Why FactSet Research Shares Are Trading Lower By Around 5%? Here Are Other Stocks Moving In Thursday’s Mid-Day Session

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    Shares of FactSet Research Systems Inc. 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. 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. KAVL shares jumped 101.7% to $2.6850 after falling 11% on Wednesday.
    • CuriosityStream Inc. CURI rose 63.2% to $2.6850 after the company reported financial results for fourth quarter.
    • Portage Biotech Inc. PRTG gained 53.7% to $0.7525.
    • Lufax Holding Ltd LU climbed 41.3% to $4.76 following fourth-quarter results.
    • Asset Entities Inc. ASST shares climbed 37% to $0.7173 after the company announced that it entered into an agreement with Zendrop.
    • Cazoo Group Ltd CZOO gained 33% to $4.6475.
    • Guess?, Inc. 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 NSYS surged 22.3% to $13.35 after the company reported fourth-quarter results.
    • JOANN Inc. JOAN gained 20.8% to $0.1631.
    • Aemetis, Inc. 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. 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. 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. 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 ARGX gained 14.4% to $408.38 after myasthenia gravis data from competitors Chugai and Roche fell short of expectations.
    • Stem, Inc. STEM rose 14.3% to $2.2050
    • Astera Labs, Inc. ALAB rose 14.2% to $70.81 amid post-IPO volatility.
    • Ocugen, Inc. OCGN gained 9.3% to $1.3550.
    • Graphjet Technology GTI rose 9.3% to $10.93.
    • Anywhere Real Estate Inc. HOUS surged 9.1% to $5.99.
    • LiveWire Group, Inc. LVWR gained 9.1% to $7.44 after gaining 5% on Wednesday.
    • Precigen, Inc. PGEN climbed 6.3% to $1.53.

    Losers

    • Movella Holdings Inc. MVLA shares fell 61.4% to $0.11 after the company announced that it will voluntarily delist from the Nasdaq.
    • Tourmaline Bio, Inc. TRML fell 38.4% to $27.50. Tourmaline Bio recently posted a fourth-quarter loss of 81 cents per share.
    • Critical Metals Corp. CRML fell 27.2% to $9.48.
    • Apyx Medical Corporation APYX dipped 27% to $1.35 following soft FY24 guidance.
    • Paltalk, Inc. PALT declined 23.5% to $2.1279. Paltak recently reported a year-over-year decrease in fourth-quarter revenue results.
    • Spire Global, Inc. 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. LXEH dipped 22.9% to $4.00.
    • Pyxis Oncology, Inc. PYXS fell 18.4% to $4.43 following fourth-quarter results.
    • Intelligent Group Limited 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. 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. OTRK shares tumbled 13.9% to $0.2720 after dipping 28% on Wednesday.
    • Five Below, Inc. FIVE fell 12.3% to $183.38 after the company reported fourth-quarter financial
    • results.
    • Direct Digital Holdings, Inc. 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. BPTS fell 11.6% to $0.3971 after surging around 20% on Wednesday.
    • Abits Group Inc. ABTS fell 10.2% to $0.7500 after gaining 14% on Wednesday.
    • Avinger, Inc. AVGR shares fell 9.7% to $2.98 following fourth-quarter results.
    • Titan Machinery Inc. TITN declined 9.6% to $24.28 after the company reported fourth-quarter results.
    • Steelcase Inc. 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. LX shares tumbled 8.4% to $1.96 following fourth-quarter financial results.
    • Li Auto Inc. 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. 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 ACN fell 6.9% to $354.14 following mixed second-quarter financial results.
    • Wearable Devices Ltd. 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. DRI fell 5.3% to $165.27 after the company reported mixed third-quarter results and issued soft 2024 revenue guidance.

     

    Now Read This: Jim Cramer Likes Amazon More Than This E-Commerce Platform, Calls Chipotle ‘The King’

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