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10 Stocks Moving In Wednesday’s After-Hours Session

Gainers INmune Bio (NASDAQ: INMB) shares are trading higher after the company announced XPro has been found to decrease multiple species of Phospho Tau and improve neuroimaging biomarkers of myelination in patients with AD.

Gainers

  • INmune Bio (NASDAQ:INMB) shares are trading higher after the company announced XPro has been found to decrease multiple species of Phospho Tau and improve neuroimaging biomarkers of myelination in patients with AD.
  • Semtech (NASDAQ:SMTC) shares are trading higher after the company reported better-than-expected Q2 EPS and sales results and issued Q3 adjusted EPS guidance above estimates.
  • nCino (NASDAQ:NCNO) shares are trading higher after the company reported better-than-expected Q2 sales results and issued Q3 and FY22 sales guidance above estimates.

Losers

  • Five Below (NASDAQ:FIVE) shares are trading lower after the company reported worse-than-expected Q2 sales results.
  • Chewy (NYSE:CHWY) shares are trading lower after the company reported worse-than-expected Q2 sales results.
  • Okta (NASDAQ:OKTA) shares are trading lower after the company reported Q2 earnings results and issued guidance.
  • Assembly Biosciences (NASDAQ:ASMB) shares are trading lower after the company announced the decision to discontinue clinical development of ABI-H2158.
  • Veeva Systems (NYSE:VEEV) shares are trading lower after the company announced Q2 earnings results and issued guidance.
  • Asana (NYSE:ASAN) shares are trading lower after the company reported Q2 earnings results and issued guidance.
  • C3.AI (NYSE:AI) shares are trading lower after the company reported worse-than-expected Q1 EPS results. The company also issued Q2 and FY22 guidance.
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3 Stocks Insiders Are Selling

When insiders sell shares, it indicates their concern in the company’s prospects or that they view the stock as being overpriced. Either way, this signals an opportunity to go short on the stock. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision.

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