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Why H&E Equipment Services Shares Are Trading Lower By Around 18%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session

Benzinga ·  May 1 01:24

Shares ofH&E Equipment Services, Inc.(NASDAQ:HEES) fell sharply during Tuesday's session following mixed first-quarter results.

H&E Equipment posted GAAP earnings of 71 cents per share, versus market estimates of 77 cents per share. The company's quarterly sales came in at $371.357 million versus expectations of $352.518 million, according to data from Benzinga Pro.

H&E Equipment Services shares dipped 18.2% to $48.45 on Tuesday.

Here are some other stocks moving in today's mid-day session.

Gainers

  • Akili, Inc. (NASDAQ:AKLI) shares jumped 67.2% to $0.3927 after the company announced Shionogi has canceled and forgiven a $5.0 million long-term debt obligation...
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