Why Aon Shares Are Trading Lower By Around 7%? Here Are Other Stocks Moving In Friday's Mid-Day Session

Shares of Aon plc AON fell sharply during Friday's session after the company reported worse-than-expected quarterly financial results.

Aon posted adjusted earnings of $5.66 per share, missing market estimates of $5.91 per share. The company's sales came in at $4.070 billion versus expectations of $4.126 billion, according to data from Benzinga Pro.

Aon shares dipped 7.4% to $283.19 on Friday.

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

Gainers

  • Biodexa Pharmaceuticals Plc BDRX shares jumped 73.3% to $1.2475 after the company entered an exclusive license agreement with Rapamycin Holdings for the rights to eRapa.
  • Pineapple Energy Inc. PEGY gained 63% to $0.0845.
  • NewGenIvf Group Limited NIVF shares gained 55% to $2.01 after dipping 16% on Thursday.
  • Universal Logistics Holdings, Inc. ULH surged 45.2% to $47.76 after the company reported better-than-expected first-quarter financial results.
  • Focus Universal Inc. FCUV jumped 40% to $0.3967 after the company announced board approval for the spin-off of Lusher.
  • BranchOut Food Inc. BOF gained 37% to $2.68.
  • Concord Medical Services Holdings Limited CCM gained 29% to $0.6502. Concord Medical filed 2023 annual report on Form 20-F.
  • Exponent, Inc. EXPO shares climbed 28.5% to $102.41 after the company reported better-than-expected first-quarter financial results.
  • Skillsoft Corp. SKIL climbed 26.4% to $8.60.
  • MultiMetaVerse Holdings Limited MMV gained 24.2% to $0.61.
  • Snap Inc. SNAP gained 23% to $14.02 after the company reported better-than-expected first-quarter financial results and issued second-quarter revenue guidance above estimates. Also, the company reported a year-over-year increase in quarterly daily active users.
  • Tutor Perini Corporation TPC surged 22.2% to $16.98 after the company reported better-than-expected first-quarter financial results and issued FY24 EPS guidance.
  • Sunshine Biopharma, Inc. SBFM surged 22.2% to $0.9888.
  • U.S. Silica Holdings, Inc. SLCA gained 20% to $15.67 after the company reported first-quarter financial results and entered into a definitive agreement to be acquired by funds managed by affiliates of Apollo.
  • Earlyworks Co., Ltd ELWS rose 19.7% to $0.8725 after gaining 19% on Thursday.
  • Cullinan Therapeutics, Inc. CGEM surged 19.5% to $23.03.
  • Tevogen Bio Holdings Inc. TVGN shares gained 19.3% to $1.0150 after falling over 43% on Thursday.
  • ATRenew Inc. RERE surged 18.9% to $1.9150. ATRenew announced appointment of new director.
  • ZIM Integrated Shipping Services Ltd. ZIM gained 17.5% to $13.39.
  • Freight Technologies, Inc. FRGT climbed 17% to $1.0702 after gaining 5% on Thursday.
  • Skechers U.S.A., Inc. SKX shares gained 16% to $68.20 after the company reported better-than-expected first-quarter FY24 earnings.
  • AppFolio, Inc. APPF surged 16% to $251.22 after the company reported better-than-expected first-quarter financial results and raised its FY24 revenue guidance above estimates.
  • Newell Brands Inc. NWL gained 15% to $7.97 after the company reported better than expected first-quarter earnings and issued guidance.
  • ResMed Inc. RMD shares rose 13.7% to $208.63 after the company reported better-than-expected third-quarter financial results.
  • Rogers Corporation ROG surged 12.7% to $123.46 after the company beat first-quarter EPS and sales estimates.
  • iLearningEngines, Inc. AILE gained 11.3% to $7.92
  • Alphabet Inc. GOOGL GOOG rose 10.6% to $172.52 the company posted upbeat results for its first quarter. Alphabet's board authorized an additional share repurchase program of up to $70 billion and also announced its first-ever quarterly dividend.
  • Kratos Defense & Security Solutions, Inc. KTOS gained 8.8% to $18.80 after Raymond James upgraded the stock from Outperform to Strong Buy and raised its price target from $20 to $27.
  • AutoNation, Inc. AN climbed 8.6% to $174.20 following second-quarter results.
  • Kintara Therapeutics, Inc. KTRA shares gained 8.4% to $0.8725 after gaining 15% on Thursday.

