Pitney Bowes Stock (NYSE:PBI), Trade Ideas

Pitney Bowes

Pitney Bowes is a Global technology company that offers e-commerce solutions to its clients. The company provides various products and services such as domestic delivery, return and fulfillment, cross-border shipping solutions, sorting services for large volumes of postal mails, technological solutions to enable digital mailing, shipping, and other services. The company operates through three business segments: Global e-commerce, presort services, and SendTech Solutions. The company generates majority of its revenue from United States.

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Pitney Bowes reports Q4 sales decline, beating estimates, with adjusted EPS of $0.07; outlook projects flat to low-single-digit revenue decline for FY24.

Pitney Bowes Posts Stronger-Than-Expected Q4 Earnings Amid Sales Challenges: Details

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Pitney Bowes Inc

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Pitney Bowes Inc 6.70% Notes Due 2043

John Witek, the Company's Most Recent Head of Global Business Services and SendTech's Former Chief Financial Officer, to Serve as Interim Chief Financial Officer, Pitney Bowes
Mr. Witek Brings Expertise in Optimizing Cost and Realizing Efficiencies That Will Support Go-Forward Goals
Pitney Bowes Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PBI#NYSE">PBI</a>) ("Pitney Bowes" or the "Company"), a global shipping and mailing company that provides technology, logistics, and financial services, today announced that John Witek, who was most recently Head of Global Business Services, has been appointed interim Chief Financial Officer, effective March 19, 2024. Mr. Witek's appointment follows the departure of Ana Maria Chadwick, who is leaving to assume a new role with another organization. Ms. Chadwick has agreed to remain at the Company as an advisor until April 21, 2024 to ensure a seamless transition.
The Company has initiated a formal search process with recruitment firm Crist Kolder Associates for Ms. Chadwick's permanent replacement. The Company will consider candidates with experience in areas that include business transformation, capital allocation and efficiency, cost containment, debt management and reduction, strategic restructurings, and transactions.
As Head of Global Business Services, Mr. Witek focused on driving efficiency and transformation throughout the company. Prior to that, he was the Chief Financial Officer of the Company's SendTech segment from 2019 through 2022 where he brought an intense focus on disciplined capital management and strategic investments in growth adjacencies. Given his integral role in the repositioning of SendTech while Jason Dies, current interim Chief Executive Officer, was overseeing the segment, Mr. Witek brings the experience and understanding of the business needed to advance the Company's strategic initiatives and also to provide stability and support in the coming quarters.
Mr. Dies commented:
"Based on his recent successes in Global Business Services and SendTech, John is the ideal person to step into the interim Chief Financial Officer position. He understands the importance of efficiency and knows how to put a business on a tangible path to consistent profitability. I have every confidence that we will benefit from John in this role as the Company explores new opportunities for capital and operational efficiency. I also thank Ana for her years of service and wish her the best in her future pursuits."
Additional details will be filed on a Form 8-K with the U.S. Securities and Exchange Commission.
John Witek Biography
John Witek has nearly four decades of corporate finance experience within the business services and information technology sectors. Since joining Pitney Bowes in 2019, he has held roles that include Head of Global Business Services and Chief Financial Officer of SendTech. He has played active roles in cost rationalization programs, efficiency measures, and segment profitability improvement. Previously, he was the Vice President of Global Financial Operations at Concentrix. Prior to that, he held several financial leadership positions across divisions and functions at IBM. He has a degree in finance from Northeastern University and an MBA in Finance from Long Island University.

Management

Pitney Bowes Announces CFO Transition Process, John Witek, To Serve As Interim Chief Financial Officer, Effective March 19, 2024;  Ana Maria Chadwick, Leaving To Assume A New Role With Another Organization

Wednesday marks the last chance for investors to receive the next dividend payout from Pitney Bowes (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PBI#NYSE">PBI</a>). 
<h3>What's Happening</h3>
The company announced on Thursday that it would pay shareholders a quarterly dividend of 5 cents per share. On Thursday, Pitney Bowes will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 5 cents lower than it would have opened on any other day.
In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Thursday. Shareholders who own PBI as of the end of Wednesday's session are eligible to receive the 5 cents dividend payout for every share that they own. 
According to the company, this dividend will be paid out to shareholders on March 14, 2024. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. 
<a href="https://www.benzinga.com/quote/PBI">Monitor live stock price updates for Pitney Bowes on Benzinga.</a>

