Grupo Simec (AMEX:SIM) Stock, Quote.Headers.trade-ideas

Grupo Simec

Grupo Simec SAB de CV is a diversified manufacturer, processor, and distributor of SBQ steel and structural steel products with production and commercial operations. The group's SBQ products are used across a range of engineered end-user applications, including axles, hubs, and crankshafts for automobiles and light trucks, machine tools, and off-highway equipment. Its structural steel products are used in the non-residential construction market and other construction applications. Its segments are Mexico, Brazil, and the United States.

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Gatos Silver Q1 Results; Hycroft Mining Highlights Silver Discovery; ZK International Closes $5 Million Financing And More: Tuesday&#39;s Top Mining Stories

Gatos Silver Q1 Results; Hycroft Mining Highlights Silver Discovery; ZK International Closes $5M Financing And More: Tuesday&#39;s Top Mining Stories

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Midway through trading Thursday, the Dow traded down 0.04% to 34,918.42 while the NASDAQ fell 0.52% to 14,568.88. The S&amp;P also fell, dropping 0.30% to 4,361.05.

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	Moving iMage Technologies, Inc. (NYSE: MITQ) shares jumped 700% to settle at $24.00 on Thursday. Moving iMage Technologies priced its initial public offering of 4.2 million common shares at $3 per share.


55 Biggest Movers From Yesterday

Grupo Simec, S.A.B. de C.V. American Depositary Shares

Grupo Simec SAB de CV

SIM Acquisition Corp. I - Class A Ordinary Shares

SIM Acquisition Corp I

Simclar Inc

SIME DARBY PRPTY BERHAD by Sime Darby Property Berhad

Sime Darby Property Bhd

Silicon Motion Technology Corporation - American Depositary Shares, each representing four ordinary shares

Silicon Motion Technology Corp

Simply Inc

SPDR S&P Kensho Intelligent Structures ETF

SIM TECHNOLOGY GRP LTD by Sim Technology Group Ltd.

SIM Technology Group Ltd

Grupo Simec (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/SIM#AMEX">SIM</a>) reported $487.36 million in sales this quarter. This is a 14.86 percent decrease over sales of $572.45 million the same period last year.

Grupo Simec Q2 Sales $487.36M Down From $572.45M YoY

Top Stories for May 7, 2024:
1. Gatos Silver (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GATO#NYSE">GATO</a>) announced its <a href="https://www.benzinga.com/news/earnings/24/05/38655551/gatos-silver-q1-2024-adj-eps-0-04-misses-0-05-estimate">first-quarter results</a> and operational performance at the Cerro Los Gatos mine.
<ol></ol>
The company reported revenue of $72.2 million (up 3%) and net income of $10.2 million (down 20%).&nbsp;
EBITDA was $35.1 million (down 11%), while cash flow from operations was $37.3 million (down 7%).&nbsp;
Sustaining capital increased by 17% to $8.9 million, and free cash flow was $25.5 million. Silver equivalent production also remained consistent at 3.70 million ounces.&nbsp;
CEO Dale Andres highlighted that silver production is expected to be in the top half of guidance, while costs remain in the lower half as the company advances its growth initiatives and explores new targets.
2. Hycroft Mining (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HYMC#NASDAQ">HYMC</a>) reported Q1 results in which President &amp; CEO Diane R. Garrett highlighted the company&#8217;s strong performance driven by a new high-grade silver discovery. 
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The company reported no lost time accidents, ended the quarter with $57 million in cash and continued exploration drilling on high-grade silver trends.&nbsp;
The company also sold an additional 517,688 shares of common stock for aggregate gross proceeds of $1.2 million and was included in the Solactive Global Silver Miners Total Return Index.
Also Read:<a href="https://www.benzinga.com/topic/mining"> </a><a href="https://www.benzinga.com/markets/commodities/24/05/38619139/zimbabwe-places-sole-nickel-mine-under-administration-amidst-market-downturn">Zimbabwe Places Sole Nickel Mine Under Administration Amidst Market Downturn</a>
3. ZK International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZKIN#NASDAQ">ZKIN</a>) successfully closed a $5 million financing, including an additional $1.5 million investment from CF Opportunity Fund at a 165% premium. 
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The proceeds will be used for working capital and general corporate purposes.
4. Grupo Simec (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SIM#NYSE">SIM</a>) reported a decrease in net sales by 24% to 41.139 billion pesos for the year ending December 31, 2023, driven by lower shipments and prices. 
<ol start="4"></ol>
Sales outside Mexico fell 31%, while domestic sales decreased 18%. Meanwhile, the cost of sales fell 22% to 31.100 billion pesos and gross profit declined 31% to 10.039 billion pesos, representing 24% of net sales.&nbsp;
Operating income was down 37% to 7.603 billion pesos, while EBITDA decreased 35% to 8.638 billion pesos.
Now Read:<a href="https://www.benzinga.com/"> </a><a href="https://www.benzinga.com/markets/latin-america/24/05/38642886/mulino-triumphs-in-panamas-presidential-race-pledges-less-blah-blah-blah-and-more-public-wo">Mulino Triumphs In Panama&#8217;s Presidential Race, Pledges Less &#8216;Blah Blah Blah&#8217; And &#8216;More Public Works And Money In Pockets&#8217;</a>
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Gatos Silver Q1 Results; Hycroft Mining Highlights Silver Discovery; ZK International Closes $5M Financing And More: Tuesday's Top Mining Stories

