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Closing Bell Movers: Plug Power slips after converible notes offering

U.S. equity futures were slightly higher following sharp declines during the session, as investors digest a growing hang-up in the tech and AI sector and re-evaluate the likelihood of an upcoming policy shift from the Federal Reserve. Sentiment has turned cautious after major indexes broke key technical levels with one of the central themes being the hand-off between hope and reality in the AI hype cycle.

TipRanks Black Friday Sale

Check out this evening’s top movers from around Wall Street, compiled by The Fly.

HIGHER AFTER EARNINGS –

  • Nutex Health (NUTX) up 21%

ALSO HIGHER –

  • Kazia (KZIA) up 60.6% after reporting results from a patient with stage IV TNBC treated with pembrolizumab
  • Cambium Networks (CMBM) up 12.3% after saying it billed $43M of shipments in Q3
  • Constellation Energy (CEG) up 3.1% after announcing its Crane Clean Energy Center is now backed by a $1B U.S. Department of Energy loan

LOWER AFTER EARNINGS –

  • Qifu Technology (QFIN) down 15.3%

ALSO LOWER –

  • Carver Bancorp (CARV) down 45.6% after announcing its intention to delist from Nasdaq
  • Plug Power (PLUG) down 21.5% after announcing a $375M convertible senior notes offering

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

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