JOBY - Why Selective Insurance Group Shares Are Trading Lower By Around 15%? Here Are Other Stocks Moving In Friday's Mid-Day Session | Benzinga
Shares of Selective Insurance Group, Inc. (NASDAQ:SIGI) fell sharply during Friday's session following weak quarterly results.
Selective Insurance reported quarterly losses of $1.10 per share which missed the analyst consensus estimate of $1.49 per share. The company reported quarterly sales of $1.196 billion which missed the analyst consensus estimate of $1.204 billion, according to data from Benzinga Pro.
Selective Insurance Group shares dipped 14.8% to $85.40 on Friday.
Here are some other stocks moving in today’s mid-day session.
Gainers
- Augmedix, Inc. (NASDAQ:AUGX) shares jumped 148.8% to $2.28 after the company announced it will be acquired by Commure.
- 60 Degrees Pharmaceuticals, Inc. (NASDAQ:SXTP) climbed 85.7% to $0.4566 after the company signed clinical trial agreements with three planned trial sites for the Tafenoquine Babesiosis study.
- Virpax Pharmaceuticals, Inc. (NASDAQ:VRPX) shares gained 70% to $2.36. Maxim Group analyst Naz Rahman upgraded Virpax Pharmaceuticals from Hold to Buy and announced a price target of $3.
- Serve Robotics Inc. (NASDAQ:SERV) gained 51.3% to $3.98 after gaining over 12% on Thursday.
- Hawaiian Electric Industries, Inc. (NYSE:HE) shares rose 36.1% to $17.35 following a report suggesting the company reached a settlement plan over the Maui wildfires.
- Autonomix Medical, Inc. (NASDAQ:AMIX) gained 34% to $1.83.
- Permianville Royalty Trust (NYSE:PVL) rose 22.7% to $1.4601. Permianville Royalty Trust announced a cash distribution to the holders of its units of beneficial interest of $0.011000 per unit, payable on Aug. 14, 2024 to unitholders of record on July 31, 2024.
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