Snowflake (SNOW) – One of Thursday morning’s biggest decliners. The stock was down 18% despite better-than-expected quarterly results. Snowflake also announced the purchase of a software framework company named Streamlit.
Zuora (ZUO) – The company announced a $400 million investment from private-equity firm Silver Lake. Zuora also announced strong Q4 earnings and sales but gave guidance that was light.
Arcadia Biosciences (RKDA) – A play on increased investor focus on crop and wheat prices. On Wednesday, traders circulated word Russia produces 66% of fertilizer used to grow corn and wheat. Arcadia describes itself as a producer of high-value crop improvements primarily in wheat, soy, and hemp.
Cerberus Cyber Sentinel (CISO) -One of the most-searched tickers on Benzinga Pro Thursday morning. The company is a play on cybersecurity.
Nerdy (NRDY) – A play on recent insider buying by the company’s CEO, Charles Cohn. The exec bought about $1 million shares in company stock on Wednesday of this week.