Why Helen of Troy Shares Are Trading Lower By Around 30%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session
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Shares of Helen of Troy Limited (NASDAQ:HELE) fell sharply during Tuesday's session after the company reported soft first-quarter earnings and lowered its FY25 guidance.
Helen of Troy reported quarterly earnings of 99 cents per share which missed the analyst consensus estimate of $1.59. The company reported quarterly sales of $416.85 million which missed the analyst consensus estimate of $446.22 million, according to data from Benzinga Pro.
Helen of Troy shares dipped 30.3% to $62.06 on Tuesday.
Here are some other stocks moving in today’s mid-day session.
Gainers
- Soligenix, Inc. (NASDAQ:SNGX) shares jumped 195% to $5.90 after the company announced interim results for extended HyBryte treatment in early-stage CTCL patients.
- uniQure N.V. (NASDAQ:QURE) shares jumped 55.4% to $5.87 after the company announced updated interim data including up to 24 months of follow-up data from 29 treated patients enrolled in the ongoing U.S. and European Phase I/II clinical trials of AMT-130 for the treatment of Huntington’s disease.
- Pineapple Energy Inc. (NASDAQ:PEGY) gained 54.4% to $1.8550 after the company engaged Conduit Capital to provide structural internal support, staffing, and assistance with capital-raising activities.
- Anew Medical, Inc. (NASDAQ:WENA) rose 40% to $2.0350 after the company announced plans to accelerate its Klotho gene therapy program for neurodegenerative disorders.
- Expensify, Inc. (NASDAQ:EXFY) rose 32% to $1.9150.
- Longeveron Inc. (NASDAQ:LGVN) rose 32% to $2.72. Longeveron said Neha Motwani, a senior healthcare investment banker, has been elected to the Longeveron Board of Directors.
- Zapp Electric Vehicles Group Limited (NASDAQ:ZAPP) shares rose 31.5% to $12.16 after gaining 127% on Monday.
- Silynxcom Ltd. (NASDAQ:SYNX) jumped 29.6% to $3.59 as the company received $500,000 in orders from the Israel Defense Forces.
- Janover Inc. (NASDAQ:JNVR) rose 25% to $0.9666 after the company announced that its AI loan advisor generated over 4,000 deals worth over $25 billion to date in 2024. Also, the company announced it facilitated nearly $10 million in funded loans this year.
- Kymera Therapeutics, Inc. (NASDAQ:KYMR) gained 21.7% to $38.91.
- Jumia Technologies AG (NYSE:JMIA) climbed 20.7% to $10.22 after Benchmark initiated coverage on the stock with a Buy rating and $14 price target.
- Myomo, Inc. (NASDAQ:MYO) gained 20% to $4.9233. Myomo recently issued preliminary second-quarter revenue guidance above estimates.
- ReShape Lifesciences Inc. (NASDAQ:RSLS) climbed 19.8% to $0.2450 after the company announced an all-stock merger with Vyome. Additionally, ReShape will sell its assets to an affiliate of Biorad Medisys for $5.16 million.
- Arlo Technologies, Inc. (NYSE:ARLO) shares rose 14.5% to $15.80 after the company's subscription service surpassed 4 million paid accounts.
- Qilian International Holding Group Limited (NASDAQ:QLI) gained 12.2% to $4.39.
- Larimar Therapeutics, Inc. (NASDAQ:LRMR) rose 9.9% to $9.00.
- Revolution Medicines, Inc. (NASDAQ:RVMD) climbed 9.7% to $43.37.
- Beam Global (NASDAQ:BEEM) shares gained 9.5% to $7.10 after jumping around 18% on Monday. Beam Global recently announced a year-over-year increase in second-quarter new orders.
- Cirrus Logic, Inc. (NASDAQ:CRUS) gained 4.4% to $136.15. Keybanc analyst John Vinh maintained Cirrus Logic with an Overweight and raised the price target from $120 to $155.
Losers
- China Liberal Education Holdings Limited (NASDAQ:CLEU) shares declined 41% to $0.3350.
- Indivior PLC (NASDAQ:INDV) shares dipped 35.3% to $9.93 after the company lowered its FY24 guidance.
- Globavend Holdings Limited (NASDAQ:GVH) fell 32.5% to $0.5555.
- Shapeways Holdings, Inc. (NASDAQ:SHPW) fell 30.8% to $0.3376 after jumping 132% on Monday.
- Qualigen Therapeutics, Inc. (NASDAQ:QLGN) fell 21.5% to $0.2201.
- Clene Inc. (NASDAQ:CLNN) fell 17.8% to $0.2852. Clene announced a 1-for-20 reverse stock split effective July 11, 2024.
- Novo Integrated Sciences, Inc. (NASDAQ:NVOS) shares fell 16.4% to $0.6315.
- Greenlane Holdings, Inc. (NASDAQ:GNLN) shares fell 15.8% to $0.2436 after gaining 5% on Monday.
- Novo Integrated Sciences, Inc. (NASDAQ:NVOS) declined 15.7% to $0.6359.
- Tonix Pharmaceuticals Holding Corp. (NASDAQ:TNXP) fell 15.6% to $0.6010 after the company announced pricing of approximately $4.0 million public offering.
- Assure Holdings Corp. (NASDAQ:IONM) fell 15.4% to $4.83.
- Applied Digital Corporation (NASDAQ:APLD) declined 14.5% to $6.11. Applied Digital said it sees fourth-quarter revenue of $41.7 million to $43.7 million versus estimates of $52.36 million.
- Helios Technologies, Inc. (NYSE:HLIO) shares declined 13.4% to $40.10 after the company announced leadership team update. The company named Sean Bagan as Interim President and CEO.
- Hywin Holdings Ltd – ADR (NASDAQ:HYW) shares fell 10.2% to $0.35 after jumping over 25% on Monday.
- Cryoport, Inc. (NASDAQ:CYRX) shares declined 8.9% to $5.78.
- Logistic Properties of the Americas (NYSE:LPA) dipped 8.6% to $9.01.
- NWTN Inc. (NASDAQ:NWTN) fell 7.5% to $1.22.
- Albemarle Corporation (NYSE:ALB) fell 7.1% to $92.10. Baird analyst Ben Kallo maintained Albemarle with an Outperform and lowered the price target from $170 to $127.
- ChargePoint Holdings, Inc. (NYSE:CHPT) declined 7% to $1.7285.
- Heartland Express, Inc. (NASDAQ:HTLD) fell 6.3% to $11.43. JP Morgan analyst Brian Ossenbeck downgraded Heartland Express from Neutral to Underweight and lowered the price target from $12 to $10.
- UiPath Inc. (NYSE:PATH) fell 6% to $12.05 after the company announced it plans restructuring actions to manage its operating expenses that includes a 10% workforce reduction.
- BP p.l.c. (NYSE:BP) shares fell 4.3% to $34.99 after the company disclosed the trading update for the second quarter of FY24, with oil trading results expected to be weak after a strong first quarter.
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