ZLAB - Why Core & Main Shares Are Trading Lower By 11%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session | Benzinga
Shares of Core & Main Inc (NYSE:CNM) fell sharply during Tuesday's session after the company reported mixed first-quarter financial results.
Core & Main posted quarterly earnings of 49 cents per share, missing market expectations of 52 cents per share. The company's quarterly sales came in at $1.74 billion versus estimates of $1.72 billion, according to data from Benzinga Pro.
Core & Main shares dipped 11.4% to $49.77 on Tuesday.
Here are some other stocks moving in today’s mid-day session.
Gainers
- MicroAlgo Inc (NASDAQ:MLGO) shares jumped 284% to 5.99 after the company announced that it will jointly establish a micro-consciousness quantum research center with WiMi.
- Sobr Safe Inc (NASDAQ:SOBR) surged 112% to $0.56 after the company announced SOBRsure device purchases from two new customers.
- Annexon, Inc. (NASDAQ:ANNX) climbed 40% to $6.44 after the company’s Phase 3 trial of ANX005 met its primary endpoint.
- WiMi Hologram Cloud Inc – ADR (NASDAQ:WIMI) shares gained 37.3% to $1.18 after the company announced that the company and MicroAlgo will jointly establish a micro-consciousness quantum research center.
- Core Scientific Inc (NASDAQ:CORZ) shares rose 29% to $6.28. Core Scientific announced the signing of a series of 12-year contracts with CoreWeave, the AI Hyperscaler.
- Oblong Inc (NASDAQ:OBLG) gained 25% to $0.32 after the company announced that it signed a non-binding letter of intent to acquire Dwellwell Analytics.
- Captivision Inc (NASDAQ:CAPT) shares climbed 22.7% to $4.16 after dipping 28% on Monday.
- Marin Software Inc (NASDAQ:MRIN) gained 21.2% to $2.97. Marin Software announced expanded Amazon integration to unlock channel ...