Benzinga
Published Feb 29, 2024 19:00
Updated Feb 29, 2024 20:10
Why Butterfly Network Shares Are Trading Lower By 22%? Here Are Other Stocks Moving In Thursday's Mid-Day Session
Benzinga - by Avi Kapoor, Benzinga Staff Writer.
Shares of Butterfly Network, Inc. (NASDAQ: BFLY) fell sharply during Thursday’s session after the company reported mixed fourth-quarter financial results.
Butterfly Network posted GAAP loss of 21 cents per share versus market estimates for a loss of 14 cents per share. The company’s quarterly sales came in at sales came in $16.52 million versus estimates of $15.35 million.
Butterfly Network shares dipped 21.7% to $1.1588 on Thursday.
Here are some other stocks moving in today's mid-day session.
Gainers
Now Read This: NVIDIA To Rally Around 27%? Here Are 10 Top Analyst Forecasts For Thursday
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