Why FactSet Research Shares Are Trading Lower By Around 5%? Here Are Other Stocks Moving In Thursday's Mid-Day Session
Shares of FactSet Research Systems Inc. (NYSE:FDS) fell sharply during Thursday’s session after the company reported worse-than-expected second-quarter revenue and issued FY24 guidance.
FactSet Research posted adjusted earnings of $4.22 per share, beating market estimates of $3.88 per share. The company’s quarterly sales came in at $545.95 million, missing expectations of $546.80 million, according to data from Benzinga Pro.
FactSet Research shares dipped 5.2% to $462.36 on Thursday.
Here are some other stocks moving in today's mid-day session.
Gainers
- Yield10 Bioscience, Inc. (NASDAQ:YTEN) shares jumped 136.7% to $0.5751 after the company announced that the USDA-APHIS Biotechnology Regulatory Services determined that the Camelina sativa varieties may be planted and bred in the United States.
- Kaival Brands Innovations Group, Inc. (NASDAQ:KAVL) shares jumped 101.7% to $2.6850 after falling 11% on Wednesday.
- CuriosityStream Inc. (NASDAQ:CURI) rose 63.2% to $2.6850 after the company reported financial results for fourth quarter.
- Portage Biotech Inc. (NASDAQ:PRTG) gained 53.7% to $0.7525.
- Lufax Holding Ltd (NYSE:LU) climbed 41.3% to $4.76 following fourth-quarter results.
- Asset Entities Inc. (NASDAQ:ASST) shares climbed 37% to $0.7173 after the company announced that it entered into an agreement with Zendrop.
- Cazoo Group Ltd (NYSE:CZOO) gained 33% to $4.6475.
- Guess?, Inc. (NYSE:GES) shares rose 23.1% to $31.95 as the company reported better-than-expected fourth-quarter financial results and declared a special dividend of $2.25 per share.
- Nortech Systems Incorporated (NASDAQ:NSYS) surged 22.3% to $13.35 after the company reported fourth-quarter results.
- JOANN Inc. (NASDAQ:JOAN) gained 20.8% to $0.1631.
- Aemetis, Inc. (NASDAQ:AMTX) climbed 18.4% to $4.3238 after the company announced approval by the U.S. Citizenship and Immigration Services for a $200 million of EB-5 program investment for the Riverbank sustainable aviation fuel, production plant, the dairy renewable natural gas project, the carbon sequestration project and energy efficiency upgrades to the Keyes ethanol plant.
- Canoo Inc. (NASDAQ:GOEV) shares gained 16.5% to $3.9712 after gaining around 22% on Wednesday. The US Department of Commerce recently approved its Oklahoma City facility as a Foreign Trade Zone.
- NextNav Inc. (NASDAQ:NN) climbed 15% to $5.55. NextNav 10% owner Joseph D Samberg acquired a total of 483,000 shares an average price of $4.52.
- Micron Technology, Inc. (NASDAQ:MU) climbed 14.7% to $110.37 as the company reported upbeat results for its second quarter and issued strong third-quarter guidance.
- argenx SE (NASDAQ:ARGX) gained 14.4% to $408.38 after myasthenia gravis data from competitors Chugai and Roche fell short of expectations.
- Stem, Inc. (NYSE:STEM) rose 14.3% to $2.2050
- Astera Labs, Inc. (NASDAQ:ALAB) rose 14.2% to $70.81 amid post-IPO volatility.
- Ocugen, Inc. (NASDAQ:OCGN) gained 9.3% to $1.3550.
- Graphjet Technology (NASDAQ:GTI) rose 9.3% to $10.93.
- Anywhere Real Estate Inc. (NYSE:HOUS) surged 9.1% to $5.99.
- LiveWire Group, Inc. (NASDAQ:LVWR) gained 9.1% to $7.44 after gaining 5% on Wednesday.
- Precigen, Inc. (NASDAQ:PGEN) climbed 6.3% to $1.53.
