Why Compass Minerals International Shares Are Trading Lower By Around 9%? Here Are Other Stocks Moving In Thursday's Mid-Day Session
Shares of Compass Minerals International, Inc. (NYSE:CMP) fell sharply during Thursday’s session following downbeat results.
Compass Minerals Intl posted quarterly adjusted earnings of 5 cents per share, missing market estimates of 26 cents per share. The company’s quarterly sales came in at $341.70 million versus expectations of $357.90 million.
Compass Minerals International shares fell 9% to $20.52 on Thursday.
Here are some other stocks moving in today's mid-day session.
Gainers
- Syra Health Corp. (NASDAQ:SYRA) shares jumped 310% to $4.71 after the company announced a partnership for a federal contract valued at $75 billion.
- Hitek Global Inc. (NASDAQ:HKIT) surged 305% to $4.6220 after jumping more than 60% on Wednesday.
- MicroAlgo Inc. (NASDAQ:MLGO) shares climbed 160% to $1.48.
- CCSC Technology International Holdings Limited (NASDAQ:CCTG) shares gained 90.3% to $4.9299 after falling 20% on Wednesday.
- U Power Limited (NASDAQ:UCAR) climbed 75% to $0.1153. The company appointed Jean Christophe von Pfetten as an independent director and a member of the Board’s Audit Committee, Compensation Committee, and Nominating and Corporate Governance Committee, effective February 1, 2024.
- WiMi Hologram Cloud Inc. (NASDAQ:WIMI) shares rose 53.3% to $1.2290 after gaining over 26% on Wednesday.
- Bit Brother Limited (NASDAQ:BETS) shares climbed 51.2% to $2.69 amid strength in Bitcoin.
- Arm Holdings plc (NASDAQ:ARM) shares climbed 47.3% to $113.41 after the company reported better-than-expected third-quarter financial results and issued FY24 guidance above estimates.
- Zhongchao Inc. (NASDAQ:ZCMD) rose 41.5% to $0.4250.
- WeTrade Group, Inc. (NASDAQ:WETG) gained 38.6% to $3.05.
- Meiwu Technology Company Limited (NASDAQ:WNW) jumped 37% to $1.6205.
- Healthcare Triangle, Inc. (NASDAQ:HCTI) surged 36% to $3.8250.
- Oscar Health, Inc. (NYSE:OSCR) shares rose 21.2% to $16.27 after the company reported better-than-expected fourth-quarter financial results.
- Roma Green Finance Limited (NASDAQ:ROMA) shares gained 20.4% to $0.94 after declining over 5% on Wednesday.
- Mineralys Therapeutics, Inc. (NASDAQ:MLYS) surged 18.5% to $14.77. Mineralys Therapeutics announced a $120 million private placement financing.
- Viking Therapeutics, Inc. (NASDAQ:VKTX) rose 17.6% to $28.78 following quarterly results.
- Bitdeer Technologies Group (NASDAQ:BTDR) climbed 17.6% to $8.34.
- QuinStreet, Inc. (NASDAQ:QNST) climbed 15.4% to $14.90 following upbeat results.
- AST SpaceMobile, Inc. (NASDAQ:ASTS) gained 15% to $2.9950. AST SpaceMobile announced a new contract award with United States Government through prime contractor.
- MicroCloud Hologram Inc. (NASDAQ:HOLO) gained 15% to $20.70 after surging 1,100% on Wednesday. The company announced it planned to join the Communications Industry Association.
- Monolithic Power Systems, Inc. (NASDAQ:MPWR) rose 14.3% to $737.95 after the company reported better-than-expected quarterly financial results and increased its quarterly cash dividend from $1 to $1.25 per share.
- Ralph Lauren Corporation (NYSE:RL) rose 12.4% to $165.41 following strong earnings.
- Advanced Drainage Systems, Inc. (NYSE:WMS) climbed 12.3% to $155.12 after the company reported better-than-expected third-quarter financial results, raised FY24 net sales guidance above estimates and increased its quarterly cash dividend.
- Belden Inc. (NYSE:BDC) gained 12% to $83.42 following upbeat results.
- Worthington Steel, Inc. (NYSE:WS) gained 10% to $33.13.