Grupo Simec Announces Results Of Operations For Q1, Of 2023, Ended March 31, 2023

&nbsp;
<h1>&nbsp;</h1>
On Thursday, 75 stocks made new 52-week highs.
<h2>Interesting Highlights From Today&#39;s 52-Week Highs:</h2>
<ul>
<li>The largest company by market cap to hit a new 52-week high was UnitedHealth Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNH#NYSE">UNH</a>).</li>
<li>The smallest company in terms of market cap to set a new 52-week high was China Jo-Jo Drugstores (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CJJD#NASDAQ">CJJD</a>).</li>
<li>China Jo-Jo Drugstores (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CJJD#NASDAQ">CJJD</a>) was the biggest winner of the morning session, as it traded up 1123.11% to reach its new 52-week high.</li>
<li>Blue Ocean Acquisition (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BOCN#NASDAQ">BOCN</a>) shares suffered the most, as they hit a 52-week high but moved 0.0% down thereafter.</li>
</ul>
The following stocks created new 52-week highs on Thursday:
<ul>
<li>UnitedHealth Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNH#NYSE">UNH</a>) shares were up 0.61% on Thursday morning to hit a new 52-week high of $536.57.</li>
<li>Johnson &amp; Johnson (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JNJ#NYSE">JNJ</a>) shares set a new yearly high of $182.69 this morning. The stock was up 0.15% on the session.</li>
<li>Walmart (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMT#NYSE">WMT</a>) shares hit a yearly high of $156.56. The stock traded up 0.28% on the session.</li>
<li>AbbVie (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABBV#NYSE">ABBV</a>) shares hit a yearly high of $171.78. The stock traded up 1.46% on the session.</li>
<li>Eli Lilly (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LLY#NYSE">LLY</a>) shares set a new yearly high of $314.00 this morning. The stock was up 2.23% on the session.</li>
<li>Novo Nordisk (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NVO#NYSE">NVO</a>) stock on Thursday broke to a yearly high of $120.92. Shares traded up 2.74%.</li>
<li>Costco Wholesale (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COST#NASDAQ">COST</a>) shares were up 2.46% on Thursday to hit a new 52-week high of $603.78 for a change of up 2.46%.</li>
<li>AstraZeneca (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AZN#NASDAQ">AZN</a>) shares set a new 52-week high of $69.85 on Thursday, moving up 0.94%.</li>
<li>Bristol-Myers Squibb (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BMY#NYSE">BMY</a>) shares set a new 52-week high of $76.28 on Thursday, moving up 0.88%.</li>
<li>Sanofi (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNY#NASDAQ">SNY</a>) shares set a new 52-week high of $54.74 on Thursday, moving up 1.1%.</li>
<li>Anthem (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ANTM#NYSE">ANTM</a>) shares hit a yearly high of $512.12. The stock traded up 0.75% on the session.</li>
<li>Regeneron Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/REGN#NASDAQ">REGN</a>) shares set a new yearly high of $723.49 this morning. The stock was up 1.92% on the session.</li>
<li>Aon (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AON#NYSE">AON</a>) shares hit a yearly high of $332.73. The stock traded up 0.36% on the session.</li>
<li>America Movil (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMX#NYSE">AMX</a>) shares were up 2.1% for the day, having made a 52-week high of $21.96.</li>
<li>Dollar Gen (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DG#NYSE">DG</a>) stock set a new 52-week high of $241.35 Thursday morning. Over the session, the stock traded down 0.54%.</li>
<li>O&#39;Reilly Automotive (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ORLY#NASDAQ">ORLY</a>) shares reached a new 52-week high of $717.97 on Thursday morning, moving up 2.12%.</li>
<li>McKesson (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCK#NYSE">MCK</a>) shares hit $314.13 on Thursday morning, setting a new 52-week high for a change of up 0.34%.</li>
<li>Hershey (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HSY#NYSE">HSY</a>) shares broke to $223.45 on Thursday, setting a new 52-week high with a change of up 0.2%.</li>
<li>HP (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPQ#NYSE">HPQ</a>) shares set a new yearly high of $41.47 this morning. The stock was up 15.55% on the session.</li>
<li>AutoZone (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AZO#NYSE">AZO</a>) stock made a new 52-week high of $2,130.63 Thursday. The stock was up 2.35% for the day.</li>
<li>Arthur J. Gallagher (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AJG#NYSE">AJG</a>) shares hit a yearly high of $180.71. The stock traded up 0.65% on the session.</li>
<li>Consolidated Edison (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ED#NYSE">ED</a>) shares broke to a new 52-week high of $98.65 on Thursday. Shares of the company traded down 0.62%.</li>