Losers
- Movella Holdings Inc. (NASDAQ:MVLA) shares fell 61.4% to $0.11 after the company announced that it will voluntarily delist from the Nasdaq.
- Tourmaline Bio, Inc. (NASDAQ:TRML) fell 38.4% to $27.50. Tourmaline Bio recently posted a fourth-quarter loss of 81 cents per share.
- Critical Metals Corp. (NASDAQ:CRML) fell 27.2% to $9.48.
- Apyx Medical Corporation (NASDAQ:APYX) dipped 27% to $1.35 following soft FY24 guidance.
- Paltalk, Inc. (NASDAQ:PALT) declined 23.5% to $2.1279. Paltak recently reported a year-over-year decrease in fourth-quarter revenue results.
- Spire Global, Inc. (NYSE:SPIR) fell 23.3% to $13.40 after the company announced a $30 million registered direct offering of 2,142,858 shares at $14.00 per share.
- Lixiang Education Holding Co., Ltd. (NASDAQ:LXEH) dipped 22.9% to $4.00.
- Pyxis Oncology, Inc. (NASDAQ:PYXS) fell 18.4% to $4.43 following fourth-quarter results.
- Intelligent Group Limited (NASDAQ:INTJ) fell 15.7% to $2.7821. Intelligent Group priced initial public offering of 1,875,000 ordinary shares at $4 per share.
- Designer Brands Inc. (NYSE:DBI) fell 15.3% to $9.76 after the company reported fourth-quarter financial results and said its total comparable sales decreased by 7.3%.
- Ontrak, Inc. (NASDAQ:OTRK) shares tumbled 13.9% to $0.2720 after dipping 28% on Wednesday.
- Five Below, Inc. (NASDAQ:FIVE) fell 12.3% to $183.38 after the company reported fourth-quarter financial
- results.
- Direct Digital Holdings, Inc. (NASDAQ:DRCT) dipped 11.1% to $28.25. Direct Digital announced that the earnings call originally scheduled for March 21, 2024 will be postponed to March 26, 2024.
- Biophytis S.A. (NASDAQ:BPTS) fell 11.6% to $0.3971 after surging around 20% on Wednesday.
- Abits Group Inc. (NASDAQ:ABTS) fell 10.2% to $0.7500 after gaining 14% on Wednesday.
- Avinger, Inc. (NASDAQ:AVGR) shares fell 9.7% to $2.98 following fourth-quarter results.
- Titan Machinery Inc. (NASDAQ:TITN) declined 9.6% to $24.28 after the company reported fourth-quarter results.
- Steelcase Inc. (NYSE:SCS) fell 9.4% to $11.82 after the company reported mixed fourth-quarter financial results and issued first-quarter revenue guidance below estimates.
- LexinFintech Holdings Ltd. (NASDAQ:LX) shares tumbled 8.4% to $1.96 following fourth-quarter financial results.
- Li Auto Inc. (NASDAQ:LI) shares declined 7.9% to $31.38 after the company updated its delivery outlook. Li Auto said it now expects first-quarter deliveries of 76,000-78,000 vehicles, down from 100,000-103,000 earlier.
- Academy Sports and Outdoors, Inc. (NASDAQ:ASO) fell 7.1% to $66.20 after the company reported worse-than-expected fourth-quarter financial results and issued FY24 EPS guidance below estimates.
- Accenture plc (NYSE:ACN) fell 6.9% to $354.14 following mixed second-quarter financial results.
- Wearable Devices Ltd. (NASDAQ:WLDS) declined 6.6% to $0.6188 after surging 5% on Wednesday. Wearable Devices recently published a report saying the Mudra Band 'Can Be the Neural Bridge for Apple and Meta in their Next Wave of Smart Glasses Interaction.'
- Darden Restaurants, Inc. (NYSE:DRI) fell 5.3% to $165.27 after the company reported mixed third-quarter results and issued soft 2024 revenue guidance.
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