Shares of Limbach Holdings, Inc. LMB fell sharply during Thursday’s session after the company reported fourth-quarter financial results and issued FY24 revenue guidance below estimates.
Limbach said it sees FY24 revenue of $510 million to $530 million, versus market estimates of $541.1 million.
Limbach shares dipped 14.7% to $42.42 on Thursday.
Here are some other stocks moving in today's mid-day session.
Gainers
- Aptorum Group Limited APM shares climbed 91% to $8.27.
- Presto Automation Inc. PRST shares jumped 65.2% to $0.3715 after jumping 15% on Wednesday.
- Cheer Holding, Inc. CHR surged 43.3% to $3.77 following full year 2023 financial results.
- WiMi Hologram Cloud Inc. WIMI shares gained 36.9% to $1.5060.
- Turtle Beach Corporation HEAR gained 29.2% to $14.25 after the company announced the acquisition of PDP and its intention to launch a modified "Dutch Auction" Tender Offer. The company also reported fourth-quarter financial results.
- VAALCO Energy, Inc. EGY rose 22% to $5.45 after the company reported better-than-expected fourth-quarter financial results.
- Build-A-Bear Workshop, Inc. BBW gained 15.7% to $29.20 after the company reported better-than-expected fourth-quarter EPS but missed on revenue. Additionally, the company guided FY24 revenue growth on a low-to-mid-single-digit percentage basis.
- Unicycive Therapeutics, Inc. UNCY gained 15% to $1.5980. The company announced a $50 million private placement.
- DICK'S Sporting Goods, Inc. DKS rose 14.8% to $215.70 after the company reported strong fourth-quarter results and issued guidance above consensus estimates.
- Lithium Americas Corp. LAC surged 14.6% to $6.57 after the company announced that it received a conditional commitment from the U.S. Department of Energy for a $2.26 billion loan under the Advanced Technology Vehicles Manufacturing Loan Program for financing the construction of the processing facilities at Thacker Pass in Nevada.
- Auddia Inc. AUUD shares gained 11.5% to $3.07 after falling 6% on Wednesday.
- Impinj, Inc. PI gained 11.5% to $126.53 after the company announced a patent litigation settlement with NXP Semiconductors.
- ShiftPixy, Inc. PIXY gained 9.2% to $3.5501 after gaining over 3% on Wednesday.
- CCSC Technology International Holdings Limited CCTG rose 8.7% to $3.6401 after gaining 14% on Wednesday.
- Eventbrite, Inc. EB surged 8.7% to $5.55. Eventbrite announced a $100 million share repurchase program.
- Perfect Corp. PERF gained 8.6% to $2.8550.
- Robinhood Markets, Inc. HOOD rose 6.3% to $18.24 after the company reported February trading metrics.
- Spero Therapeutics, Inc. SPRO climbed 5.1% to $1.7450 following better-than-expected fourth-quarter financial results.
Losers
- Spruce Biosciences, Inc. SPRB shares dipped 78.5% to $1.1150 after the company reported FY23 financial results. Also, the company announced that the CAHmedlia-203 study of Tildacerfont in adult classic congenital adrenal hyperplasia with severe hyperandrogenemia did not meet its primary efficacy endpoint.
- Better Therapeutics, Inc. BTTX tumbled 78% to $0.0452. Better Therapeutics announced it will seek strategic alternatives and will be delisted from the Nasdaq.
- Fisker Inc. FSR fell 49% to $0.1644 following a Wall Street Journal report suggesting the company is preparing for a possible bankruptcy filing.
- TRACON Pharmaceuticals, Inc. TCON dipped 33.7% to $0.4182.
- Immuneering Corporation IMRX fell 31.6% to $4.02 after the company announced topline results from Phase 1 portion of its Phase 1/2a clinical trial of IMM-1-104 in RAS-mutant solid tumors.
- RCM Technologies, Inc. RCMT dipped 27.9% to $20.74 following weak quarterly sales.
- Katapult Holdings, Inc. KPLT declined 27% to $13.44 following fourth-quarter results.
- Hello Group Inc. MOMO fell 24.1% to $5.82 after the company reported fourth-quarter financial results and issued first-quarter revenue guidance.
- First Wave BioPharma, Inc. FWBI dipped 23.8% to $4.9750. First Wave BioPharma announcec completion of business combination with ImmunogenX.
- Pagaya Technologies Ltd. PGY declined 22.5% to $12.02 after the company commenced an underwritten offering of 6.5 million shares.
- RumbleON, Inc. RMBL fell 21.8% to $5.55 following weak quarterly sales.
- Pangaea Logistics Solutions, Ltd. PANL dipped 20% to $6.62 after the company reported worse-than-expected fourth-quarter financial results.
- Regulus Therapeutics Inc. RGLS tumbled 16.9% to $2.0188.
- Petco Health and Wellness Company, Inc. WOOF fell 16.4% to $2.1050. Baird analyst Justin Kleber maintained Petco Health and Wellness with a Neutral and lowered the price target from $3 to $2.5.
- G-III Apparel Group, Ltd. GIII fell 16.3% to $25.37 following mixed fourth-quarter financial results. The company also issued lower-than-expected revenue and EPS guidance for FY25.
- NextNav Inc. NN fell 15% to $4.7640 after posting a quarterly loss.
- SentinelOne, Inc. S dipped 14.9% to $23.78 after the company reported fourth-quarter financial results and issued guidance.
- Erayak Power Solution Group Inc. RAYA fell 14.5% to $0.8025 after surging 31% on Wednesday.
- Global Gas Corporation HGAS shares fell 13.3% to $2.15 after surging 16% on Wednesday.
- Sunnova Energy International Inc. NOVA declined 12.8% to $4.0540.
- Highest Performances Holdings Inc. PUYI dipped 12.6% to $7.47.
- Under Armour, Inc. UAA dipped 12.6% to $7.07 amid volatility following a CEO transition. Additionally, Williams Trading downgraded the stock from Buy to Hold and announced an $8 price target.
- Vroom, Inc. VRM shares tumbled 11.2% to $15.53 as the company reported a loss of $80.51 per share for the fourth quarter. The company’s quarterly sales came in at $235.92 million which beat the analyst consensus estimate of $232 million.
- Futu Holdings Limited FUTU shares fell 9.5% to $59.17 following fourth-quarter results.
- Madrigal Pharmaceuticals, Inc. MDGL fell 9.1% to $248.09.
- Qilian International Holding Group Limited QLI shares tumbled 8.8% to $0.5921 after surging 18% on Wednesday.
- Affirm Holdings, Inc. AFRM fell 8.3% to $35.56.
- UiPath Inc. PATH fell 6.8% to $22.72 after the company reported fourth-quarter financial results.
- Anheuser-Busch InBev SA/NV BUD shares fell 4.7% to $61.51 after Altria announced its intent to sell a portion of its investment in the company.
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