Shares of International Flavors & Fragrances Inc. (NYSE: IFF) fell during Wednesday’s session after the company reported mixed fourth-quarter financial results and reduced its expected quarterly dividend approximately 50% to 40 cents per share.
International Flavors & Fragrances shares dipped 8.4% to $75.11 on Wednesday.
Here are some other stocks moving in today's mid-day session.
Gainers
- Greenbrook TMS Inc. (NASDAQ: GBNH) climbed 120.8% to $0.4351. Greenbrook TMS raised $2.5 million in debt financing.
- Emergent BioSolutions Inc. (NYSE: EBS) gained 84% to $2.8050. Emergent BioSolutions appointed Joseph Papa as President and CEO, effective Feb. 21, 2024.
- Ventyx Biosciences, Inc. (NASDAQ: VTYX) gained 77.2% to $5.30. Traders circulated unconfirmed analyst comments suggesting co might be the next big weight loss drug citing a new publication showing NLRP3 has significant weight loss similar to GLP-1.
- Sound Group Inc. (NASDAQ: SOGP) shares rose 63.1% to $4.60. Sound Group announced the launch of new AI-powered applications.
- Motus GI Holdings, Inc. (NASDAQ: MOTS) shares rose 59.4% to $1.04 after the company was granted U.S. Patent #11904085 for 'Systems And Methods For Cleaning A Colon.'
- Origin Agritech Limited (NASDAQ: SEED) gained 34% to $3.11. Origin Agritech increased revenue by 77% year-over-year for the fiscal year ended Sep. 30, 2023.
- Gentherm Incorporated (NASDAQ: THRM) shares jumped 24.7% to $61.48 after the company reported better-than-expected fourth-quarter financial results and issued guidance.
- RAPT Therapeutics, Inc. (NASDAQ: RAPT) gained 24% to $8.52.
- Energy Focus, Inc. (NASDAQ: EFOI) shares jumped 23.4% to $1.7050.
- MediaAlpha, Inc. (NYSE: MAX) rose 19% to $18.80 after the company reported better-than-expected fourth-quarter financial results.
- Janux Therapeutics, Inc. (NASDAQ: