Why H&E Equipment Services Shares Are Trading Lower By Around 18%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session

Shares of H&E Equipment Services, Inc. HEES fell sharply during Tuesday's session following mixed first-quarter results.

H&E Equipment posted GAAP earnings of 71 cents per share, versus market estimates of 77 cents per share. The company's quarterly sales came in at $371.357 million versus expectations of $352.518 million, according to data from Benzinga Pro.

H&E Equipment Services shares dipped 18.2% to $48.45 on Tuesday.

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

Gainers

• Akili, Inc. AKLI shares jumped 67.2% to $0.3927 after the company announced Shionogi has canceled and forgiven a $5.0 million long-term debt obligation and agreed to make certain payments for SDT-001.
• AGBA Group Holding Limited AGBA gained 57.5% to $3.70 after the company highlighted plans for its previously-announced merger with Triller.
• Cyclacel Pharmaceuticals, Inc. CYCC climbed 55.4% to $2.12 after falling over 9% on Monday.
• Global Mofy Metaverse Limited GMM shares gained 50.2% to $1.40 after the company’s Gauss AI teamed with Heartdub to develop the Gausspeed generative AI platform.
• GeneDx Holdings Corp. WGS rose 40.8% to $15.49 after the company reported better-than-expected first-quarter financial results and raised its FY2024 sales guidance.
• Eliem Therapeutics, Inc. ELYM gained 39.4% to $7.00.
• Swvl Holdings Corp. SWVL surged 29.8% to $13.14 after announcing results for the fiscal year 2023.
• Next.e.GO N.V. EGOX gained 26.4% to $0.0349.
• Blend Labs, Inc. BLND shares climbed 25.8% to $2.83 after the company announced a strategic partnership with Haveli Investments, including a $150 million investment.
• Daré Bioscience, Inc. DARE rose 24.2% to $0.3460 after the XOMA acquired an economic interest in the company’s women’s health assets. Also, the company announced that the transaction allows it to focus on advancing Phase 3 first-in-category women’s health product candidates.
• LendingTree, Inc. TREE gained 24.2% to $46.39 after the company beat first-quarter estimates and issued strong guidance.
• MIND Technology, Inc. MIND rose 24% to $5.85 following quarterly results.
• Mullen Automotive, Inc. MULN gained 19.8% to $6.85.
• Harmonic Inc. HLIT rose 19.2% to $11.19 following a first-quarter revenue beat.
• Marin Software Incorporated MRIN rose 18.8% to $3.1002 after the company announced the launch of its AI-powered Anomaly Detector.
• ATI Inc. ATI gained 15.5% to $59.94 following upbeat quarterly results.
• Clearwater Paper Corporation CLW gained 15.2% to $46.88 following better-than-expected earnings.
• LSB Industries, Inc. LXU rose 13.4% to $9.32 following strong quarterly earnings.
• SES AI Corporation SES gained 13.3% to $1.53.
• E2open Parent Holdings, Inc. ETWO rose 12.5% to $4.7950 following upbeat results.
• Sensata Technologies Holding plc ST shares climbed 12.1% to $40.04 as the company reported stronger-than-expected results for its first quarter on Monday. The company said Jeff Cote will retire as CEO and President. Sensata said it sees second-quarter adjusted earnings of 89 cents to 95 cents per share on revenue of $1.025 billion to $1.055 billion.
• Addex Therapeutics Ltd ADXN jumped 10.3% to $8.31. Addex shares dipped 53% on Monday after the company announced the Phase 2 ADX71149 epilepsy study did not achieve statistical significance for the primary endpoint of time for patients to reach baseline seizure count when ADX71149 was added to standard of care.
• AgEagle Aerial Systems, Inc. UAVS gained 10.4% to $0.77. AgEagle announced $3.4 million drone sale to French Army.
• Tenet Healthcare Corporation THC rose 9.2% to $108.28 after the company reported better-than-expected first quarter earnings and issued strong guidance.
• Brinker International, Inc. EAT gained 7.5% to $53.38 after the company reported strong third-quarter financial results and raised FY24 guidance.
• Eli Lilly and Company LLY rose 6.6% to $785.51 after the company raised its FY24 revenue guidance.
• 3M Company MMM gained 5.5% to $97.25 following a first-quarter earnings beat.

Losers

• Lichen China Limited LICN fell 30.6% to $1.4127 after surging 48% on Monday.
• Cemtrex, Inc. CETX declined 29.7% to $1.25.
• Chegg, Inc. CHGG shares fell 26.1% to $5.30 after the company posted first-quarter results and named Nathan Shultz as CEO.
• NRx Pharmaceuticals, Inc. NRXP dipped 25% to $2.6592 after the company announced findings from its Phase 2b/3 trial of NRX-101 vs. Lurasidone.
• Bakkt Holdings, Inc. BKKT fell 23.5% to $7.62. Bakkt Holdings is expected to release its first quarter 2024 earnings on Tuesday, May 14.
• Medifast, Inc. MED shares declined 22.6% to $27.50 after the company reported mixed first-quarter financial results.
• Vince Holding Corp. VNCE were down 21.4% to $1.6536 after the company posted fourth-quarter results.
• NewGenIvf Group Limited NIVF fell 20.1% to $1.63.
• Top Wealth Group Holding Limited TWG dipped 18% to $1.14.
• MicroStrategy Incorporated MSTR declined 16.4% to $1,081.53 after the company reported worse-than-expected financial results for the first quarter.
• Safe & Green Holdings Corp SGBX fell 16% to $0.1185 after declining 4% on Monday.
• ArcBest Corporation ARCB declined 15.8% to $108.96 after the company reported worse-than-expected first quarter adjusted EPS results.
• CECO Environmental Corp. CECO fell 15% to $21.59 after the company reported worse-than-expected first-quarter sales results.
• GE HealthCare Technologies Inc. GEHC declined 13.2% to $77.22 following a first-quarter earnings miss.
• Coursera, Inc. COUR shares declined 13.1% to $10.34 after the company reported mixed first-quarter financial results and issued FY24 revenue guidance below estimates.
• Complete Solaria, Inc. CSLR fell 12.5% to $0.6393. Complete Solaria shares jumped 92% on Monday after the company named T.J. Rodgers as CEO.
• Transocean Ltd. RIG fell 11% to $5.18 after the company reported worse-than-expected quarterly sales results.
• Warner Bros. Discovery, Inc. WBD declined 9.3% to $7.39 on reports NBCUniversal is preparing an offer that could take NBA rights from TNT.
• F5, Inc. FFIV fell 7.6% to $168.36. F5 reported upbeat earnings for its second quarter, but issued weak forecast for the third quarter.
• Molson Coors Beverage Company TAP declined 7.5% to $58.80 following quarterly results.
• The Macerich Company MAC fell 7.4% to $14.82 following quarterly earnings.
• Yum China Holdings, Inc. YUMC shares declined 7.3% to $37.13. Yum China posted upbeat earnings for its first quarter, while sales missed expectations.
• Rambus Inc. RMBS shares declined 7.3% to $56.10 following first-quarter results.

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