WSM - Why XP Shares Are Trading Lower By Around 12%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session | Benzinga
Shares of XP Inc. (NASDAQ:XP) fell sharply during Wednesday's session after the company reported worse-than-expected first-quarter EPS results.
XP posted quarterly earnings of 37 cents per share, missing market estimates of 40 cents per share. The company's quarterly sales came in at $818.79 million versus expectations of $784.08 million, according to data from Benzinga Pro.
XP shares dipped 11.5% to $18.99 on Wednesday.
Here are some other stocks moving in today’s mid-day session.
Gainers
- Akoustis Technologies, Inc. (NASDAQ:AKTS) shares climbed 213.3% to $0.4254 after the company reportedly floated the probability of bankruptcy after losing a lawsuit against Qorvo.
- Barnes & Noble Education, Inc. (NYSE:BNED) gained 119.7% to $1.1883 on continued volatility. Greenhaven last week said it continues to explore a possible transaction with the company.
- Binah Capital Group, Inc. (NASDAQ:BCG) gained 58.7% to $4.27.
- Siyata Mobile Inc. (NASDAQ:SYTA) jumped 56% to $3.70 after the company announced the expansion of its SD7 rollout at Baha Mar Resort.
- BuzzFeed, Inc. (NASDAQ:BZFD) shares gained 48.2% to $3.71 after Vivek Ramaswamy disclosed a 7.7% stake in the company.
- Oblong, Inc. (NASDAQ:OBLG) rose 36% to $0.2300.
- Mustang Bio, Inc. (NASDAQ:MBIO) shares gained 27% to $0.3951 after falling over 8% on Tuesday.
- DermTech, Inc. (NASDAQ:DMTK) rose 26% to $0.44.
- IGM Biosciences, Inc. (NASDAQ:IGMS) jumped 24% to $10.44.
- Petco Health and Wellness Company, Inc. (NASDAQ:WOOF) gained 23% to $3.0201 following better-than-expected quarterly financial results.
- FREYR Battery, Inc. (NYSE:FREY) gained 22.8% to $2.42 after the company issued an operations update.
- CureVac N.V. (NASDAQ:CVAC) jumped 20.3% to $3.9604.
- Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN) rose 20% to $3.2601. Maxeon Solar Technologies announced Nasdaq notification of ...