Dividends

Wednesday Is Your Last Chance To Buy Pitney Bowes Before The Dividend Payout

Pitney Bowes Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PBI#NYSE">PBI</a>) reported a fourth-quarter FY23 sales decline of 4% year-on-year to $871.58 million,&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/02/b36884650/pitney-bowes-announces-fourth-quarter-and-full-year-2023-financial-results" rel="noreferrer noopener">beating the analyst consensus of $849.85 million.</a>
The global shipping and mailing company reported an adjusted EPS of $0.07,&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/earnings" rel="noreferrer noopener">beating the consensus of $0.02</a>.
The fourth quarter revenue decline was driven by a reduction in meter base, the timing of product lifecycle, and a tough prior year comparison in shipping products.&nbsp;
Recurring revenue from shipping solutions grew 17% versus the prior year and helped offset the decline.
Improvements in gross margin, strong execution, and cost reduction actions drove EBIT and EBIT margin expansion in the fourth quarter.
The company exited the quarter with cash and equivalents worth $623 million.
Dividend:&nbsp;The company declared a quarterly cash dividend on the company&#8217;s common stock of $0.05 per share. The dividend will be paid on March 14, 2024, to&nbsp;<a target="_blank" href="https://www.benzinga.com//node/36885012" rel="noreferrer noopener">stockholders of record on February 9, 2024.</a>
Outlook:&nbsp;Pitney Bowes expects FY24 revenue growth to range flat to low-single digit decline and&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">EBIT margins to remain relatively flat year over year.</a>
The company expects incremental benefit in 2024 from the company-wide cost reduction program as savings from actions taken in 2023.
The company expects restoration of variable compensation and&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">wage inflation to partially offset gains.</a>
Price Action:&nbsp;PBI shares are trading higher by 0.4866% to $4.13 on the last check Thursday.&nbsp;

Pitney Bowes Declared Quarterly Cash Dividend Of $0.05 Per Share, Which Will Be Paid On March 14, 2024 To Stockholders Of Record On February 9, 2024

Pitney Bowes Expects FY24 Revenue Growth To Range Flat To A Low-single Digit Decline And EBIT Margins To Remain Relatively Flat YoY

Pitney Bowes (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PBI#NYSE">PBI</a>) reported adjusted quarterly earnings of $0.07 per share which beat the analyst consensus estimate of $0.02 by 250 percent. This is a 16.67 percent increase over earnings of $0.06 per share from the same period last year. The company reported quarterly sales of $871.58 million which beat the analyst consensus estimate of $849.85 million by 2.56 percent. This is a 4.08 percent decrease over sales of $908.69 million the same period last year.

Pitney Bowes Q4 Adj. EPS $0.07 Beats $0.02 Estimate, Sales $871.58M Beat $849.85M Estimate

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Earnings Scheduled For February 1, 2024

The Board will elect a new Chair following Guilfoile&#39;s retirement. Additionally, the Company announced the addition of independent members &ndash; William S. Simon and Jill Sutton &ndash; to its Board, effective February 1, 2024.&nbsp;Once the Company appoints its next permanent Chief Executive Officer, that individual is expected to be added to the Board and become its tenth member.

Pitney Bowes Enters Cooperation Agreement With Hestia Capital; Mary Guilfoile Will Step Down As Chair And Retire From Board Following 2024 Annual Meeting

Pitney Bowes (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PBI#NYSE">PBI</a>) is set to give its latest quarterly earnings report on Thursday, 2024-02-01. Here's what investors need to know before the announcement.
Analysts estimate that Pitney Bowes will report an earnings per share (EPS) of $0.02. 
Pitney Bowes bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Past Earnings Performance</h3>
Last quarter the company beat EPS by $0.01, which was followed by a 3.27% increase in the share price the next day.
Here's a look at Pitney Bowes's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2023</th>
<th>Q2 2023</th>
<th>Q1 2023</th>
<th>Q4 2022</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>-0.01</td>
<td>-0.04</td>
<td>0</td>
<td>0.08</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0</td>
<td>-0.02</td>
<td>-0.01</td>
<td>0.06</td>
</tr>
<tr>
<td>Price Change %</td>
<td>3.27%</td>
<td>0.88%</td>
<td>3.81%</td>
<td>3.25%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1706727704_0.png" alt="eps graph" />
<h3>Stock Performance</h3>
Shares of Pitney Bowes were trading at $4.3 as of January 30. Over the last 52-week period, shares are down 6.07%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release. 
<a href="https://www.benzinga.com/quote/PBI/earnings">To track all earnings releases for Pitney Bowes visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

A Preview Of Pitney Bowes's Earnings

Monday marks the last chance for investors to receive the next dividend payout from Pitney Bowes (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PBI#NYSE">PBI</a>). 
<h3>What's Happening</h3>
The company announced on Thursday that it would pay shareholders a quarterly dividend of 5 cents per share. On Tuesday, Pitney Bowes will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 5 cents lower than it would have opened on any other day.
In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Tuesday. Shareholders who own PBI as of the end of Monday's session are eligible to receive the 5 cents dividend payout for every share that they own. 
According to the company, this dividend will be paid out to shareholders on December 06, 2023. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. 
<a href="https://www.benzinga.com/quote/PBI">Track real-time stock fluctuations for Pitney Bowes on Benzinga.</a>

