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Why Compass Minerals International Shares Are Trading Lower By Around 9%? Here Are Other Stocks Moving In Thursday's Mid-Day Session

Published 08/02/2024, 18:07
Updated 08/02/2024, 19:10
© Reuters. Why Compass Minerals International Shares Are Trading Lower By Around 9%? Here Are Other Stocks Moving In Thursday's Mid-Day Session
CMP
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Benzinga - by Avi Kapoor, Benzinga Staff Writer.

Shares of Compass Minerals International, Inc. (NYSE: CMP) fell sharply during Thursday’s session following downbeat results.

Compass Minerals Intl posted quarterly adjusted earnings of 5 cents per share, missing market estimates of 26 cents per share. The company’s quarterly sales came in at $341.70 million versus expectations of $357.90 million.

Compass Minerals International shares fell 9% to $20.52 on Thursday.

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

Gainers

  • Syra Health Corp. (NASDAQ: SYRA) shares jumped 310% to $4.71 after the company announced a partnership for a federal contract valued at $75 billion.
  • Hitek Global Inc. (NASDAQ: HKIT) surged 305% to $4.6220 after jumping more than 60% on Wednesday.
  • MicroAlgo Inc. (NASDAQ: MLGO) shares climbed 160% to $1.48.
  • CCSC Technology International Holdings Limited (NASDAQ: CCTG) shares gained 90.3% to $4.9299 after falling 20% on Wednesday.
  • U Power Limited (NASDAQ: UCAR) climbed 75% to $0.1153. The company appointed Jean Christophe von Pfetten as an independent director and a member of the Board’s Audit Committee, Compensation Committee, and Nominating and Corporate Governance Committee, effective February 1, 2024.
  • WiMi Hologram Cloud Inc. (NASDAQ: WIMI) shares rose 53.3% to $1.2290 after gaining over 26% on Wednesday.
  • Bit Brother Limited (NASDAQ: BETS) shares climbed 51.2% to $2.69 amid strength in Bitcoin.
  • Arm Holdings plc (NASDAQ: ARM) shares climbed 47.3% to $113.41 after the company reported better-than-expected third-quarter financial results and issued FY24 guidance above estimates.
  • Zhongchao Inc. (NASDAQ: ZCMD) rose 41.5% to $0.4250.
  • WeTrade Group, Inc. (NASDAQ: WETG) gained 38.6% to $3.05.
  • Meiwu Technology Company Limited (NASDAQ: WNW) jumped 37% to $1.6205.
  • Healthcare Triangle, Inc. (NASDAQ: HCTI) surged 36% to $3.8250.
  • Oscar Health, Inc. (NYSE: OSCR) shares rose 21.2% to $16.27 after the company reported better-than-expected fourth-quarter financial results.
  • Roma Green Finance Limited (NASDAQ: ROMA) shares gained 20.4% to $0.94 after declining over 5% on Wednesday.
  • Mineralys Therapeutics, Inc. (NASDAQ: MLYS) surged 18.5% to $14.77. Mineralys Therapeutics announced a $120 million private placement financing.
  • Viking Therapeutics, Inc. (NASDAQ: VKTX) rose 17.6% to $28.78 following quarterly results.
  • Bitdeer Technologies Group (NASDAQ: BTDR) climbed 17.6% to $8.34.
  • QuinStreet, Inc. (NASDAQ: QNST) climbed 15.4% to $14.90 following upbeat results.
  • AST SpaceMobile, Inc. (NASDAQ: ASTS) gained 15% to $2.9950. AST SpaceMobile announced a new contract award with United States Government through prime contractor.
  • MicroCloud Hologram Inc. (NASDAQ: HOLO) gained 15% to $20.70 after surging 1,100% on Wednesday. The company announced it planned to join the Communications Industry Association.
  • Monolithic Power Systems, Inc. (NASDAQ: MPWR) rose 14.3% to $737.95 after the company reported better-than-expected quarterly financial results and increased its quarterly cash dividend from $1 to $1.25 per share.
  • Ralph Lauren Corporation (NYSE: RL) rose 12.4% to $165.41 following strong earnings.
  • Advanced Drainage Systems, Inc. (NYSE: WMS) climbed 12.3% to $155.12 after the company reported better-than-expected third-quarter financial results, raised FY24 net sales guidance above estimates and increased its quarterly cash dividend.
  • Belden Inc. (NYSE: BDC) gained 12% to $83.42 following upbeat results.
