WNS - Why Skechers Shares Are Trading Lower By Around 7%? Here Are Other Stocks Moving In Friday's Mid-Day Session | Benzinga
Shares of Skechers U.S.A., Inc. (NYSE: SKX) shares fell during Friday’s session after the company reported mixed fourth-quarter financial results.
Skechers said fourth-quarter revenue increased 4.4% year-over-year to $1.96 billion, which missed the consensus estimate of $2.03 billion, according to Benzinga Pro. The company reported quarterly earnings of 56 cents per share, which beat analyst estimates of 54 cents per share.
Skechers shares fell 6.9% to $59.21 on Friday.
Here are some other stocks moving in today's mid-day session.
Gainers
- Intelligent Bio Solutions Inc. (NASDAQ: INBS) shares jumped 77.6% to $4.28. Intelligent Bio Solutions said it sees preliminary second-quarter revenue of $0.76 million.
- Minim, Inc. (NASDAQ: MINM) shares rose 34.4% to $6.76 after gaining more than 22% on Thursday.
- Remark Holdings, Inc. (NASDAQ: MARK) shares climbed 33% to $0.6802.
- Kopin Corporation (NASDAQ: KOPN) jumped 30% to $2.4050.
- BioRestorative Therapies, Inc. (NASDAQ: BRTX) rose 26.3% to $2.73.
- Mountain Crest Acquisition Corp. IV (NASDAQ: MCAF) gained 23% to $14.65.
- Tyra Biosciences, Inc. (NASDAQ: TYRA) gained 21.8% to $15.84. Tyra Biosciences announced a $200 million private placement financing.
- Meta Platforms, Inc. (NASDAQ: META) rose 18.9% to $469.34 as the company reported upbeat fourth-quarter financial results and initiated a quarterly dividend of 50 cents per share.
- CCSC Technology International Holdings Limited (NASDAQ: CCTG) gained 18.2% to $4.6099 after dipping around 82% on Thursday.
- Roma Green Finance Limited (NASDAQ: ROMA) gained 15.8% to $0.8697 after gaining around 5% on Thursday.
- Deckers Outdoor Corporation (NYSE: DECK) surged 14% to $879.03 after reporting better-than-expected third-quarter financial results.
- Trugolf, Inc. (NASDAQ: TRUG) shares jumped 14% to ...