Why Edwards Lifesciences Shares Are Trading Lower? Here Are Other Stocks Moving In Thursday's Mid-Day Session

Shares of Edwards Lifesciences Corporation EW fell sharply during Thursday's session after the company reported worse-than-expected second-quarter sales results and issued third-quarter guidance below estimates. Also, the company acquired JenaValve and Endotronix.

Edwards Lifesciences reported quarterly earnings of 70 cents per share which beat the analyst consensus estimate of 69 cents per share. The company reported quarterly sales of $1.632 billion which missed the analyst consensus estimate of $1.653 billion.

Edwards Lifesciences shares dipped 26.9% to $63.60 on Thursday.

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

Gainers

• Predictive Oncology Inc. POAI shares jumped 85% to $1.96 after the company entered biomarker discovery market after successful retrospective ovarian cancer study yields compelling results.
• Psyence Biomedical Ltd. PBM rose 65.4% to $0.6424 after the company announced the export of nature-derived psilocybin to Australia and said a trial is projected to be initiated shortly following receipt of drug product by trial sites.
• Salarius Pharmaceuticals, Inc. SLRX jumped 60% to $3.4421.
• Goosehead Insurance, Inc GSHD rose 29.8% to $85.25 following upbeat second-quarter results.
• Viking Therapeutics, Inc. VKTX shares gained 28.2% to $64.64 after the company reported better-than-expected second-quarter EPS results.
• Exicure, Inc. XCUR rose 27% to $0.5090.
• CERo Therapeutics Holdings, Inc. CERO gained 25.4% to $0.2645 after gaining around 8% on Wednesday.
• AST SpaceMobile, Inc. ASTS rose 25.2% to $16.72. The company announced the successful completion of its first five commercial satellites.
• Bally’s Corporation BALY gained 24.2% to $16.80. Bally’s entered into merger agreement with affiliates of Standard General L.P.
• Molina Healthcare, Inc. MOH climbed 18.3% to $341.39 following better-than-expected quarterly earnings.
• The Shyft Group, Inc. SHYF gained 16.4% to $13.55 following upbeat earnings.
• Carpenter Technology Corporation CRS climbed 16.3% to $141.59 after the company reported better-than-expected quarterly financial results.
• Indivior PLC INDV rose 15.4% to $12.56 after the company posted better-than-expected second-quarter results and announced an accelerated $100 million share repurchase program.
• Tivic Health Systems, Inc. TIVC shares climbed 15.4% to $0.3499.
• RPC, Inc. RES gained 15.1% to $6.64 following upbeat earnings.
• ServiceNow, Inc. NOW jumped 13.7% to $831.97 after the company reported better-than-expected second-quarter financial results.
• Pegasystems Inc. PEGA rose 13.1% to $69.09 after the company reported better-than-expected second-quarter financial results.
• Helmerich & Payne, Inc. HP climbed 12.5% to $42.46 following third-quarter results.
• BloomZ Inc. BLMZ gained 12.2% to $2.75 after dipping 43% on Wednesday. BloomZ recently priced its IPO at $4.30 per share.
• Valmont Industries, Inc. VMI gained 11.1% to $300.96 following upbeat earnings.
• Plexus Corp. PLXS rose 10.5% to $128.36 following upbeat earnings.
• Knight-Swift Transportation Holdings Inc. KNX rose 10.1% to $53.92 following second-quarter results.
• Tyler Technologies, Inc. TYL gained 9.6% to $565.64 after the company reported better-than-expected second-quarter adjusted EPS and sales.
• Mr. Cooper Group Inc. COOP rose 9.5% to $94.86 following second-quarter results.
• Oceaneering International, Inc. OII gained 9.2% to $27.79 following strong sales.
• RTX Corporation RTX surged 8% to $113.24 following a second-quarter earnings beat.
• J.B. Hunt Transport Services, Inc. JBHT gained 6.1% to $173.75.

Losers

• 2U, Inc. TWOU shares dipped 60% to $1.65. 2U announced a strategic agreement with debtholders to eliminate half of debt and infuse $110 million in new capital.
• EZFill Holdings Inc. EZFL tumbled 40.3% to $3.73.
• Kindly MD, Inc. KDLY fell 37.5% to $2.04 after the company submitted comment to the Department of Justice regarding cannabis rescheduling.
• Cheetah Net Supply Chain Service Inc. CTNT dipped 34% to $0.3185. Cheetah Net Supply Chain Service announced pricing of $1.49 million follow-on public offering.
• MaxLinear, Inc. MXL shares fell 30.7% to $15.45 after the company reported worse-than-expected second-quarter financial results.
• Sol-Gel Technologies Ltd. SLGL dipped 30% to $0.4750. Sol-Gel announced the signing of six exclusive license agreements to commercialize TWYNEO® and EPSOLAY® in Europe and South Africa.
• Regencell Bioscience Holdings Limited RGC fell 29.7% to $9.49 after declining 10% on Wednesday.
• Agape ATP Corporation ATPC fell 27% to $0.1159.
• Orion Group Holdings, Inc. ORN declined 21.9% to $8.62 after the company reported worse-than-expected second-quarter financial results.
• Ostin Technology Group Co., Ltd. OST shares declined 20.3% to $0.35 after gaining around 19% on Wednesday.
• Ribbon Communications Inc. RBBN tumbled 19.2% to $3.1450 after the company reported worse-than-expected quarterly revenue.
• Ford Motor Company F shares fell 16.6% to $11.40 following a second-quarter earnings miss.
• Hoth Therapeutics, Inc. HOTH fell 15.1% to $0.9103. Hoth Therapeutics shares gained around 11% on Wednesday after the company signed an agreement with LTS Therapy Systems to develop and manufacture the HT-ALZ oral film prototype for Alzheimer’s disease.
• Garrett Motion Inc. GTX declined 13.8% to $7.86 after the company reported worse-than-expected quarterly financial results and lowered its FY24 guidance.
• Selina Hospitality PLC SLNA shares fell 13.4% to $0.0396 after jumping over 75% on Wednesday.
• Kaiser Aluminum Corporation KALU declined 13.3% to $79.76 after the company reported worse-than-expected quarterly financial results.
• Hut 8 Corp. HUT declined 12.8% to $15.71.
• LKQ Corporation LKQ fell 12.1% to $39.10 after the company reported worse-than-expected quarterly adjusted EPS and sales. Additionally, the company lowered its FY24 adjusted EPS outlook.
• STMicroelectronics N.V. STM shares fell 12% to $34.81 after the company reported a second-quarter EPS miss and issued soft third-quarter guidance.
• Teradyne, Inc. TER dipped 9.7% to $129.30 following soft third-quarter guidance.
• West Pharmaceutical Services, Inc. WST fell 9.5% to $292.91 after the company reported a quarterly earnings miss and cut its guidance.
• FormFactor, Inc. FORM fell 8.2% to $52.26.
• Lululemon Athletica Inc. LULU tumbled 8.2% to $249.52 after Citigroup downgraded the stock from a Buy to a Neutral and lowered its price target from $415 to $300.
• Robert Half Inc. RHI declined 7% to $60.32 after the company reported worse-than-expected second-quarter financial results.
• Stellantis N.V. STLA fell 6.8% to $18.27 following H1 results.
• QuantumScape Corporation QS shares fell 6.2% to $7.01 after the company reported worse-than-expected EPS results.
• Honeywell International Inc. HON declined 4.1% to $204.82 after the company lowered FY24 EPS guidance.

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