<li>AmerisourceBergen (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABC#NYSE">ABC</a>) shares were up 0.56% for the day, having made a 52-week high of $159.37.</li>
<li>Steris (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STE#NYSE">STE</a>) stock on Thursday broke to a yearly high of $250.00. Shares traded down 0.08%.</li>
<li>Constellation Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CEG#NASDAQ">CEG</a>) shares set a new 52-week high of $60.47 on Thursday, moving up 0.64%.</li>
<li>Alliant Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LNT#NASDAQ">LNT</a>) shares broke to a new 52-week high of $65.24 on Thursday. Shares of the company traded down 1.15%.</li>
<li>Chesapeake Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHK#NASDAQ">CHK</a>) shares reached a new 52-week high of $92.73 on Thursday morning, moving up 0.02%.</li>
<li>Vistra (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VST#NYSE">VST</a>) shares hit $24.01 on Thursday morning, setting a new 52-week high for a change of down 0.21%.</li>
<li>Acadia Healthcare Co (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ACHC#NASDAQ">ACHC</a>) stock set a new 52-week high of $68.90 Thursday morning. Over the session, the stock traded up 0.29%.</li>
<li>Intra-Cellular Therapies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ITCI#NASDAQ">ITCI</a>) shares hit $65.94 on Thursday morning, setting a new 52-week high for a change of down 1.02%.</li>
<li>Idacorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IDA#NYSE">IDA</a>) shares were down 0.84% on Thursday morning to hit a new 52-week high of $118.79.</li>
<li>FTI Consulting (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FCN#NYSE">FCN</a>) stock set a new 52-week high of $163.95 Thursday morning. Over the session, the stock traded up 0.04%.</li>
<li>Grupo Simec (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/SIM#AMEX">SIM</a>) shares hit $34.81 on Thursday morning, setting a new 52-week high for a change of up 8.1%.</li>
<li>Murphy USA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MUSA#NYSE">MUSA</a>) stock made a new 52-week high of $213.99 Thursday. The stock was up 1.66% for the day.</li>
<li>Black Hills (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BKH#NYSE">BKH</a>) shares hit a new 52-week high of $78.99. The stock traded down 0.83% on the session.</li>
<li>ONE Gas (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OGS#NYSE">OGS</a>) shares were down 0.94% for the day, having made a 52-week high of $91.79.</li>
<li>ACADIA Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ACAD#NASDAQ">ACAD</a>) shares broke to a new 52-week high of $28.05 on Thursday. Shares of the company traded down 0.17%.</li>
<li>Lantheus Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LNTH#NASDAQ">LNTH</a>) stock made a new 52-week high of $60.23 Thursday. The stock was up 0.5% for the day.</li>
<li>Pacira BioSciences (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PCRX#NASDAQ">PCRX</a>) shares broke to a new 52-week high of $81.69 on Thursday. Shares of the company traded up 2.47%.</li>
<li>PBF Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PBF#NYSE">PBF</a>) stock on Thursday broke to a yearly high of $27.30. Shares traded down 1.26%.</li>
<li>MGE Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MGEE#NASDAQ">MGEE</a>) shares were down 1.21% on Thursday to hit a new 52-week high of $84.97 for a change of down 1.21%.</li>
<li>Zeta Global Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZETA#NYSE">ZETA</a>) shares set a new 52-week high of $13.43 on Thursday, moving up 10.7%.</li>
<li>Euronav (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EURN#NYSE">EURN</a>) shares set a new yearly high of $12.53 this morning. The stock was up 7.74% on the session.</li>
<li>Viper Energy Partners (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VNOM#NASDAQ">VNOM</a>) shares achieved a new 52-week high on Thursday morning, hitting $31.89 with a daily change of down 1.09%.</li>
<li>MGP Ingredients (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MGPI#NASDAQ">MGPI</a>) shares were up 2.17% for the day, having made a 52-week high of $95.41.</li>
<li>Amphastar Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMPH#NASDAQ">AMPH</a>) stock set a new 52-week high of $39.89 Thursday morning. Over the session, the stock traded up 4.94%.</li>
<li>Sigma Lithium (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SGML#NASDAQ">SGML</a>) shares were up 7.35% for the day, having made a 52-week high of $17.98.</li>
<li>Intrepid Potash (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IPI#NYSE">IPI</a>) stock hit a yearly high price of $99.37. The stock was up 11.76% for the day.</li>
<li>BRC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRCC#NYSE">BRCC</a>) shares hit $29.44 on Thursday morning, setting a new 52-week high for a change of up 7.73%.</li>
