Why Children's Place Shares Are Trading Lower By Around 25%? Here Are Other Stocks Moving In Thursday's Mid-Day Session

Shares of The Children's Place, Inc. (NASDAQ:PLCE) moved lower during Thursday’s session following weak quarterly earnings.

Children's Place posted adjusted earnings of $3.22 per share, missing market estimates of $3.56 per share. The company’s quarterly sales came in at $480.23 million versus estimates of $471.82 million, according to Benzinga Pro.

Children's Place shares tumbled 25.6% to $21.23 on Thursday.

Here are some other stocks moving in today's mid-day session.

Gainers

• WaveDancer, Inc. (NASDAQ:WAVD) climbed 80.1% to $2.7201 after the company inked a definitive merger agreement with Firefly Neuroscience in an all-stock transaction.
• Apollomics, Inc. (NASDAQ:APLM) shares climbed 51.7% to $1.3199 after the company reported the first approval of vebreltinib for MET exon 14 skip non-small cell lung cancer.
• Dermata Therapeutics, Inc. (NASDAQ:DRMA) gained 29.4% to $0.8426. Dermata Therapeutics announced agreement with the U.S. FDA on the DMT310 Phase 3 clinical protocols for the treatment of acne.
• Janover Inc. (NASDAQ:JNVR) gained 20.1% to $0.8478. Janover announced a $1 million share repurchase program.
• Advent Technologies Holdings, Inc. (NASDAQ:ADN) gained 16.4% to $0.5360 as the company received funding update for €60 million to launch Green HiPo IPCEI project.
• SenesTech, Inc. (NASDAQ:SNES) rose 16% to $0.2099. SenesTech announced a 1-for-12 reverse stock split.
• Sonos, Inc. (NASDAQ:SONO) gained 13.2% to $12.85 following upbeat fourth-quarter results.
• Universal Technical Institute, Inc. (NYSE:UTI) climbed 11.7% to $10.83 following strong quarterly sales.
• NICE Ltd. (NASDAQ:NICE) gained 8.6% to $194.52 after the company reported third-quarter results.
• Lavoro Limited (NASDAQ:LVRO) climbed 8.5% to $6.75.
• Macy's, Inc. (NYSE:M) surged 7.4% to $13.55 after it reported third-quarter FY23 earnings.
• Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) gained 7% to $50.05 after the company posted upbeat fourth-quarter results and raised its quarterly dividend.

Losers

• Volcon, Inc. (NASDAQ:VLCN) shares dipped 67.1% to $0.2140 after the company announced pricing of $18 million underwritten public offering.
• NLS Pharmaceutics AG (NASDAQ:NLSP) tumbled 39% to $0.3001. NLS Pharmaceutics announced selection of strategic partner and securing a bridge loan.
• Homology Medicines, Inc. (NASDAQ:FIXX) fell 36% to $0.56. Q32 Bio and Homology Medicines have agreed to combine in an all-stock transaction.
• Augmedix, Inc. (NASDAQ:AUGX) shares fell 18.5% to $4.4255 after the company reported pricing of upsized public offering of 6,250,000 shares of common stock.
• Siyata Mobile Inc. (NASDAQ:SYTA) declined 14.1% to $0.55 following weak quarterly sales.
• Gambling.com Group Limited (NASDAQ:GAMB) fell 12.8% to $11.89 following quarterly results.
• ProKidney Corp. (NASDAQ:PROK) fell 12.5% to $1.2150. ProKidney recently posted a third-quarter loss of 18 cents per share.
• Reborn Coffee, Inc. (NASDAQ:REBN) dropped 12.5% to $0.35. Reborn Coffee recently posted a third-quarter loss of 23 cents per share.
• VNET Group, Inc. (NASDAQ:VNET) fell 12.2% to $3.1080 following third-quarter results.
• Cisco Systems, Inc. (NASDAQ:CSCO) shares fell 11.8% to $47.00. Cisco reported upbeat earnings for its first quarter but lowered its earnings and sales projections for FY24.
• Bit Brother Limited (NASDAQ:BETS) fell 11.6% to $0.0265. Bit Brother received Nasdaq delisting letter regarding bid price deficiency.
• Chemomab Therapeutics Ltd. (NASDAQ:CMMB) fell 11.4% to $0.7239. Chemomab Therapeutics shares jumped 34% on Wednesday after the company announced it received FDA fast track designation for CM-101 for the treatment of primary sclerosing cholangitis.
• Allot Ltd. (NASDAQ:ALLT) declined 10% to $1.52 following weak third-quarter results.
• Pediatrix Medical Group, Inc. (NYSE:MD) fell 9.5% to $8.87. The company recently posted weak quarterly results.
• Walmart Inc. (NYSE:WMT) fell 7.2% to $157.58 after the company reported third-quarter financial results.
• Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN) declined 7% to $5.68 following third-quarter results.
• Palo Alto Networks, Inc. (NASDAQ:PANW) fell 5.8% to $241.46 after reporting first-quarter results.

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