Why Las Vegas Sands Shares Are Trading Lower By Around 7%? Here Are Other Stocks Moving In Thursday's Mid-Day Session
Shares of Las Vegas Sands Corp. (NYSE:LVS) fell sharply during Thursday's session despite better-than-expected first-quarter results.
The company reported quarterly adjusted earnings of 75 cents per share which beat the analyst consensus estimate of 62 cents and represented a 167.86% increase from the same period last year. Quarterly sales clocked in at $2.96 billion which beat the analyst consensus estimate of $2.94 billion and is a 39.58% increase over sales of $2.12 billion from the same quarter last year, according to data from Benzinga Pro.
Las Vegas Sands shares dipped 6.8% to $46.81 on Thursday.
Here are some other stocks moving in today’s mid-day session.
Gainers
- AGBA Group Holding Limited (NASDAQ:AGBA) shares jumped 148% to $0.9898 after the company announced it entered into a definitive merger agreement with Triller.
- Tian Ruixiang Holdings Ltd (NASDAQ:TIRX) jumped 106% to $1.0012 after gaining around 8% on Wednesday.
- Bio-Path Holdings, Inc. (NASDAQ:BPTH) gained 77.7% to $5.74 after the company announced the completion of its second dose cohort in Phase 1/1b clinical trial of BP1002 evaluating the ability of BP1002 to treat refractory/relapsed acute myeloid leukemia patients.
- Sintx Technologies, Inc. (NASDAQ:SINT) rose 51% to $0.0560.
- 23andMe Holding Co. (NASDAQ:ME) gained 44% to $0.5035 after CEO Anne Wojcicki said she is considering a proposal to take the company private.
- Expion360 Inc. (NASDAQ:XPON) gained 42.5% to $2.75. Expion360 announced ‘substantial’ preorders of its Group 27 and GC2 now featuring Vertical Heat Conduction™ Heating Technology.
- Vertex Energy, Inc. (NASDAQ:VTNR) rose 31% to $1.2901.
- Aileron Therapeutics, Inc. (NASDAQ:ALRN) jumped 29.4% to $5.50. Ladenburg Thalmann analyst Aydin Huseynov maintained Aileron Therapeutics with a Buy and raised the price target from $9 to $19.
- MicroCloud Hologram Inc. (NASDAQ:HOLO) gained 26.5% to $2.8350.
- TH International Limited (NASDAQ:THCH) shares surged 26.4% to $1.3190 after the company reported a year-over-year increase in fourth-quarter financial results.
- Tiziana Life Sciences Ltd (NASDAQ:TLSA) gained 20.1% to $0.6160. Tiziana Life Sciences announced new quantitative PET imaging data on Foralumab at Meeting of American Academy of Neurology.
- Smith Micro Software, Inc. (NASDAQ:SMSI) climbed 18.7% to $2.3150.
- Warrantee Inc. (NASDAQ:WRNT) rose 15.8% to $0.3745.
- Badger Meter, Inc. (NYSE:BMI) gained 11.8% to $171.06 after the company reported better-than-expected first-quarter results.
- Genuine Parts Company (NASDAQ:GPC) rose 11.1% to $160.05 after the company reported a first-quarter EPS beat and raised its FY24 guidance.
- Barnes Group Inc. (NYSE:B) gained 8.8% to $36.31. DA Davidson analyst Matt Summerville upgraded Barnes from Neutral to Buy and raised the price target from $35 to $45.
- Apogee Enterprises, Inc. (NASDAQ:APOG) climbed 8.1% to $60.42 following upbeat quarterly earnings.
Losers
- iLearningEngines Holdings, Inc. (NASDAQ:AILE) shares dipped 29.8% to $7.02.
- SuperCom Ltd. (NASDAQ:SPCB) fell 28.4% to $0.2574. SuperCom announced pricing of $2.9 million registered direct offering.
- Edible Garden AG Incorporated (NASDAQ:EDBL) shares fell 28.6% to $4.75. Edible Garden recently reported a year-over-year increase in preliminary first-quarter revenues.
- Lithium Americas Corp. (NYSE:LAC) fell 28% to $4.7750 after the company priced a $275 million public offering.
- Beneficient (NASDAQ:BENF) fell 27.5% to $4.1920.
- NRx Pharmaceuticals, Inc. (NASDAQ:NRXP) fell 27.1% to $3.04. NRx Pharmaceuticals announced pricing of $2 million underwritten public offering of common stock at a public offering price of $3.30 per share.
- Kartoon Studios Inc (NASDAQ:TOON) fell 25.3% to $1.1050 as the company announced pricing of up to $7 million registered direct offering of common stock.
- INVO Bioscience, Inc. (NASDAQ:INVO) declined 24.4% to $1.3750. INVO BioScience recently reported a year-over-year increase in fourth-quarter revenue results.
- Windtree Therapeutics, Inc. (NASDAQ:WINT) fell 24.4% to $0.2994. Windtree Therapeutics announced a 1-for-18 reverse stock split effective April 22.
- NRx Pharmaceuticals, Inc. (NASDAQ:NRXP) fell 24.1% to $3.17. NRx Pharmaceuticals announced pricing of $2 million underwritten public offering of common stock at a public offering price of $3.30 per share.
- WiSA Technologies, Inc. (NASDAQ:WISA) fell 24.2% to $7.01.
- SolarMax Technology, Inc. (NASDAQ:SMXT) dipped 11.2% to $8.53. SolarMax Technology recently reported fiscal year 2023 results.
- Ocular Therapeutix, Inc. (NASDAQ:OCUL) fell 10.5% to $6.79. Ocular Therapeutix reported topline Phase 1 data for AXPAXLI in diabetic retinopathy.
- Primerica, Inc. (NYSE:PRI) fell 8.6% to $193.38 following a report from The Bear Cave.
- Synovus Financial Corp. (NYSE:SNV) shares declined 6.7% to $34.17 as the company posted weaker-than-expected results for its first quarter.
- Equifax Inc. (NYSE:EFX) fell 6.2% to $223.07 after the company reported worse-than-expected first-quarter sales results and issued adjusted guidance below estimates.
- Snap-on Incorporated (NYSE:SNA) shares fell 5.5% to $267.96 following weak quarterly sales.
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