Why Fluent Shares Are Trading Lower By Around 13%? Here Are Other Stocks Moving In Thursday's Mid-Day Session

Author: Avi Kapoor | May 16, 2024 01:06pm

Shares of Fluent Inc (NASDAQ: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. (NASDAQ:LSDI) shares jumped 239% to $1.75.
• Greenwave Technology Solutions, Inc. (NASDAQ:GWAV) jumped 100% to $0.1196 after jumping around 34% on Wednesday.
• Crown ElectroKinetics Corp. (NASDAQ:CRKN) gained 77.3% to $0.0819 after declining around 3% on Wednesday.
• BM Technologies, Inc. (NASDAQ:BMTX) rose 68% to $2.8850 after the company reported better-than-expected first-quarter financial results.
• TSR, Inc. (NASDAQ:TSRI) shares climbed 65% to $13.13 after the company announced that it entered into a definitive agreement to be acquired by Vienna Parent.
• Pineapple Energy Inc. (NASDAQ: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. (NASDAQ: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. (NASDAQ:FFIE) gained 33.3% to $0.94.
• AST SpaceMobile, Inc. (NASDAQ: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. (NASDAQ:BRSH) gained 30.7% to $0.0949.
• Sintx Technologies, Inc. (NASDAQ:SINT) shares rose 27% to $0.1622 after surging 132% on Wednesday.
• Canada Goose Holdings Inc. (NYSE:GOOS) jumped 23% to $14.10 following better-than-expected fourth-quarter earnings.
• Magnite, Inc. (NASDAQ: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. (NASDAQ:BSFC) gained 17.6% to $0.0760 after adding more than 15% on Wednesday.
• Lightspeed Commerce Inc. (NYSE:LSPD) climbed 15.3% to $14.74 following upbeat quarterly sales.
• Trupanion, Inc. (NASDAQ: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. (NYSE: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. (NASDAQ: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. (NYSE: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. (NASDAQ:EXTR) rose 10.8% to $12.02.
• Walmart Inc. (NYSE:WMT) gained 6.9% to $63.99 following better-than-expected quarterly earnings.
• ZTO Express (Cayman) Inc. (NYSE:ZTO) shares climbed 6% to $22.67 following upbeat quarterly results
• Chubb Limited (NYSE: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.

Losers

• Spire Global, Inc. (NYSE:SPIR) dipped 23.7% to $8.65 after the company reported mixed first-quarter financial results on Wednesday.
• a.k.a. Brands Holding Corp. (NYSE:AKA) shares declined 22.7% to $22.80.
• Eyenovia, Inc. (NASDAQ:EYEN) fell 22% to $0.8291 after the company reported worse-than-expected first-quarter financial results.
• Omeros Corporation (NASDAQ:OMER) fell 21.1% to $3.29 after the company announced a wider-than-expected quarterly loss.
• Reliance Global Group, Inc. (NASDAQ: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 (NASDAQ:TIRX) dipped 17.8% to $2.81.
• Rekor Systems, Inc. (NASDAQ:REKR) declined 16.6% to $1.51 after the company reported worse-than-expected first-quarter financial results.
• Sadot Group Inc. (NASDAQ:SDOT) fell 16.6% to $0.2855 following first-quarter financial results.
• KULR Technology Group, Inc. (NYSE:KULR) shares fell 14.8% to $0.3976 after the company announced worse-than-expected first-quarter financial results.
• AERWINS Technologies Inc. (NASDAQ:AWIN) shares fell 14% to $5.40 after jumping 132% on Wednesday.
• GameStop Corp. (NYSE:GME) shares fell 13.8% to $34.06 after dipping around 19% on Wednesday.
• NICE Ltd. (NASDAQ: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 (NASDAQ:GAMB) fell 9.8% to $7.64 after the company issued first-quarter financial results. Also, the company cut its FY24 revenue guidance below estimates.
• AMC Entertainment Holdings, Inc. (NYSE:AMC) shares declined 9% to $4.9904 after tumbling 20% on Wednesday.
• Petco Health and Wellness Company, Inc. (NASDAQ:WOOF) dipped 8.4% to $2.39. The company recently appointed Glenn Murphy as Executive Chairman of the Board of Directors, effective immediately.
• AdTheorent Holding Company, Inc. (NASDAQ:ADTH) declined 7.4% to $3.1750. AdTheorent reported withdrawal of acquisition proposal from third party.
• Dada Nexus Limited (NASDAQ:DADA) shares fell 7% to $1.8688 following weak quarterly results.
• Coinbase Global, Inc. (NASDAQ:COIN) fell 4.3% to $210.53.

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Posted In: ADTH AKA AMC ASTS AWIN BMTX BRSH BSFC CB COIN CRBG CRKN CYN DADA EXTR EYEN FFIE FLNT GAMB GME