Why International Flavors & Fragrances Shares Are Trading Lower By Around 8%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session
Shares of International Flavors & Fragrances Inc. (NYSE:IFF) fell during Wednesday’s session after the company reported mixed fourth-quarter financial results and reduced its expected quarterly dividend approximately 50% to 40 cents per share.
International Flavors & Fragrances shares dipped 8.4% to $75.11 on Wednesday.
Here are some other stocks moving in today's mid-day session.
Gainers
- Greenbrook TMS Inc. (NASDAQ:GBNH) climbed 120.8% to $0.4351. Greenbrook TMS raised $2.5 million in debt financing.
- Emergent BioSolutions Inc. (NYSE:EBS) gained 84% to $2.8050. Emergent BioSolutions appointed Joseph Papa as President and CEO, effective Feb. 21, 2024.
- Ventyx Biosciences, Inc. (NASDAQ:VTYX) gained 77.2% to $5.30. Traders circulated unconfirmed analyst comments suggesting co might be the next big weight loss drug citing a new publication showing NLRP3 has significant weight loss similar to GLP-1.
- Sound Group Inc. (NASDAQ:SOGP) shares rose 63.1% to $4.60. Sound Group announced the launch of new AI-powered applications.
- Motus GI Holdings, Inc. (NASDAQ:MOTS) shares rose 59.4% to $1.04 after the company was granted U.S. Patent #11904085 for 'Systems And Methods For Cleaning A Colon.'
- Origin Agritech Limited (NASDAQ:SEED) gained 34% to $3.11. Origin Agritech increased revenue by 77% year-over-year for the fiscal year ended Sep. 30, 2023.
- Gentherm Incorporated (NASDAQ:THRM) shares jumped 24.7% to $61.48 after the company reported better-than-expected fourth-quarter financial results and issued guidance.
- RAPT Therapeutics, Inc. (NASDAQ:RAPT) gained 24% to $8.52.
- Energy Focus, Inc. (NASDAQ:EFOI) shares jumped 23.4% to $1.7050.
- MediaAlpha, Inc. (NYSE:MAX) rose 19% to $18.80 after the company reported better-than-expected fourth-quarter financial results.
- Janux Therapeutics, Inc. (NASDAQ:JANX) gained 18% to $11.75. Janux Therapeutics will host virtual event on Feb. 26th, 2024, at 4:30PM ET to discuss updated clinical data for PSMA-TRACTr JANX007 and EGFR-TRACTr JANX008.
- Iovance Biotherapeutics, Inc. (NASDAQ:IOVA) rose 15.9% to $13.95.
- TPG RE Finance Trust, Inc. (NYSE:TRTX) jumped 12.9% to $6.24 after the company reported fourth-quarter financial results.
- Garmin Ltd.(NYSE:GRMN) rose 12.2% to $137.72 after the company reported fourth-quarter financial results and issued FY24 revenue guidance above estimates, recommended boosting annual dividend and authorized share buyback.
- Select Water Solutions, Inc. (NYSE:WTTR) gained 11.7% to $8.77 following strong earnings.
- The Hackett Group, Inc. (NASDAQ:HCKT) surged 11.2% to $25.48 following upbeat results.
- LivaNova PLC (NASDAQ:LIVN) jumped 8.8% to $57.28 following upbeat earnings.
- EQT Corporation (NYSE:EQT) gained 8.8% to $36.69.
- Wix.com Ltd. (NASDAQ:WIX) gained 8.6% to $136.15 following fourth-quarter results.
- Bausch + Lomb Corporation (NYSE:BLCO) gained 8.6% to $15.84 after reporting quarterly results.
- Wix.com Ltd. (NASDAQ:WIX) gained 8.2% to $135.56 following fourth-quarter results.
- NeoGenomics, Inc. (NASDAQ:NEO) rose 7.4% to $15.78 after the company reported better-than-expected fourth-quarter financial results and issued FY24 adjusted EPS guidance above estimates.
- Toll Brothers, Inc. (NYSE:TOL) gained 6.6% to $110.42 after the company reported better-than-expected first-quarter financial results and issued FY24 EPS guidance above estimates.
Losers
- AtlasClear Holdings, Inc. (NYSE:ATCH) shares tumbled 41% to $1.19.
- Shineco, Inc. (NASDAQ:SISI) dipped 33.4% to $1.53 after gaining around 56% on Tuesday.
- Synchronoss Technologies, Inc. (NASDAQ:SNCR) fell 32.2% to $8.30.
- U Power Limited (NASDAQ:UCAR) dipped 30% to $0.0710 after the company received a delisting notice from the Nasdaq Stock Market due to its ordinary shares’ closing bid price falling below $0.10 for ten consecutive trading days, as per the Low Priced Stocks Rule.
- MoneyHero Limited (NASDAQ:MNY) fell 28% to $2.2259.
- Community Health Systems, Inc. (NYSE:CYH) fell 27.3% to $2.9350 after the company reported fourth-quarter financial results.
- Palo Alto Networks, Inc. (NASDAQ:PANW) shares dipped 26.2% to $270.29 after the company issued third-quarter guidance below estimates.
- Teladoc Health, Inc. (NYSE:TDOC) shares fell 25.3% to $15.31 after the company reported mixed fourth-quarter financial results and issued weak guidance.
- Unisys Corporation (NYSE:UIS) fell 24.5% to $5.88 after the company reported quarterly financial results.
- Pop Culture Group Co., Ltd (NASDAQ:CPOP) fell 21.3% to $5.66 after jumping 171% on Tuesday.
- Amplitude, Inc. (NASDAQ:AMPL) fell 16.6% to $11.73 after the company reported mixed fourth-quarter financial results and issued weak guidance.
- SolarEdge Technologies, Inc. (NASDAQ:SEDG) shares fell 15.7% to $71.20 after the company reported mixed fourth-quarter financial results.
- Matterport, Inc. (NASDAQ:MTTR) shares fell 15.4% to $2.1450 after the company posted weak quarterly sales and issued downbeat forecast.
- Zscaler, Inc. (NASDAQ:ZS) fell 14.8% to $212.15.
- Medifast, Inc. (NYSE:MED) declined 14.3% to $41.95 after the company issued weak guidance.
- Avinger, Inc. (NASDAQ:AVGR) shares fell 14.3% to $4.57 after surging 83% on Tuesday.
- Photronics, Inc. (NASDAQ:PLAB) fell 13% to $27.17 after the company reported first-quarter financial results below estimates.
- Workiva Inc. (NYSE:WK) fell 12.3% to $82.55 following quarterly results.
- Fisker Inc. (NYSE:FSR) fell 11.4% to $0.5582.
- Biofrontera Inc. (NASDAQ:BFRI) shares fell 6.1% to $1.0794. Biofrontera shares jumped 53% on Tuesday after the company announced a private placement of up to $16 million priced at the market per Nasdaq rules.
- Sprout Social, Inc. (NASDAQ:SPT) shares declined 5.4% to $61.01 after the company reported fourth-quarter financial results and issued guidance.
Now Read This: Bitcoin Falls Below $51,000; Starknet Becomes Top Loser