Why Container Store Group Shares Are Trading Lower By Around 23%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session

Shares of The Container Store Group, Inc. (NYSE:TCS) shares fell sharply during Wednesday’s session following weak quarterly results.

Container Store Group posted adjusted loss of 8 cents per share, compared to market expectations for a loss of 5 cents per share. The company’s quarterly sales came in at $214.90 million versus estimates of $220.72 million.

Container Store Group shares dipped 22.7% to $1.3150 on Wednesday.

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

Gainers

• MicroCloud Hologram Inc. (NASDAQ:HOLO) shares jumped 400% to $7.51. The company announced it planned to join the Communications Industry Association. HOLO intends to join the Communications Industry Association to foster information technology innovation.
• SMX (Security Matters) Public Limited Company (NASDAQ:SMX) shares climbed 138% to $0.5528.
• Glatfelter Corporation (NYSE:GLT) climbed 68.8% to $2.1450 after the company and Berry Global announced they entered into definitive agreements for Berry to spin-off and merge the majority of its Health, Hygiene and Specialties segment to include its Global Nonwovens and Films business with Glatfelter.
• MariaDB plc (NYSE:MRDB) gained 57% to $0.3782 after jumping more than 26% on Tuesday.
• ThermoGenesis Holdings, Inc. (NASDAQ:THMO) climbed 37.7% to $0.8101.
• Recon Technology, Ltd. (NASDAQ:RCON) rose 33.3% to $0.1934.
• Ault Alliance, Inc. (NYSE:AULT) surged 28.1% to $0.4549. Ault Alliance said it determined not to pursue new acquisitions during 2024, though it may continue to make strategic investments.
• Luokung Technology Corp. (NASDAQ:LKCO) gained 27.4% to $0.6269.
• MicroAlgo Inc. (NASDAQ:MLGO) rose 27% to $0.4939.
• Aviat Networks, Inc. (NASDAQ:AVNW) surged 23.7% to $37.20 after the company reported better-than-expected second-quarter financial results and issued FY24 revenue guidance above estimates.
• Jianpu Technology Inc. (NYSE:JT) gained 18.5% to $0.7584.
• Enphase Energy, Inc. (NASDAQ:ENPH) rose 17.7% to $118.36 after the company reported quarterly financial results.
• Sonos, Inc. (NASDAQ:SONO) gained 17.6% to $19.36 after the company reported better-than-expected quarterly financial results.
• XPO, Inc. (NYSE:XPO) climbed 16.6% to $114.34 after the company reported better-than-expected fourth-quarter financial results.
• Cirrus Logic, Inc. (NASDAQ:CRUS) gained 15.1% to $90.28 after the company reported better-than-expected quarterly financial results.
• Green Plains Inc. (NASDAQ:GPRE) climbed 14.6% to $22.94 following quarterly results.
• Hitek Global Inc. (NASDAQ:HKIT) rose 14.1% to $0.81.
• Griffon Corporation (NYSE:GFF) gained 13.8% to $68.55 following upbeat results.
• REGENXBIO Inc. (NASDAQ:RGNX) rose 13.3% to $14.78. Regenxbio has completed enrollment at dose level 2 and reported additional interim safety and efficacy in Phase 1/2 AFFINITY DUCHENNE trial of Rgx-202 in patients with Duchenne Muscular Dystrophy ages 4 to11 years old.
• O-I Glass, Inc. (NYSE:OI) climbed 12.7% to $16.19 following upbeat results.
• Frontier Group Holdings, Inc. (NASDAQ:ULCC) rose 11.3% to $6.93. Frontier reported fourth-quarter financial results and issued guidance.
• Silicon Laboratories Inc. (NASDAQ:SLAB) jumped 11.1% to $131.43 after the company reported better-than-expected quarterly financial results and issued guidance.
• Griid Infrastructure Inc. (NASDAQ:GRDI) gained 10.9% to $2.35 after gaining over 4% on Tuesday.
• Emerson Electric Co. (NYSE:EMR) climbed 10.8% to $104.44 after the company reported better-than-expected quarterly earnings and raised FY24 outlook.
• Yum China Holdings, Inc. (NYSE:YUMC) shares rose 9.9% to $41.14 after the company reported fourth-quarter financial results and increased its dividend.
• IHS Holding Limited (NYSE:IHS) gained 8.1% to $3.1250.
• Fortinet, Inc. (NASDAQ:FTNT) rose 4% to $70.13 after the company reported better-than-expected fourth-quarter financial results and issued guidance.

