Why CarMax Shares Are Trading Higher By Around 8%? Here Are Other Stocks Moving In Thursday's Mid-Day Session
Shares of CarMax, Inc. (NYSE:KMX) moved higher during Thursday’s session following better-than-expected quarterly earnings.
KMX reported a third-quarter sales decline of 5.5% year-on-year to $6.15 billion, missing the analyst consensus estimate of $6.33 billion. EPS of $0.52 beat the consensus estimate of $0.44.
CarMax shares climbed 7.7% to $80.42 on Thursday.
Here are some other stocks moving in today's mid-day session.
Gainers
- Infrared Cameras Holdings Inc (NASDAQ:MSAI) shares jumped 222% to $8.43 after falling over 61% on Wednesday.
- HOOKIPA Pharma Inc. (NASDAQ:HOOK) surged 75% to $0.9874 after the company announced a $21.25 million equity investment from Gilead Sciences.
- DMK Pharmaceuticals Corporation (NASDAQ:DMK) shares climbed 50.8% to $0.8899. DMK Pharmaceuticals regained full rights to commercialize ZIMHI after the termination of an exclusive commercialization and distribution with US WorldMeds, LLC.
- PetVivo Holdings, Inc. (NASDAQ:PETV) shares rose 41.3% to $1.20.
- ParaZero Technologies Ltd. (NASDAQ:PRZO) shares climbed 37.4% to $1.6904 after the company appointed Nir Ben Moshe, a former senior director in the Israeli Ministry of Defense, as a specialist advisor.
- Annexon, Inc. (NASDAQ:ANNX) gained 34.7% to $3.88. Annexon outlined its global registrational program for ANX007 for the treatment of patients with geographic atrophy. The company also reported pricing of $125 million public offering of common stock.
- Triumph Group, Inc. (NYSE:TGI) rose 27% to $15.59 after the company entered into a definitive agreement with AAR to sell its Product Support business.
- Aurora Technology Acquisition Corp.. (NASDAQ:ATAK) shares gained 26.3% to $5.57 after falling 15% on Wednesday.
- Galiano Gold Inc. (NYSE:GAU) rose 23.5% to $0.8130 as the company announced that it has entered into a binding share purchase agreement with subsidiaries of Gold Fields Limited.
- Calliditas Therapeutics AB (NASDAQ:CALT) gained 19.3% to $26.37 after the company announced FDA approval of TARPEYO.
- Iris Energy Limited (NASDAQ:IREN) gained 19.2% to $6.59. Iris energy disclosed that its 10 EH/s expansion is fully funded following completion of targeted equity raising program.
- MeiraGTx Holdings plc (NASDAQ:MGTX) rose 19.1% to $5.85 after the company announced an asset purchase agreement involving its AAV-RPGR collaboration for up to $415 million.
- Shengfeng Development Limited (NASDAQ:SFWL) rose 17.6% to $4.27.
- AdaptHealth Corp. (NASDAQ:AHCO) gained 11.6% to $7.24
- Catalyst Pharmaceuticals, Inc. (NASDAQ:CPRX) gained 11.4% to $15.93. Oppenheimer initiated coverage on Catalyst Pharmaceuticals with an Outperform rating and announced a price target of $30.
- Grupo Supervielle S.A. (NYSE:SUPV) gained 10.8% to $4.58.
- Energy Fuels Inc. (NYSE:UUUU) rose 10.3% to $7.68. Energy Fuels disclosed the commencement of uranium production at three of its permitted and developed mines in Arizona and Utah and preparing two additional mines in Colorado and Wyoming for expected production within one year.
- Cytokinetics, Incorporated (NASDAQ:CYTK) rose 9.7% to $39.19.
- Immunovant, Inc. (NASDAQ:IMVT) shares gained 9.4% to $39.61 after reporting initial Phase 2 results for Batoclimab in Graves’ disease.
- 4D Molecular Therapeutics, Inc. (NASDAQ:FDMT) surged 8.6% to $20.69. 4D Molecular Therapeutics announced that the FDA granted the RMAT designation for the investigational genetic medicine candidate 4D-150 for intravitreal treatment of wet age-related macular degeneration.
- Globalstar, Inc. (NYSE:GSAT) gained 8.2% to $1.8500. Globalstar Director James F Lynch acquired a total of 750,000 shares at an average price of $1.69.
- Micron Technology, Inc. (NASDAQ:MU) rose 7.5% to $84.57 after the company reported mixed first-quarter financial results and issued strong guidance.
- 60 Degrees Pharmaceuticals, Inc. (NASDAQ:SXTP) shares gained 6.8% to $1.25 after jumping 36% on Wednesday.
- Canaan Inc. (NASDAQ:CAN) shares rose 5.1% to $2.70 amid strength in Bitcoin.
Losers
- Nogin, Inc. (NASDAQ:NOGN) shares fell 42.6% to $0.0644 after dipping over 30% on Wednesday.
- Polished.com Inc. (NYSE:POL) shares fell 40.9% to $4.50 after jumping 618% on Wednesday.
- BYTE Acquisition Corp. (NASDAQ:BYTS) dipped 38% to $6.49.
- Clene Inc. (NASDAQ:CLNN) fell 36.7% to $0.3260. Clene reported new data from 12-month long-term open label extension of CNM-Au8 treatment arm in HEALEY ALS platform trial.
- Revelstone Capital Acquisition Corp. (NASDAQ:RCAC) fell 37% to $6.80.
- Panbela Therapeutics, Inc. (NASDAQ:PBLA) fell 25.2% to $0.8971. Panbela Therapeutics entered into agreements with certain stockholders for $2 million private placement of existing warrants exercisable for 2,556,000 of its common stock, in aggregate, to exercise outstanding warrants at $0.78 per share in exchange for new warrants.
- Longeveron Inc. (NASDAQ:LGVN) fell 24% to $1.23 after the company announced a $2.36 million registered direct offering priced at-the-market under Nasdaq rules.
- Esports Entertainment Group, Inc. (NASDAQ:GMBL) fell 22.3% to $0.0091. Esports Entertainment shares fell 41% on Wednesday after the company announced a 1-for-400 reverse stock split.
- Aclarion, Inc. (NASDAQ:ACON) shares fell 21.5% to $0.2739. Aclarion shares rose over 19% on Wednesday after the company was granted U.S. patent #11844601 for "MR SPECTROSCOPY SYSTEM FOR DIAGNOSING PAINFUL AND NON-PAINFUL INTERVERTEBRAL DISCS (Severe Low Back Pain)."
- MedAvail Holdings, Inc. (NASDAQ:MDVL) fell 20% to $4.76.
- Genetic Technologies Limited (NASDAQ:GENE) dipped 16.2% to $2.12.
- Jin Medical International Ltd. (NASDAQ:ZJYL) tumbled 14.3% to $71.62. On Dec 18, Jin Medical International received Nasdaq letter notifying that the company failed to give detailed plan to support decision for further time for compliance.
- Ispire Technology Inc. (NASDAQ:ISPR) fell 14.1% to $11.78.
- BlackBerry Limited (NYSE:BB) fell 12.3% to $3.5950 following the release of third-quarter results.
- Cassava Sciences, Inc. (NASDAQ:SAVA) declined 10.7% to $24.78.
- Dune Acquisition Corporation (NASDAQ:DUNE) fell 10.4% to $4.1382 after gaining 6% on Wednesday.
- iCoreConnect Inc. (NASDAQ:ICCT) shares fell 10.2% to $1.5350.
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