Why Limbach Holdings Shares Are Trading Lower By Around 15%? Here Are Other Stocks Moving In Thursday's Mid-Day Session

Author: Avi Kapoor | March 14, 2024 01:38pm

Shares of Limbach Holdings, Inc. (NASDAQ:LMB) fell sharply during Thursday’s session after the company reported fourth-quarter financial results and issued FY24 revenue guidance below estimates.

Limbach said it sees FY24 revenue of $510 million to $530 million, versus market estimates of $541.1 million.

Limbach shares dipped 14.7% to $42.42 on Thursday.

Here are some other stocks moving in today's mid-day session.

Gainers

• Aptorum Group Limited (NASDAQ:APM) shares climbed 91% to $8.27.
• Presto Automation Inc. (NASDAQ:PRST) shares jumped 65.2% to $0.3715 after jumping 15% on Wednesday.
• Cheer Holding, Inc. (NASDAQ:CHR) surged 43.3% to $3.77 following full year 2023 financial results.
• WiMi Hologram Cloud Inc. (NASDAQ:WIMI) shares gained 36.9% to $1.5060.
• Turtle Beach Corporation (NASDAQ:HEAR) gained 29.2% to $14.25 after the company announced the acquisition of PDP and its intention to launch a modified "Dutch Auction" Tender Offer. The company also reported fourth-quarter financial results.
• VAALCO Energy, Inc. (NYSE:EGY) rose 22% to $5.45 after the company reported better-than-expected fourth-quarter financial results.
• Build-A-Bear Workshop, Inc. (NYSE:BBW) gained 15.7% to $29.20 after the company reported better-than-expected fourth-quarter EPS but missed on revenue. Additionally, the company guided FY24 revenue growth on a low-to-mid-single-digit percentage basis.
• Unicycive Therapeutics, Inc. (NASDAQ:UNCY) gained 15% to $1.5980. The company announced a $50 million private placement.
• DICK'S Sporting Goods, Inc. (NYSE:DKS) rose 14.8% to $215.70 after the company reported strong fourth-quarter results and issued guidance above consensus estimates.
• Lithium Americas Corp. (NYSE:LAC) surged 14.6% to $6.57 after the company announced that it received a conditional commitment from the U.S. Department of Energy for a $2.26 billion loan under the Advanced Technology Vehicles Manufacturing Loan Program for financing the construction of the processing facilities at Thacker Pass in Nevada.
• Auddia Inc. (NASDAQ:AUUD) shares gained 11.5% to $3.07 after falling 6% on Wednesday.
• Impinj, Inc. (NASDAQ:PI) gained 11.5% to $126.53 after the company announced a patent litigation settlement with NXP Semiconductors.
• ShiftPixy, Inc. (NASDAQ:PIXY) gained 9.2% to $3.5501 after gaining over 3% on Wednesday.
• CCSC Technology International Holdings Limited (NASDAQ:CCTG) rose 8.7% to $3.6401 after gaining 14% on Wednesday.
• Eventbrite, Inc. (NYSE:EB) surged 8.7% to $5.55. Eventbrite announced a $100 million share repurchase program.
• Perfect Corp. (NYSE:PERF) gained 8.6% to $2.8550.
• Robinhood Markets, Inc. (NASDAQ:HOOD) rose 6.3% to $18.24 after the company reported February trading metrics.
• Spero Therapeutics, Inc. (NASDAQ:SPRO) climbed 5.1% to $1.7450 following better-than-expected fourth-quarter financial results.