Losers

• Snap Inc. (NYSE:SNAP) shares dipped 35.2% to $11.30 after the company reported mixed fourth-quarter results.
• Sunworks, Inc. (NASDAQ:SUNW) shares fell 29.1% to $0.0617. Sunworks shares dipped 58% on Tuesday after the company announced it ceased operations and filed voluntary petitions for relief under the provisions of Chapter 7 of Title 11 of the United States Code.
• CytoMed Therapeutics Limited (NASDAQ:GDTC) dipped 26.7% to $2.25.
• fuboTV Inc. (NYSE:FUBO) shares fell 25.7% to $1.8650 after gaining around 4% on Tuesday.
• Volcon, Inc. (NASDAQ:VLCN) tumbled 23.6% to $2.62.
• The E.W. Scripps Company (NASDAQ:SSP) fell 22.8% to $5.74.
• MedAvail Holdings, Inc. (NASDAQ:MDVL) shares declined 20.4% to $2.61 after jumping 92% on Tuesday.
• Triumph Group, Inc. (NYSE:TGI) fell 18.8% to $13.35 after the company reported below-consensus third-quarter results and cut the FY24 outlook.
• Perion Network Ltd. (NASDAQ:PERI) fell 18.6% to $24.00 after the company issued worse-than-expected FY24 outlook.
• ePlus inc. (NASDAQ:PLUS) shares declined 17.6% to $64.50 after the company reported worse-than-expected third-quarter results.
• The Hain Celestial Group, Inc. (NASDAQ:HAIN) fell 16.9% to $9.42 after the company reported worse-than-expected quarterly revenue results.
• Soho House & Co Inc. (NYSE:SHCO) fell 15.9% to $5.20.
• KKR Real Estate Finance Trust Inc. (NYSE:KREF) shares dipped 14.3% to $10.09 following fourth-quarter results.
• Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) fell 14.1% to $22.11. The company reported second-quarter financial results and issued revenue guidance.
• New York Community Bancorp, Inc. (NYSE:NYCB) shares declined 12.8% to $3.6599. Fitch downgraded NYCB’s long-term credit rating to one notch above non-investment grade at BBB-. Moody’s downgraded NYCB's debt rating from Baa3 to Ba2.
• Viasat, Inc. (NASDAQ:VSAT) fell 12.7% to $19.88 after the company reported quarerly financial results.
• V.F. Corporation (NYSE:VFC) shares declined 12.2% to $14.88 after the company reported worse-than-expected third-quarter financial results.
• Vestis Corporation (NYSE:VSTS) fell 10.2% to $20.03 after the company reported worse-than-expected first-quarter sales results.
• Rekor Systems, Inc. (NASDAQ:REKR) fell 9.5% to $2.7150 after the company announced the launch of a proposed follow-on public offering of common stock.
• Berry Global Group, Inc. (NYSE:BERY) fell 9.2% to $58.35 after the company reported below-consensus first-quarter FY24 results and disclosed a deal for a tax-free spin-off and merger of Berry's Health.
• Valley National Bancorp (NASDAQ:VLY) declined 8.3% to $7.49.
• ADDvantage Technologies Group, Inc. (NASDAQ:AEY) fell 6.6% to $0.5790 after surging 77% on Tuesday.

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