<li>Precision Drilling (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PDS#NYSE">PDS</a>) shares broke to $79.50 on Thursday, setting a new 52-week high with a change of up 1.13%.</li>
<li>Sierra Oncology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SRRA#NASDAQ">SRRA</a>) shares set a new 52-week high of $39.72 on Thursday, moving up 0.33%.</li>
<li>Berry (bry) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BRY#NASDAQ">BRY</a>) shares achieved a new 52-week high on Thursday morning, hitting $11.86 with a daily change of up 4.19%.</li>
<li>Artivion (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AORT#NYSE">AORT</a>) shares were up 0.32% on Thursday to hit a new 52-week high of $22.46 for a change of up 0.32%.</li>
<li>Mirum Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MIRM#NASDAQ">MIRM</a>) stock hit a yearly high price of $27.38. The stock was up 1.72% for the day.</li>
<li>The Hackett Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HCKT#NASDAQ">HCKT</a>) shares hit $23.99 on Thursday morning, setting a new 52-week high for a change of up 0.23%.</li>
<li>Duff &amp; Phelps Global (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DPG#NYSE">DPG</a>) shares reached a new 52-week high of $15.45 on Thursday morning, moving down 1.81%.</li>
<li>Teekay Tankers (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TNK#NYSE">TNK</a>) shares hit $16.44 on Thursday morning, setting a new 52-week high for a change of up 4.74%.</li>
<li>Singularity Future (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SGLY#NASDAQ">SGLY</a>) shares hit a new 52-week high of $18.79. The stock traded down 0.72% on the session.</li>
<li>FTAC Emerald (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EMLD#NASDAQ">EMLD</a>) shares hit $9.83 on Thursday morning, setting a new 52-week high for a change of up 0.31%.</li>
<li>Innovative International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IOAC#NASDAQ">IOAC</a>) shares broke to a new 52-week high of $10.02 on Thursday. Shares of the company traded up 0.1%.</li>
<li>GigCapital5 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GIA#NYSE">GIA</a>) stock made a new 52-week high of $10.04 Thursday. The stock was up 0.6% for the day.</li>
<li>Standard BioTools (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LAB#NASDAQ">LAB</a>) shares hit a new 52-week high of $3.89. The stock traded up 0.66% on the session.</li>
<li>UTA Acquisition (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UTAA#NASDAQ">UTAA</a>) stock on Thursday broke to a yearly high of $10.14. Shares traded up 0.3%.</li>
<li>Weyco Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WEYS#NASDAQ">WEYS</a>) shares broke to a new 52-week high of $25.98 on Thursday. Shares of the company traded down 0.64%.</li>
<li>Blue Ocean Acquisition (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BOCN#NASDAQ">BOCN</a>) shares were 0.0% (flat) on Thursday to hit a new 52-week high of $9.91 for a change of 0.0% (flat).</li>
<li>Ventoux CCM Acquisition (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VTAQ#NASDAQ">VTAQ</a>) shares hit $10.16 on Thursday morning, setting a new 52-week high for a change of 0.0% (flat).</li>
<li>Ardmore Shipping (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ASC#NYSE">ASC</a>) shares hit a yearly high of $5.14. The stock traded up 2.89% on the session.</li>
<li>EdtechX Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EDTX#NASDAQ">EDTX</a>) stock set a new 52-week high of $10.11 Thursday morning. Over the session, the stock traded up 0.1%.</li>
<li>Fintech Ecosystem Dev (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FEXD#NASDAQ">FEXD</a>) stock made a new 52-week high of $9.98 Thursday. The stock was up 0.2% for the day.</li>
<li>Viveon Health Acq (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/VHAQ#AMEX">VHAQ</a>) stock on Thursday broke to a yearly high of $10.23. Shares traded up 0.05%.</li>
<li>Kairous Acquisition Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KACL#NASDAQ">KACL</a>) shares reached a new 52-week high of $9.93 on Thursday morning, moving 0.0% (flat).</li>
<li>Bull Horn Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BHSE#NASDAQ">BHSE</a>) shares broke to a new 52-week high of $10.10 on Thursday. Shares of the company traded up 0.2%.</li>
<li>Trevi Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRVI#NASDAQ">TRVI</a>) shares achieved a new 52-week high on Thursday morning, hitting $2.85 with a daily change of up 36.84%.</li>
<li>Sunshine Biopharma (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBFM#NASDAQ">SBFM</a>) shares set a new yearly high of $8.85 this morning. The stock was up 32.75% on the session.</li>
<li>China Jo-Jo Drugstores (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CJJD#NASDAQ">CJJD</a>) shares hit $3.07 on Thursday morning, setting a new 52-week high for a change of up 1123.11%.</li>
</ul>
&nbsp;
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Options