- The Walt Disney Company (NYSE:DIS) rose 9.5% to $108.54 after the company reported better-than-expected earnings for its first quarter and declared a cash dividend of 45 cents per share. The company announced a new share repurchase program and said it expects fiscal 2024 earnings of roughly $4.60 per share. Disney also announced a $1.5 billion investment in leading video game company Epic Games.
- Spectrum Brands Holdings, Inc. (NYSE:SPB) gained 9% to $87.18 following better-than-expected quarterly earnings.
- EverQuote, Inc. (NASDAQ:EVER) gained 8.3% to $14.57. EverQuote is expected to report fourth quarter financial results after the market close on Feb. 26, 2024.
Losers
- Tenax Therapeutics, Inc. (NASDAQ:TENX) shares fell 64.4% to $5.08 after the company announced the pricing of its $9 million public offering.
- Bakkt Holdings, Inc. (NYSE:BKKT) fell 34.8% to $0.9442.
- Phoenix Biotech Acquisition Corp. (NASDAQ:PBAX) fell 32.7% to $4.7272.
- Yield10 Bioscience, Inc. (NASDAQ:YTEN) fell 29.7% to $0.26 after the company an update on its Omega-3 Camelina program.
- Cadrenal Therapeutics, Inc. (NASDAQ:CVKD) declined 28% to $0.8147. Cadrenal Therapeutics named Jeff Cole as Chief Operating Officer in advance of Tecarfarin Phase 3 pivotal trial.
- Solidion Technology Inc. (NASDAQ:STI) fell 24.6% to $1.32.
- Dynatronics Corporation (NASDAQ:DYNT) dipped 24.4% to $0.5121.
- MariaDB plc (NYSE:MRDB) shares fell 23.4% to $0.36 after gaining around 95% on Wednesday.
- 23andMe Holding Co. (NASDAQ:ME) fell 22.7% to $0.56 after the company reported worse-than-expected third-quarter financial results and issued FY24 revenue guidance below estimates.
- Digital Turbine, Inc. (NASDAQ:APPS) shares dipped 20% to $4.03 after the company reported worse-than-expected third-quarter financial results.
- Insperity, Inc. (NYSE:NSP) fell 19.4% to $91.12 following quarterly results.
- Lightspeed Commerce Inc. (NYSE:LSPD) declined 19.4% to $15.78 after the company reported third-quarter financial results.
- Lumentum Holdings Inc. (NASDAQ:LITE) fell 16.3% to $49.21 following quarterly results.
- GoPro, Inc. (NASDAQ:GPRO) shares fell 12.9% to $2.5250 following weak sales for the fourth quarter.
- Mangoceuticals, Inc. (NASDAQ:MGRX) shares dipped 11.4% to $0.3650 after falling 8% on Wednesday.
- Everest Group, Ltd. (NYSE:EG) fell 10.4% to $344.20 after the company reported mixed fourth-quarter financial results.
- PayPal Holdings, Inc. (NASDAQ:PYPL) shares declined 10.3% to $56.67. PayPal reported upbeat earnings and sales results for its fourth quarter on Wednesday. However, the company said it expects full-year 2024 adjusted earnings to be in line with full-year 2023 earnings of $5.10 per share.
- Envista Holdings Corporation (NYSE:NVST) fell 10% to $21.81 following weak earnings.
- Axcelis Technologies, Inc. (NASDAQ:ACLS) shares tumbled 9.5% to $119.06 after the company reported fourth-quarter financial results.
- TruGolf Holdings, Inc. (NASDAQ:TRUG) shares fell 9.3% to $1.65 after climbing over 18% on Wednesday.
- NETGEAR, Inc. (NASDAQ:NTGR) declined 8.6% to $13.08. NETGEAR said it expects first-quarter net revenue of $155 million to $170 million.
- BorgWarner Inc. (NYSE:BWA) fell 8.4% to $30.98 after it reported fourth-quarter results.
- CalAmp Corp. (NASDAQ:CAMP) fell 7.8% to $2.36 after dipping 11% on Wednesday.
- Snap-on Incorporated (NYSE:SNA) fell 7.6% to $272.12 following fourth-quarter results.
- ThermoGenesis Holdings, Inc. (NASDAQ:THMO) shares declined 7% to $0.78 after jumping over 42% on Wednesday.
- AstraZeneca PLC (NASDAQ:AZN) fell 5.8% to $62.68 after the company reported worse-than-expected quarterly financial results.
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