Why Hibbett Shares Are Trading Lower By 10%? Here Are Other Stocks Moving In Friday's Mid-Day Session
Portfolio Pulse from Lisa Levin
Hibbett shares dropped 9.6% following worse-than-expected Q1 results. Other stocks that moved in Friday's mid-day session include gainers such as Onfolio Holdings, Marvell Technology, and Arcus Biosciences, and losers such as DLocal, Tilray Brands, and Ulta Beauty.
May 26, 2023 | 4:48 pm
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Hibbett shares dropped 9.6% following worse-than-expected Q1 results.
Hibbett's stock price dropped due to worse-than-expected Q1 results, which may indicate a weaker financial performance than anticipated by investors. This could lead to a negative short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100