ABBV

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VTAQ

WEYS

ZETA

Stocks That Hit 52-Week Highs On Thursday

Midway through trading Thursday, the Dow traded down 0.04% to 34,918.42 while the NASDAQ fell 0.52% to 14,568.88. The S&amp;P also fell, dropping 0.30% to 4,361.05.
The U.S. has the highest number of coronavirus cases and deaths in the world, reporting a total of 33,947,230 cases with around 608,110 deaths. India confirmed a total of at least 30,987,880 cases and 411,980 deaths, while Brazil reported over 19,209,720 COVID-19 cases with 537,390 deaths. In total, there were at least 188,477,290 cases of COVID-19 worldwide with more than 4,060,290 deaths, according to data compiled by Johns Hopkins University.

Leading and Lagging Sectors

Materials shares rose by 0.6% on Thursday. Meanwhile, top gainers in the sector included Grupo Simec, S.A.B. de C.V. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/sim#NYSE">SIM</a>), up 3%, and Olympic Steel, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/zeus#NASDAQ">ZEUS</a>), up 4%.

In trading on Thursday, energy shares fell 1%.

Top Headline
Morgan Stanley (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ms#NYSE">MS</a>) reported better-than-expected results for its second quarter on Thursday.
Morgan Stanley reported quarterly earnings of $1.85 per share, exceeding analysts&rsquo; estimates of $1.65 per share. The company&rsquo;s revenue came in at $14.80 billion, versus expectations of $13.96 billion.
&nbsp;
Equities Trading UP

FVCBankcorp, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/fvcb#NASDAQ">FVCB</a>) shares shot up 16% to $20.10. Blue Ridge Bankshares, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/brbs#NYSE">BRBS</a>) and FVCBankcorp announced plans to combine in an all-stock merger of equals.

Shares of Cinedigm Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cidm#NASDAQ">CIDM</a>) got a boost, shooting 17% to $1.26 after the company reported preliminary fourth-quarter FY21 revenue growth of 197% year-on-year to $8.3 million, above the analyst consensus of $7.7 million.

