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Titan Machinery Stumbles after Missing Earnings Expectations

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Investors were handed a bitter pill as Titan Machinery Inc. TITN fell short of earnings expectations, sending the stock down 8.1% to $23.41 on Thursday

Titan Machinery reported quarterly earnings of $1.32 per share, missing market estimates of $1.53 per share, with quarterly sales of $694.12 million versus estimates of $727.20 million.

But it’s not all doom and gloom. Here’s a look at other stocks flourishing in today’s mid-day session.

Blooming Stocks

  • Minim Inc MINM shares rocketed 700% to $7.36 after gaining over 13% on Wednesday.
  • AgriFORCE Growing Systems Ltd. AGRI grew 174% to $2.47.
  • Soligenix, Inc. SNGX surged 116% to $0.90 after FDA IND clearance for its Phase 2 clinical trial.
  • ImmunoGen, Inc. IMGN rose 80% to $28.89 after acquisition news by AbbVie.

Lagging Stocks

  • Vivos Therapeutics, Inc. VVOS stocks dwindled 40.7% to $24.30.
  • RedHill Biopharma Ltd. RDHL dropped 35.6% to $1.8499 despite recent gains.
  • POET Technologies Inc. POET tumbled 31.4% to $0.7603 after an underwritten public offering announcement.


Now Read This: How To Make $500 A Month With Pfizer Stock

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