Why AMMO Shares Are Trading Lower By Over 19%? Here Are Other Stocks Moving In Friday's Mid-Day Session
Written by Emily J. Thompson, Senior Investment Analyst
Source: Benzinga
- AMMO, Inc. Stock (POWW): Shares of AMMO, Inc. fell sharply after reporting fourth-quarter results, with a profit of 1 cent per share and sales exceeding estimates.
- Stocks on the Move: Various stocks experienced significant price movements during the mid-day session, including Kaival Brands Innovations Group, SRIVARU Holding Limited, CNS Pharmaceuticals, and others.
- Positive Gainers: Companies like Adobe Inc., Tutor Perini Corporation, and VinFast Auto Ltd. saw notable stock price increases.
- Declining Stocks: Several companies, such as QXO, Nexalin Technology, and Gain Therapeutics, witnessed substantial declines in their stock prices.
- Industry-Wide Impact: A range of industries, from pharmaceuticals to technology, were affected by both positive and negative stock movements.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
