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Shares of Cracker Barrel Old Country Store, Inc. fell sharply during Friday's session after the company reduced its dividend and said it expects third-quarter and fourth-quarter results below its prior expectations.
Cracker Barrel Old Country Store shares dipped 14.4% to $49.01 on Friday.
Here are some other stocks moving in today’s mid-day session.
Gainers
Losers
Now Read This: Jim Cramer Recommends Buying This Sports Betting Company’s Stock: ‘I Think It’s Terrific‘
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Shares of Doximity, Inc. rose sharply in today's pre-market trading reported stronger-than-expected financial results for the fourth quarter on Thursday.
Doximity's fourth-quarter revenue increased 6% year-over-year to $118.1 million, which beat the consensus estimate of $116.4 million, according to Benzinga Pro. The company reported adjusted earnings of 25 cents per share, beating analyst estimates of 20 cents per share.
The company said it expects first-quarter revenue to be between $119.5 million and $120.5 million versus estimates of $119.23 million.
Doximity shares jumped 13.7% to $27.00 in the pre-market trading session.
Here are some other stocks moving in pre-market trading.
Gainers
Losers
Now Read This: Applied Materials, RBC Bearings And 3 Stocks To Watch Heading Into Friday
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Shares of Fluent Inc fell sharply during Thursday's session after posting weaker-than-expected quarterly results.
Fluent posted adjusted loss of 30 cents per share, versus market expectations for a loss of 10 cents per share. The company's quarterly sales came in at $65.983 million missing estimates of $66.433 million, according to data from Benzinga Pro.
Fluent shares dipped 12.6% to $3.47 on Thursday.
Here are some other stocks moving in today’s mid-day session.
Gainers
Losers
Now Read This: Top 5 Utilities Stocks You May Want To Dump In May
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
U.S. stocks traded slightly higher this morning on Thursday.
Following the market opening Thursday, the Dow traded up 0.01% to 39,913.23 while the NASDAQ rose 0.06% to 16,753.07. The S&P 500 also rose, gaining, 0.06% to 5,311.26.
Check This Out: Oklo Is ‘Too Risky,’ Jim Cramer Says: Buy This General Electric Spinoff Instead
Leading and Lagging Sectors
Consumer staples shares rose by 1.1% on Thursday.
In trading on Thursday, materials shares fell by 0.4%.
Top Headline
U.S. initial jobless claims declined by 10,000 to 222,000 in the week ending May 11, compared to market estimates of 220,000.
Equities Trading UP
Equities Trading DOWN
Also Check This Out: Over $1M Bet On This Healthcare Stock? Check Out These 3 Stocks Insiders Are Buying
Commodities
In commodity news, oil traded up 1.3% to $79.68 while gold traded down 0.7% at $2,377.70.
Silver traded down 0.4% to $29.605 on Thursday, while copper fell 1.3% to $4.8595.
Euro zone
European shares were mostly lower today. The eurozone's STOXX 600 slipped 0.06%, Germany's DAX fell 0.5% and France's CAC 40 fell 0.4%. Spain's IBEX 35 Index fell 0.18%, while London's FTSE 100 rose 0.1%.
Italy reported a trade surplus of EUR 4.341 billion in March, versus a year-ago surplus of EUR 3.327 billion. The annual inflation rate in Italy slowed to 0.8% in April versus 1.2% a month ago.
Asia Pacific Markets
Asian markets closed higher on Thursday, with Japan's Nikkei gaining 1.39%, China's Composite Index climbing 1.59%, Hong Kong's Hang Seng Index gaining 0.08% and India's S&P BSE Sensex gaining 0.7%.
Industrial production in Japan rose by 4.4% month-over-month in March following a 0.6% decline in the earlier month. Japan's economy shrank by 2.0% in the first quarter, versus market expectations for a 1.5% decline.
Economics
Now Read This: Top 5 Utilities Stocks You May Want To Dump In May
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Shares of Jabil Inc. fell sharply during Friday’s session after the company reported financial second-quarter results and issued FY25 guidance below estimates.
