ZCMD - Why SOPHiA GENETICS Shares Are Trading Lower By 19%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session | Benzinga
Shares of SOPHiA GENETICS SA (NASDAQ: SOPH) fell sharply during Tuesday’s session after the company reported worse than expected fourth-quarter earnings and issued 2024 guidance.
Sophia Genetics posted GAAP loss of 37 cents per share, versus market expectations for a loss of 27 cents per share. The company’s quarterly sales came in at $17.05 million, missing estimates of $17.33 million.
SOPHiA GENETICS shares tumbled 19% to $4.55 on Tuesday.
Here are some other stocks moving in today's mid-day session.
Gainers
- Sunshine Biopharma, Inc. (NASDAQ: SBFM) climbed 146.3% to $0.1106 after dipping 19% on Monday. Sunshine Biopharma recently announced closing of $10.0 million underwritten public offering.
- Airship AI Holdings, Inc. (NASDAQ: AISP) climbed 93.3% to $3.16 after the company announced that it has been awarded a contract with the Department of Justice for its Acropolis Enterprise Sensor Management video and data management platform.
- Bruush Oral Care Inc. (NASDAQ: BRSH) surged 42.9% to $0.0686.
- Apogee Therapeutics, Inc. (NASDAQ: APGE) shares jumped 41.6% to $59.10 after the company announced interim results from its Phase 1 healthy volunteer trial for APG777. Also, the company reported FY23 financial results.
- Dave Inc. (NASDAQ: DAVE) gained 39.8% to $30.62 after the company reported a year-over-year increase in fourth-quarter revenue results.
- CareMax, Inc. (NASDAQ: CMAX) rose 38.1% to $10.65.
- Enviva Inc. (NYSE: EVA) gained 26.4% to $0.6571.
- AeroVironment, Inc. (NASDAQ: AVAV) shares surged 24.8% to $163.05 after the company reported better-than-expected results for its fourth quarter. The company said it sees FY24 adjusted earnings of $2.69 to $2.83 per share on revenue of $700 million to $710 million.
- INNOVATE Corp. (NASDAQ: VATE) rose 24.4% to $0.90. The company reported fourth quarter financial results.
- Ocean Biomedical, Inc. (NASDAQ: OCEA) climbed 24.3% to $5.07.
- Paymentus Holdings, Inc. (NYSE: PAY) rose gained 20.3% to $19.67 after the company reported better-than-expected fourth quarter financial results.
- BeyondSpring Inc. (NASDAQ: BYSI) gained 20.1% to $1.97.
- bioAffinity Technologies, Inc. (NASDAQ: BIAF) climbed 19.4% to $2.83. bioAffinity Technologies reported accelerating sales growth of CyPath® Lung.
- XORTX Therapeutics Inc. (NASDAQ: XRTX) gained 18.4% to $4.18.
- Cardio Diagnostics Holdings, Inc. (NASDAQ: CDIO) ...