Why International Flavors & Fragrances Shares Are Trading Lower By Around 8%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session

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Shares of International Flavors & Fragrances Inc. 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. GBNH climbed 120.8% to $0.4351. Greenbrook TMS raised $2.5 million in debt financing.
  • Emergent BioSolutions Inc. EBS gained 84% to $2.8050. Emergent BioSolutions appointed Joseph Papa as President and CEO, effective Feb. 21, 2024.
  • Ventyx Biosciences, Inc. 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. SOGP shares rose 63.1% to $4.60. Sound Group announced the launch of new AI-powered applications.
  • Motus GI Holdings, Inc. 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 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 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. RAPT gained 24% to $8.52.
  • Energy Focus, Inc. EFOI shares jumped 23.4% to $1.7050.
  • MediaAlpha, Inc. MAX rose 19% to $18.80 after the company reported better-than-expected fourth-quarter financial results.
  • Janux Therapeutics, Inc. JANX gained 18% to $11.75. Janux Therapeutics will host virtual event on Feb. 26th, 2024, at 4:30PM ET to discuss updated clinical data for PSMA-TRACTr JANX007 and EGFR-TRACTr JANX008.
  • Iovance Biotherapeutics, Inc. IOVA rose 15.9% to $13.95.
  • TPG RE Finance Trust, Inc. TRTX jumped 12.9% to $6.24 after the company reported fourth-quarter financial results.
  • Garmin Ltd.GRMN rose 12.2% to $137.72 after the company reported fourth-quarter financial results and issued FY24 revenue guidance above estimates, recommended boosting annual dividend and authorized share buyback.
  • Select Water Solutions, Inc. WTTR gained 11.7% to $8.77 following strong earnings.
  • The Hackett Group, Inc. HCKT surged 11.2% to $25.48 following upbeat results.
  • LivaNova PLC LIVN jumped 8.8% to $57.28 following upbeat earnings.
  • EQT Corporation EQT gained 8.8% to $36.69.
  • Wix.com Ltd. WIX gained 8.6% to $136.15 following fourth-quarter results.
  • Bausch + Lomb Corporation BLCO gained 8.6% to $15.84 after reporting quarterly results.
  • Wix.com Ltd. WIX gained 8.2% to $135.56 following fourth-quarter results.
  • NeoGenomics, Inc. NEO rose 7.4% to $15.78 after the company reported better-than-expected fourth-quarter financial results and issued FY24 adjusted EPS guidance above estimates.
  • Toll Brothers, Inc. TOL gained 6.6% to $110.42 after the company reported better-than-expected first-quarter financial results and issued FY24 EPS guidance above estimates.

Losers

  • AtlasClear Holdings, Inc. ATCH shares tumbled 41% to $1.19.
  • Shineco, Inc. SISI dipped 33.4% to $1.53 after gaining around 56% on Tuesday.
  • Synchronoss Technologies, Inc. SNCR fell 32.2% to $8.30.
  • U Power Limited UCAR dipped 30% to $0.0710 after the company received a delisting notice from the Nasdaq Stock Market due to its ordinary shares’ closing bid price falling below $0.10 for ten consecutive trading days, as per the Low Priced Stocks Rule.
  • MoneyHero Limited MNY fell 28% to $2.2259.
  • Community Health Systems, Inc. CYH fell 27.3% to $2.9350 after the company reported fourth-quarter financial results.
  • Palo Alto Networks, Inc. PANW shares dipped 26.2% to $270.29 after the company issued third-quarter guidance below estimates.
  • Teladoc Health, Inc. TDOC shares fell 25.3% to $15.31 after the company reported mixed fourth-quarter financial results and issued weak guidance.
  • Unisys Corporation UIS fell 24.5% to $5.88 after the company reported quarterly financial results.
  • Pop Culture Group Co., Ltd CPOP fell 21.3% to $5.66 after jumping 171% on Tuesday.
  • Amplitude, Inc. AMPL fell 16.6% to $11.73 after the company reported mixed fourth-quarter financial results and issued weak guidance.
  • SolarEdge Technologies, Inc. SEDG shares fell 15.7% to $71.20 after the company reported mixed fourth-quarter financial results.
  • Matterport, Inc. MTTR shares fell 15.4% to $2.1450 after the company posted weak quarterly sales and issued downbeat forecast.
  • Zscaler, Inc. ZS fell 14.8% to $212.15.
  • Medifast, Inc. MED declined 14.3% to $41.95 after the company issued weak guidance.
  • Avinger, Inc. AVGR shares fell 14.3% to $4.57 after surging 83% on Tuesday.
  • Photronics, Inc. PLAB fell 13% to $27.17 after the company reported first-quarter financial results below estimates.
  • Workiva Inc. WK fell 12.3% to $82.55 following quarterly results.
  • Fisker Inc. FSR fell 11.4% to $0.5582.
  • Biofrontera Inc. BFRI shares fell 6.1% to $1.0794. Biofrontera shares jumped 53% on Tuesday after the company announced a private placement of up to $16 million priced at the market per Nasdaq rules.
  • Sprout Social, Inc. SPT shares declined 5.4% to $61.01 after the company reported fourth-quarter financial results and issued guidance.

 

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