The stock market is poised for a mixed start on Friday, and several companies are set to capture investor attention. Let’s take a look at the key players and their recent developments:
Apogee Enterprises Inc. (APOG):
Wall Street analysts are expecting Apogee to report quarterly earnings of $1.23 per share on revenue of $335.29 million before the opening bell. Following this announcement, Apogee’s shares rose 0.1% to $68.50 in after-hours trading, suggesting early optimism surrounding the earnings release.Smart Sand, Inc. (SND):
Smart Sand has declared a special cash dividend of 10 cents per share, a move that has invigorated investors. The company also authorized a $10 million buyback program. These actions have significantly boosted Smart Sand shares, jumping 14% to $2.28 in the after-hours trading session.Lifecore Biomedical Inc. (LFCR):
Investors are anticipating Lifecore Biomedical’s quarterly earnings report after the markets close. Analysts are forecasting a loss of 47 cents per share on revenue of $23.18 million. Despite the predicted loss, Lifecore’s shares experienced a dip of 5.3% to close at $4.7050 on Thursday.Martin Midstream Partners L.P. (MMLP):
In a significant development, Martin Midstream Partners has agreed to be acquired by Martin Resource Management. This news has triggered a positive response from investors, pushing Martin Midstream Partners shares up 9.7% to $3.95 in after-hours trading.AgEagle Aerial Systems, Inc. (UAVS):
AgEagle Aerial Systems has announced a reverse stock split of 1-for-50 shares of common stock. This move has led to a 5.4% decline in AgEagle Aerial Systems shares, closing at $0.1150 in the after-hours trading session.These developments highlight the dynamic nature of the stock market and the importance of staying informed about company news and events. Investors will be closely watching how these companies perform, as they navigate the ever-changing landscape of the market.
