Ultime notizie per VOXX International (NASDAQ:VOXX) Azioni

VOXX International

VOXX International Corp manufacturer and distributor in the Automotive Electronics, Consumer Electronics, and Biometrics industries. The consumer electronic products primarily consist of finished goods sold to retail and commercial customers, consisting of premium audio and other consumer electronic products. Automotive products, some of which are manufactured by the Company, are sold both to OEM and aftermarket customers. Biometric products, primarily consisting of finished goods, are sold to retail and commercial customers.

VOXX International Corporation - Class A Common Stock

VOXX International Corp

VOXX International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VOXX#NASDAQ">VOXX</a>) reported quarterly earnings of $0.10 per share. This is a 121.28 percent increase over losses of $(0.47) per share from the same period last year. The company reported quarterly sales of $92.49 million which missed the analyst consensus estimate of $117.90 million by 21.55 percent. This is a 18.61 percent decrease over sales of $113.64 million the same period last year.

Earnings

News

VOXX

VOXX International Q2 EPS $0.10 Beats $0.00 Estimate, Sales $92.49M Miss $117.90M Estimate

VOXX International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VOXX#NASDAQ">VOXX</a>) is set to give its latest quarterly earnings report on Thursday, 2024-10-10. Here's what investors need to know before the announcement.
Analysts estimate that VOXX International will report an earnings per share (EPS) of $0.00. 
VOXX International 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>Earnings Track Record</h3>
In the previous earnings release, the company missed EPS by $0.40, leading to a 6.69% drop in the share price the following trading session.
Here's a look at VOXX International's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q1 2025</th>
<th>Q4 2024</th>
<th>Q3 2024</th>
<th>Q2 2024</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0</td>
<td>0</td>
<td>-0.10</td>
<td>-0.38</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>-0.4</td>
<td>-0.9</td>
<td>0.08</td>
<td>-0.47</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-7.000000000000001%</td>
<td>-24.0%</td>
<td>-12.0%</td>
<td>21.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1728482461_0.png" alt="eps graph" />
<h3>VOXX International Share Price Analysis</h3>
Shares of VOXX International were trading at $6.29 as of October 08. Over the last 52-week period, shares are down 34.32%. 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/VOXX/earnings">To track all earnings releases for VOXX International visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Outlook For VOXX International

Asset Sales

VOXX International Sells Domestic Accessory Business, Jamo and Energy Brands For ~$28M

VOXX International's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VOXX#NYSE">VOXX</a>) short percent of float has fallen 37.69% since its last report. The company recently reported that it has 66 thousand shares sold short, which is 0.81% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.0 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>VOXX International Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1725390016_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for VOXX International has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing VOXX International's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, VOXX International's peer group average for short interest as a percentage of float is 7.05%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