Quantum Computing Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/qubt#NASDAQ">QUBT</a>) shares were also up, gaining 26% to $7.20. Quantum Computing listed its shares to the Nasdaq Capital Market&reg;.
<a href="https://www.benzinga.com/movers">Check out these big movers of the day</a>

Equities Trading DOWN
IMV Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/imv#NASDAQ">IMV</a>) shares tumbled 23% to $1.74 after the company priced its previously-announced underwritten public offering of 14.3 million shares at $1.75 per Unit, for gross proceeds of approximately $25 million.
Shares of Dogness (International) Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/dogz#NASDAQ">DOGZ</a>) were down 26% to $1.74 after the company announced it entered into an agreement for a registered direct offering of roughly $3.96 millionClass A common shares.
voxeljet AG (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/vjet#NASDAQ">VJET</a>) was down, falling 24% to $9.15 as the company reported a proposed offering of &euro;1,770,175 ordinary shares.

Commodities

In commodity news, oil traded down 1.2% to $72.23, while gold traded down 0.1% to $1,823.30.

Silver traded up 0.2% Thursday to $26.335 while copper rose 1.4% to $4.3265.

Euro zone
European shares were lower today. The eurozone&rsquo;s STOXX 600 fell 0.81%, the Spanish Ibex Index fell 1.56% and the German DAX 30 dropped 1.03%. Meanwhile, the London&rsquo;s FTSE 100 fell 0.78%, French CAC 40 declined 1.08% and Italy&rsquo;s FTSE MIB dipped 1.23%.
Consumer prices in Italy increased 1.3% year-over-year in June. The unemployment rate in the UK rose to 4.8% in the three months to May.

Economics

US initial jobless claims dropped to 360,000 in the latest week, versus a revised reading of 386,000 in the prior period.

The Philadelphia Fed manufacturing index dropped to 21.9 in July from 30.7 in June.

The New York Empire State Manufacturing Index surged 26 points to a reading of 43.0 in July.

The price index for US imports rose 1.0% in June, while export prices increased 1.2%.

US industrial production rose 0.4% for June.

US natural gas supplies surged 55 billion cubic feet last week, the Energy Information Administration said.
<a href="https://www.benzinga.com/calendar/economics/">Check out the full economic calendar here </a>