Pitney Bowes: Dividend Insights

Automated ecommerce hubs, an expanded regional delivery service, and new robotics solutions have Pitney Bowes ready for ecommerce peak season demand.
Pitney Bowes (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PBI#NYSE">PBI</a>), a global shipping and mailing company that provides technology, logistics, and financial services, today announced ways it is strengthening its domestic parcels network and service. Pitney Bowes, a company with a long history of innovation, is leveraging a number of emerging technologies, including automated parcel sortation equipment and robotics to efficiently enable on-time deliveries, and process consumer returns for ecommerce brands and retailers.
"We made several changes to our network in 2023 to shift operations from older, more manual sites to more modern, fully automated logistics hubs," said Gregg Zegras, EVP and President, Global Ecommerce at Pitney Bowes. "As a result of these and other changes, which are better for our clients and our associates, we are entering peak season with a network that is faster and more efficient than ever before."
Since peak 2021, Pitney Bowes has made a series of network enhancements and improvements in its operations. It also focused on providing shippers more options to achieve cost-effective delivery in select markets.
<ul>
<li>Opened next-generation Global Ecommerce Hubs in Chicago, Illinois and Columbus, Ohio. The modern and fully automated facilities are helping meet growing client demand for broader, faster, and more predictable delivery and returns services throughout the Midwest region and across the Pitney Bowes national parcel delivery network.</li>
<li>Deployed new automation solutions, including new <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.businesswire.com%2Fnews%2Fhome%2F20231010966768%2Fen%2FAmbi-Robotics-Expands-Partnership-with-Pitney-Bowes-to-Automate-Middle-Mile-Sorting&amp;esheet=53781238&amp;newsitemid=20231108420278&amp;lan=en-US&amp;anchor=AmbiSort+AI-powered+robotics&amp;index=1&amp;md5=f55b55d279a94ea257ce9bdba5bb49eb">AmbiSort AI-powered robotics</a> for parcel sortation for middle-mile operations, and Plus One Induction Robots to pick and place parcels on our automated systems. These solutions target specific processes that can be repetitive and physically demanding such as pick-and-place, interfacility sortation, zone skipping and reverse logistics.</li>
<li>Announced the expansion of its <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fnews.pb.com%2Farticle_display.cfm%3Farticle_id%3D6111&amp;esheet=53781238&amp;newsitemid=20231108420278&amp;lan=en-US&amp;anchor=regional+delivery+service&amp;index=2&amp;md5=d9c9145a06f86cb490493af5d816b47f">regional delivery service</a> models to more than 20 major cities across the Southeast and Southwest United States. This new regional service has seen significant uptake as the Company brings a cost-effective service to market that reaches ~240MM consumers in three days or less.</li>
</ul>
As part of its consultative approach, Pitney Bowes offers retailers and brands a comprehensive analysis of shipping volumes to help determine which parcels best fit a regional service model while continuing to maximize national volume tier discounts. The Company leverages its <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.pitneybowes.com%2Fecommerce&amp;esheet=53781238&amp;newsitemid=20231108420278&amp;lan=en-US&amp;anchor=Designed+Delivery+Platform&amp;index=3&amp;md5=05255a1cd5e30739aec36ea9f8d142af">Designed Delivery Platform</a> for ecommerce shippers to process parcels at scale.
The culmination of these changes has helped win and support our Domestic Parcel volumes growing 38% year-over-year in Q3 with a market backdrop that is much less favorable, while also achieving our highest client NPS for this segment.
Pitney Bowes has expanded its Global Ecommerce business significantly in recent years, growing it from a single service and a single client in 2012 to providing fulfillment, delivery, returns and cross-border services to hundreds of retail and marketplace clients today. The business unit generated $1.5 billion in revenue in 2022, serving thousands of ecommerce shippers supporting an estimated $36B in gross merchandise value (GMV).

Pitney Bowes Strengthens Network Capabilities Through Automation And Expanded Delivery Services

