Shares of AAR Corp. AIR fell during Friday’s session after the company reported mixed second-quarter financial results.
AAR reported quarterly sales of $545.4 million, up 16% Y/Y, missing the consensus of $557.2 million. Adjusted EPS from continuing operations rose 17% Y/Y to 81 cents, beating the consensus of 80 cents.
AAR recently disclosed the buyout of the Product Support business of Triumph Group Inc TGI for $725 million.
AAR shares fell 7% to $65.82 on Friday.
Here are some other stocks moving in today's mid-day session.
Gainers
- NextPlay Technologies, Inc. NXTP shares jumped 263% to $3.29.
- Jin Medical International Ltd. ZJYL gained 71% to $120.50.
- Daseke, Inc. DSKE gained 64.8% to $8.10 after the company announced it will be acquired by TFI International.
- Royalty Management Holding Corporation RMCO jumped 59% to $3.18. Royalty Management Holding announced that Ferrox Holdings confirmed the commencement of production of titanium ferrite from its Tivani operating site.
- Karuna Therapeutics, Inc. KRTX shares gained 46.9% to $316.20. Bristol Myers Squibb & Co BMY agreed to acquire Karuna Therapeutics for $330.00 per share in cash, for a total equity value of $14.0 billion, or $12.7 billion net of estimated cash acquired.
- Polished.com Inc. POL rose 46% to $5.91.
- Esports Entertainment Group, Inc. GMBL jumped 40.8% to $5.92.
- Argo Blockchain plc ARBK gained 35% to $3.4801.
- PureTech Health plc PRTC climbed 33.8% to $24.95 after the company announced that its Founded Entity, Karuna Therapeutics, entered into a definitive merger agreement to be acquired by Bristol Myers Squibb.
- Snow Lake Resources Ltd. LITM rose 29.6% to $1.1389.
- Asset Entities Inc. ASST rose 25.9% to $0.8310 after jumping 45% on Thursday. Asset Entities, last month, announced a stock repurchase program.
- Rocket Lab USA, Inc. RKLB shares gained 25% to $5.54 after the company announced a new $515 million contract with a U.S. government customer.
- Enlivex Therapeutics Ltd. ENLV rose 23.6% to $2.8150. Enlivex Therapeutics recently announced that it completed enrollment of all 120 patients in its Phase II trial of Allocetra in patients with sepsis.
- Atara Biotherapeutics, Inc. ATRA shares rose 22.4% to $0.5466 after the company announced the closing of the expanded global partnership with Pierre Fabre Laboratories for tabelecleucel.
- Neumora Therapeutics, Inc. NMRA surged 20.2% to $16.81.
- Canaan Inc. CAN gained 20% to $3.10.
- Wheels Up Experience Inc. UP rose 19.3% to $3.2801.
- Bitdeer Technologies Group BTDR gained 16.6% to $9.85.
- MoneyLion Inc. ML surged 14.6% to $64.42.
- Tourmaline Bio, Inc. TRML rose 14.3% to $23.01.
- ALX Oncology Holdings Inc. ALXO jumped 13.6% to $14.81.
- Allogene Therapeutics, Inc. ALLO gained 13.5% to $3.1333.
- Mineralys Therapeutics, Inc. MLYS rose 13% to $8.44. Mineralys said first subject dosed in Launch-HTN, the second pivotal trial of lorundrostat for treatment of hypertension.
- ZIM Integrated Shipping Services Ltd. ZIM surged 11.5% to $11.71.
- Jin Medical International Ltd. ZJYL gained 11.5% to $78.62.
- ImmunityBio, Inc. IBRX shares rose 11.2% to $4.5350 after declining 10% on Thursday.
- Apogee Therapeutics, Inc. APGE jumped 10.3% to $28.17.
- ANSYS, Inc. ANSS gained 10.2% to $334.05.
- Fulcrum Therapeutics, Inc. FULC rose 10.2% to $6.36.
- Prime Medicine, Inc. PRME gained 9% to $9.55.
- Compass, Inc. COMP gained 8.7% to $3.50.
- Altair Engineering Inc. ALTR surged 8.3% to $80.95 after JP Morgan initiated coverage on the stock with an Overweight rating and $86 price target.
Losers
- AlloVir, Inc. ALVR shares dipped 66.1% to $0.7904 after the company provided an update on its three Phase 3 clinical trials with posoleucel, an investigational off-the-shelf multi-virus-specific T cell therapy, which targets six viral pathogens in immunocompromised individuals: adenovirus (AdV), BK virus (BKV), cytomegalovirus (CMV), Epstein-Barr virus (EBV), human herpesvirus-6 (HHV-6) and JC virus (JCV).
- Jayud Global Logistics Limited JYD fell 46% to $1.49.
- Netcapital Inc. NCPL shares fell 36% to $0.2114 after the company announced pricing of a $4 million public offering.
- Advent Technologies Holdings, Inc. ADN shares fell 34.2% to $0.2050 after announcing a $2 million registered direct offering of common stock.
- Banyan Acquisition Corporation BYN fell 28.5% to $7.79.
- ParaZero Technologies Ltd. PRZO dipped 27% to $1.1700.
- Linkage Global Inc LGCB fell 24.4% to $1.77. Linkage Global recently priced $6 million initial public offering of 1.5 million ordinary shares at $4 per share.
- Cemtrex, Inc. CETX fell 20.3% to $5.18 following quarterly results.
- ATIF Holdings Limited ATIF dipped 20% to $0.8390.
- Lottery.com Inc. LTRY fell 18% to $3.01.The company’s shares jumped 196% on Thursday after the company announced an $18 million investment commitment from Prosperity Investment Management.
- 60 Degrees Pharmaceuticals, Inc. SXTP shares fell 17.3% to $0.9103 after declining around 6% on Thursday.
- Cyclacel Pharmaceuticals, Inc. CYCC fell 17.1% to $2.9850 after the company announced a registered direct and private placement offering priced at-the-market under Nasdaq rules.
- Brooge Energy Limited BROG fell 16.4% to $3.3590.
- Mullen Automotive, Inc. MULN shares fell 15.9% to $11.98. Mullen Automotive shares jumped 78% on Thursday amid increased volatility following the company's 1-for-100 reverse split, and after the company announced 38 additional Class 3 vehicles have been delivered to Randy Marion Automotive Group with the company invoicing RMA for $2.5 million.
- NetEase, Inc. NTES fell 14.9% to $88.81 after China unveiled draft rules aimed at curbing spending on online gaming.
- Nanobiotix S.A. NBTX shares declined 13.8% to $6.62 after jumping more than 15% on Thursday.
- NIKE, Inc. NKE shares fell 10.8% to $109.31. NIKE posted better-than-expected earnings for its second quarter, but sales missed expectations. The company also stated that it is assessing opportunities to deliver up to $2 billion in cumulative cost savings during the next three years.
- HUYA Inc. HUYA shares declined 9.8% to $3.2750. HUYA entered into definitive agreement to acquire a global mobile application service provider.
- Foot Locker, Inc. FL declined 5.5% to $30.54. Shares of footwear and athletic apparel stocks traded lower in sympathy with Nike, which fell after reporting mixed second-quarter results, lowering its outlook and announcing cost savings plans.
Now Read This: Ethereum Hits $2,300 Following PCE Data; Optimism Emerges As Top Gainer
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.