Why Urban Outfitters Shares Are Trading Lower By Around 10%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session

Shares of Urban Outfitters, Inc. URBN dipped during Wednesday’s session after the company reported third-quarter financial results.

Urban Outfitters reported quarterly earnings of 88 cents per share, topping the analyst consensus estimate of 82 cents per share. The company reported record quarterly sales of $1.28 billion which exceeded analyst expectations of $1.26 billion, according to data from Benzinga Pro.

Urban Outfitters shares fell 9.9% to $32.73 on Wednesday.

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

Gainers

• AgileThought, Inc. AGIL shares jumped 206.4% to $0.2514 after gaining 5% on Tuesday.
• PaxMedica, Inc. PXMD rose 33% to $1.08 as the company announced pricing of $7 million public offering.
• SciSparc Ltd. SPRC gained 29.5% to $8.25 after the company announced it signed a non-binding letter of intent to merge with a vehicle importer company in Israel.
• Agape ATP Corporation ATPC climbed 22% to $1.15. Agape ATP announced a $1 million share repurchase plan over the next 6 months.
• Ryvyl Inc. RVYL rose 21.6% to $3.77. The company recently posted a narrower loss for the third quarter.
• Heart Test Laboratories, Inc. HSCS shares rose 19.3% to $0.2340. HeartSciences recently announced closing of license agreements with the Icahn School of Medicine at Mount Sinai to develop and commercialize AI cardiovascular algorithms.
• Safety Shot, Inc. SHOT rose 17.5% to $5.63.
• Gyre Therapeutics, Inc. GYRE climbed 14.2% to $14.54.
• Edesa Biotech, Inc. EDSA gained 12.1% to $3.14. HC Wainwright & Co. reiterated Edesa Biotech with a Buy and maintained a $10 price target.
• agilon health, inc. AGL climbed 9.3% to $12.02. Deutsche Bank downgraded Agilon Health from Buy to Hold and lowered the price target from $27 to $12.
• GH Research PLC GHRS gained 8.4% to $6.34.
• Connect Biopharma Holdings LimitedCNTB gained 8% to $1.36 after dipping over 40% on Tuesday. Connect Biopharma Holdings released topline results from Stage 2 (maintenance period) of its China pivotal trial evaluating rademikibart's (formerly known as CBP-201) efficacy and safety in patients with moderate-to-severe atopic dermatitis (AD).
• VinFast Auto Ltd. VFS gained 7% to $6.41.
• Safe and Green Development Corporation SGD gained 5% to $3.96. Safe and Green Development shares jumped 33% on Tuesday after the company signed a non-binding Letter of Intent to invest money in Majestic World Holdings in exchange for access to the software platform Xene.
• HP Inc. HPQ gained 4.3% to $29.08 following quarterly results.

Losers

• Alterity Therapeutics Limited ATHE fell 18.8% to $1.9239.
• MIRA Pharmaceuticals, Inc. MIRA declined 16.6% to $3.2501.
• Tharimmune, Inc. THAR fell 16.1% to $3.01.
• Anghami Inc. ANGH fell 14.7% to $2.6505. Anghami shares jumped 97% on Tuesday after the company and OSN+ announced a deal that will combine their businesses.
• Genenta Science S.p.A. GNTA dipped 14.7% to $4.29.
• Alpha Technology Group Limited ATGL fell 13.7% to $17.69 on post-IPO volatility.
• Guess?, Inc. GES shares fell 11.2% to $21.03 after the company reported worse-than-expected third-quarter financial results and issued fourth-quarter adjusted EPS guidance below estimates.
• TRACON Pharmaceuticals, Inc. TCON shares fell 11% to $0.1931 after jumping 25% on Tuesday.
• Emeren Group Ltd SOL shares fell 8.2% to $2.4050 after posting a loss for the third quarter.
• Nordstrom, Inc. JWN fell 6.8% to $13.89 after the company reported third-quarter financial results.
• Deere & Company DE fell 6.7% to $356.50 after the company reported fourth-quarter financial results.
• Autodesk, Inc. ADSK fell 5.8% to $205.07. Autodesk posted upbeat results for the third quarter. The company also said it sees full-year earnings between $7.43 and $7.49 per share and revenue between $5.45 billion and $5.465 billion.
• Gaotu Techedu Inc. GOTU fell 5.2% to $2.58 following third-quarter results.

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