  • Worthington Steel, Inc. (NYSE: WS) gained 10% to $33.13.
  • The Walt Disney Company (NYSE: DIS) rose 9.5% to $108.54 after the company reported better-than-expected earnings for its first quarter and declared a cash dividend of 45 cents per share. The company announced a new share repurchase program and said it expects fiscal 2024 earnings of roughly $4.60 per share. Disney also announced a $1.5 billion investment in leading video game company Epic Games.
  • Spectrum Brands Holdings, Inc. (NYSE: SPB) gained 9% to $87.18 following better-than-expected quarterly earnings.
  • EverQuote, Inc. (NASDAQ: EVER) gained 8.3% to $14.57. EverQuote is expected to report fourth quarter financial results after the market close on Feb. 26, 2024.
Losers
  • Tenax Therapeutics, Inc. (NASDAQ: TENX) shares fell 64.4% to $5.08 after the company announced the pricing of its $9 million public offering.
  • Bakkt Holdings, Inc. (NYSE: BKKT) fell 34.8% to $0.9442.
  • Phoenix Biotech Acquisition Corp. (NASDAQ: PBAX) fell 32.7% to $4.7272.
  • Yield10 Bioscience, Inc. (NASDAQ: YTEN) fell 29.7% to $0.26 after the company an update on its Omega-3 Camelina program.
  • Cadrenal Therapeutics, Inc. (NASDAQ: CVKD) declined 28% to $0.8147. Cadrenal Therapeutics named Jeff Cole as Chief Operating Officer in advance of Tecarfarin Phase 3 pivotal trial.
  • Solidion Technology Inc. (NASDAQ: STI) fell 24.6% to $1.32.
  • Dynatronics Corporation (NASDAQ: DYNT) dipped 24.4% to $0.5121.
  • MariaDB plc (NYSE: MRDB) shares fell 23.4% to $0.36 after gaining around 95% on Wednesday.
  • 23andMe Holding Co. (NASDAQ: ME) fell 22.7% to $0.56 after the company reported worse-than-expected third-quarter financial results and issued FY24 revenue guidance below estimates.
  • Digital Turbine, Inc. (NASDAQ: APPS) shares dipped 20% to $4.03 after the company reported worse-than-expected third-quarter financial results.
  • Insperity, Inc. (NYSE: NSP) fell 19.4% to $91.12 following quarterly results.
  • Lightspeed Commerce Inc. (NYSE: LSPD) declined 19.4% to $15.78 after the company reported third-quarter financial results.
  • Lumentum Holdings Inc. (NASDAQ: LITE) fell 16.3% to $49.21 following quarterly results.
  • GoPro, Inc. (NASDAQ: GPRO) shares fell 12.9% to $2.5250 following weak sales for the fourth quarter.
  • Mangoceuticals, Inc. (NASDAQ: MGRX) shares dipped 11.4% to $0.3650 after falling 8% on Wednesday.
  • Everest Group, Ltd. (NYSE: EG) fell 10.4% to $344.20 after the company reported mixed fourth-quarter financial results.
  • PayPal Holdings, Inc. (NASDAQ: PYPL) shares declined 10.3% to $56.67. PayPal reported upbeat earnings and sales results for its fourth quarter on Wednesday. However, the company said it expects full-year 2024 adjusted earnings to be in line with full-year 2023 earnings of $5.10 per share.
  • Envista Holdings Corporation (NYSE: NVST) fell 10% to $21.81 following weak earnings.
  • Axcelis Technologies, Inc. (NASDAQ: ACLS) shares tumbled 9.5% to $119.06 after the company reported fourth-quarter financial results.
  • TruGolf Holdings, Inc. (NASDAQ: TRUG) shares fell 9.3% to $1.65 after climbing over 18% on Wednesday.
  • NETGEAR, Inc. (NASDAQ: NTGR) declined 8.6% to $13.08. NETGEAR said it expects first-quarter net revenue of $155 million to $170 million.
  • BorgWarner Inc. (NYSE: BWA) fell 8.4% to $30.98 after it reported fourth-quarter results.
  • CalAmp Corp. (NASDAQ: CAMP) fell 7.8% to $2.36 after dipping 11% on Wednesday.
  • Snap-on Incorporated (NYSE: SNA) fell 7.6% to $272.12 following fourth-quarter results.
  • ThermoGenesis Holdings, Inc. (NASDAQ: THMO) shares declined 7% to $0.78 after jumping over 42% on Wednesday.
  • AstraZeneca PLC (NASDAQ: AZN) fell 5.8% to $62.68 after the company reported worse-than-expected quarterly financial results.

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© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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