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

Shares of FMC Corporation FMC fell sharply during Tuesday’s session after the company reported worse-than-expected fourth-quarter results.

FMC posted adjusted earnings of $1.07 per share, missing market estimates of $1.08 per share. The company’s quarterly sales came in at $1.15 billion versus expectations of $1.25 billion.

FMC shares dipped 9.8% to $54.51 on Tuesday.

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

Gainers

• InVivo Therapeutics Holdings Corp. NVIV jumped 144.4% to $0.5427 after dipping around 26% on Monday.
• Tenax Therapeutics, Inc. TENX jumped 96% to $17.13 after the company announced the USPTO granted notice of allowance for the U.S. patent application "Levosimendan For Treating Pulmonary Hypertension With Heart Failure With Preserved Ejection Fraction."
• Agrify Corporation AGFY shares climbed 70.1% to $1.0889. Agrify achieved milestone with PX-30 hydrocarbon extraction system installation in Michigan Facility.
• ADDvantage Technologies Group, Inc. AEY gained 36% to $0.4769.
• Palantir Technologies Inc. PLTR shares surged 27% to $21.23 after the company reported better-than-expected fourth-quarter sales results and issued guidance.
• Zenvia Inc. ZENV rose 25% to $1.4621. Zenvia announced agreements to address funding gap and introduced EBITDA guidance for 2024, with a range between BRL 120 million and BRL140 million.
• Helius Medical Technologies, Inc. HSDT climbed 24% to $8.80. Helius Medical Technologies announced alignment with the FDA on registrational program for treatment of stroke patients.
• Exicure, Inc. XCUR gained 21.7% to $0.67 after the company announced it entered into a patent license agreement with Bluejay Therapeutics to develop cavrotolimod for the potential treatment for hepatitis.
• Jasper Therapeutics, Inc. JSPR rose 18% to $15.29. Jasper Therapeutics announces pricing of $50 million underwritten offering of 3.9 million shares of common stock at a price of $12.95/share.
• Griid Infrastructure Inc. GRDI gained 15.7% to $2.35.
• Frontier Group Holdings, Inc. ULCC rose 15% to $5.94 following fourth-quarter results.
• Coherent Corp. COHR gained 13.1% to $55.92 after the company reported better-than-expected second-quarter financial results and revised FY24 guidance.
• GE HealthCare Technologies Inc. GEHC climbed 8.3% to $79.50 after the company reported better-than-expected quarterly financial results and issued guidance.
• IHS Holding Limited IHS rose 7.7% to $2.81.
• Toyota Motor Corporation TM gained 7.3% to $217.76 after it reported results for its third quarter and nine months of FY24.
• Spotify Technology S.A. SPOT rose 6.2% to $237.10 after the company reported a 28% increase in ad-supported MAUs and a 15% increase in premium subscribers for the fourth quarter.

Losers

• Sunworks, Inc. SUNW shares fell 61.7% to $0.08. Sunworks disclosed it ceased operations and filed voluntary petitions for relief under the provisions of Chapter 7 of Title 11 of U.S Code.
• BioRestorative Therapies, Inc. BRTX dipped 60.3% to $1.37. BioRestorative Therapies announced exercise of warrants and issuance of new warrants in a private placement for $8.1 million gross proceeds priced at-the-market.
• Peraso Inc. PRSO declined 43.9% to $1.7101 after the company announced pricing of its $4 million underwritten public offering.
• Trio Petroleum Corp. TPET fell 31.5% to $0.1472. Trio Petroleum issued an update on its operations in Monterey County, California.
• Pineapple Energy Inc. PEGY dipped 31.5% to $0.1541.
• Reborn Coffee, Inc. REBN fell 28.6% to $2.74.
• Symbotic Inc. SYM fell 24.7% to $37.33 after the company reported mixed first-quarter financial results.
• Fabrinet FN fell 24% to $169.83 after the company reported second-quarter financial results.
• Sagimet Biosciences Inc. SGMT fell 23.3% to $7.00.
• Symbotic Inc. SYM fell 23.5% to $37.96 after the company reported mixed first-quarter financial results.
• Rambus Inc. RMBS shares fell 17.2% to $56.63 after the company reported mixed quarterly financial results.
• New York Community Bancorp, Inc. NYCB dipped 15.3% to $4.5718.
• Crown Holdings, Inc. CCK fell 13.5% to $76.29 after the company reported worse-than-expected fourth-quarter financial results and issued FY24 adjusted EPS guidance below estimates.
• Kimball Electronics, Inc. KE fell 13.5% to $20.32 following weak quarterly results.
• C3is Inc. CISS shares fell 12% to $0.1305. C3is shares fell around 8% on Monday after the company filed for an offering of 43.75 million units.
• Nyxoah S.A. NYXH shares fell 10.1% to $9.64.
• Sensata Technologies Holding plc ST dipped 9.1% to $32.84 following weak earnings.
• Consolidated Water Co. Ltd. CWCO declined 8.9% to $27.60.
• UBS Group AG UBS fell 5.7% to $28.10 after the company posted quarterly results and announced a share buyback of up to $1 billion.
• Amkor Technology, Inc. AMKR shares fell 5.3% to $30.59 after the company issued weak first-quarter guidance.
• Chegg, Inc. CHGG shares declined 4.6% to $8.87 after the company issued weak first-quarter guidance.

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