Why Saia Shares Are Trading Lower? Here Are Other Stocks Moving In Friday's Mid-Day Session

Author: Avi Kapoor | July 26, 2024 01:25pm

Shares of Saia, Inc. (NASDAQ:SAIA) fell sharply during Friday's session after the company reported worse-than-expected second-quarter financial results.

Saia reported quarterly earnings of $3.83 per share which missed the analyst consensus estimate of $4.00 per share. The company reported quarterly sales of $823.24 million which missed the analyst consensus estimate of $826.55 million, according to data from Benzinga Pro.

Saia shares dipped 18.6% to $398.01 on Friday.

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

Gainers

• BurgerFi International, Inc. (NASDAQ:BFI) gained 117.4% to $0.4639 after the company announced it reached a legal settlement agreement with Lion Point Capital. The company agreed to pay $1,350,000 and issue Lion Point 300,000 of preferred stock.
• Windtree Therapeutics, Inc. (NASDAQ:WINT) shares jumped 101.3% to $6.67 after the company filed a request for the withdrawal of its registration statement on a Form S-1.
• Regencell Bioscience Holdings Limited (NASDAQ:RGC) gained 53% to $13.94.
• Coursera, Inc. (NYSE:COUR) shares gained 46.2% to $10.83 after the company beat second-quarter earnings estimates.
• Carbon Revolution Public Limited Company (NASDAQ:CREV) shares climbed 43.3% to $8.84. Carbon Revolution said it will supply the carbon fiber wheels available on the just-revealed Chevrolet Corvette ZR1.
• Everi Holdings Inc. (NYSE:EVRI) rose 41.1% to $12.93 after it entered an agreement to be acquired by funds managed by Apollo affiliates for $14.25 per share in cash.
• Nauticus Robotics, Inc. (NASDAQ:KITT) gained 37% to $4.45.
• Newell Brands Inc. (NASDAQ:NWL) jumped 36.6% to $8.66 on better-than-expected second-quarter earnings and raising FY24 outlook.
• Sangamo Therapeutics, Inc. (NASDAQ:SGMO) gained 35% to $0.9043.
• CEL-SCI Corporation (NYSE:CVM) rose 28% to $1.55 after the company announced results from a bias analysis conducted for its concluded Phase 3 study of Multikine. Multikine cut the 5-year risk of death by half compared to control in its target population.
• AudioEye, Inc. (NASDAQ:AEYE) rose 25% to $24.52 following second-quarter results.
• Pineapple Financial Inc. (NYSE:PAPL) gained 24.4% to $1.1760. Pineapple Financial CSO Christa Lillian Mitchell bought a total of 2,000 shares at an average price of $0.88.
• Douglas Elliman Inc. (NYSE:DOUG) climbed 23% to $1.66.
• CareMax, Inc. (NASDAQ:CMAX) rose 19% to $6.71.
• Liberty Broadband Corporation (NASDAQ:LBRDA) rose 17.6% to $65.16.
• Charter Communications, Inc. (NASDAQ:CHTR) jumped 17% to $368.65 after the company reported better-than-expected second-quarter financial results.
• Mohawk Industries, Inc. (NYSE:MHK) gained 16.5% to $156.70 following mixed second-quarter earnings.
• Karooooo Ltd (NASDAQ:KARO) gained 16% to $33.40. Karooooo announced termination of secondary public offering of ordinary shares due to market conditions.
• 3M Company (NYSE:MMM) climbed 15% to $118.99 after better-than-expected second-quarter financial results and FY24 EPS outlook raise.
• International Game Technology PLC (NYSE:IGT) gained 13.4% to $22.86 after the company entered an agreement for its Gaming & Digital business to be acquired by funds managed by affiliates of Apollo.
• Altice USA, Inc. (NYSE:ATUS) rose 12.1% to $1.76.
• Stardust Power Inc. (NASDAQ:SDST) rose 11% to $15.06.
• Avantor, Inc. (NYSE:AVTR) surged 11% to $25.32 after the company reported better-than-expected second-quarter earnings results.
• Norfolk Southern Corporation (NYSE:NSC) gained 10.7% to $246.86 after the company reported better-than-expected second-quarter earnings results.
• Selina Hospitality PLC (NASDAQ:SLNA) shares gained 10.4% to $0.0415 after falling over 17% on Thursday.
• Viasat, Inc. (NASDAQ:VSAT) rose 9% to $20.58. Viasat announced new reporting segment structure.
• Deckers Outdoor Corporation (NYSE:DECK) shares gained 8.7% to $914.71 as the company reported better-than-expected results for the first quarter. The company said it still expects net sales to increase approximately 10% year-over-year in fiscal year 2025 to $4.7 billion.
• Bristol-Myers Squibb Company (NYSE:BMY) climbed 7.6% to $48.69 following strong second-quarter earnings and increased 2024 guidance.
• Centene Corporation (NYSE:CNC) climbed 7.6% to $72.55 following better-than-expected second-quarter financial results and increased 2024 guidance.
• Columbia Banking System, Inc. (NASDAQ:COLB) rose 7.4% to $25.98 after the company reported better-than-expected quarterly earnings results. Also, multiple firms raised their respective price targets on its stock.
• Aon plc (NYSE:AON) gained 6.8% to $319.30 after the company reported better-than-expected quarterly revenue results.
• Ultra Clean Holdings, Inc. (NASDAQ:UCTT) shares gained 4.7% to $47.26 following better-than-expected quarterly results.

