Top Market Movers: AngioDynamics and Globant Stand Out Today

Author: Logan Wright Updated: 10-02-2025 04:28 AM

Market Overview

As stock futures in the U.S. display a mixed response, attention shifts to several noteworthy stocks that may attract investors this Thursday. Understanding the latest developments in these companies can provide valuable insights into market trends and potential opportunities.

AngioDynamics' Upcoming Earnings Report

Investor interest is particularly piqued regarding AngioDynamics, Inc. (NASDAQ: ANGO), as the company prepares to announce its quarterly earnings. Analysts anticipate a loss of 12 cents per share, accompanied by projected revenues of $72.72 million. In anticipation of this report, AngioDynamics shares experienced a modest increase of 2.1%, reaching $11.30 in after-hours trading.

Grindr's Leadership Change

Meanwhile, Grindr Inc (NYSE: GRND) has made headlines with the appointment of John North as its new chief financial officer, effective immediately. However, this news did not quite elevate investor confidence, as shares fell by 0.9%, settling at $14.88 at the close on Wednesday.

Entero Therapeutics' Acquisition

Entero Therapeutics (NASDAQ: ENTO) recently completed the acquisition of GRID AI Corp, aiming to bolster its strategic initiatives. Despite this significant development, Entero’s stock slipped 0.2% in after-hours trading, landing at $4.28.

Strategic Contract for Gulf Island Fabrication

In a strong showing, Gulf Island Fabrication Inc (NASDAQ: GIFI) was awarded a $35 million fabrication contract to assist in the reconstruction of a major bridge. This good news translated to a notable jump in its stock price, climbing by 9.3% to reach $8.03.

Globant’s Share Buyback Program

Further capturing investor’s attention is Globant SA (NYSE: GLOB), which announced a board-approved share repurchase program worth up to $125 million. Following the announcement, Globant's shares improved by 1.2%, priced at $57.56 during after-hours trading.

Market Responses

These developments highlight varied investor reactions across sectors, indicating fluctuating confidence levels amid ongoing market shifts. Stocks such as AngioDynamics and Globant are paving the way for heightened investor interest as they position themselves for future growth through strategic announcements and business maneuvers.

Frequently Asked Questions

What is AngioDynamics expected to report?

AngioDynamics is anticipated to report a quarterly loss of 12 cents per share along with revenues of around $72.72 million.

Who is the new CFO of Grindr?

John North has been appointed as the chief financial officer of Grindr Inc, effective immediately.

What acquisition did Entero Therapeutics make?

Entero Therapeutics has acquired GRID AI Corp to enhance its strategic capabilities.

What contract has Gulf Island Fabrication received?

Gulf Island Fabrication has secured a $35 million fabrication contract for the reconstruction of a significant bridge.

What new program has Globant unveiled?

Globant has approved a share repurchase program amounting to $125 million to enhance shareholder value.

About The Author

Dedicated Author and financial expert Logan Wright here, 29 years old. After earning an economics degree, I spent a number of years working in different financial industries. My great passion is enabling everyone, from any background or experience level, to understand and be literate in financial matters.

My books and writings are centered on simplifying difficult financial ideas into doable, understandable guidance. Whether it's retirement planning, investing, or budgeting, I want to arm readers with the information they need to make wise financial choices and realize their financial objectives.

Apart from writing, I also frequently post to financial blogs and organize webinars and workshops targeted at enlightening participants about personal finance. Always, my strategy is to offer concise, doable advice that can truly improve people's lives.

Away from work, I like to read, travel, and sample new foods. My goal is to infuse everything I do with the balance that I think is essential to both financial and personal well-being. By my profession, I want to encourage and enable people to confidently and clearly take charge of their financial futures.

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