Why Fluent Shares Are Trading Lower By Around 13%? Here Are Other Stocks Moving
Shares of Fluent Inc FLNT fell sharply during Thursday’s session after posting weaker-than-expected quarterly results.
Fluent posted adjusted loss of 30 cents per share, versus market expectations for a loss of 10 cents per share. The company’s quarterly sales came in at $65.983 million missing estimates of $66.433 million, according to data from Benzinga Pro.
Fluent shares dipped 12.6% to $3.47 on Thursday.
Here are some other stocks moving in today’s mid-day session.
Gainers
- Lucy Scientific Discovery Inc. LSDI shares jumped 239% to $1.75.
- Greenwave Technology Solutions, Inc. GWAV jumped 100% to $0.1196 after jumping around 34% on Wednesday.
- Crown ElectroKinetics Corp. CRKN gained 77.3% to $0.0819 after declining around 3% on Wednesday.
- BM Technologies, Inc. BMTX rose 68% to $2.8850 after the company reported better-than-expected first-quarter financial results.
- Pineapple Energy Inc. PEGY rose 55% to $0.1355 after gaining around 48% on Wednesday. Pineapple Energy, last week, reported worse-than-expected first-quarter financial results.
- Cyngn Inc. CYN gained 48% to $0.1275 as the company shared several commercial and technological accomplishments from the first quarter of 2024.
- Faraday Future Intelligent Electric Inc. FFIE gained 33.3% to $0.94.
- AST SpaceMobile, Inc. ASTS shares rose 32.6% to $3.1711 as the company reported a narrower-than-expected loss for its first quarter and announced a definitive commercial agreement with AT&T Inc.
- Bruush Oral Care Inc. BRSH gained 30.7% to $0.0949.
- Sintx Technologies, Inc. SINT shares rose 27% to $0.1622 after surging 132% on Wednesday.
- Canada Goose Holdings Inc. GOOS jumped 23% to $14.10 following better-than-expected fourth-quarter earnings.
- Magnite, Inc. MGNI rose 21.6% to $11.91. Needham analyst Laura Martin reiterated Magnite with a Buy and maintained a $15 price target.
- Blue Star Foods Corp. BSFC gained 17.6% to $0.0760 after adding more than 15% on Wednesday.
- Lightspeed Commerce Inc. LSPD climbed 15.3% to $14.74 following upbeat quarterly sales.
- Trupanion, Inc. TRUP rose 14.7% to $32.53 after B of A Securities upgraded the stock from Neutral to Buy and raised its price target from $35 to $49.
- SilverBow Resources, Inc. SBOW gained 14.7% to $37.17 after the company announced that it entered into a definitive agreement to be acquired by Crescent Energy.
- VinFast Auto Ltd. VFS rose 12.8% to $4.79. VinFast received 27,649 pre-orders for the VF 3 in Vietnam after 66 hours of accepting deposits.
- Corebridge Financial, Inc. CRBG gained 12.7% to $34.00 after AIG reached a deal to sell shares of its stock in the company to Nippon Life Insurance.
- Extreme Networks, Inc. EXTR rose 10.8% to $12.02.
- Walmart Inc. WMT gained 6.9% to $63.99 following better-than-expected quarterly earnings.
- ZTO Express (Cayman) Inc. ZTO shares climbed 6% to $22.67 following upbeat quarterly results
- Chubb Limited CB gained 4.1% to $263.28 following an SEC filing showed Berkshire Hathaway purchased shares of the stock. The 13F filing revealed Berkshire Hathaway had purchased 25.92 million Chubb shares valued at over $6.717 billion.
- Spire Global, Inc. SPIR dipped 23.7% to $8.65 after the company reported mixed first-quarter financial results on Wednesday.
- a.k.a. Brands Holding Corp. AKA shares declined 22.7% to $22.80.
- Eyenovia, Inc. EYEN fell 22% to $0.8291 after the company reported worse-than-expected first-quarter financial results.
- Omeros Corporation OMER fell 21.1% to $3.29 after the company announced a wider-than-expected quarterly loss.
- Reliance Global Group, Inc. RELI declined 19.2% to $0.2994. – Reliance Global Group is expected to host a conference call Monday, May 20, to discuss financial results for the first quarter.
- Tian Ruixiang Holdings Ltd TIRX dipped 17.8% to $2.81.
- Rekor Systems, Inc. REKR declined 16.6% to $1.51 after the company reported worse-than-expected first-quarter financial results.
- Sadot Group Inc. SDOT fell 16.6% to $0.2855 following first-quarter financial results.
- KULR Technology Group, Inc. KULR shares fell 14.8% to $0.3976 after the company announced worse-than-expected first-quarter financial results.
- AERWINS Technologies Inc. AWIN shares fell 14% to $5.40 after jumping 132% on Wednesday.
- GameStop Corp. GME shares fell 13.8% to $34.06 after dipping around 19% on Wednesday.
- NICE Ltd. NICE declined 11.8% to $201.01 after the company reported first-quarter financial results. The company issued second-quarter adjusted revenue guidance with its midpoint below estimates.
- Gambling.com Group Limited GAMB fell…
TSR, Inc. TSRI shares climbed 65% to $13.13 after the company announced that it entered into a definitive agreement to be acquired by Vienna Parent.
Losers
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