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Why Selective Insurance Group Shares Are Trading Lower By Around 15%? Here Are Other Stocks Moving In Friday's Mid-Day Session
Why Selective Insurance Group Shares Are Trading Lower By Around 15%? Here Are Other Stocks Moving In Friday's Mid-Day Session
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Shares of Selective Insurance Group, Inc. NASDAQ:SIGI fell sharply during Friday's session following Selective Insurance reported quarterly losses of $1.10 per share which missed the analyst consensus estimate of $1.49 per share. The company reported quarterly sales of $1.196 billion which missed the analyst consensus estimate of $1.204 billion, according to data from . Selective Insurance Group shares dipped 14.8% to $85.40 on Friday. Here are some other stocks moving in today’s mid-day session. Gainers Augmedix, Inc. NASDAQ:AUGX shares jumped 148.8% to $2.28 after the company announced it will be acquired by Commure. 60 Degrees Pharmaceuticals, Inc. NASDAQ:SXTP climbed 85.7% to $0.4566 after the company signed clinical trial agreements with three planned trial sites for the Tafenoquine Babesiosis study. Virpax Pharmaceuticals, Inc. NASDAQ:VRPX shares gained 70% to $2.36. Maxim Group analyst Naz Rahman upgraded Virpax Pharmaceuticals from Hold to Buy and announced a price target of $3. Serve Robotics Inc. NASDAQ:SERV gained 51.3% to $3.98 after gaining over 12% on Thursday. Hawaiian Electric Industries, Inc. NYSE:HE shares rose 36.1% to $17.35 following a report suggesting the company reached a settlement plan over the Maui wildfires. Autonomix Medical, Inc. NASDAQ:AMIX gained 34% to $1.83. Permianville Royalty Trust NYSE:PVL rose 22.7% to $1.4601. Permianville Royalty Trust announced a cash distribution to the holders of its units of beneficial interest of $0.011000 per unit, payable on Aug. 14, 2024 to unitholders of record on July 31, 2024. Power REIT AMEX:PW surged 15.4% to $0.9808. NaaS Technology Inc. NASDAQ:NAAS shares gained 14.1% to $9.23 after jumping 53% on Thursday. Antelope Enterprise Holdings Limited NASDAQ:AEHL climbed 13.6% to $4.1001. Golden Sun Health Technology Group Limited NASDAQ:GSUN gained 13.6% to $7.75. MoneyLion Inc. NYSE:ML gained 11.6% to $71.21. MoneyLion will release its financial results for the second quarter of 2024 on Tuesday, Aug. 6, 2024. HIVE Digital Technologies Ltd. NASDAQ:HIVE gained 9.8% to $4.02. B. Riley Securities analyst Lucas Piper initiated coverage on HIVE Digital Technologies with a Buy rating and announced a price target of $6. Intuitive Surgical, Inc. NASDAQ:ISRG rose 8.3% to $450.52 after the company reported better-than-expected second-quarter financial results. Torrid Holdings Inc. NYSE:CURV gained 7.7% to $8.00. Western Alliance Bancorporation NYSE:WAL rose 7.2% to $76.16 following upbeat quarterly results. Kuke Music Holding Limited NYSE:KUKE gained 6.7% to $1.28. Losers SunPower Corporation NASDAQ:SPWR shares dipped 45.8% to $0.82. SunPower shares dipped 40% on Thursday following the company's announcement of a significant operational pause and a subsequent analyst downgrade. Hyzon Motors Inc. NASDAQ:HYZN shares fell 42% to $0.1648 after the company reported pricing of $4.5 million registered direct offering. Nauticus Robotics, Inc. NASDAQ:KITT fell 30.5% to $0.0896 after the company announced a 1-for-36 reverse stock split. Silo Pharma, Inc. NASDAQ:SILO declined 26% to $2.57 as the company announced a $2.1 million registered direct offering priced at-the-market under Nasdaq rules. Salarius Pharmaceuticals, Inc. NASDAQ:SLRX shares dipped 23.1% to $1.86 after jumping 59% on Thursday. Salarius Pharmaceuticals was recently notified by MD Anderson Cancer Center of a Grade 4 adverse event in the Seclidemstat clinical trial. TRxADE HEALTH, Inc. NASDAQ:MEDS fell 19.6% to $16.80. Onconetix, Inc. NASDAQ:ONCO fell 18.1% to $0.1787 after gaining over 46% on Thursday. Crown LNG Holdings Limited NASDAQ:CGBS dipped 16.7% to $1.4995. Plug Power Inc. NASDAQ:PLUG shares fell 16% to $2.4550 after the company announced the commencement of a $200 million public offering of its common stock. Selina Hospitality PLC NASDAQ:SLNA dipped 15.7% to $0.0477. Scholastic Corporation NASDAQ:SCHL fell 15.4% to $30.94 following weaker-than-expected fourth-quarter results. Plug Power Inc. NASDAQ:PLUG shares declined 15.4% to $2.47 after the company announced the commencement of a $200 million public offering of its common stock. Corsair Gaming, Inc. NASDAQ:CRSR dipped 14.3% to $8.32 after the company reported preliminary financial results below estimates. Also, Baird maintained a Neutral rating on the stock and lowered its price target from $14 to $10. American Rebel Holdings, Inc. NASDAQ:AREB fell 13.9% to $0.6298. QXO, Inc. NASDAQ:QXO fell 13.6% to $58.00. Comerica Incorporated NYSE:CMA dipped 13.4% to $48.81 following second-quarter results. Wipro Limited NYSE:WIT fell 11.4% to $6.11 following first-quarter results. AAR Corp. NYSE:AIR dipped 10.6% to $65.51 following weak quarterly sales. CrowdStrike Holdings, Inc. NASDAQ:CRWD shares fell 10.1% to $308.48 after the company suffered major outage impacting businesses around the world. Joby Aviation, Inc. NYSE:JOBY dipped 8.3% to $6.39. Autoliv, Inc. NYSE:ALV fell 8.1% to $99.82 following downbeat quarterly results. The Travelers Companies, Inc. NYSE:TRV declined 5.6% to $208.32 following weak quarterly sales. Intel Corporation NASDAQ:INTC fell 5.5% to $32.90. Visteon Corporation NASDAQ:VC dipped 5% to $107.85. Now Read This: © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.