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<li>Panbela Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/pbla#NASDAQ">PBLA</a>) shares climbed 40.6% to $1.1050. Panbela announced the publication of preclinical and clinical data from studies of CPP-1X (also known as &alpha;-Difluoromethylornithine (DFMO) or Eflornithine) in recent onset type 1 diabetes (T1D).</li>
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<li>Arcellx, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aclx#NASDAQ">ACLX</a>) gained 23.3% to $42.42. Arcellx announced oral presentation for its CART-ddBCMA Phase 1 trial in patients with relapsed or refractory multiple myeloma at the 65th ASH Annual Meeting and Exposition.</li>
<li>Shopify Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/shop#NYSE">SHOP</a>) surged 22.4% to $59.69 after the company reported better-than-expected third-quarter financial results.</li>
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<li>Advent Technologies Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/adn#NASDAQ">ADN</a>) jumped 22% to $0.46.</li>
<li>Joby Aviation, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/joby#NYSE">JOBY</a>) climbed 21.3% to $6.50 following strong earnings.</li>
<li>Sinclair, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sbgi#NASDAQ">SBGI</a>) gained 21.2% to $12.86 following quarterly results.</li>
<li>Virios Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/viri#NASDAQ">VIRI</a>) gained 21.1% to $0.6240.</li>
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<li>Fastly, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/fsly#NYSE">FSLY</a>) shares jumped 18.7% to $16.92 after the company reported upbeat third-quarter financial results.</li>
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<li>Palantir Technologies Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/pltr#NYSE">PLTR</a>) surged 18.5% to $17.68 after the company reported better-than-expected third-quarter financial results and raised FY23 revenue guidance.</li>
<li>Opendoor Technologies Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/open#NASDAQ">OPEN</a>) jumped 18.3% to $2.2350.</li>
<li>Pitney Bowes Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/pbi#NYSE">PBI</a>) gained 18.3% to $3.75 following upbeat earnings.</li>
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<li>Aviat Networks, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/avnw#NASDAQ">AVNW</a>) surged 15.9% to $30.67 following first-quarter results.</li>
<li>JFrog Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/frog#NASDAQ">FROG</a>) climbed 15.6% to $26.07 after the company reported better-than-expected third-quarter financial results and issued guidance.</li>
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<li>Cellectis S.A. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/clls#NASDAQ">CLLS</a>) shares climbed 14% to $3.0094. Cellectis shares are jumped around 174% on Wednesday after the company announced a research agreement with AstraZeneca. The company is scheduled to report financial results for the third quarter on Nov. 6, 2023.</li>
<li>Cars.com Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cars#NYSE">CARS</a>) gained 13% to $17.00 following third-quarter results.</li>
<li>LumiraDx Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lmdx#NASDAQ">LMDX</a>) shares rose 8.7% to $0.0889 after falling 17% on Wednesday. LumiraDX recently announced the receipt of the Nasdaq delisting determination.</li>
<li>The Clorox Company (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/clx#NYSE">CLX</a>) gained 7.6% to $124.13 after the company reported better-than-expected quarterly sales results.</li>
<li>Lyft, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lyft#NASDAQ">LYFT</a>) gained 7.3% to $9.84.</li>
<li>QUALCOMM Incorporated (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/qcom#NASDAQ">QCOM</a>) gained 4.9% to $116.26 after the company reported better-than-expected fourth-quarter financial results and issued first-quarter sales guidance above estimates.</li>
<li>PayPal Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/pypl#NASDAQ">PYPL</a>) shares rose 3.9% to $53.65 following upbeat results.</li>
</ul>
<h3>Losers</h3>
<ul>
<li>Outlook Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/otlk#NASDAQ">OTLK</a>) shares fell 48.3% to $0.3268 after the FDA informed the company that an additional adequate and well-controlled clinical trial would be required for the approval of ONS-5010 for the treatment of wet AMD.</li>
<li>Confluent, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cflt#NASDAQ">CFLT</a>) fell 44.3% to $15.68 after the company reported third-quarter financial results.</li>
<li>Remitly Global, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/rely#NASDAQ">RELY</a>) dipped 33.2% to $18.43 after the company reported mixed third-quarter financial results.</li>
<li>Acurx Pharmaceuticals, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/acxp#NASDAQ">ACXP</a>) fell 31.4% to $3.48 after the company released efficacy results from a Phase 2 trial.</li>
<li>reAlpha Tech Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aire#NASDAQ">AIRE</a>) declined 31.1% to $12.06</li>
<li>POET Technologies Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/poet#NASDAQ">POET</a>) dipped 29.4% to $1.9212 after the company initiated a public offering in the United States and a non-brokered offering in Canada.</li>
<li>Gannett Co., Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/gci#NYSE">GCI</a>) fell 24.8% to $1.7290 following third-quarter results.</li>
<li>DarioHealth Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/drio#NASDAQ">DRIO</a>) declined 23.3% to $0.7746 following downbeat quarterly results.</li>
<li>Seres Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mcrb#NASDAQ">MCRB</a>) fell 19.7% to $1.1550 following quarterly results.</li>
<li>Sangamo Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sgmo#NASDAQ">SGMO</a>) dropped 18.5% to $0.4814 following weak quarterly results.</li>
<li>Safe and Green Development Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sgd#NASDAQ">SGD</a>) shares fell 18% to $0.7715 after declining 6% on Wednesday.</li>
<li>Connect Biopharma Holdings Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cntb#NASDAQ">CNTB</a>) declined 18% to $1.4522.</li>
<li>Omnicell, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/omcl#NASDAQ">OMCL</a>) declined 17.5% to $29.51 following third-quarter results.</li>
<li>Procore Technologies, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/pcor#NASDAQ">PCOR</a>) shares fell 17.3% to $49.79 after the company reported third-quarter financial results and issued guidance.</li>
<li>Inari Medical, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nari#NASDAQ">NARI</a>) declined 16.8% to $51.05 after the company reported third-quarter results and announced it will acquire LimFlow for $250 million in cash.</li>
<li>Regal Rexnord Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/rrx#NYSE">RRX</a>) dipped 16.8% to $98.26 following downbeat results.</li>
<li>STAAR Surgical Company (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/staa#NASDAQ">STAA</a>) fell 16.5% to $36.18 following third-quarter results.</li>
<li>Preformed Line Products Company (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/plpc#NASDAQ">PLPC</a>) declined 16.4% to $115.84 following third-quarter results.</li>
<li>Tenable Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tenb#NASDAQ">TENB</a>) fell 15.6% to $35.40 following third-quarter results.</li>
<li>Werewolf Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/howl#NASDAQ">HOWL</a>) shares fell 15.4% to $1.93 after dipping around 9% on Wednesday.</li>
<li>Sturm, Ruger &amp; Company, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/rgr#NYSE">RGR</a>) declined 14.8% to $46.30 following weak quarterly results.</li>
<li>CRA International, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/crai#NASDAQ">CRAI</a>) fell 14.6% to $83.00 following weak quarterly results.</li>
<li>Belden Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/bdc#NYSE">BDC</a>) declined 14.4% to $61.45 following weak fourth-quarter guidance.</li>
<li>KBR, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/kbr#NYSE">KBR</a>) fell 13.5% to $50.41 following weak sales.</li>
<li>Pediatrix Medical Group, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/md#NYSE">MD</a>) declined 11.7% to $9.89 following weak results.</li>
<li>DENTSPLY SIRONA Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/xray#NASDAQ">XRAY</a>) dropped 11.6% to $27.25 following downbeat sales.</li>
<li>Markel Group Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mkl#NYSE">MKL</a>) declined 11.6% to $1,319.19. The company reported third-quarter financial results.</li>
<li>BorgWarner Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/bwa#NYSE">BWA</a>) fell 11.4% to $32.90 after it reported third-quarter earnings.</li>
<li>Marriott Vacations Worldwide Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/vac#NYSE">VAC</a>) declined 10.3% to $79.73 following quarterly results.</li>
<li>Nu Skin Enterprises, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/nus#NYSE">NUS</a>) fell 10.2% to $16.73 following weak earnings.</li>
<li>Envista Holdings Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/nvst#NYSE">NVST</a>) fell 9.5% to $20.80 after reporting weak third-quarter results.</li>
<li>SolarEdge Technologies, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sedg#NASDAQ">SEDG</a>) shares fell 9% to $68.95 after the company reported weaker-than-expected sales for its third quarter.</li>
<li>Crocs, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/crox#NASDAQ">CROX</a>) fell 8.4% to $80.06 after the company slashed its FY23 outlook.</li>
<li>Tempur Sealy International, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tpx#NYSE">TPX</a>) declined 8.3% to $37.03 following weak results.</li>
<li>AXIS Capital Holdings Limited (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/axs#NYSE">AXS</a>) dropped 7.7% to $53.44 following quarterly results.</li>
<li>Revolve Group, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/rvlv#NASDAQ">RVLV</a>) fell 5.8% to $12.71 following weak quarterly earnings.</li>
<li>QuinStreet, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/qnst#NASDAQ">QNST</a>) fell 4.4% to $11.15 following quarterly results.</li>
<li>Albemarle Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/alb#NYSE">ALB</a>) shares declined 3.8% to $118.30 after reporting latest-quarter results.</li>
</ul>
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Why STAAR Surgical Shares Are Trading Lower By Around 16%? Here Are Other Stocks Moving In Thursday's Mid-Day Session