Jabil posted adjusted earnings of $1.68 per share, beating estimates of $1.66 per share. The company’s quarterly sales came in at $6.77 billion, missing expectations of $6.89 billion.
Jabil shares dipped 14.2% to $126.56 on Friday.
Here are some other stocks moving in today's mid-day session.
Gainers
Losers
Now Read This: Ethereum Falls Below $3,700; Bitcoin SV, Injective Among Top Losers
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
U.S. stocks traded lower this morning, with the Nasdaq Composite falling more than 100 points on Friday.
Following the market opening Friday, the Dow traded down 0.28% to 38,797.24 while the NASDAQ fell 0.67% to 16,020.07. The S&P 500 also fell, dropping, 0.58% to 5,120.59.
Check This Out: Top 5 Industrials Stocks That May Fall Off A Cliff In Q1
Leading and Lagging Sectors
Energy shares jumped by 0.6% on Friday.
In trading on Friday, information technology shares fell by 1.2%.
Top Headline
Hibbett Inc reported downbeat fourth-quarter sales and issued weak guidance.
Hibbett reported fourth-quarter FY24 sales growth of 1.8% year-on-year to $466.59 million, missing the analyst consensus estimate of $477.49 million. EPS of $2.55 missed the consensus estimate of $2.56.
Hibbett expects FY25 sales to be flat to up 2%, with EPS of $8.00 – $8.75 versus the consensus of $8.82.
Equities Trading UP
Verb Technology Company, Inc. shares shot up 156% to $0.3580. VERB's MARKET.live launched Facebook and Instagram social shopping technology integration.
Shares of Better Therapeutics, Inc. got a boost, surging 118% to $0.0762. Better Therapeutics recently said it will seek strategic alternatives and will be delisted from the Nasdaq.
Jet.AI Inc. shares were also up, gaining 82% to $1.2300.
Equities Trading DOWN
C3is Inc. shares dropped 66% to $0.0270 after the company announced pricing of a $6 million underwritten public offering.
Shares of SELLAS Life Sciences Group, Inc. were down 32% to $1.05. SELLAS Life Sciences Group announced a $20 million registered direct offering and concurrent private placement of 13,029316 shares each for combined purchase price of $1.535/share.
Lucy Scientific Discovery Inc. was down, falling 32% to $1.14.
Also Check This Out: Wall Street's Most Accurate Analysts Say Hold These 3 Tech Stocks Delivering High-Dividend Yields
Commodities
In commodity news, oil traded down 0.7% to $80.67 while gold traded down 0.3% at $2,161.80.
Silver traded up 1.2% to $25.35 on Friday, while copper rose 1.3% to $4.0975.
Euro zone
European shares were higher today. The eurozone’s STOXX 600 rose 0.1%, London’s FTSE 100 rose 0.1% while Spain’s IBEX 35 Index rose 1.2% The German DAX gained 0.3% French CAC 40 rose 0.5% while Italy’s FTSE MIB Index gained 0.6%.
The annual inflation rate in Italy was confirmed at 0.8% in February, while annual inflation rate in France fell to 3% in February from 3.1% a month ago.
Asia Pacific Markets
Asian markets closed mostly lower on Friday, with Japan’s Nikkei 225 falling 0.26%, Hong Kong’s Hang Seng Index falling 1.42%, China’s Shanghai Composite Index gaining 0.54% and India’s S&P BSE Sensex dipping 0.7%.
China's new home prices fell by 1.4% year-over-year in February, while the People's Bank of China held the interest rate at 2.50%. The unemployment rate for Singapore was confirmed at 2.0% for the fourth quarter.
Economics
U.S. manufacturing production increased by 0.8% month-over-month in February.
U.S. industrial production rose by 0.1% from the prior month in February.
The NY Empire State Manufacturing Index fell to -20.9 in March versus -2.4 in February.
Export prices in the U.S. increased 0.8% month-over-month in February, while import prices rose by 0.3%.
Now Read This: How To Earn $500 A Month From Dollar General Stock Following Earnings Beat
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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