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

Author: Avi Kapoor | June 06, 2024 01:39pm

Shares of G-III Apparel Group, Ltd. (NASDAQ:GIII) fell sharply during Thursday's session after the company reported worse-than-expected quarterly sales results.

G-III Apparel Group posted adjusted earnings of 13 cents per share, according to data from Benzinga Pro. The company's quarterly sales came in at $609.747 million, missing market estimates of $616.286 million.

G-III Apparel Group shares dipped 13.4% to $27.12 on Thursday.

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

Gainers

Virax Biolabs Group Limited (NASDAQ:VRAX) shares jumped 139.4% to $2.5390.
American Oncology Network, Inc. (NASDAQ:AONC) gained 102% to $4.52. American Oncology Network expanded radiation oncology services with opening of Low Country Radiation in Waycross, Georgia.
Latam Logistic Properties, S.A. (NYSE:LPA) shares gained 99.2% to $63.01 after dipping around 83% on Wednesday.
Freight Technologies, Inc. (NASDAQ:FRGT) shares climbed 90.4% to $1.1950 after the company said it added 26 new customers and 149 new carriers in 2024.
Aethlon Medical, Inc. (NASDAQ:AEMD) gained 67.7% to $0.7361 after jumping 7% on Wednesday.
China Liberal Education Holdings Limited (NASDAQ:CLEU) rose 42% to $2.04.
iSpecimen Inc. (NASDAQ:ISPC) rose 38.3% to $0.4442 after declining 4% on Wednesday.
Nauticus Robotics, Inc. (NASDAQ:KITT) shares rose 31.5% to $0.1815 after gaining around 20% on Wednesday. Nauticus Robotics, last month, announced a deal with H.C. Wainwright & Co to sell shares under an at-the-market offering.
Pixie Dust Technologies, Inc. (NASDAQ:PXDT) gained 29% to $2.13.
Tungray Technologies Inc. (NASDAQ:TRSG) rose 28.8% to $4.25.
iSpecimen Inc. (NASDAQ:ISPC) gained 27.6% to $0.4097.
Replimune Group, Inc. (NASDAQ:REPL) gained 27.3% to $7.08 as the company announced positive topline primary analysis data by Independent Central Review from IGNYTE clinical trial of RP1 plus nivolumab in anti-PD1 failed melanoma.
Vanda Pharmaceuticals Inc. (NASDAQ:VNDA) gained 26.7% to $6.40 after Cycle Pharmaceuticals confirmed that it made a proposal to buy the company.
Co-Diagnostics, Inc. (NASDAQ:CODX) gained 22.3% to $1.26.
Zoomcar Holdings, Inc. (NASDAQ:ZCAR) shares rose 21.4% to $0.1829 after falling over 4% on Wednesday.
SecureWorks Corp. (NASDAQ:SCWX) climbed 20.3% to $7.04 following upbeat quarterly results.
OneMedNet Corporation (NASDAQ:ONMD) rose 20% to $1.9118 after the company announced that it joined the AWS Partner Network and secured a new iRWD client.
Brenmiller Energy Ltd (NASDAQ:BNRG) climbed 18.8% to $1.30 after the company announced that it signed an exclusive distribution agreement with Rock Energy Storage to sell and distribute its bGen TES systems.
Smartsheet Inc. (NYSE:SMAR) gained 18.8% to $44.90 after the company reported better-than-expected first-quarter financial results and announced an inaugural $150 million share repurchase program.
Chanson International Holding (NASDAQ:CHSN) rose 18.5% to $2.5940.
Virios Therapeutics, Inc. (NASDAQ:VIRI) climbed 18.1% to $0.2550.
Xponential Fitness, Inc. (NYSE:XPOF) gained 18.1% to $11.65.
Motorsport Games Inc. (NASDAQ:MSGM) gained 17.1% to $2.7394. Motorsport Games said it regained compliance with continued listing requirements of Nasdaq Stock Market.
Pharming Group N.V. (NASDAQ:PHAR) rose 13.8% to $8.74.
Halozyme Therapeutics, Inc. (NASDAQ:HALO) gained 10.8% to $50.60 after the company raised its FY24 guidance.
The Toro Company (NYSE:TTC) rose 8% to $85.97 after the company reported better-than-expected second-quarter EPS and sales.
United Natural Foods, Inc. (NYSE:UNFI) gained 7.1% to $14.35. Roth MKM analyst Bill Kirk maintained United Natural Foods with a Neutral and raised the price target from $13 to $14.
Lululemon Athletica Inc. (NASDAQ:LULU) shares climbed 3.5% to $319.05 as the company reported upbeat financial results for its first quarter and authorized a $1 billion increase in its stock repurchase program.

Losers

Actelis Networks, Inc. (NASDAQ:ASNS) shares fell 42.2% to $2.15 after the company announced an agreement for the immediate exercise of certain outstanding warrants for gross proceeds of $3 million.
SeaStar Medical Holding Corporation (NYSE:ICU) declined 33.6% to $0.2350. SeaStar Medical announced a 25-for-1 reverse stock split.
Ventyx Biosciences, Inc. (NASDAQ:VTYX) fell 27% to $3.83 after the company announced preclinical data for its CNS-penetrant NLRP3 inhibitor VTX3232 in murine diet-induced obesity models.
Plutonian Acquisition Corp. (NASDAQ:PLTN) dipped 23.7% to $4.40.
Ryde Group Ltd. (NYSE:RYDE) fell 22.4% to $6.33.
Moving iMage Technologies, Inc. (NYSE:MITQ) fell 22.3% to $0.7757. Moving iMage Technologies was recently awarded a multi-million dollar contract.
Fresh2 Group Limited (NASDAQ:FRES) shares declined 21.1% to $0.4776 after surging over 35% on Wednesday.
Big Lots, Inc. (NYSE:BIG) dipped 20.8% to $2.79 after the company reported worse-than-expected quarterly financial results.
Laird Superfood, Inc. (NYSE:LSF) fell 20.2% to $3.92.
Couchbase, Inc. (NASDAQ:BASE) dipped 20.1% to $17.20 as the company reported first-quarter financial results and issued guidance.
Jowell Global Ltd. (NASDAQ:JWEL) fell 18.8% to $1.8180 after jumping over 98% on Wednesday.
ENDRA Life Sciences Inc. (NASDAQ:NDRA) shares fell 18.1% to $0.1138 after gaining 63% on Wednesday. ENDRA Life Sciences recently announced the pricing of an $8 million public offering.
Asset Entities Inc. (NASDAQ:ASST) fell 18% to $0.4489 after gaining around 25% on Wednesday.
InMed Pharmaceuticals Inc. (NASDAQ:INM) shares fell 17.6% to $0.25 after gaining 5% on Wednesday.
Sprinklr, Inc. (NYSE:CXM) shares fell 17.3% to $8.96 after the company reported its first-quarter financial results and appointed a new co-CEO Wednesday.
Montana Technologies Corporation (NASDAQ:AIRJ) fell 16% to $9.95.
4D Molecular Therapeutics, Inc. (NASDAQ:FDMT) dipped 15.2% to $23.14. The company announced interim clinical data from the 4D-710 Phase 1/2 AEROW clinical trial for the treatment of cystic fibrosis lung disease.
ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) fell 14.7% to $20.30.
LivaNova PLC (NASDAQ:LIVN) fell 11.8% to $52.92 after the company’s RECOVER clinical study did not meet its primary endpoint for the unipolar cohort, though statistical significance was achieved in select secondary endpoints.
Five Below, Inc. (NASDAQ:FIVE) shares declined 10.7% to $118.57 after the company posted downbeat first-quarter results and lowered FY guidance.
Dorian LPG Ltd. (NYSE:LPG) shares fell 9.2% to $45.66 after the company announced a public offering of common shares.
NIO Inc. (NYSE:NIO) fell 7.7% to $4.8650 following worse-than-expected first-quarter earnings.
Vertiv Holdings Co (NYSE:VRT) declined 6.5% to $90.75
Sleep Number Corporation (NASDAQ:SNBR) fell 6.4% to $14.88.
Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) declined 3.8% to $86.42. Ollie’s Bargain posted better-than-expected first-quarter earnings on Wednesday.