Losers

• NovaBay Pharmaceuticals, Inc. (NYSE:NBY) shares dipped 59.6% to $0.7830 after the company reported pricing of $3.5 million underwritten public offering.
• Tantech Holdings Ltd (NASDAQ:TANH) fell 46.9% to $0.2603.
• Nature’s Miracle Holding Inc (NASDAQ:NMHI) fell 46.4% to $0.2099 after the company announced pricing of $1.2 million public offering.
• DexCom, Inc. (NASDAQ:DXCM) shares declined 40.7% to $63.97 after the company reported worse-than-expected second-quarter revenue results and issued weak FY24 revenue guidance.
• Predictive Oncology Inc. (NASDAQ:POAI) fell 29.6% to $1.3150. Predictive Oncology announced exercise of warrants for $1.26 million gross proceeds.
• ProMIS Neurosciences, Inc. (NASDAQ:PMN) declined 29.2% to $1.5006 as the company reported top-line data from its Phase 1a Alzheimer’s trial and announced up to $122.7 million private placement financing.
• PS International Group Ltd. (NASDAQ:PSIG) dipped 26.1% to $1.53
• Grom Social Enterprises, Inc. (NASDAQ:GROM) fell 23.8% to $0.2751.
• Ocean Power Technologies, Inc. (NASDAQ:OPTT) shares declined 23.2% to $0.3188 after reporting fourth-quarter results.
• Avinger, Inc. (NASDAQ:AVGR) fell 20.2% to $1.30.
• Next Technology Holding Inc. (NASDAQ:NXTT) declined 20.1% to $1.6299.
• Zynex, Inc. (NASDAQ:ZYXI) shares fell 18.9% to $8.27 after the company reported worse-than-expected second-quarter financial results.
• 2U, Inc. (NASDAQ:TWOU) declined 17.6% to $1.24.
• Ur-Energy Inc. (NYSE:URG) shares dipped 13.4% to $1.1250 after the company announced a proposed public offering of common shares.
• BJ’s Restaurants, Inc. (NASDAQ:BJRI) fell 12.6% to $32.53 following quarterly results.
• Booz Allen Hamilton Holding Corporation (NYSE:BAH) declined 11.8% to $135.36 following a first-quarter earnings miss and soft EPS guidance.
• Advent Technologies Holdings, Inc. (NASDAQ:ADN) shares fell 11.2% to $4.40 after gaining 3% on Thursday.
• Tarsus Pharmaceuticals, Inc. (NASDAQ:TARS) fell 9.1% to $25.67.
• World Acceptance Corporation (NASDAQ:WRLD) dipped 7.8% to $134.62 following weak quarterly sales.
• Forward Air Corporation (NASDAQ:FWRD) fell 7.4% to $25.61.
• Olin Corporation (NYSE:OLN) shares declined 7.2% to $44.56 following a second-quarter earnings miss.
• Carter’s, Inc. (NYSE:CRI) shares fell 6.6% to $55.87 following weak quarterly sales.
• Biogen Inc. (NASDAQ:BIIB) declined 6.3% to $213.01 after the European Medicines Agency adopted a negative opinion on the Marketing Authorization Approval for lecanemab.
• Tandem Diabetes Care, Inc. (NASDAQ:TNDM) shares fell 6% to $38.18. Tandem Diabetes Care will release its second quarter results after the closing bell on Thursday, Aug. 1.
• L3Harris Technologies, Inc. (NYSE:LHX) declined 4.6% to $232.05 following second-quarter results.

Now Read This:

• Nvidia, Lockheed Martin And 2 Other Stocks Insiders Are Selling

Posted In: ADN AEYE AON ATUS AVGR AVTR BAH BFI BIIB BJRI BMY CHTR CMAX CNC COLB COUR CREV CRI CVM DECK