Why SeaStar Medical Holding Shares Are Trading Lower By Around 34%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session
Written by Emily J. Thompson, Senior Investment Analyst
Source: Benzinga
- SeaStar Medical Holding Corporation: Shares fell sharply after a $10 million direct offering.
- Stock Movements:
- Virpax Pharmaceuticals surged 139%.
- Kazia Therapeutics gained 129%.
- Longeveron Inc. surged 81.8%.
- VivoPower International climbed 56.8%.
- Various other companies experienced significant stock price movements.
- Notable Gains:
- Lantheus Holdings rose 28.6%.
- SMART Global Holdings gained 17.4%.
- Hawaiian Electric Industries jumped 15.8%.
- Significant Declines:
- Shineco, Inc. shares fell 40.1%.
- Zapp Electric Vehicles Group dropped 38.2%.
- LegalZoom.com, Inc. declined 25.7%.
- Analyst Forecasts:
- Analysts predict Apple to rally around 14%.
Analyst Views on LZ
Wall Street analysts forecast LZ stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for LZ is 12.50 USD with a low forecast of 9.00 USD and a high forecast of 14.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
8 Analyst Rating
4 Buy
3 Hold
1 Sell
Moderate Buy
Current: 9.220
Low
9.00
Averages
12.50
High
14.00
Current: 9.220
Low
9.00
Averages
12.50
High
14.00
About LZ
LegalZoom.com, Inc. provides an online platform for legal services, transforming how individuals and small businesses navigate the legal system. The Company offers the tools and guidance people need to confidently manage everything from business formation and compliance to estate planning and ongoing legal support. Its platform includes professional expertise and other products, both legal and non-legal, to meet the needs of small businesses. Its offerings include ongoing compliance, business licenses, accounting, virtual mailbox and e-signature solutions, trademark filings, and estate plans. Its transaction products for small businesses include business formation and intellectual property. Its transaction products for consumers include consumer, estate planning and other. Its compliance subscriptions provide assistance with state-mandated regulatory filings, such as corporate annual reports. The Company operates across 50 states and in over 3,000 counties in the United States.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
