Why Jabil Shares Are Trading Lower By Over 14%? Here Are Other Stocks Moving In Friday's Mid-Day Session

Shares of Jabil Inc. JBL 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

• Verb Technology Company, Inc. VERB shares jumped 189% to $0.4047. VERB's MARKET.live launched Facebook and Instagram social shopping technology integration.
• Better Therapeutics, Inc. BTTX surged 108% to $0.0728. Better Therapeutics recently said it will seek strategic alternatives and will be delisted from the Nasdaq.
• Jet.AI Inc. JTAI shares climbed 76.7% to $1.1950.
• Cardlytics, Inc. CDLX rose 57.1% to $12.86 after the company reported better-than-expected fourth-quarter earnings.
• American Vanguard Corporation AVD climbed 25.8% to $13.32 following fourth-quarter financial results.
• Blend Labs, Inc. BLND climbed 24.3% to $2.92 after the company reported fourth-quarter financial results.
• HCM Acquisition Corp HCMA gained 22.8% to $12.00.
• Solidion Technology Inc. STI rose 22.2% to $1.5897. The company announced the pricing of a $3.85 million private placement.
• Tredegar Corporation TG surged 18% to $4.73 following fourth-quarter financial results.
• BranchOut Food Inc. BOF rose 17.3% to $2.20. BranchOut Food will debut new products at Natural Products Expo West.
• Madrigal Pharmaceuticals, Inc. MDGL rose 16.3% to $283.29 after the company announced FDA approval of Rezdiffra for the treatment of patients with noncirrhotic NASH with moderate to advanced liver fibrosis.
• Secoo Holding Limited SECO gained 16% to $0.5017.
• Direct Digital Holdings, Inc. DRCT jumped 15.1% to $31.81. Roth MKM recently maintained a Buy rating on the stock and raised its price target from $12.50 to $27.50.
• EHang Holdings Limited EH jumped 14.3% to $15.56 after the company reported financial fourth-quarter results above estimates and issued first-quarter revenue guidance.
• WW International, Inc. WW gained 13% to $2.11.
• CommScope Holding Company, Inc. COMM rose 13% to $1.6502.
• CS Disco, Inc. LAW surged 11.9% to $7.71. CS Disco’s board approved a $20 million share repurchase authorization.
• Alta Equipment Group Inc. ALTG rose 10.7% to $11.64 following better-than-expected fourth-quarter 2023 results.
• Despegar.com, Corp. DESP gained 9.6% to $10.85 after the company reported mixed fourth-quarter 2023 results, with sales beating estimates.
• Aquestive Therapeutics, Inc. AQST shares gained 7.2% to $5.63. Aquestive Therapeutics said Anaphylm met all predefined primary and secondary pharmacokinetic endpoints.
• Fisker Inc. FSR shares rose 6.7% to $0.1654. Fisker shares dipped around 52% on Thursday following a Wall Street Journal report suggesting the company is preparing for a possible bankruptcy filing.
• The Buckle, Inc. BKE gained 5.4% to $39.71 following fourth-quarter 2023 results.

Losers

• C3is Inc. CISS shares fell 62.5% to $0.0296 after the company announced pricing of a $6 million underwritten public offering.
• SELLAS Life Sciences Group, Inc. SLS fell 34.8% to $1.01. 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.
• Immuneering Corporation IMRX dipped 27% to $2.1150 after multiple analysts downgraded the stock following Thursday data from the company's Phase 1 portion of its Phase 1/2a clinical trial of IMM-1-104 in advanced RAS-mutant solid tumors.
• Lucy Scientific Discovery Inc. LSDI fell 25.6% to $1.25.
• Xcel Brands, Inc. XELB dipped 22.1% to $0.7630 after the company announced pricing of a $2.42 million public offering of common stock and concurrent private placement.
• Altus Power, Inc. AMPS declined 19.7% to $4.7650 after the company reported worse-than-expected quarterly financial results and issued FY24 revenue guidance below estimates.
• Presto Automation Inc. PRST fell 19.1% to $0.2438 after surging 34% on Thursday. The company announced the pricing of a $1.2 million registered direct offering of 4.8 million shares of common stock at $0.25 per share.
• Babcock & Wilcox Enterprises, Inc. BW dipped 19.1% to $1.0350 after the company reported worse-than-expected quarterly financial results.
• Biofrontera Inc. BFRI declined 18.3% to $1.43.
• Groupon, Inc. GRPN fell 17.8% to $14.91 after the company reported fourth-quarter financial results.
• EverCommerce Inc. EVCM fell 17.3% to $7.74 following weak quarterly results.
• Psyence Biomedical Ltd. PBM fell 14.3% to $1.3627. Psyence Biomedical shares jumped 53% on Thursday after the Indiana legislature sent a bill that includes funding for psilocybin clinical research trials to the governor.
• Adobe Inc. ADBE dipped 13.3% to $494.25. Adobe reported better-than-expected results for its first quarter but issued weak revenue guidance for the current quarter.
• Blink Charging Co. BLNK shares fell 11.8% to $3.0250 following fourth-quarter financial results.
• Montauk Renewables, Inc. MNTK tumbled 10.8% to $4.54 following weak quarterly results.
• Kopin Corporation KOPN fell 10.3% to $1.9650 after reporting weaker-than-expected fourth-quarter results.
• AdTheorent Holding Company, Inc. ADTH dipped 10% to $3.35.
• PagerDuty, Inc. PD shares fell 9.7% to $20.70 after the company reported fourth-quarter financial results and issued FY25 guidance below estimates.
• Soho House & Co Inc. SHCO declined 9.7% to $5.19 following downbeat fourth-quarter financial results.
• Zillow Group, Inc. Z dipped 8.3% to $50.55.
• Ulta Beauty, Inc. ULTA shares tumbled 6.5% to $528.96 after the company reported fourth-quarter financial results and issued FY24 revenue guidance below estimates. The company's board of directors approved a new share repurchase authorization of $2.0 billion.
• Sanmina Corporation SANM dipped 5.8% to $59.45.
• Smartsheet Inc. SMAR fell 4.3% to $38.57 after the company reported fourth-quarter financial results and issued FY25 revenue guidance below estimates.
• MicroStrategy Incorporated MSTR shares fell 3% to $1,627.26. MicroStrategy shares fell 5% on Thursday after the company announced a proposed private offering of $500 million of convertible senior notes due 2031.

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