ZNTL - Why Quantum Shares Are Trading Lower By 45%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session | Benzinga
Shares of Quantum Corporation (NASDAQ:QMCO) fell sharply during Tuesday's session after the company reported worse-than-expected FY24 financial results and issued FY25 guidance below estimates.
Quantum shares dipped 44.5% to $0.43 on Tuesday.
Here are some other stocks moving in today’s mid-day session.
Gainers
- Reliance Global Group, Inc. (NASDAQ:RELI) shares jumped 350% to $1.00 after the company issued an update on the pending acquisition of Spetner Associates.
- NLS Pharmaceutics AG (NASDAQ:NLSP) shares rose 166% to $0.3930 after jumping 30% on Monday.
- Actelis Networks, Inc. (NASDAQ:ASNS) climbed 80.9% to $2.08 after the company announced a partnership with Carahsoft Technology Corp.
- Comtech Telecommunications Corp. (NASDAQ:CMTL) rose 65% to $3.5801 after the company announced a new $222 million credit facility.
- Mustang Bio, Inc. (NASDAQ:MBIO) gained 60.6% to $1.2050. Mustang Bio shares jumped 477% on Monday after the company announced safety and efficacy data from the complete Waldenstrom Macroglobulinemia cohort of its Phase 1/2 clinical trial of MB-106, showing an overall response rate of 90% with one patient remaining in complete remission at 31 months.
- Sonoma Pharmaceuticals, Inc. (NASDAQ:SNOA) climbed 39.2% to $0.2342 following fourth-quarter results.
- Silk Road Medical, Inc (NASDAQ:SILK) jumped 23.8% to $26.83 after the company entered a definitive deal to be acquired by Boston Scientific for $27.50 per share.
- Mesa Air Group, Inc. (NASDAQ:MESA) gained 23.7% to $1.3990 following upbeat quarterly earnings.
- Silynxcom Ltd. (NASDAQ:SYNX) gained 20.4% to $3.8826 as the company secured multiple orders from the US Federal and Law Enforcement Organizations of its ...