ZTS - Why JPMorgan Shares Are Trading Lower By Around 5%? Here Are Other Stocks Moving In Friday's Mid-Day Session | Benzinga
Shares of JPMorgan Chase & Co. (NYSE: JPM) fell sharply during Friday’s session following first-quarter earnings.
Net revenue (managed) of $42.5 billion (+8% Y/Y), beating the consensus of $41.8 billion. Excluding an item resulted in an increase of $550 million (after tax) to reported net income from $13.4 billion to $14.0 billion and an increase of $0.19 per share to reported EPS from $4.44 to $4.63. EPS was $4.44, beating the consensus of $4.15.
JPMorgan Chase shares dipped 5.1% to $185.49 on Friday.
Here are some other stocks moving in today's mid-day session.
Gainers
- PaxMedica, Inc. (NASDAQ: PXMD) jumped 143% to $1.0101 after the company announced the completed execution of its three pivotal registration/validation batches of PAX-101.
- EZGO Technologies Ltd. (NASDAQ: EZGO) gained 83.3% to $2.86. EZGO entered into a $1.84 million procurement agreement for sale of security patrol robots and platform.
- Allarity Therapeutics, Inc. (NASDAQ: ALLR) shares jumped 58.8% to $3.6550 after dipping 29% on Thursday. Allarity Therapeutics filed prospectus supplement to increase offering price of common stock that may be offered from $1.4 million to $2.4 million.
- Beneficient (NASDAQ: BENF) rose 45.5% to $0.1006 after dipping around 10% on Thursday.
- NextPlat Corp (NASDAQ: NXPL) shares jumped 44% to $2.1799 after the company reported a year-over-year increase in FY23 consolidated revenue results. NextPlat announced a proposed business combination with Progressive Care Inc.
- HUB Cyber Security Ltd. (NASDAQ: HUBC) gained 31.6% to $1.54.
- 9F Inc. (NASDAQ: JFU) surged 25.1% to $3.63.
- Hanryu Holdings, Inc. (NASDAQ: HRYU) surged 25% to $0.51.
- Argan, Inc. (NYSE: AGX) gained 21.5% to $59.97 as the company reported better-than-expected results for its fourth quarter on Thursday.
- Rent the Runway, Inc. (NASDAQ: RENT) gained 19.6% to $23.55. Rent the Runway shares jumped 162% ...