Trading Ideas

Peering Into VOXX International's Recent Short Interest

As of Sept. 3, 2024, five stocks in the consumer discretionary sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
The RSI is a momentum indicator, which compares a stock&#8217;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#8217;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the <a href="https://www.benzinga.com/topic/rsi">RSI is above 70</a>, according to <a href="https://pro.benzinga.com/">Benzinga Pro</a>. 
Here's the latest list of major overbought players in this sector.
<h3 class="wp-block-heading">VOXX International Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VOXX#NASDAQ">VOXX</a>)</h3>
<ul>
<li>On Aug. 27, the company announced that its board of directors is exploring methods to maximize shareholder value. The board is evaluating options, including a sale of the company, a sale of segments, operational improvements or other strategic transactions.. The company's stock gained around 92% over the past five days and has a <a href="https://www.benzinga.com/quote/VOXX">52-week high of $11.70</a>.</li>
<li>RSI Value: 81.77&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</li>
<li>VOXX Price Action: Shares of VOXX International gained 12.7% to close at $5.49 on Friday.</li>
</ul>
<h3 class="wp-block-heading">Aramark (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARMK#NYSE">ARMK</a>)</h3>
<ul>
<li>On Aug. 6, Aramark posted better-than-expected quarterly earnings results. The company's stock gained around 11% over the past month and <a href="https://www.benzinga.com/quote/ARMK">has a 52-week high</a> of $36.68.</li>
<li>RSI Value: 71.72</li>
<li>ARMK Price Action: Shares of Aramark rose 1.5% to close at $36.63 on Friday.</li>
</ul>
<h3 class="wp-block-heading">Sharkninja Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SN#NYSE">SN</a>)</h3>
<ul>
<li>The company's stock gained around 31% over the past month and has a <a href="https://www.benzinga.com/quote/SN">52-week high</a> of $95.90.</li>
<li>RSI Value: 74.23</li>
<li>SN Price Action: Shares of Sharkninja gained 4.3% to close at $95.82 on Friday.</li>
</ul>
<h3 class="wp-block-heading">General Motors Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>)</h3>
<ul>
<li>On Aug. 29, General Motors said that it is moving its BrightDrop electric vans under its Chevrolet brand.. The company's stock jumped around 25% over the past month and has a 52-week high is $50.50.</li>
<li>RSI Value: 70.42</li>
<li>GM Price Action: Shares of General Motors rose 0.6% to close at $49.78 on Friday.</li>
</ul>
<h3 class="wp-block-heading">Best Buy Co Inc &nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBY#NYSE">BBY</a>)</h3>
<ul>
<li>On Aug. 29, Best Buy reported better-than-expected second-quarter financial results raised its FY25 earnings guidance. The company's stock jumped around 25% over the past month and <a href="https://www.benzinga.com/quote/BBY">has a 52-week high</a> of $103.71.</li>
<li>RSI Value: 75.83</li>
<li>BBY Price Action: Shares of Best Buy climbed 0.2% to close at $100.40 on Friday.</li>
</ul>
Read More: 
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<li><a href="https://www.benzinga.com/news/24/09/40677064/this-analyst-with-87-accuracy-rate-sees-over-24-upside-in-nvidia-here-are-5-stock-picks-for-last-wee">This Analyst With 87% Accuracy Rate Sees Over 24% Upside In Nvidia &#8211; Here Are 5 Stock Picks For Last Week From Wall Street&#8217;s Most Accurate Analysts</a></li>
</ul>

Markets

ARMK

Top 5 Consumer Stocks That Could Sink Your Portfolio In Q3

<h3>Gainers</h3>
<ul>
<li>Singing Machine Co (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MICS#NASDAQ">MICS</a>) shares moved upwards by 27.0% to $0.75 during Monday's regular session. The market value of their outstanding shares is at $7.3 million. </li>
<li>Leslies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LESL#NASDAQ">LESL</a>) stock moved upwards by 20.39% to $3.01. The market value of their outstanding shares is at $556.5 million. </li>
<li>Polestar Automotive (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PSNY#NASDAQ">PSNY</a>) stock rose 13.55% to $1.22. The market value of their outstanding shares is at $2.5 billion. </li>
<li>EZGO Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EZGO#NASDAQ">EZGO</a>) shares moved upwards by 13.28% to $1.45. The market value of their outstanding shares is at $3.7 million. </li>
<li>VOXX International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VOXX#NASDAQ">VOXX</a>) shares increased by 12.83% to $5.5. The company's market cap stands at $123.5 million. </li>
<li>Rent the Runway (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RENT#NASDAQ">RENT</a>) shares increased by 9.98% to $13.44. The market value of their outstanding shares is at $50.0 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Sunlands Technology (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STG#NYSE">STG</a>) stock declined by 39.8% to $4.73 during Monday's regular session. The market value of their outstanding shares is at $64.8 million. </li>
<li>LightInTheBox Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LITB#NYSE">LITB</a>) shares declined by 20.59% to $0.52. The market value of their outstanding shares is at $57.3 million. </li>
<li>Four Seasons Education (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FEDU#NYSE">FEDU</a>) stock fell 19.9% to $17.61. The company's market cap stands at $37.2 million. </li>
<li>TH International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/THCH#NASDAQ">THCH</a>) shares decreased by 11.04% to $0.6. The company's market cap stands at $94.8 million. The company's, Q2 earnings came out 2 days ago. </li>
<li>Mullen Automotive (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MULN#NASDAQ">MULN</a>) shares fell 9.71% to $0.22. The market value of their outstanding shares is at $14.6 million. </li>
<li>BARK (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BARK#NYSE">BARK</a>) stock declined by 9.02% to $1.67. The company's market cap stands at $288.9 million. 
See Also: <a href="http://www.benzinga.com/money/best-consumer-cyclical-stocks/" title="www.benzinga.com/money/best-consumer-cyclical-stocks/">www.benzinga.com/money/best-consumer-cyclical-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Movers