Grupo Simec Reports H1 2021 Net Sales Ps.28,613M Vs Ps.16,096M YoY

<h3>Gainers</h3>
<ul>
<li>Moving iMage Technologies, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mitq#NYSE">MITQ</a>) shares jumped 700% to settle at $24.00 on Thursday. Moving iMage Technologies priced its initial public offering of 4.2 million common shares at $3 per share.</li>
<li>Carver Bancorp, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/carv#NASDAQ">CARV</a>) shares climbed 106.9% to close at $21.89 on Thursday as traders play the stock as a high-short interest name.</li>
<li>Nova LifeStyle, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nvfy#NASDAQ">NVFY</a>) gained 71.5% to settle at $6.50.</li>
<li>United Time Technology Co., Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/utme#NASDAQ">UTME</a>) surged 43.1% to close at $12.88 on abnormally high volume.</li>
<li>LM Funding America, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lmfa#NASDAQ">LMFA</a>) jumped 42.7% to close at $5.65.</li>
<li>Creatd, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/crtd#NASDAQ">CRTD</a>) climbed 39.1% to settle at $4.34. The company recently reaffirmed sales guidance.</li>
<li>Cohen &amp; Company Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cohn#NYSE">COHN</a>) climbed 36.4% to settle at $27.05.</li>
<li>GBS Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/gbs#NASDAQ">GBS</a>) surged 33.2% to close at $3.93 after the company announced it was awarded a $4.7 million Australian Federal Government scientific grant to manufacture biosensor technology.</li>
<li>Calyxt, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/clxt#NASDAQ">CLXT</a>) jumped 26.1% to close at $5.08. Calyxt announced addition of triploid breeding to its hemp breeding platform.</li>
<li>ReShape Lifesciences Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/rsls#NASDAQ">RSLS</a>) gained 23.8% to settle at $5.09. ReShape Lifescience recently highlighted completion of lap-band manufacturing transition to Massachusetts-based manufacturer.</li>
<li>Origin Agritech Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/seed#NASDAQ">SEED</a>) rose 20.6% to close at $8.73 after the company said the Ministry of Agriculture and Rural Affairs has approved four of the company&rsquo;s new hybrid corn breeds in China.</li>
<li>9 Meters Biopharma Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nmtr#NASDAQ">NMTR</a>) jumped 20.4% to close at $1.24. 9 Meters was recently added to Russell 2000 and 3000 Indexes.</li>
<li>Moxian, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/moxc#NASDAQ">MOXC</a>) gained 20% to settle at $27.50.</li>
<li>Urban One, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/uone#NASDAQ">UONE</a>) shares jumped 19.2% to close at $9.00 after dropping 9% on Wednesday.</li>
<li>Sphere 3D Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/any#NASDAQ">ANY</a>) gained 19% to settle at $3.45.</li>
<li>TESSCO Technologies Incorporated (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tess#NASDAQ">TESS</a>) shares jumped 17.7% to settle at $6.78 after the company reported strong preliminary results for its first quarter. The company said it sees Q1 sales of $105 million, versus analysts&rsquo; estimates of $89.7 million.</li>
<li>Virgin Galactic Holdings, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/spce#NYSE">SPCE</a>) gained 17.3% to close at $52.69.</li>
<li>Puhui Wealth Investment Management Co., Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/phcf#NASDAQ">PHCF</a>) surged 17.1% to close at $4.18. Puhui Wealth Investment Management recently reported 2H sales of $596,981.</li>
<li>GAN Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/gan#NASDAQ">GAN</a>) gained 15.2% to close at $17.45 after the company issued preliminary results for its second quarter. The company said it expects Q2 revenue to be in a range of $34 million to $35 million. Adjusted EBITDA is expected to be in a range of $3 million to $7 million. GAN raised its full-year guidance to a range of $125 million to $135 million.</li>
<li>Presidio Property Trust, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sqft#NASDAQ">SQFT</a>) surged 14.5% to close at $4.50.</li>
<li>Siebert Financial Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sieb#NASDAQ">SIEB</a>) gained 14.3% to settle at $5.20.</li>
<li>Digital Brands Group Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/dbgi#NASDAQ">DBGI</a>) shares rose 13.3% to close at $5.97 after the company said it estimates Q2 revenue increased by approximately 100% over Q1 2021 figures.</li>
<li>China Finance Online Co. Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/jrjc#NASDAQ">JRJC</a>) rose 13.1% to settle at $10.95.</li>
<li>Broadway Financial Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/byfc#NASDAQ">BYFC</a>) gained 12.8% to close at $3.08.</li>
<li>Rand Capital Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/rand#NASDAQ">RAND</a>) surged 10.5% to settle at $18.77.</li>
<li>MediaCo Holding Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mdia#NASDAQ">MDIA</a>) gained 8.2% to close at $3.44.</li>
<li>SeaSpine Holdings Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/spne#NASDAQ">SPNE</a>) shares rose 6.5% to close at $20.07 after the company reported the FDA 510(k) clearance of its 7D surgical percutaneous spine module for minimally invasive surgery.</li>
</ul>

