BFRI - Why Jabil Shares Are Trading Lower By Over 14%? Here Are Other Stocks Moving In Friday's Mid-Day Session | Benzinga
Shares of Jabil Inc. (NYSE: JBL) fell sharply during Friday’s session after the company reported financial second-quarter results and issued FY25 guidance below estimates.
Jabil posted adjusted earnings of $1.68 per share, beating estimates of $1.66 per share. The company’s quarterly sales came in at $6.77 billion, missing expectations of $6.89 billion.
Jabil shares dipped 14.2% to $126.56 on Friday.
Here are some other stocks moving in today's mid-day session.
Gainers
- Verb Technology Company, Inc. (NASDAQ: VERB) shares jumped 189% to $0.4047. VERB's MARKET.live launched Facebook and Instagram social shopping technology integration.
- Better Therapeutics, Inc. (NASDAQ: BTTX) surged 108% to $0.0728. Better Therapeutics recently said it will seek strategic alternatives and will be delisted from the Nasdaq.
- Jet.AI Inc. (NASDAQ: JTAI) shares climbed 76.7% to $1.1950.
- Cardlytics, Inc. (NASDAQ: CDLX) rose 57.1% to $12.86 after the company reported better-than-expected fourth-quarter earnings.
- American Vanguard Corporation (NYSE: AVD) climbed 25.8% to $13.32 following fourth-quarter financial results.
- Blend Labs, Inc. (NASDAQ: BLND) climbed 24.3% to $2.92 after the company reported fourth-quarter financial results.
- HCM Acquisition Corp (NASDAQ: HCMA) gained 22.8% to $12.00.
- Solidion Technology Inc. (NASDAQ: STI) rose 22.2% to $1.5897. The company announced the pricing of a $3.85 million private placement.
- Tredegar Corporation (NYSE: TG) surged 18% to $4.73 following fourth-quarter financial results.
- BranchOut Food Inc. (NASDAQ: BOF) rose 17.3% to $2.20. BranchOut Food will debut new products at Natural Products Expo West.
- Madrigal Pharmaceuticals, Inc. (NASDAQ: MDGL) rose 16.3% to $283.29 after the company announced FDA approval of Rezdiffra for the treatment of patients with noncirrhotic NASH with moderate to advanced liver fibrosis.
- Secoo Holding Limited (NASDAQ: SECO) gained 16% to $0.5017.
- Direct Digital Holdings, Inc. (NASDAQ: DRCT) jumped 15.1% to $31.81. Roth MKM recently maintained a Buy rating on the stock and raised its price target from $12.50 ...