Why Toro Are Trading Lower By 14%? Here Are Other Stocks Moving In Thursday's Mid-Day Session
Portfolio Pulse from Lisa Levin
The article lists the stocks that gained and lost the most during Thursday's mid-day trading session. Some of the biggest gainers include American Rebel Holdings, Wheeler Real Estate Investment Trust, and Sigma Additive Solutions. On the other hand, some of the biggest losers include Palisade Bio, Edible Garden AG, and Sportsman's Warehouse Holdings. The Toro Company's shares declined by 13.7% due to worse-than-expected third-quarter results and a cut in its FY23 guidance.
September 07, 2023 | 5:19 pm
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POSITIVE IMPACT
American Rebel Holdings' shares jumped 100% after the company's subsidiary Champion Safe received a high volume of calls from safe dealers and customers looking for alternatives to safes made by Liberty Safe.
American Rebel Holdings' subsidiary Champion Safe has been receiving a high volume of calls from safe dealers and customers looking for alternatives to safes made by Liberty Safe, which led to a surge in its stock price.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
POSITIVE IMPACT
Sigma Additive Solutions' shares jumped 68% after the company announced to acquire NextTrip for around $48 million and sell assets of quality assurance software to a strategic buyer.
Sigma Additive Solutions announced to acquire NextTrip for around $48 million and sell assets of quality assurance software to a strategic buyer, which led to a surge in its stock price.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
POSITIVE IMPACT
Wheeler Real Estate Investment Trust's shares jumped 86.1% after the company posted Series D redemption forms on its website.
Wheeler Real Estate Investment Trust posted Series D redemption forms on its website, which led to a surge in its stock price.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEGATIVE IMPACT
Edible Garden AG's shares fell 35.8% after the company reported pricing of a $3.0 million underwritten public offering.
Edible Garden AG reported pricing of a $3.0 million underwritten public offering, which led to a decline in its stock price.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEGATIVE IMPACT
Palisade Bio's shares dipped 44.1% after the company announced a $2 million registered direct offering.
Palisade Bio announced a $2 million registered direct offering, which led to a decline in its stock price.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEGATIVE IMPACT
Sportsman's Warehouse Holdings' shares fell 32.4% after the company reported worse-than-expected second-quarter earnings.
Sportsman's Warehouse Holdings reported worse-than-expected second-quarter earnings, which led to a decline in its stock price.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEGATIVE IMPACT
The Toro Company's shares declined by 13.7% due to worse-than-expected third-quarter results and a cut in its FY23 guidance.
The Toro Company reported worse-than-expected third-quarter results and cut its FY23 guidance, which led to a decline in its stock price.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100