<a href="https://www.benzinga.com/investing/best-penny-stocks/">Check out these big penny stock gainers and losers</a>
<h3>Losers</h3>
<ul>
<li>Newegg Commerce, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/negg#NASDAQ">NEGG</a>) shares tumbled 32.2% to close at $45.80 on Thursday after jumping over 148% on Wednesday.</li>
<li>Pop Culture Group Co., Ltd (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cpop#NASDAQ">CPOP</a>) dropped 25.4% to settle at $19.60 after dropping around 17% on Wednesday on continued post-IPO volatility.</li>
<li>360 DigiTech, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/qfin#NASDAQ">QFIN</a>) dropped 21.5% to close at $26.02 as traders circulated a finance.sinia.com report titled &quot;The 360 IOU APP, the core product of 360 Digital, has been removed.&quot;</li>
<li>Vista Gold Corp. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/vgz#NYSE">VGZ</a>) dipped 20.8% to close at $0.9510 after the company increased its earlier announced bought deal offering to $13.5 million.</li>
<li>Mannatech, Incorporated (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mtex#NASDAQ">MTEX</a>) fell 17.8% to close at $35.91. Mannatech recently reported preliminary results of tender offer.</li>
<li>Sequential Brands Group Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sqbg#NASDAQ">SQBG</a>) dropped 17.2% to settle at $9.62 after dropping 12% on Wednesday.</li>
<li>Exela Technologies, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/xela#NASDAQ">XELA</a>) declined 14.9% to close at $2.80.</li>
<li>Lufax Holding Ltd (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/lu#NYSE">LU</a>) fell 14.9% to close at $9.00.</li>
<li>Grupo Simec, S.A.B. de C.V. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/sim#NYSE">SIM</a>) dropped 14.2% to settle at $22.50.</li>
<li>Jiuzi Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/jzxn#NASDAQ">JZXN</a>) fell 13.5% to close at $5.15.</li>
<li>LexinFintech Holdings Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lx#NASDAQ">LX</a>) dropped 12.7% to settle at $9.26. Shares of Chinese and Asia-Pacific companies traded lower amid growing COVID-19 concerns in the region as well as regulatory concerns in the tech sector.</li>
<li>Virpax Pharmaceuticals Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/vrpx#NASDAQ">VRPX</a>) dripped 12.4% to close at $4.54. Virpax Pharmaceuticals shares gained around 14% on Wednesday after the company provided a progress update on its pipeline of product candidates.</li>
<li>The Glimpse Group, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/vrar#NASDAQ">VRAR</a>) fell 12% to close at $9.62. The Glimpse Group recently priced its IPO at $7 per share.</li>
<li>Aesthetic Medical International Holdings Group Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aih#NASDAQ">AIH</a>) fell 11.7% to close at $6.93. Aesthetic Medical last month reported Q1 earnings results.</li>
<li>JAKKS Pacific, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/jakk#NASDAQ">JAKK</a>) fell 11.3% to close at $11.64.</li>
<li>BBQ Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bbq#NASDAQ">BBQ</a>) dropped 11.3% to settle at $15.73. BBQ Holdings recently raised its FY21 guidance.</li>
<li>Full Truck Alliance Co. Ltd. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ymm#NYSE">YMM</a>) shares fell 11% to close at $15.13. Full Truck Alliance announced that China&rsquo;s Cybersecurity Review had initiated a cybersecurity review of its Yunmanman and Huochebang apps.</li>
<li>SilverSun Technologies, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ssnt#NASDAQ">SSNT</a>) dropped 10.9% to settle at $11.25.</li>
<li>Shares of several companies in the broader tech sector traded lower in sympathy with the overall market amid concerns the economic recovery is slowing.</li>
<li>Bridgeline Digital Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/blin#NASDAQ">BLIN</a>) slipped 10.3% to settle at $7.67. Bridgeline Digital recently reported that a global footwear brand&#39;s Indonesian subsidiary chose the company&rsquo;s Celebros search for online experience.</li>
<li>New Oriental Education &amp; Technology Group Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/edu#NYSE">EDU</a>) declined 9.8% to close at $6.25.</li>
<li>Blonder Tongue Labs, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/bdr#NYSE">BDR</a>) fell 9.6% to close at $1.50. Blonder Tongue Laboratories shares gained over 10% on Wednesday after the company announced it received forgiveness of $1,768,762 of loan proceeds previously received under the Paycheck Protection Program.</li>
<li>Volt Information Sciences, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/volt#NYSE">VOLT</a>) shares declined 9% to close at $4.44.</li>
<li>FinVolution Group - ADR (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/finv#NASDAQ">FINV</a>) shares dropped 8.9% to close at $8.02.</li>
<li>Marin Software Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mrin#NASDAQ">MRIN</a>) declined 8.2% to close at $17.66 after dropping 20% on Wednesday amid continued extreme volatility and volume in the stock from investors following the company&#39;s Instacart Ads integration announcement..</li>
<li>HIVE Blockchain Technologies Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/hvbt#NASDAQ">HVBT</a>) fell 8.1% to close at $2.49.</li>
<li>OncoSec Medical Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/oncs#NASDAQ">ONCS</a>) slipped 6.2% to close at $3.19. OncoSec Medical shares jumped 22% on Wednesday after the company announced it entered into a Clinical Trial Collaboration and Supply Agreement with Merck to evaluate the combination of OncoSec&#39;s TAVO with Merck&#39;s KEYTRUDA in a Phase 3 study.</li>
<li>Orbsat Corp (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/osat#NASDAQ">OSAT</a>) shares fell 6% to close at $7.05 after dropping over 10% on Wednesday.</li>
<li>Vivos Therapeutics Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/vvos#NASDAQ">VVOS</a>) fell 5.8% to close at $4.90. Vivos Therapeutics shares surged over 23% on Wednesday after an independent study showed 97% of Vivos patients achieved their desired treatment outcome..</li>
</ul>

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