Jul. 31 LunchTime Movers Board: SoFi Technology jumps 21% as Q2 net revenue up 37% , Adjusted EBITDA up 278%

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LunchTime Gainers: Yellow, Archer Aviation, GoodRx, MyMD, SoFi

YELL:

Yellow rockets 116% after announcing it would go out of business and stop all operation.

ACHR:

Archer Aviation jumps 29% after signing $142M in new contracts with US Air Force.

GDRX:

GoodRx surges 28% after raised to Outperform from Market Perform by TD Cowen.

MYMD:

MyMD Pharmaceuticals jumps 21% after saying Phase 2 study hit key goals in age-related frailty.

SOFI:

SoFi Technology jumps 21% after Q2 net revenue up 37% to $498mln, adjusted EBITDA up 278%.

LunchTime Losers: Silicom, Checkpoint, Oncolytics, ParaZero, Belite

SILC:

Silicom slumps 23% as Q2 revenue $38.1M missed consensus $38.8M.

CKPT:

Checkpoint Therapeutics drops 15% after pricing $10M registered direct offering.

ONCY:

Oncolytics Biotech slides 15% on deal for discounted offering.

PRZO:

ParaZero Technologies sinks 10% after announcing closing of $7.8 million initial public offering.

BLTE:

Belite Bio slides 8% after initiated at Overweight by Canter.

$YELl(YELL)$ACHR(ACHR)$GDRX(GDRX)$MYMD(MYMD)$SOFI(SOFI)$SILC(SILC)$CKPT(CKPT)$ONCY(ONCY)$PRZO(PRZO)$BLTE(BLTE)