Why C.H. Robinson Shares Are Trading Lower By Over 12%? Here Are Other Stocks Moving In Thursday's Mid-Day Session

Shares of C.H. Robinson Worldwide, Inc. CHRW fell sharply during Thursday’s session after the company reported worse-than-expected fourth-quarter financial results.

C.H. Robinson Worldwide posted adjusted earnings of 50 cents per share, missing market estimates if 81 cents per share. The company’s quarterly sales came in at $4.20 billion versus estimates of $4.34 billion.

C.H. Robinson Worldwide shares dipped 12.6% to $73.49 on Thursday.

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

Gainers

• Minim, Inc. MINM shares climbed 57.3% to $6.45. David E. Lazar recently disclosed a 51% active stake in Minim.
• Clearmind Medicine Inc. CMND jumped 51% to $2.17. Clearmind Medicine announced long-term licensing agreement with BIRAD.
• NeuroBo Pharmaceuticals, Inc. NRBO climbed 52.9% to $5.00. NeuroBo Pharmaceuticals announced FDA clearance of IND for Phase 1 clinical trial of DA-1726 for the treatment of obesity.
• FibroBiologics, Inc. FBLG shares climbed 47.4% to $42.90. FibroBiologics announced direct listing on the NASDAQ.
• Celularity Inc. CELU rose 36% to $0.5191. Celularity said it sees FY24 net sales of $50 million to $56 million.
• Cimpress plc CMPR jumped 28.8% to $96.90 after the company reported better-than-expected second-quarter financial results and said the board authorized the repurchase of up to $150 million of company shares.
• TuSimple Holdings Inc. TSP rose 28% to $0.2950.
• Elevai Labs, Inc. ELAB gained 23.5% to $0.84 after gaining 8% on Wednesday.
• Asset Entities Inc. ASST climbed 22.8% to $0.5650.
• Kiora Pharmaceuticals, Inc. KPRX shares jumped 20.4% to $0.6649. Kiora Pharmaceuticals announced a private placement of up to $45 million.
• Evaxion Biotech A/S EVAX gained 19.5% to $4.70. Evaxion Biotech announced pricing of $15 million public offering of 3.750 million ADS at $4.00 per ADS.
• Nextracker Inc. NXT rose climbed 18.8% to $53.79 after the company reported better-than-expected third-quarter financial results.
• SunPower Corporation SPWR jumped 18.1% to $3.5791.
• BioRestorative Therapies, Inc. BRTX gained 16.4% to $1.8850.
• Corteva, Inc. CTVA gained 16.2% to $52.84 after the company reported better-than-expected quarterly financial results, issued 2024 guidance and announced a $1 billion repurchase plan.
• Nextracker Inc. NXT jumped 16.1% to $52.56 after the company reported better-than-expected quarterly financial results.
• Yoshiharu Global Co. YOSH rose 15.9% to $5.10.
• FuelCell Energy, Inc. FCEL gained 15.7% to $1.3885.
• Plug Power Inc. PLUG climbed 12.2% to $4.9900. Plug Power said it completed first customer fill of liquid green hydrogen at its Georgia plant.
• Credit Acceptance Corporation CACC jumped 11.9% to $605.43 following upbeat earnings.
• Digi International Inc. DGII gained 11.7% to $27.17 following strong results.
• Oragenics, Inc. OGEN gained 11.1% to $2.5561 after dipping around 34% on Wednesday. Oragenics recently announced termination of at-market offering program.
• Allegro MicroSystems, Inc. ALGM climbed 10.9% to $28.77 following upbeat earnings.
• Ferrari N.V. RACE gained 10.4% to $382.17 after the company reported fourth-quarter financial results and issued 2024 guidance.
• Etsy, Inc. ETSY rose 9.6% to $72.95 after the company announced the appointment of Elliott Investment Management’s Marc Steinberg to its board.
• Boot Barn Holdings, Inc. BOOT gained 8.4% to $77.79 following upbeat earnings.
• Sally Beauty Holdings, Inc. SBH jumped 7.4% to $13.24 following upbeat earnings.
• EverQuote, Inc. EVER gained 7.2% to $13.53.
• Deutsche Bank Aktiengesellschaft DB shares gained 6.2% to $13.65 after the company posted fourth-quarter results and announced plans to cut 3,500 jobs. Deutsche Bank plans to increase both share repurchases and dividends by at least 50% year-over-year in 2024.