Losers

• Spruce Biosciences, Inc. (NASDAQ:SPRB) shares dipped 78.5% to $1.1150 after the company reported FY23 financial results. Also, the company announced that the CAHmedlia-203 study of Tildacerfont in adult classic congenital adrenal hyperplasia with severe hyperandrogenemia did not meet its primary efficacy endpoint.
• Better Therapeutics, Inc. (NASDAQ:BTTX) tumbled 78% to $0.0452. Better Therapeutics announced it will seek strategic alternatives and will be delisted from the Nasdaq.
• Fisker Inc. (NYSE:FSR) fell 49% to $0.1644 following a Wall Street Journal report suggesting the company is preparing for a possible bankruptcy filing.
• TRACON Pharmaceuticals, Inc. (NASDAQ:TCON) dipped 33.7% to $0.4182.
• Immuneering Corporation (NASDAQ:IMRX) fell 31.6% to $4.02 after the company announced topline results from Phase 1 portion of its Phase 1/2a clinical trial of IMM-1-104 in RAS-mutant solid tumors.
• RCM Technologies, Inc. (NASDAQ:RCMT) dipped 27.9% to $20.74 following weak quarterly sales.
• Katapult Holdings, Inc. (NASDAQ:KPLT) declined 27% to $13.44 following fourth-quarter results.
• Hello Group Inc. (NASDAQ:MOMO) fell 24.1% to $5.82 after the company reported fourth-quarter financial results and issued first-quarter revenue guidance.
• First Wave BioPharma, Inc. (NASDAQ:FWBI) dipped 23.8% to $4.9750. First Wave BioPharma announcec completion of business combination with ImmunogenX.
• Pagaya Technologies Ltd. (NASDAQ:PGY) declined 22.5% to $12.02 after the company commenced an underwritten offering of 6.5 million shares.
• RumbleON, Inc. (NASDAQ:RMBL) fell 21.8% to $5.55 following weak quarterly sales.
• Pangaea Logistics Solutions, Ltd. (NASDAQ:PANL) dipped 20% to $6.62 after the company reported worse-than-expected fourth-quarter financial results.
• Regulus Therapeutics Inc. (NASDAQ:RGLS) tumbled 16.9% to $2.0188.
• Petco Health and Wellness Company, Inc. (NASDAQ:WOOF) fell 16.4% to $2.1050. Baird analyst Justin Kleber maintained Petco Health and Wellness with a Neutral and lowered the price target from $3 to $2.5.
• G-III Apparel Group, Ltd. (NASDAQ:GIII) fell 16.3% to $25.37 following mixed fourth-quarter financial results. The company also issued lower-than-expected revenue and EPS guidance for FY25.
• NextNav Inc. (NASDAQ:NN) fell 15% to $4.7640 after posting a quarterly loss.
• SentinelOne, Inc. (NYSE:S) dipped 14.9% to $23.78 after the company reported fourth-quarter financial results and issued guidance.
• Erayak Power Solution Group Inc. (NASDAQ:RAYA) fell 14.5% to $0.8025 after surging 31% on Wednesday.
• Global Gas Corporation (NASDAQ:HGAS) shares fell 13.3% to $2.15 after surging 16% on Wednesday.
• Sunnova Energy International Inc. (NYSE:NOVA) declined 12.8% to $4.0540.
• Highest Performances Holdings Inc. (NASDAQ:PUYI) dipped 12.6% to $7.47.
• Under Armour, Inc. (NYSE:UAA) dipped 12.6% to $7.07 amid volatility following a CEO transition. Additionally, Williams Trading downgraded the stock from Buy to Hold and announced an $8 price target.
• Vroom, Inc. (NASDAQ:VRM) shares tumbled 11.2% to $15.53 as the company reported a loss of $80.51 per share for the fourth quarter. The company’s quarterly sales came in at $235.92 million which beat the analyst consensus estimate of $232 million.
• Futu Holdings Limited (NASDAQ:FUTU) shares fell 9.5% to $59.17 following fourth-quarter results.
• Madrigal Pharmaceuticals, Inc. (NASDAQ:MDGL) fell 9.1% to $248.09.
• Qilian International Holding Group Limited (NASDAQ:QLI) shares tumbled 8.8% to $0.5921 after surging 18% on Wednesday.
• Affirm Holdings, Inc. (NASDAQ:AFRM) fell 8.3% to $35.56.
• UiPath Inc. (NYSE:PATH) fell 6.8% to $22.72 after the company reported fourth-quarter financial results.
• Anheuser-Busch InBev SA/NV (NYSE:BUD) shares fell 4.7% to $61.51 after Altria announced its intent to sell a portion of its investment in the company.

 

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