BARK

EZGO

FEDU

LESL

LITB

MICS

MULN

PSNY

RENT

THCH

12 Consumer Discretionary Stocks Moving In Monday's Intraday Session

U.S. stocks traded mixed toward the end of trading, with the S&amp;P 500 gaining around 0.2% on Tuesday.
The Dow traded up 0.01% to 41,242.33 while the NASDAQ rose 0.24% to 17,768.84. The S&amp;P 500 also rose, gaining, 0.20% to 5,628.04.
Check This Out: <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/08/40575289/jim-cramer-believes-in-dell-ceo-doesnt-like-b-g-foods">Jim Cramer Believes In Dell CEO, Doesn&#8217;t Like B&amp;G Foods</a>
Leading and Lagging Sectors Information technology shares climbed by 0.7% on Tuesday.
In trading on Tuesday, energy shares fell by 1%.
Top Headline
The S&amp;P CoreLogic Case-Shiller home price index climbed by 6.5% year-over-year in June compared to a revised 6.9% rise in the prior month.
Equities Trading UP &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<ul>
<li>Ensysce Biosciences, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENSC#NASDAQ">ENSC</a>) shares shot up 37% to $0.5899 after the company received a $14 million multi-year grant from the NIH for the continued development of its PF614-MPAR, an abuse-deterrent opioid with overdose protection.</li>
<li>Shares of Addex Therapeutics Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADXN#NASDAQ">ADXN</a>) got a boost, surging 49% to $11.18 after the company and Indivior selected clinical candidates from their GABAB positive allosteric modulator research collaboration. The company is eligible for up to $330 million on achievement of milestones and royalties.</li>
<li>VOXX International Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VOXX#NASDAQ">VOXX</a>) shares were also up, gaining 74% to $4.9710 after announcing strategic alternatives process to maximize valuation.</li>
</ul>
Equities Trading DOWN
<ul>
<li>Altisource Asset Management Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAMC#NASDAQ">AAMC</a>) shares dropped 41% to $1.3890 after the company announced intention to voluntarily delist and deregister its common stock from the NYSE American LLC.</li>
<li>Shares of COSCIENS Biopharma Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSCI#NASDAQ">CSCI</a>) were down 33% to $3.9501 after the company announced results from Phase 3 DETECT-trial of AEZS-130-P02.</li>
<li>American Woodmark Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMWD#NASDAQ">AMWD</a>) was down, falling 11% to $89.23 after the company reported worse-than-expected first-quarter financial results and expects FY25 sales to decline in low single digits.</li>
</ul>
Commodities In commodity news, oil traded down 2.2% to $75.69 while gold traded up 0.1% at $2,556.30.
Silver traded up 0.1% to $30.05 on Tuesday, while copper rose 0.5% to $4.3035.
Euro zone
European shares were mostly higher today. The eurozone's STOXX 600 gained 0.16%, Germany's DAX rose 0.35% and France's CAC 40 fell 0.32%. Spain's IBEX 35 Index rose 0.55%, while London's FTSE 100 rose 0.21%.
German economy contracted by 0.1% quarter-over-quarter in the second quarter, following a 0.2% growth in the first quarter. The GfK Consumer Climate Indicator for Germany fell to a reading of -22.0 heading into September compared to a revised -18.6 in the prior period.
Asia Pacific Markets
Asian markets closed mostly higher on Tuesday, with Japan's Nikkei 225 gaining 0.47%, Hong Kong's Hang Seng Index gaining 0.43%, China's Shanghai Composite Index falling 0.24% and India's BSE Sensex rising 0.02%.
Hong Kong&#8217;s trade deficit narrowed to $21.8 billion in July versus a $30 billion gap in the year-ago month, as exports increased more than imports.
Economics
<ul>
<li>The S&amp;P CoreLogic Case-Shiller home price index climbed by 6.5% year-over-year in June compared to a revised 6.9% rise in the prior month.</li>
<li>The FHFA house price index fell 0.1% in June, compared to market expectations for a 0.2% gain.</li>
</ul>
Now Read This: 
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<li><a href="https://www.benzinga.com/news/24/08/40574236/netflix-to-rally-around-9-here-are-10-top-analyst-forecasts-for-tuesday">Netflix To Rally Around 9%? Here Are 10 Top Analyst Forecasts For Tuesday</a></li>
</ul>

