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Why Bank of Marin Bancorp Shares Are Trading Lower? Here Are Other Stocks Moving In Monday's Mid-Day Session

Benzinga ·  Jul 30, 2024 01:19

Shares ofBank of Marin Bancorp(NASDAQ:BMRC) fell sharply during Monday's session after the company reported worse-than-expected quarterly earnings.

Bank of Marin reported quarterly earnings of 6 cents per share which missed the analyst consensus estimate of 18 cents per share. The company reported quarterly sales of $22.47 million which missed the analyst consensus estimate of $23.39 million, according to data from Benzinga Pro.

Bank of Marin Bancorp shares dipped 10.8% to $19.92 on Monday.

Here are some other stocks moving in today's mid-day session.

Gainers

  • 2U, Inc. (NASDAQ:TWOU) shares climbed 128% to $2.8535.
  • Lipella Pharmaceuticals Inc. (NASDAQ:LIPO) shares climbed 117.8% to...
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