ATOS, NEXT, LEDS, CARV, UNFI, CMTL, DSP, DFH, CLVT, CLOV Stock Prices Fall Intraday

By Amit Chowdhry ● June 9, 2021
  • The stock prices of ATOS, NEXT, LEDS, CARV, UNFI, CMTL, DSP, DFH, CLVT, and CLOV fell during intraday trading. Here is more information about it.

The stock prices of ATOS, NEXT, LEDS, CARV, UNFI, CMTL, DSP, DFH, CLVT, and CLOV fell during intraday trading. Here is more information about it.

Atossa Therapeutics Inc (NASDAQ: ATOS) — Over 20% Decrease

The stock price of Atossa Therapeutics Inc (NASDAQ: ATOS) fell by over 20% during intraday trading. Investors are responding negatively to Atossa Therapeutics announcing the following final data from its Phase 2 clinical study of oral Endoxifen administered in the “window of opportunity” between diagnosis of breast cancer and surgery. The news was positive so it appears that this was a “buy the rumor, sell on the news” situations. Before the stock price drop today, the stock price increased over 119% between May 10 and yesterday.
NextDecade Corp (NASDAQ: NEXT) — Over 15% Decrease

The stock price of NextDecade Corp (NASDAQ: NEXT) fell by over 15% during intraday trading. This appears to be a pullback from a rally as investors are collecting profits. Between June 4 and June 8, the company stock price increased over 127%. 

SemiLEDs Corporation (NASDAQ: LEDS) — Over 15% Decrease

The stock price of SemiLEDs Corporation (NASDAQ: LEDS) fell by over 15% during intraday trading. This appears to be a pullback from a rally as investors are collecting profits. Before the pullback, the stock price of SemiLEDs increased by 196.9% between May 10 and yesterday without releasing any company news.

Carver Bancorp Inc (NASDAQ: CARV) — Over 15% Decrease

The stock price of Carver Bancorp Inc (NASDAQ: CARV) fell by over 15% during intraday trading. This appears to be a pullback from a rally as investors are collecting profits. Between May 10 and yesterday, the stock price increased 109.09%.

United Natural Foods Inc (NYSE: UNFI) — Over 14% Decrease

The stock price of United Natural Foods Inc (NYSE: UNFI) decreased by over 14% during intraday trading. Investors are responding negatively to the company’s third quarter fiscal 2021 results. The company reported the following numbers: Net sales of $6.62 billion, a decrease of 5.9% (+6.7% on a two-year stack basis); Net income of $49 million, a decrease of approximately $40 million; Adjusted EBITDA of $179 million, a decrease of 19.2%.
Comtech Telecommunications Corp. (NASDAQ: CMTL) — Over 14% Decrease

The stock price of Comtech Telecommunications Corp. (NASDAQ: CMTL) decreased by over 14% during intraday trading. Investors are responding negatively to the company’s third quarter results. The consolidated net sales were $139.4 million and Adjusted EBITDA was $17.7 million (or 12.7% of consolidated net sales). And the GAAP operating income was $2.4 million, GAAP net income was $0.8 million, and GAAP net income per diluted share (EPS) was $0.03 for the third quarter of fiscal 2021. And non-GAAP operating income was $8.9 million, non-GAAP net income was $6.8 million and non-GAAP EPS was $0.26. 

Viant Technology Inc (NASDAQ: DSP) — Over 15% Decrease

The stock price of Viant Technology Inc (NASDAQ: DSP) fell by over 15% during intraday trading. Investors are responding negatively to Viant Technology announcing that it has entered into a license agreement with TiVo in order to integrate TiVo’s linear TV viewership data feed into Adelphic advertising software.

Dream Finders Homes Inc (NASDAQ: DFH) — Over 14% Decrease

The stock price of Dream Finders Homes Inc (NASDAQ: DFH) fell by over 14% during intraday trading. There is no company-specific news driving the stock price down. The company stock price has been falling since June 1, which was after it jumped 36.38% between May 12 and June 1.

Clarivate Plc (NYSE: CLVT) — Over 14% Decrease

The stock price of Clarivate Plc (NYSE: CLVT) fell by over 14% during intraday trading. Investors are responding negatively to the company announcing that it has commenced concurrent proposed offerings of $750 million of ordinary shares, alongside which certain existing shareholders intend to offer $250 million of ordinary shares, and $1.25 billion of Series A Mandatory Convertible preferred shares.

Clover Health Investments Corp (NASDAQ: CLOV) — Over 17% Decrease

The stock price of Clover Health Investments Corp (NASDAQ: CLOV) surged up at the open but pulled back during intraday trading. Investors appear to be collecting profits today following a 168.16% rally between May 10 and yesterday. The rally was largely driven by coordination through social media platforms like Reddit, StockTwits, Twitter, Discord, etc.

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.