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Why Helen of Troy Shares Are Trading Lower By Around 30%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session
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Shares of Helen of Troy Limited (NASDAQ:HELE) fell sharply during Tuesday's session after the company reported soft first-quarter earnings and lowered its FY25 guidance.

Helen of Troy reported quarterly earnings of 99 cents per share which missed the analyst consensus estimate of $1.59. The company reported quarterly sales of $416.85 million which missed the analyst consensus estimate of $446.22 million, according to data from Benzinga Pro.

Helen of Troy shares dipped 30.3% to $62.06 on Tuesday.

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

Gainers

  • Soligenix, Inc. (NASDAQ:SNGX) shares jumped 195% to $5.90 after the company announced interim results for extended HyBryte treatment in early-stage CTCL patients.
  • uniQure N.V. (NASDAQ:QURE) shares jumped 55.4% to $5.87 after the company announced updated interim data including up to 24 months of follow-up data from 29 treated patients enrolled in the ongoing U.S. and European Phase I/II clinical trials of AMT-130 for the treatment of Huntington’s disease.
  • Pineapple Energy Inc. (NASDAQ:PEGY) gained 54.4% to $1.8550 after the company engaged Conduit Capital to provide structural internal support, staffing, and assistance with capital-raising activities.
  • Anew Medical, Inc. (NASDAQ:WENA) rose 40% to $2.0350 after the company announced plans to accelerate its Klotho gene therapy program for neurodegenerative disorders.
  • Expensify, Inc. (NASDAQ:EXFY) rose 32% to $1.9150.
  • Longeveron Inc. (NASDAQ:LGVN) rose 32% to $2.72. Longeveron said Neha Motwani, a senior healthcare investment banker, has been elected to the Longeveron Board of Directors.
  • Zapp Electric Vehicles Group Limited (NASDAQ:ZAPP) shares rose 31.5% to $12.16 after gaining 127% on Monday.
  • Silynxcom Ltd. (NASDAQ:SYNX) jumped 29.6% to $3.59 as the company received $500,000 in orders from the Israel Defense Forces.
  • Janover Inc. (NASDAQ:JNVR) rose 25% to $0.9666 after the company announced that its AI loan advisor generated over 4,000 deals worth over $25 billion to date in 2024. Also, the company announced it facilitated nearly $10 million in funded loans this year.
  • Kymera Therapeutics, Inc. (NASDAQ:KYMR) gained 21.7% to $38.91.
  • Jumia Technologies AG (NYSE:JMIA) climbed 20.7% to $10.22 after Benchmark initiated coverage on the stock with a Buy rating and $14 price target.
  • Myomo, Inc. (NASDAQ:MYO) gained 20% to $4.9233. Myomo recently issued preliminary second-quarter revenue guidance above estimates.
  • ReShape Lifesciences Inc. (NASDAQ:RSLS) climbed 19.8% to $0.2450 after the company announced an all-stock merger with Vyome. Additionally, ReShape will sell its assets to an affiliate of Biorad Medisys for $5.16 million.
  • Arlo Technologies, Inc. (NYSE:ARLO) shares rose 14.5% to $15.80 after the company's subscription service surpassed 4 million paid accounts.
  • Qilian International Holding Group Limited (NASDAQ:QLI) gained 12.2% to $4.39.
  • Larimar Therapeutics, Inc. (NASDAQ:LRMR) rose 9.9% to $9.00.
  • Revolution Medicines, Inc. (NASDAQ:RVMD) climbed 9.7% to $43.37.
  • Beam Global (NASDAQ:BEEM) shares gained 9.5% to $7.10 after jumping around 18% on Monday. Beam Global recently announced a year-over-year increase in second-quarter new orders.
  • Cirrus Logic, Inc. (NASDAQ:CRUS) gained 4.4% to $136.15. Keybanc analyst John Vinh maintained Cirrus Logic with an Overweight and raised the price target from $120 to $155.

Losers

  • China Liberal Education Holdings Limited (NASDAQ:CLEU) shares declined 41% to $0.3350.
  • Indivior PLC (NASDAQ:INDV) shares dipped 35.3% to $9.93 after the company lowered its FY24 guidance.
  • Globavend Holdings Limited (NASDAQ:GVH) fell 32.5% to $0.5555.
  • Shapeways Holdings, Inc. (NASDAQ:SHPW) fell 30.8% to $0.3376 after jumping 132% on Monday.
  • Qualigen Therapeutics, Inc. (NASDAQ:QLGN) fell 21.5% to $0.2201.
  • Clene Inc. (NASDAQ:CLNN) fell 17.8% to $0.2852. Clene announced a 1-for-20 reverse stock split effective July 11, 2024.
  • Novo Integrated Sciences, Inc. (NASDAQ:NVOS) shares fell 16.4% to $0.6315.
  • Greenlane Holdings, Inc. (NASDAQ:GNLN) shares fell 15.8% to $0.2436 after gaining 5% on Monday.
  • Novo Integrated Sciences, Inc. (NASDAQ:NVOS) declined 15.7% to $0.6359.
  • Tonix Pharmaceuticals Holding Corp. (NASDAQ:TNXP) fell 15.6% to $0.6010 after the company announced pricing of approximately $4.0 million public offering.
  • Assure Holdings Corp. (NASDAQ:IONM) fell 15.4% to $4.83.
  • Applied Digital Corporation (NASDAQ:APLD) declined 14.5% to $6.11. Applied Digital said it sees fourth-quarter revenue of $41.7 million to $43.7 million versus estimates of $52.36 million.
  • Helios Technologies, Inc. (NYSE:HLIO) shares declined 13.4% to $40.10 after the company announced leadership team update. The company named Sean Bagan as Interim President and CEO.
  • Hywin Holdings Ltd – ADR (NASDAQ:HYW) shares fell 10.2% to $0.35 after jumping over 25% on Monday.
  • Cryoport, Inc. (NASDAQ:CYRX) shares declined 8.9% to $5.78.
  • Logistic Properties of the Americas (NYSE:LPA) dipped 8.6% to $9.01.
  • NWTN Inc. (NASDAQ:NWTN) fell 7.5% to $1.22.
  • Albemarle Corporation (NYSE:ALB) fell 7.1% to $92.10. Baird analyst Ben Kallo maintained Albemarle with an Outperform and lowered the price target from $170 to $127.
  • ChargePoint Holdings, Inc. (NYSE:CHPT) declined 7% to $1.7285.
  • Heartland Express, Inc. (NASDAQ:HTLD) fell 6.3% to $11.43. JP Morgan analyst Brian Ossenbeck downgraded Heartland Express from Neutral to Underweight and lowered the price target from $12 to $10.
  • UiPath Inc. (NYSE:PATH) fell 6% to $12.05 after the company announced it plans restructuring actions to manage its operating expenses that includes a 10% workforce reduction.
  • BP p.l.c. (NYSE:BP) shares fell 4.3% to $34.99 after the company disclosed the trading update for the second quarter of FY24, with oil trading results expected to be weak after a strong first quarter.

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Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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