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Why Core & Main Shares Are Trading Lower By 11%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session

Benzinga ·  Jun 5 00:54

Shares ofCore & Main Inc(NYSE:CNM) fell sharply during Tuesday's session after the company reported mixed first-quarter financial results.

Core & Main posted quarterly earnings of 49 cents per share, missing market expectations of 52 cents per share. The company's quarterly sales came in at $1.74 billion versus estimates of $1.72 billion, according to data from Benzinga Pro.

Core & Main shares dipped 11.4% to $49.77 on Tuesday.

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

Gainers

  • MicroAlgo Inc (NASDAQ:MLGO) shares jumped 284% to 5.99 after the company announced that it will jointly establish a micro-consciousness quantum research center with...
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