyst types, 11 events: FDA & Regulatory, Guidance Change, Listing / Compliance, Buyback / Dividend, M&A / Acquisition, Contract / Partnership, Leadership Change.

How much of the drop held

Horizon Still below the pre-news close (close-to-close basis) Median change since the measured close as a share of the drop
Day +1 99.0% of 99 0.4% larger drop, of 99
Day +5 96.9% of 97 4.9% larger drop, of 97
Month end 94.6% of 93 1.4% larger drop, of 93
Month end falls before day +5 for 4 of these 93 events, so this row is not a later horizon than the one above it. 93 of the 100 events have a month-end close later than the measured session; 1 has it on the measured session itself, and 6 have no month-end close.

Both figures in a row are measured over the events that have a close at that horizon, the count printed beside each of them, not over all 100 events on this board, which is why the denominators differ between rows.

Repeat runners

Some companies move on news more than once. The left list holds the ones that moved twice or more this month; the right list holds the ones that also moved in the months before it. The ranking above shows one row per move, so a name that keeps coming back is only visible here.

Moved twice or more inside August 2023

Two or more ranked moves this month, each on a different trading day.

SymbolMeasured sessionsLargest drop
YELL 2Earnings, Other Announcement -44.81%

Also fallen on news in earlier months

Ranked in at least two of the three months before this one. They are listed whether or not they rank this month, which is why the months are named.

SymbolMonthsLargest drop
TTOO 2023-07, 2023-06, 2023-05 -38.51%
VRAY 2023-07, 2023-05 -81.17%
ATTO 2023-07, 2023-06 -76.73%
MRSN 2023-07, 2023-06 -72.63%
TREE 2023-07, 2023-05 -25.20%
SYTA 2023-07, 2023-06 -34.80%
NVCRthis month too 2023-07, 2023-06 -43.04%
VOXX 2023-07, 2023-05 -27.75%
OKYO 2023-07, 2023-06 -16.57%
BMEA 2023-07, 2023-06 -20.39%
APLD 2023-07, 2023-06 -16.34%
ONCR 2023-06, 2023-05 -37.12%
LTRY 2023-06, 2023-05 -35.08%
MNKthis month too 2023-06, 2023-05 -30.95%
CHRS 2023-06, 2023-05 -27.40%
TSP 2023-06, 2023-05 -29.20%
BIOC 2023-06, 2023-05 -45.41%

What the board was made of

Price before the move

Price bands are not shown on months older than a year, because the stored prices are adjusted for splits done since and a company that has reverse-split lands in a band its shares never traded in.

When the announcement landed

  • Pre-market38.0%
  • Intraday2.0%
  • After hours60.0%

Volume against normal

  • Under 5x14 events, 14.0%
  • 5x to 20x57 events, 57.0%
  • Over 20x29 events, 29.0%

Industry

  • Pharmaceutical preparations8 events, 8.0%
  • Biological products (excluding diagnostic substances)4 events, 4.0%
  • Computer programming, data processing, etc.3 events, 3.0%
  • Prepackaged software3 events, 3.0%
  • Catalog & mail-order houses (retail)2 events, 2.0%
  • Communications services, not elsewhere classified2 events, 2.0%

40 other industries, 43 events

Industry not known: 35.0%

6 events on this board carry the flag for a move that ran against its own release, too few to say whether the flag predicts anything.

Against July 2023

100 events from July 2023 in the comparable window.

July 2023 median -22.3%, selected from the 5,997 events in that month's eligible pool.

August 2023 median -31.9%, 9.6 points steeper than July 2023. August 2023's median is taken over the 100 ranked rows, selected from the 7,592 events in that month's eligible pool.

The two windows drew on pools of very different size, so part of the gap between the medians is how deep into each pool the top hundred reaches rather than how severe the moves were.

How this ranking is measured

Close-to-close change on the measured trading session, against the previous close.

  • An announcement before 16:00 ET is measured on that trading day; one at or after 16:00 ET, or on a weekend, is measured on the next trading day.
  • One row per company and measured session. Other announcements the company made in the same session are listed inside the row.
  • A ranking is a coincidence of news and price on the same session, not proof that the news caused the move. Part of an intraday move can precede the announcement.
  • No Stated Cause marks a release in which the company itself says it knows of no reason for the move, while Other Announcement marks a release these rules could not classify.

Eligibility uses each company's capitalization today, not its capitalization at the time. Archive boards can therefore change as companies grow or shrink.

Prices are adjusted for stock splits the company has done since, so an older row's dollar figures are stated on today's share count and are not the prices that traded that day. The percentage move, the dollar volume and the relative volume are unaffected, because both prices carry the same adjustment. The session's share count carries the adjustment too, so the shares figure beside the dollar volume is that count restated on today's basis rather than the number of shares that changed hands. Where the ticker was retired the price series stops with it and no later adjustment reached it, so those rows are marked as traded and their dollars are the ones that changed hands on the day.

Market cap is not shown on months older than a year, because only today's figure exists.

NYSE and Nasdaq companies with a market capitalization of $25M or more, measured today. The exchange is the one recorded on each announcement, and a release naming several tickers records one venue for all of them. A session that changed hands for less than $25,000 in total is not ranked, because a percentage set by a handful of shares is a print rather than a move. On a board older than a year a fund is identified by its name alone, because an instrument class describes whoever holds the ticker today.

On 100 of these rows the measured session was reconstructed from the announcement time, because it predates our stored session records.

This archive starts at 2020-04, the first month with ranked moves.