ZIM - Why ConAgra Brands Shares Are Trading Lower? Here Are Other Stocks Moving In Thursday's Mid-Day Session | Benzinga
Shares of Conagra Brands, Inc. (NYSE:CAG) fell during Thursday's session after the company reported worse-than-expected fourth-quarter sales results and issued FY25 adjusted EPS guidance below estimates.
The company reported adjusted earnings per share of 61 cents, beating the analyst consensus estimate of 57 cents. Quarterly revenues of $2.905 billion missed the street view of $2.930 billion, according to data from Benzinga Pro.
Conagra Brands shares declined 3.9% to $27.70 on Thursday.
Here are some other stocks moving in today’s mid-day session.
Gainers
- Kazia Therapeutics Limited (NASDAQ:KZIA) shares surged 88.6% to $1.26. Kazia Therapeutics, on Wednesday, announced results from GBM-AGILE, a phase II/III study that included an evaluation of paxalisib versus standard of care for patients with glioblastoma.
- Biodexa Pharmaceuticals Plc (NASDAQ:BDRX) shares jumped 78.6% to $1.2698 after the company reported 12-month Phase 2 trial results for eRapa in treating Familial Adenomatous Polyposis.
- Volcon, Inc. (NASDAQ:VLCN) climbed 68.2% to $6.13 in response to a series of buy-sell transactions by UBS Group AG (NYSE:UBS).
- iSpecimen Inc. (NASDAQ:ISPC) jumped 48% to $0.4241.
- Renalytix Plc (NASDAQ:RNLX) gained 35% to $0.4125 after the company announced a collaboration with the Steno Diabetes Center, Copenhagen, to advance translation of precision medicine solutions for patients with Diabetes and Chronic Kidney Disease.
- Blue Star Foods Corp. (NASDAQ:BSFC) shares rose 33.6% to $2.2450 after declining around 5% on Wednesday.
- Cyngn Inc. (NASDAQ:CYN) gained 32.5% to $5.25. Cyngn announced the expansion of its dealer network to include Alta Equipment Group.
- Methode Electronics, Inc. (NYSE:MEI) shares rose 29.4% to $12.22 after the company reported better-than-expected fourth-quarter sales results.
- QuantumScape Corporation (NYSE:QS) ...