Why James Hardie Industries Shares Are Trading Lower By Around 14%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session
Written by Emily J. Thompson, Senior Investment Analyst
Source: Benzinga
- James Hardie Industries Financial Results:
- Shares of James Hardie Industries plc fell after reporting lower-than-expected quarterly earnings and sales.
- Adjusted earnings were 40 cents per share, missing the market's 42 cents per share estimate.
- Stocks on the Move:
- MGO Global, Inc. shares surged by 194%.
- Mangoceuticals, Inc. gained 121% after announcing new developments.
- Biodexa Pharmaceuticals Plc jumped 87% following positive clinical trial results.
- Meta Materials Inc. rose by 64.4% due to an update on short selling investigation.
- Other Stock Movements:
- Multiple companies experienced significant stock price increases ranging from 10% to 60%.
- Companies like Cheetah Net Supply Chain Service Inc., Greenwave Technology Solutions, and LuxUrban Hotels Inc. saw substantial declines in their stock prices.
- Palo Alto Networks and Keysight Technologies:
- Palo Alto Networks posted better-than-expected earnings but saw a 4.2% decline in its stock price.
- Keysight Technologies reported strong second-quarter earnings but experienced a 10.6% drop in its stock value.
- Additional Stock Movements:
- Various companies like GameStop Corp., JD.com, Inc., and Amer Sports, Inc. witnessed decreases in their stock prices.
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.
