Shares of The Container Store Group, Inc. (NYSE: TCS) shares fell sharply during Wednesday’s session following weak quarterly results.
Container Store Group posted adjusted loss of 8 cents per share, compared to market expectations for a loss of 5 cents per share. The company’s quarterly sales came in at $214.90 million versus estimates of $220.72 million.
Container Store Group shares dipped 22.7% to $1.3150 on Wednesday.
Here are some other stocks moving in today's mid-day session.
Gainers
MicroCloud Hologram Inc. (NASDAQ: HOLO) shares jumped 400% to $7.51. The company announced it planned to join the Communications Industry Association. HOLO intends to join the Communications Industry Association to foster information technology innovation.
SMX (Security Matters) Public Limited Company (NASDAQ: SMX) shares climbed 138% to $0.5528.
Glatfelter Corporation (NYSE: GLT) climbed 68.8% to $2.1450 after the company and Berry Global announced they entered into definitive agreements for Berry to spin-off and merge the majority of its Health, Hygiene and Specialties segment to include its Global Nonwovens and Films business with Glatfelter.
MariaDB plc (NYSE: MRDB) gained 57% to $0.3782 after jumping more than 26% on Tuesday.
ThermoGenesis Holdings, Inc. (NASDAQ: THMO) climbed 37.7% to $0.8101.
Recon Technology, Ltd. (NASDAQ: RCON) rose 33.3% to $0.1934.
Ault Alliance, Inc. (NYSE: AULT) surged 28.1% to $0.4549. Ault Alliance said it determined not to pursue new acquisitions during 2024, though it may continue to make strategic investments.
Luokung Technology Corp. (NASDAQ: LKCO) gained 27.4% to $0.6269.
MicroAlgo Inc. (NASDAQ: MLGO) rose 27% to $0.4939.
Aviat Networks, Inc. (NASDAQ: AVNW) surged 23.7% to $37.20 after the company reported better-than-expected second-quarter financial results and issued FY24 revenue guidance above estimates.
Jianpu Technology Inc. (NYSE: JT) gained 18.5% to $0.7584.
Enphase Energy, Inc. (NASDAQ: ENPH) rose 17.7% to $118.36 after the company reported quarterly financial results.
Sonos, Inc. ...
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