Shares of Daktronics, Inc. (NASDAQ: DAKT) moved lower during Tuesday’s session following weak quarterly results.
Daktronics posted quarterly earnings of 5 cents per share, missing market estimates of 13 cents per share. The company’s quarterly sales came in at $199.37 million versus expectations of $213.70 million, according to Benzinga Pro.
Daktronics shares declined 10.7% to $9.15 on Tuesday.
Here are some other stocks moving in today's mid-day session.
Gainers
- Meiwu Technology Company Limited (NASDAQ: WNW) shares climbed 80.6% to $0.13.
- Volato Group, Inc. (NYSE: SOAR) shares gained 72% to $15.13.
- Clearmind Medicine Inc. (NASDAQ: CMND) jumped 62.6% to $6.23 after the company announced results in its cocaine addiction treatment.
- Allarity Therapeutics, Inc. (NASDAQ: ALLR) climbed 46.9% to $0.8946 after the company announced initial results from its ongoing Phase 2 clinical trial evaluating the efficacy of stenoparib in women with advanced ovarian cancer.
- Nxu, Inc. (NASDAQ: NXU) gained 30% to $0.0361 after gaining 29% on Monday. NXU named Sarah Wyant as interim CFO, succeeding Apoorv Dwivedi.
- XBP Europe Holdings, Inc. (NASDAQ: XBP) surged 24.7% to $47.40.
- Travere Therapeutics, Inc. (NASDAQ: TVTX) gained 24% to $7.80. Travere completed successful pre-NDA meeting for FILSPARI in IgAN. Citigroup upgraded Travere Therapeutics from Neutral to Buy and raised the price target from $7 to $10.
- Harbor Custom Development, Inc. (NASDAQ: HCDI) climbed 19.4% to $1.29.
- Mercurity Fintech Holding Inc. (NASDAQ: MFH) surged 17% to $1.3806. Mercurity Fintech announced a $6 million private placement financing.
- Heart Test Laboratories, Inc. (NASDAQ: HSCS) ...