Losers

• Revelation Biosciences, Inc. REVB shares dipped 61.1% to $3.4268 after the company announced pricing of $6.2 million public offering.
• InVivo Therapeutics Holdings Corp. NVIV fell 49% to $0.3267. InVivo Therapeutics Holdings and subsidiary filed for Chapter 11 bankruptcy in Delaware but plan to continue operating under court supervision as a debtor-in-possession.
• Hesai Group HSAI declined 28.2% to $4.1817. Hesai Group issued a statement on the U.S. Department of Defense "Chinese Military Companies" list.
• FibroBiologics, Inc. FBLG fell 27.4% to $21.12.
• Volcon, Inc. VLCN shares dipped 24.3% to $0.1020 after the company announced a 1-for-45 reverse stock split.
• Peloton Interactive, Inc. PTON fell 22.9% to $4.2850 after the company reported mixed second-quarter financial results and issued third-quarter revenue guidance below estimates.
• CareMax, Inc. CMAX fell 21.4% to $8.10.
• ADDvantage Technologies Group, Inc. AEY shares declined 21.3% to $1.4320.
• Earlyworks Co., Ltd ELWS fell 21.2% to $0.44 after surging more than 55% on Wednesday.
• Infobird Co., Ltd IFBD shares declined 20.6% to $1.0799 after surging over 115% on Wednesday.
• Alaunos Therapeutics, Inc. TCRT fell 19.3% to $2.0410.
• Rocket Lab USA, Inc. RKLB shares declined 18.7% to $3.9450 after the company announced a proposed offering of $275 million convertible senior notes.
• Bullfrog AI Holdings, Inc. BFRG fell 18.4% to $3.9736 after declining 9% on Wednesday. Bullfrog AI Holdings recently filed shelf offering of 786,938 shares and accompanying warrants at $6.63 per share and accompanying warrant.
• Thermon Group Holdings, Inc. THR fell 16.2% to $27.45 following third-quarter results.
• Polestar Automotive Holding UK PLC PSNY declined 15.9% to $1.8250 after Volvo Cars said it will no longer provide further funding to the company.
• Surmodics, Inc. SRDX fell 14.9% to $29.97 following first-quarter results.
• MaxLinear, Inc. MXL shares dipped 14.4% to $17.83 after reporting fourth-quarter results.
• 8x8, Inc. EGHT fell 13.5% to $2.9050 following weak sales.
• New York Community Bancorp, Inc. NYCB dipped 13.5% to $5.60 after multiple firms downgraded the stock following the company's fourth-quarter results.
• IHS Holding Limited IHS fell 11.9% to $3.5050.
• Western Alliance Bancorporation WAL dipped 10% to $57.58.
• Aflac Incorporated AFL shares declined 9.7% to $76.17 after the company reported worse-than-expected fourth-quarter financial results.
• Markel Group Inc. MKL dipped 9.4% to $1,356.53 after the company reported 2023 financial results.
• Wolfspeed, Inc. WOLF shares fell 9.2% to $29.56 following the company's second-quarter earnings.
• Valley National Bancorp VLY dipped 8% to $8.85.
• Zions Bancorporation, National Association ZION fell 6.6% to $39.12.
• ING Groep N.V. ING shares declined 5.9% to $13.37 following fourth-quarter results.
• Sanofi SNY fell 3.2% to $48.33 after the company posted fourth-quarter results and named François-Xavier Roger as Chief Financial Officer.

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