Losers

  • iClick Interactive Asia Group Limited ICLK shares fell 48.8% to $1.31 after the company announced the termination of its merger agreement.
  • Nuwellis, Inc. NUWE fell 46.7% to $0.1540 after the company reported pricing of $2.7 million public offering.
  • Safe & Green Holdings Corp. SGBX fell 27.7% to $0.1584.
  • E-Home Household Service Holdings Limited EJH dipped 25.3% to $0.5752.
  • Nature Wood Group Limited NWGL fell 24.5% to $12.71.
  • IMAC Holdings, Inc. BACK dipped 22.9% to $3.93.
  • reAlpha Tech Corp. AIRE fell 20.8% to $1.10.
  • ZyVersa Therapeutics, Inc. ZVSA fell 19.3% to $4.84.
  • Saia, Inc. SAIA dipped 19.1% to $439.40 after the company reported worse-than-expected first-quarter financial results.
  • Kinsale Capital Group, Inc. KNSL fell 17.3% to $374.29 following first-quarter results.
  • Aclarion, Inc. ACON fell 15.5% to $0.3319. Aclarion shares jumped 36% on Thursday after the company announced that its Nociscan solution will be used in the upcoming LIFEHAB trial evaluating the diagnosis and treatment of chronic low back pain.
  • Oil States International, Inc. OIS fell 15% to $4.5250 after the company reported worse-than-expected first-quarter financial results.
  • Boyd Gaming Corporation BYD shares declined 14.8% to $53.55 after the company reported worse-than-expected first-quarter adjusted EPS results.
  • Avenue Therapeutics, Inc. ATXI fell 13.5% to $7.59.
  • Chicken Soup for the Soul Entertainment, Inc. CSSE fell 12.7% to $0.2260 after dipping 39% on Thursday. Chicken Soup For The Soul Entertainment received delinquency letter from the Nasdaq.
  • TriNet Group, Inc. TNET fell 11.5% to $112.11 after the company reported worse-than-expected first-quarter results and issued weak guidance.
  • Intel Corporation INTC shares fell 11.1% to $31.23 after the company reported worse-than-expected first-quarter sales results and issued EPS guidance below estimates.
  • Accolade, Inc. ACCD dipped 10.6% to $8.22 following quarterly results.
  • XPO, Inc. XPO fell 10.2% to $106.14.
  • Atlassian Corporation TEAM shares fell 9.4% to $179.76 after the company reported third-quarter financial results. Atlassian said Scott Farquhar has decided to step down from his role as co-CEO, effective Aug. 31. Cannon-Brookes will continue to lead Atlassian as CEO.
  • Vincerx Pharma, Inc. VINC shares fell 8.8% to $0.8180 after the company announced pricing of underwritten public offering of common stock and warrants.
  • SCWorx Corp. WORX fell 8.7% to $2.52 after surging 36% on Thursday.   
  • ACM Research, Inc. ACMR fell 8.3% to $25.94 after announcing preliminary unaudited revenue and shipments for the first quarter.
  • Roku, Inc. ROKU shares fell 8.2% to $57.63 after the company reported first-quarter financial results.
  • Processa Pharmaceuticals, Inc. PCSA fell 7.8% to $2.52. Processa Pharmaceuticals shares jumped 50% on Thursday after HC Wainwright & Co initiated coverage on the stock with a Buy rating and announced an $8 price target.
  • Red Rock Resorts, Inc. RRR dipped 7.4% to $54.83.
  • ArcBest Corporation ARCB declined 7.3% to $128.07.
  • Allison Transmission Holdings, Inc. ALSN fell 6.6% to $74.97 following first-quarter results.
  • Old Dominion Freight Line, Inc. ODFL fell 6.2% to $184.41.
  • DexCom, Inc. DXCM shares declined 6.3% to $129.17 after the company reported first-quarter financial results.
  • Exxon Mobil Corporation XOM fell 4% to $116.44 following weak earnings.

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