WIIM

Pitney Bowes shares are trading higher after the company reported mixed Q3 financial results.

<h3>Gainers</h3>
<ul>
<li>Hyzon Motors (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HYZN#NASDAQ">HYZN</a>) shares rose 25.6% to $0.93 during Thursday's regular session. Trading volume for this security as of 13:31 EST is 628.9K, which is 99.3% of its average full-day volume over the last 100 days. The company's market cap stands at $227.4 million. </li>
<li>Pitney Bowes (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PBI#NYSE">PBI</a>) stock moved upwards by 23.65% to $3.92. As of 13:31 EST, Pitney Bowes's stock is trading at a volume of 3.6 million, which is 257.1% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $690.0 million. The company's, Q3 earnings came out today. </li>
<li>Li-Cycle Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LICY#NYSE">LICY</a>) shares moved upwards by 23.64% to $1.59. Li-Cycle Holdings's stock is trading at a volume of 2.3 million shares as of 13:31 EST. This is 96.5% of its average full-day volume over the last 100 days. The company's market cap stands at $284.0 million. </li>
<li>Mynaric (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MYNA#NASDAQ">MYNA</a>) stock rose 21.93% to $4.28. The company's market cap stands at $106.7 million. </li>
<li>Markforged Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MKFG#NYSE">MKFG</a>) shares increased by 21.64% to $0.77. As of 13:31 EST, Markforged Holding's stock is trading at a volume of 840.5K, which is 75.2% of its average full-day volume over the last 100 days. The company's market cap stands at $151.2 million. </li>
<li>Energous (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WATT#NASDAQ">WATT</a>) shares moved upwards by 21.38% to $2.1. Trading volume for this security as of 13:31 EST is 175.4K, which is 295.8% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $9.6 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Preformed Line Products (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLPC#NASDAQ">PLPC</a>) stock decreased by 18.0% to $113.53 during Thursday's regular session. The company's market cap stands at $558.0 million. As per the news, the Q3 earnings report came out yesterday. </li>
<li>Regal Rexnord (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RRX#NYSE">RRX</a>) shares declined by 15.91% to $99.41. Trading volume for this security as of 13:31 EST is 1.5 million, which is 425.2% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $6.5 billion. As per the press release, Q3 earnings came out yesterday. </li>
<li>Staffing 360 Solutions (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STAF#NASDAQ">STAF</a>) stock decreased by 14.37% to $0.53. The market value of their outstanding shares is at $2.9 million. </li>
<li>CRA Intl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRAI#NASDAQ">CRAI</a>) stock fell 13.84% to $83.75. Trading volume for this security as of 13:31 EST is 53.0K, which is 249.2% of its average full-day volume over the last 100 days. The company's market cap stands at $586.3 million. The company's, Q3 earnings came out today. </li>
<li>KBR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KBR#NYSE">KBR</a>) shares fell 13.8% to $50.23. Trading volume for this security as of 13:31 EST is 4.2 million, which is 334.5% of its average full-day volume over the last 100 days. The company's market cap stands at $6.7 billion. The company's, Q3 earnings came out today. </li>
<li>Franklin Covey (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FC#NYSE">FC</a>) stock decreased by 12.39% to $33.85. As of 13:31 EST, Franklin Covey's stock is trading at a volume of 199.7K, which is 367.1% of its average full-day volume over the last 100 days. The company's market cap stands at $446.9 million. As per the news, the Q4 earnings report came out yesterday. 
See Also: <a href="http://www.benzinga.com/money/best-industrials-stocks/" title="www.benzinga.com/money/best-industrials-stocks/">www.benzinga.com/money/best-industrials-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

