Why International Flavors & Fragrances Shares Are Trading Lower By Around 8%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 21 2024
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Source: Business Insider
- International Flavors & Fragrances Inc. (NYSE:IFF): Reported mixed fourth-quarter financial results and cut its expected quarterly dividend by 50%.
- Gainers: Several stocks surged during the mid-day session, including Greenbrook TMS, Emergent BioSolutions, Ventyx Biosciences, and others due to positive news and financial results.
- Losers: Stocks like AtlasClear Holdings, Shineco, Synchronoss Technologies, and more experienced significant declines following various negative reports and financial results.
- Bitcoin Falls Below $51,000: Bitcoin's price dropped below $51,000, and Starknet emerged as the top loser in the market.
- Overall Market Movement: A mix of gains and losses was observed across different companies, with some experiencing substantial growth while others faced notable declines.
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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.
