Why Core & Main Shares Are Trading Lower By 11%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session

Shares of Core & Main Inc CNM fell sharply during Tuesday's session after the company reported mixed first-quarter financial results.

Core & Main posted quarterly earnings of 49 cents per share, missing market expectations of 52 cents per share. The company's quarterly sales came in at $1.74 billion versus estimates of $1.72 billion, according to data from Benzinga Pro.

Core & Main shares dipped 11.4% to $49.77 on Tuesday.

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

Gainers

• MicroAlgo Inc MLGO shares jumped 284% to 5.99 after the company announced that it will jointly establish a micro-consciousness quantum research center with WiMi.
• Sobr Safe Inc SOBR surged 112% to $0.56 after the company announced SOBRsure device purchases from two new customers.
• Annexon, Inc. ANNX climbed 40% to $6.44 after the company’s Phase 3 trial of ANX005 met its primary endpoint.
• WiMi Hologram Cloud Inc – ADR WIMI shares gained 37.3% to $1.18 after the company announced that the company and MicroAlgo will jointly establish a micro-consciousness quantum research center.
• Core Scientific Inc CORZ shares rose 29% to $6.28. Core Scientific announced the signing of a series of 12-year contracts with CoreWeave, the AI Hyperscaler.
• Oblong Inc OBLG gained 25% to $0.32 after the company announced that it signed a non-binding letter of intent to acquire Dwellwell Analytics.
• Captivision Inc CAPT shares climbed 22.7% to $4.16 after dipping 28% on Monday.
• Marin Software Inc MRIN gained 21.2% to $2.97. Marin Software announced expanded Amazon integration to unlock channel for all advertisers.
• Moving Image Technologies Inc MITQ gained 20.2% to $0.67.
• Alset Inc AEI shares climbed 19.4% to $1.23
• CareCloud Inc CCLD shares gained 18.2% to $3.54.
• Saia Inc SAIA shares climbed 12.3% to $452.00 after the company reported an 18% increase in LTL shipments per workday in April.
• Terawulf Inc WULF gained 12% to $2.30 after the company issued May 2024 production and operations update.
• SINTX Technologies Inc SINT gained 11.8% to $7.28.
• Zai Lab Ltd – ADR ZLAB shares rose 9.9% to $19.78.
• Hillevax Inc HLVX gained 9.7% to $13.60.
• Agenus Inc AGEN shares rose 9.3% to $18.55.
• SkyWest Inc SKYW gained 5.6% to $83.87.
• Forward Air Corp FWRD gained 3.9% to $17.88.

Losers

• ENDRA Life Sciences Inc NDRA shares fell 66.4% to $0.073 after the company announced pricing of $8.0 million public offering.
• Avalon Globocare Corp ALBT shares fell 30.9% to $0.85 after surging 317% on Monday.
• Equillium Inc EQ fell 25.2% to $1.10 after the company announced topline data from its Phase 2 study of EQ101 in alopecia areata.
• JIADE Ltd JDZG fell 21.3% to $9.81.
• Designer Brands Inc DBI shares fell 20.5% to $8.79 following first-quarter earnings.
• MingZhu Logistics Holdings Ltd YGMZ shares fell 17.5% to $0.38. MingZhu Logistics Holdings shares jumped 32% on Monday after the company announced an agreement to acquire Oxylus Global.
• Humacyte Inc HUMA shares declined 17.1% to $6.11.
• NewGenIvf Group Ltd NIVF shares fell 16.8% to $1.15. On Monday, NewGenIvf signed a non-binding $617.34 million deal for potential reverse merger with pharma company COVIRIX.
• GCT Semiconductor Holding Inc GCTS shares declined 14.6% to $3.92
• CalAmp Corp CAMP shares declined 14% to $0.87. CalAmp recently entered into a restructuring support agreement to take the company private and has voluntarily initiated proceedings under Chapter 11 of the United States Bankruptcy Code.
• Nuscale Power Corp SMR shares fell 12.2% to $6.70.
• Amarin Corporation plc AMRN shares declined 12% to $0.75 after the company announced that it appointed Aaron Berg as President and CEO.
• Cibus Inc CBUS shares declined 11.4% to $11.76.
• Ivanhoe Electric Inc IE shares fell 10% to $9.73.
• Bath & Body Works Inc BBWI fell 10.5% to $46.39 after the company reported first-quarter earnings.
• ICICI Bank Ltd IBN shares declined 10.4% to $25.38 as Indian stocks moved lower amid early results from India’s general election.
• Microbot Medical Inc. MBOT shares fell 9.4% to $1.25 after jumping 38% on Monday.
• Bark Inc BARK shares declined 9.3% to $1.27 after the company reported downbeat financial results for its fourth quarter and issued FY25 revenue guidance below estimates.
• HDFC Bank Ltd HDB declined 9.2% to $55.62 as Indian stocks moved lower amid early results from India’s general election.
• Hywin Holdings Ltd – ADR HYW shares fell 9% to $0.61 after jumping 91% on Monday.
• Axos Financial Inc AX shares fell 8.9% to $47.79 after Short seller Hindenburg Research issued a short report on the stock.
• Modine Manufacturing Co MOD shares fell 8.7% to $91.14.
• Arch Resources Inc ARCH shares declined 8.4% to $164.81.
• Dave Inc DAVE fell 7.5% to $35.05. Dave announced an extension of its official partnership with the Drew League, Los Angeles’ premiere Pro-Am basketball league.
• GameStop Corp GME shares fell 5.5% to $26.45, pulling back after rallying 21% on Monday.

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