Shares ofAMMO, Inc. (NASDAQ:POWW) fell sharply during Friday's session following fourth-quarter results.

AMMO reported a fourth-quarter profit of 1 cent per share, compared to market expectations for a loss of 1 cent per share. The company reported quarterly sales of $40.42 million topping estimates of $37.90 million, according to data from Benzinga Pro.

AMMO shares dipped 19.1% to $2.0306 on Friday.

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

Gainers

• Kaival Brands Innovations Group, Inc. (NASDAQ:KAVL) shares jumped 345% to $6.06.
• SRIVARU Holding Limited (NASDAQ:SVMH) gained 150% to $0.3852 after the company announced it will begin accepting paid reservations...