BAND - Why AMMO Shares Are Trading Lower By Over 19%? Here Are Other Stocks Moving In Friday's Mid-Day Session | Benzinga
Shares of AMMO, Inc. (NASDAQ:POWW) fell sharply during Friday's session following fourth-quarter results.
AMMO reported a fourth-quarter profit of 1 cent per share, compared to market expectations for a loss of 1 cent per share. The company reported quarterly sales of $40.42 million topping estimates of $37.90 million, according to data from Benzinga Pro.
AMMO shares dipped 19.1% to $2.0306 on Friday.
Here are some other stocks moving in today’s mid-day session.
Gainers
- Kaival Brands Innovations Group, Inc. (NASDAQ:KAVL) shares jumped 345% to $6.06.
- SRIVARU Holding Limited (NASDAQ:SVMH) gained 150% to $0.3852 after the company announced it will begin accepting paid reservations and bookings for its flagship product, the PRANA 2.0, on June 16th.
- CNS Pharmaceuticals, Inc. (NASDAQ:CNSP) surged 42.5% to $5.16.
- FOXO Technologies Inc. (NASDAQ:FOXO) shares gained 29% to $0.3092 after the company announced it entered into share exchange agreements with Rennova Health.
- Jeffs’ Brands Ltd (NASDAQ:JFBR) surged 29% to $0.4528.
- BIMI Holdings Inc. (NASDAQ:BIMI) gained 25.7% to $2.15.
- Longeveron Inc. (NASDAQ:LGVN) rose 23.4% to $3.36.
- OneMedNet Corporation (NASDAQ:ONMD) gained 20% to $1.4599 as the company announced iRWD customer data license agreement with a leading U.S.-based global clinical trial design and software company.
- Can-Fite BioPharma Ltd. (NYSE:CANF) jumped 17.9% to $4.28.
- Disc Medicine, Inc. (NASDAQ:IRON) rose 15.6% to $45.29. Disc Medicine announced a $178 million underwritten offering of 4.944 million shares at $36 per share.
- Adobe Inc. (NASDAQ:ADBE) rose gained 14.3% to $524.39 following better-than-expected second-quarter earnings and strong guidance.
- RenovoRx, Inc. (NASDAQ:RNXT) surged ...