Shares ofDiodes Incorporated(NASDAQ:DIOD) fell sharply during Friday's session after the company reported worse-than-expected quarterly financial results.
Diodes posted adjusted earnings of 28 cents per share, missing market estimates of 31 cents per share. The company's quarterly sales came in at $301.97 million missing expectations of $305.01 million, according to data from Benzinga Pro.
Diodes shares dipped 9.8% to $68.99 on Friday.
Here are some other stocks moving in today's mid-day session.
Gainers
- Novavax, Inc. (NASDAQ:NVAX) shares jumped 139% to $10.73 after the company and Sanofi announced a co-exclusive licensing agreement to commercialize a COVID-19 vaccine and develop...
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