Why Bank of Montreal Shares Are Trading Lower By Around 7%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session

Benzinga ·  May 30 01:28

Shares ofBank of Montreal(NYSE:BMO) fell sharply during Wednesday's session after the company reported worse-than-expected second-quarter financial results.

Bank of Montreal posted quarterly adjusted earnings of C$2.59 per share, missing market estimates of C$2.77 per share. The company's quarterly sales came in at C$7.988 billion missing expectations of C$8.046 billion, according to data from Benzinga Pro.

Bank of Montreal shares declined 7.1% to $89.32 on Wednesday.

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


  • ReShape Lifesciences Inc. (NASDAQ:RSLS) shares jumped 82.8% to $0.3799 a day after it received the nod from...
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