APLD - Why James Hardie Industries Shares Are Trading Lower By Around 14%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session | Benzinga
Shares of James Hardie Industries plc (NYSE:JHX) fell sharply during Tuesday's session after the company reported worse-than-expected quarterly financial results.
James Hardie Industries posted adjusted earnings of 40 cents per share, missing market expectations of 42 cents per share. The company's quarterly sales came in at $1.005 billion versus estimates of $1.009 billion, according to data from Benzinga Pro.
JP Morgan analyst Al Harvey downgraded James Hardie Industries from Overweight to Neutral.
James Hardie Industries shares dipped 14.3% to $31.36 on Tuesday.
Here are some other stocks moving in today’s mid-day session.
Gainers
- MGO Global, Inc. (NASDAQ:MGOL) shares jumped 194% to $0.6739 after the company posted first-quarter results.
- Mangoceuticals, Inc. (NASDAQ:MGRX) gained 121% to $0.5598 after the company announced the development of oral formulations of Semaglutide and Tirzepatide.
- Biodexa Pharmaceuticals Plc (NASDAQ:BDRX) jumped 87% to $2.3750 after the company presented Phase 2 clinical trial results of its newly-licensed eRapa in familial adenomatous polyposis scheduled for presentation at the 2024 Digestive Disease Week Annual Meeting.
- Meta Materials Inc. (NASDAQ:MMAT) gained 64.4% to $3.78 after the company late Monday announced an update on its investigation into potential naked short selling, which began in June 2023.
- FLJ Group Limited (NASDAQ:FLJ) jumped 60% to $1.2521.
- AgriFORCE Growing Systems Ltd (NASDAQ:AGRI) shares climbed 41% to $0.1814 after jumping over 25% on Monday.
- Edible Garden AG Incorporated (NASDAQ:EDBL) climbed 38.2% to $5.25 after jumping around 9% on Monday. The company, last week, reported first-quarter financial results.
- Complete Solaria, Inc. (NASDAQ:CSLR) gained 35.3% to $1.5828.
- Fangdd Network Group Ltd. (NASDAQ:DUO) surged 28% to $1.4813.
- Onfolio Holdings, Inc. (NASDAQ:ONFO) rose 26% to $0.7801 following first-quarter results.
- Xylo Technologies Ltd. (NASDAQ:XYLO) gained 21.3% to $2.3780. Xylo Technologies announced plans to acquire a leading AI technology company.
- Ault Alliance, Inc. (NYSE:AULT) rose 18% to ...