LICY

MKFG

MYNA

STAF

WATT

12 Industrials Stocks Moving In Thursday's Intraday Session

U.S. stocks traded higher, with the Dow Jones gaining more than 350 points on Thursday. Here are some big stocks recording gains in today&rsquo;s session.
<ul>
<li>Lemonade, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/lmnd#NYSE">LMND</a>) shares surged 37.2% to $15.09 following strong third-quarter results.</li>
<li>Alpine Immune Sciences, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/alpn#NASDAQ">ALPN</a>) gained 35.4% to $14.25. The company presented initial clinical data on povetacicept in autoimmune glomerulonephritis in a late-breaking poster session at the American Society of Nephrology Kidney Week 2023.</li>
<li>Rocky Brands, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/rcky#NASDAQ">RCKY</a>) rose 33.9% to $16.87 after the company reported better-than-expected third-quarter financial results.</li>
<li>8x8, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/eght#NASDAQ">EGHT</a>) climbed 31.2% to $3.0050 following upbeat quarterly results.</li>
<li>JAKKS Pacific, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/jakk#NASDAQ">JAKK</a>) gained 30% to $22.17 after the company reported better-than-expected third-quarter financial results.</li>
<li>Roku, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/roku#NASDAQ">ROKU</a>) shares rose 25.7% to $75.06 after the company reported better-than-expected third-quarter sales results.</li>
<li>AudioCodes Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/audc#NASDAQ">AUDC</a>) shares gained 24.9% to $9.78 after the company reported better-than-expected third-quarter financial results.</li>
<li>Arcellx, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aclx#NASDAQ">ACLX</a>) climbed 23.3% to $42.42. Arcellx announced oral presentation for its CART-ddBCMA Phase 1 trial in patients with relapsed or refractory multiple myeloma at the 65th ASH Annual Meeting and Exposition.</li>
<li>Shopify Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/shop#NYSE">SHOP</a>) rose 22.4% to $59.69 after the company reported better-than-expected third-quarter financial results.</li>
<li>Joby Aviation, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/joby#NYSE">JOBY</a>) gained 21.3% to $6.50 following strong earnings.</li>
<li>Sinclair, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sbgi#NASDAQ">SBGI</a>) rose 21.2% to $12.86 following quarterly results.</li>
<li>Pactiv Evergreen Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ptve#NASDAQ">PTVE</a>) rose 19.8% to $10.22 following upbeat earnings.</li>
<li>Fastly, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/fsly#NYSE">FSLY</a>) shares surged 18.7% to $16.92 after the company reported upbeat third-quarter financial results.</li>
<li>Palantir Technologies Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/pltr#NYSE">PLTR</a>) climbed 18.5% to $17.68 after the company reported better-than-expected third-quarter financial results and raised FY23 revenue guidance.</li>
<li>Opendoor Technologies Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/open#NASDAQ">OPEN</a>) rose 18.3% to $2.2350.</li>
<li>Pitney Bowes Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/pbi#NYSE">PBI</a>) climbed 18.3% to $3.75 following upbeat earnings.</li>
<li>Park-Ohio Holdings Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/pkoh#NASDAQ">PKOH</a>) gained 17.9% to $27.08 following upbeat earnings.</li>
<li>DoorDash, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/dash#NASDAQ">DASH</a>) rose 17.7% to $89.32 after the company reported better-than-expected third-quarter sales results.</li>
<li>Informatica Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/infa#NYSE">INFA</a>) gained 17.7% to $22.55 after the company posted upbeat quarterly sales and announced a restructuring plan.</li>
<li>Energy Recovery, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/erii#NASDAQ">ERII</a>) rose 17.5% to $16.93 following strong earnings.</li>
<li>Lightspeed Commerce Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/lspd#NYSE">LSPD</a>) surged 16.5% to $14.50 after posting quarterly results.</li>
<li>Aviat Networks, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/avnw#NASDAQ">AVNW</a>) climbed 15.9% to $30.67 following first-quarter results.</li>
<li>JFrog Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/frog#NASDAQ">FROG</a>) gained 15.6% to $26.07 after the company reported better-than-expected third-quarter financial results and issued guidance.</li>
<li>ADT Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/adt#NYSE">ADT</a>) climbed 15% to $6.41 following upbeat earnings.</li>
<li>PENN Entertainment, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/penn#NASDAQ">PENN</a>) gained 14.8% to $22.50 following upbeat sales.</li>
<li>Avis Budget Group, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/car#NASDAQ">CAR</a>) rose 14.1% to $187.11 after the company posted upbeat earnings and announced management realignment.</li>
<li>Carvana Co. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cvna#NYSE">CVNA</a>) surged 13.6% to $29.53.</li>
<li>Cars.com Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cars#NYSE">CARS</a>) gained 13% to $17.00 following third-quarter results.</li>
<li>Affirm Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/afrm#NASDAQ">AFRM</a>) surged 13.3% to $19.95 after the company announced an expanded partnership with Amazon.com.</li>
<li>Service Corporation International (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/sci#NYSE">SCI</a>) gained 12% to $59.99 following upbeat earnings.</li>
<li>C3.ai, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ai#NYSE">AI</a>) gained 11.4% to $26.72.</li>
<li>Gildan Activewear Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/gil#NYSE">GIL</a>) climbed 10.3% to $30.82 following strong results.</li>
<li>Starbucks Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sbux#NASDAQ">SBUX</a>) rose 10.1% to $100.60 after the company reported better-than-expected quarterly financial results and comparable sales growth.</li>
<li>Teleflex Incorporated (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tfx#NYSE">TFX</a>) climbed 10% to $206.37 following strong results.</li>
<li>Park Hotels &amp; Resorts Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/pk#NYSE">PK</a>) gained 9.9% to $12.60 following quarterly results.</li>
<li>Paramount Global (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/paraa#NASDAQ">PARAA</a>) climbed 9.6% to $14.87.</li>
<li>CyberArk Software Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cybr#NASDAQ">CYBR</a>) rose 8.5% to $175.53 following better-than-expected quarterly results.</li>
<li>Sealed Air Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/see#NYSE">SEE</a>) gained 7.7% to $32.79 following third-quarter results.</li>
<li>The Clorox Company (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/clx#NYSE">CLX</a>) climbed 7.6% to $124.13 after the company reported better-than-expected quarterly sales results.</li>
<li>Lyft, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lyft#NASDAQ">LYFT</a>) rose 7.3% to $9.84.</li>
<li>QUALCOMM Incorporated (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/qcom#NASDAQ">QCOM</a>) climbed 4.9% to $116.26 after the company reported better-than-expected fourth-quarter financial results and issued first-quarter sales guidance above estimates.</li>
<li>PayPal Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/pypl#NASDAQ">PYPL</a>) shares gained 3.9% to $53.65 following upbeat results.</li>
</ul>
&nbsp;
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<h3>Gainers</h3>
<ul>
<li>Sidus Space (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SIDU#NASDAQ">SIDU</a>) stock rose 41.0% to $0.13 during Thursday's pre-market session. The company's market cap stands at $10.6 million. </li>
<li>Spire Global (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPIR#NYSE">SPIR</a>) shares rose 13.92% to $4.09. The market value of their outstanding shares is at $85.2 million. </li>
<li>Mynaric (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MYNA#NASDAQ">MYNA</a>) shares moved upwards by 11.96% to $3.93. The company's market cap stands at $97.9 million. </li>
<li>Joby Aviation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JOBY#NYSE">JOBY</a>) stock increased by 11.38% to $5.97. The market value of their outstanding shares is at $4.1 billion. As per the press release, Q3 earnings came out yesterday. </li>
<li>Pitney Bowes (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PBI#NYSE">PBI</a>) stock rose 10.72% to $3.51. The market value of their outstanding shares is at $617.8 million. As per the press release, Q3 earnings came out today. </li>
<li>ShiftPixy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PIXY#NASDAQ">PIXY</a>) stock rose 10.56% to $5.86. The market value of their outstanding shares is at $3.3 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Aenza (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AENZ#NYSE">AENZ</a>) stock fell 19.1% to $1.82 during Thursday's pre-market session. The company's market cap stands at $145.2 million. </li>
<li>Primech Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PMEC#NASDAQ">PMEC</a>) shares declined by 12.49% to $2.45. The market value of their outstanding shares is at $87.1 million. </li>
<li>American Rebel Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AREB#NASDAQ">AREB</a>) stock decreased by 9.85% to $0.35. The company's market cap stands at $1.5 million. </li>
<li>Hudson Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HDSN#NASDAQ">HDSN</a>) shares decreased by 8.21% to $11.63. The market value of their outstanding shares is at $527.9 million. As per the news, the Q3 earnings report came out yesterday. </li>
<li>Franklin Covey (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FC#NYSE">FC</a>) shares fell 6.81% to $36.0. The market value of their outstanding shares is at $475.3 million. As per the press release, Q4 earnings came out yesterday. </li>
<li>Safe &amp; Green Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SGBX#NASDAQ">SGBX</a>) stock fell 6.79% to $0.34. The company's market cap stands at $5.4 million. 
See Also: <a href="http://www.benzinga.com/money/best-industrials-stocks/" title="www.benzinga.com/money/best-industrials-stocks/">www.benzinga.com/money/best-industrials-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Industrials Stocks Moving In Thursday's Pre-Market Session

