WOOF - Why American Eagle Outfitters Shares Are Trading Lower? Here Are Other Stocks Moving In Thursday's Mid-Day Session | Benzinga
Shares of American Eagle Outfitters, Inc. (NYSE:AEO) fell during Thursday's session following first-quarter results.
American Eagle Outfitters reported adjusted earnings of 17 cents per share and quarterly revenue of $1.143 billion, up from $1.08 billion from the same period last year, but below the analyst estimate of $1.15 billion, according to data from Benzinga Pro.
American Eagle Outfitters sees second-quarter operating income in a range of $95 million to $100 million and fiscal-year 2024 operating income in a range of $445 million and $465 million.
American Eagle Outfitters shares fell 4.5% to $22.98 on Thursday.
Here are some other stocks moving in today’s mid-day session.
Gainers
- Cue Health Inc. (NASDAQ:HLTH) shares jumped 100.7% to $0.11. Cue Health shares dipped around 40% on Wednesday after the company announced that it filed voluntary petitions under Chapter 7 of the U.S. Bankruptcy Code in the District of Delaware to pursue a wind down of its business.
- Smart for Life, Inc. (NASDAQ:SMFL) shares jumped 57% to $6.14 after gaining around 17% on Wednesday. Smart For Life completed restructuring program, enhancing financial stability.
- Faraday Future Intelligent Electric Inc. (NASDAQ:FFIE) rose 51% to $0.6735. Faraday Future Intelligent Electric recently reported worse-than-expected fiscal year 2023 sales results and withdrew its production target guidance. The company also received a written notice from Nasdaq regarding its failure to timely file the Quarterly Report on Form 10-Q, further impacting investor confidence.
- Latam Logistic Properties, S.A. (NYSE:LPA) gained 61% to $53.35.
- OneMedNet Corporation. (NASDAQ:ONMD) shares climbed 41.5% to $2.7650 after the company announced that it has entered into a non-exclusive three-year Master Services Agreement with an undisclosed U.S.-based medical technology company.
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