MTC - Why Etsy Shares Are Trading Lower By Around 8%? Here Are Other Stocks Moving In Thursday's Mid-Day Session | Benzinga
Shares of Etsy, Inc. (NASDAQ: ETSY) fell sharply during Thursday’s session after the company reported mixed fourth-quarter financial results.
Etsy reported quarterly earnings of 62 cents per share which missed the analyst consensus estimate of 78 cents. The company reported quarterly sales of $842.3 million, beating the analyst consensus estimate of $827.81 million.
Etsy shares dipped 7.5% to $71.34 on Thursday.
Here are some other stocks moving in today's mid-day session.
Gainers
- La Rosa Holdings Corp. (NASDAQ: LRHC) shares jumped 160.7% to $3.6499 after the company said it has acquired a 100% interest in the Company's franchisee - La Rosa Realty Winter Garden LLC located in Winter Garden, Florida.
- BuzzFeed, Inc. (NASDAQ: BZFD) jumped 91.4% to $0.4150 after the company revealed the sale of Complex Networks to NTWRK, a live-streaming video commerce platform. The deal, valued at $108.6 million, will also result in a 16% reduction in BuzzFeed’s workforce.
- Monopar Therapeutics Inc. (NASDAQ: MNPR) rose 80.7% to $1.03 after the company disclosed promising preclinical data for its MNPR-101 radiopharma program targeting advanced cancers.
- Root, Inc. (NASDAQ: ROOT) shares gained 40.8% to $12.21 after posting better-than-expected fourth-quarter results.
- Novavax, Inc. (NASDAQ: NVAX) jumped 34.7% to $5.36. Novavax has reached a settlement related to the 2021 advance purchase agreement for Novavax's prototype Covid-19 vaccine (NVX-COV2373).
- EZFill Holdings Inc. (NASDAQ: EZFL) rose 34.3% to $1.86. EzFill announced preliminary 2023 revenues of $23 million, up 54% year over year.
- Mercurity Fintech Holding Inc. (NASDAQ: MFH) jumped 30% to $2.93.
- Mativ Holdings, Inc. (NYSE: MATV) gained 27.6% to $15.00 following upbeat earnings.
- Venus Concept Inc. (NASDAQ: VERO) shares climbed 26.9% to $1.6242 after the company received CE Mark from DEKRA Certification B.V. to market Venus Versa Pro in Europe.
- Outset Medical, Inc. (NASDAQ: OM) gained 26% to $4.0680 following upbeat results.
- Ocular Therapeutix, Inc. (NASDAQ: OCUL) rose 22.2% to $9.19 after announcing a $325.0 million private ...