Pitney Bowes (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PBI#NYSE">PBI</a>) reported quarterly sales of $783.75 million which missed the analyst consensus estimate of $790.45 million by 0.85 percent. This is a 5.68 percent decrease over sales of $830.91 million the same period last year.

Pitney Bowes Q3 EPS $0.00 Beats $(0.02) Estimate, Sales $783.75M Miss $790.45M Estimate

<h3>Gainers</h3>
<ul>
<li>Hyliion Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HYLN#NYSE">HYLN</a>) shares increased by 5.1% to $0.61 during Thursday's after-market session. The market value of their outstanding shares is at $110.5 million. </li>
<li>Amprius Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMPX#NYSE">AMPX</a>) shares moved upwards by 4.81% to $2.83. The market value of their outstanding shares is at $244.6 million. </li>
<li>McGrath RentCorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MGRC#NASDAQ">MGRC</a>) stock rose 4.52% to $101.02. The market value of their outstanding shares is at $2.4 billion. The company's, Q3 earnings came out today. </li>
<li>Markforged Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MKFG#NYSE">MKFG</a>) shares increased by 4.47% to $0.74. The market value of their outstanding shares is at $145.7 million. </li>
<li>Pitney Bowes (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PBI#NYSE">PBI</a>) stock increased by 4.43% to $3.4. The market value of their outstanding shares is at $599.2 million. </li>
<li>Mesa Air Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MESA#NASDAQ">MESA</a>) stock moved upwards by 3.96% to $0.58. The company's market cap stands at $23.7 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Nuvve Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVVE#NASDAQ">NVVE</a>) stock declined by 11.3% to $0.21 during Thursday's after-market session. Trading volume for this security closed at 3.8 million, accounting for 124.8% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $8.3 million. </li>
<li>Terran Orbital (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LLAP#NYSE">LLAP</a>) stock declined by 5.5% to $0.79. This security traded at a volume of 633.2K shares come close, making up 18.0% of its average volume over the last 100 days. The company's market cap stands at $165.6 million. </li>
<li>Terex (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TEX#NYSE">TEX</a>) stock decreased by 5.08% to $44.5. The company's market cap stands at $2.9 billion. As per the press release, Q3 earnings came out today. </li>
<li>Gol Linhas Aereas (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GOL#NYSE">GOL</a>) shares fell 4.94% to $3.08. The company's market cap stands at $4.9 billion. </li>
<li>FTAI Infrastructure (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIP#NASDAQ">FIP</a>) stock decreased by 4.78% to $3.0. The company's market cap stands at $298.3 million. As per the news, the Q3 earnings report came out today. </li>
<li>Energy Vault Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NRGV#NYSE">NRGV</a>) stock decreased by 4.31% to $2.0. The market value of their outstanding shares is at $285.7 million. 
See Also: <a href="http://www.benzinga.com/money/best-industrials-stocks/" title="www.benzinga.com/money/best-industrials-stocks/">www.benzinga.com/money/best-industrials-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Industrials Stocks Moving In Thursday's After-Market Session

<h3>Gainers</h3>
<ul>
<li>Momentus (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MNTS#NASDAQ">MNTS</a>) stock increased by 7.3% to $1.18 during Wednesday's after-market session. This security traded at a volume of 66.2K shares come close, making up 5.6% of its average volume over the last 100 days. The company's market cap stands at $2.6 million. </li>
<li>Graphex Gr (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/GRFX#AMEX">GRFX</a>) shares moved upwards by 6.48% to $1.15. The market value of their outstanding shares is at $45.3 million. </li>
<li>Sarcos Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STRC#NASDAQ">STRC</a>) stock increased by 5.0% to $0.86. The company's market cap stands at $22.2 million. </li>
<li>Molekule Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MKUL#NASDAQ">MKUL</a>) shares increased by 4.43% to $0.12. Molekule Group's trading volume hit 3.2 million shares by close, accounting for 291.9% of its average volume over the last 100 days. The market value of their outstanding shares is at $4.1 million. </li>
<li>Pitney Bowes (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PBI#NYSE">PBI</a>) shares moved upwards by 3.52% to $3.58. The company's market cap stands at $630.5 million. </li>
<li>1847 Holdings (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/EFSH#AMEX">EFSH</a>) shares moved upwards by 3.33% to $1.0. The market value of their outstanding shares is at $3.0 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Capstone Green Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CGRN#NASDAQ">CGRN</a>) stock fell 21.4% to $0.29 during Wednesday's after-market session. This security traded at a volume of 178.4K shares come close, making up 85.7% of its average volume over the last 100 days. The company's market cap stands at $5.3 million. </li>
<li>Resources Connection (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGP#NASDAQ">RGP</a>) shares fell 10.23% to $13.0. At the close, Resources Connection's trading volume reached 73.9K shares. This is 48.4% of its average volume over the last 100 days. The market value of their outstanding shares is at $438.0 million. As per the press release, Q1 earnings came out today. </li>
<li>Earlyworks Co (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ELWS#NASDAQ">ELWS</a>) stock declined by 7.15% to $0.6. The market value of their outstanding shares is at $9.0 million. </li>
<li>Addentax Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ATXG#NASDAQ">ATXG</a>) stock fell 7.15% to $1.17. The market value of their outstanding shares is at $5.0 million. </li>
<li>C3is (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CISS#NASDAQ">CISS</a>) shares decreased by 5.06% to $0.41. The company's market cap stands at $2.7 million. </li>
<li>Multi Ways Holdings (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/MWG#AMEX">MWG</a>) stock decreased by 4.21% to $0.38. The market value of their outstanding shares is at $11.5 million. 
See Also: <a href="http://www.benzinga.com/money/best-industrials-stocks/" title="www.benzinga.com/money/best-industrials-stocks/">www.benzinga.com/money/best-industrials-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Industrials Stocks Moving In Wednesday's After-Market Session