Shares of Helix Energy Solutions Group, Inc. HLX witnessed a dramatic drop during Tuesday’s trading session due to disappointing earnings.
Helix Energy reported adjusted earnings of 6 cents per share, falling short of the market’s expected 10 cents per share. The company’s quarterly sales were recorded at $335.16 million, slightly below the anticipated $315.60 million.
Consequently, Helix Energy Solutions shares tumbled by 11% to $9.13 by the close of trading on Tuesday.
In stark contrast, several other stocks experienced significant gains in today’s mid-day session.
Notable Gainers
- Janux Therapeutics, Inc. JANX shares surged 145% to $37.00 following the company’s announcement of updated clinical data for both its clinical programs.
- Presto Automation Inc. PRST soared 72% to $0.5657.
Market Movers: A Rollercoaster Ride on Wall Street
Winners
- TransMedics Group, Inc. TMDX Surges 9.5% to $85.14
- Novocure Group NVCR Sees 9.5% Rise Reaching $16.31
Losers
- Minerva Neurosciences, Inc. NERV Plummets 56.9% to $2.93 Post FDA Setback
- Infobird Co., Ltd IFBD Tumbles 55.8% to $1.2180 Amidst Volatility
- NRx Pharmaceuticals, Inc. NRXP Declines 32.7% After Public Offering News
- Thoughtworks Holding, Inc. TWKS Drops 30.6% Post Weak Guidance Announcement
- Alpine 4 Holdings, Inc. ALPP Sinks 26% to $0.8799
- Stagwell Inc. STGW Slips 25.6% Following Financial Results
- Calidi Biotherapeutics, Inc. CLDI Plunges 24.9% to $0.9084
- Clarivate Plc CLVT Falls 23.3% Post Financial Results Release
- Edgio, Inc. EGIO Downturns 21.5% After Reverse Stock Split
- Telesis Bio, Inc. TBIO Drops 21% Following Revenue Projection News
- Lotus Technology Inc. LOT Declines 20.3% to $11.36
- Pineapple Energy Inc. PEGY Falls 19.6% Post Offering Announcement
- The Aaron’s Company, Inc. AAN Slides 16.7% on Loss Report
- Perrigo Company plc PRGO Decreases 15.1% After Reporting Financial Results
- Intuitive Machines, Inc. LUNR Falls 10% Amid Moon Lander Mission Update
- Unity Software Inc. U Dips 8.3% on Mixed Financial Performance
- Primoris Services Corporation PRIM Slumps 7.2% After Earnings Release
- LendingTree, Inc. TREE Falls 6.9% Due to Weak Sales
- CarGurus, Inc. CARG Dips 4.2% Following Q4 Financial Report
- Workday, Inc. WDAY Declines 2.9% Post Acquisition Announcement
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