Equities

Eurozone

Commodities

AAMC

ADXN

AMWD

CSCI

ENSC

S&P 500 Edges Higher; American Woodmark Shares Slide

VOXX International Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VOXX#NASDAQ">VOXX</a>) stock is trading higher Tuesday following the company&#8217;s announcement that it is <a href="https://www.benzinga.com/wiim/24/08/40577732/voxx-international-shares-are-trading-higher-after-the-company-announced-the-potential-sale-of-the-c">considering a sale</a>.
The Details: On Tuesday morning, the company announced that its board of directors is exploring methods to maximize shareholder value.
The board is evaluating options, including a sale of the company, a sale of segments, operational improvements or other strategic transactions.
In an effort to support this process, the company has formed a strategic transactions committee and retained Solomon Partners as financial advisor and Bryan Cave Leighton Paisner as legal advisor.
There is no guarantee that the company will go through on a sale of the company or any other transaction. 
What Else: A Form 4 filed with the SEC indicates that Gentex Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GNTX#NASDAQ">GNTX</a>) has bought 3,152,000 shares of VOXX at an average price of $5 per share.
How To Buy VOXX International Stock
Besides going to a brokerage platform to purchase a share &#8211; or fractional share &#8211; of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument. 
For example, in VOXX International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VOXX#NASDAQ">VOXX</a>)'s case, it is in the Consumer Discretionary sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.
See Also: <a href="https://www.benzinga.com/markets/esg/24/08/40512436/rivian-hits-rough-patch-production-halts-leadership-shake-ups-dent-stock">Rivian Hits Rough Patch: Production Halts, Leadership Shake-Ups Dent Stock</a>
VOXX Price Action: At the time of writing, VOXX International shares are moving 83.9% higher at $5.24, according to data from <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>.
Image: 3196481 from Pixabay.

GNTX

Why VOXX International Shares Are Moving Higher Tuesday

U.S. stocks traded mostly lower midway through trading, with the Dow Jones index falling around 0.2% on Tuesday.
The Dow traded down 0.16% to 41,175.13 while the NASDAQ fell 0.03% to 17,720.68. The S&amp;P 500 also fell, dropping, 0.01% to 5,616.66.
Check This Out: <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/08/40575289/jim-cramer-believes-in-dell-ceo-doesnt-like-b-g-foods">Jim Cramer Believes In Dell CEO, Doesn&#8217;t Like B&amp;G Foods</a>
Leading and Lagging Sectors Information technology shares climbed by 0.5% on Tuesday.
In trading on Tuesday, energy shares fell by 0.6%.
Top Headline
Hain Celestial Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HAIN#NASDAQ">HAIN</a>) reported better-than-expected quarterly results on Tuesday.
The company reported fourth quarter adjusted earnings per share of 13 cents, beating the analyst consensus estimate of 8 cents. Quarterly revenues of $418.80 million missed the street view of $421.2 million.
Equities Trading UP &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<ul>
<li>Ensysce Biosciences, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENSC#NASDAQ">ENSC</a>) shares shot up 43% to $0.6190 after the company received a $14 million multi-year grant from the NIH for the continued development of its PF614-MPAR, an abuse-deterrent opioid with overdose protection.</li>
<li>Shares of Addex Therapeutics Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADXN#NASDAQ">ADXN</a>) got a boost, surging 39% to $10.40 after the company and Indivior selected clinical candidates from their GABAB positive allosteric modulator research collaboration. The company is eligible for up to $330 million on achievement of milestones and royalties.</li>
<li>VOXX International Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VOXX#NASDAQ">VOXX</a>) shares were also up, gaining 70% to $4.8450 after announcing strategic alternatives process to maximize valuation.</li>
</ul>
Equities Trading DOWN
<ul>
<li>Altisource Asset Management Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAMC#NASDAQ">AAMC</a>) shares dropped 48% to $1.2250 after the company announced intention to voluntarily delist and deregister its common stock from the NYSE American LLC.</li>
<li>Shares of COSCIENS Biopharma Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSCI#NASDAQ">CSCI</a>) were down 26% to $4.3350 after the company announced results from Phase 3 DETECT-trial of AEZS-130-P02.</li>
<li>American Woodmark Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMWD#NASDAQ">AMWD</a>) was down, falling 10% to $89.93 after the company reported worse-than-expected first-quarter financial results and expects FY25 sales to decline in low single digits.</li>
</ul>
Commodities In commodity news, oil traded down 1.8% to $76.02 while gold traded down 0.2% at $2,550.90.
Silver traded down 0.1% to $29.97 on Tuesday, while copper rose 0.6% to $4.3085.
Euro zone
European shares were mostly higher today. The eurozone's STOXX 600 gained 0.17%, Germany's DAX rose 0.40% and France's CAC 40 fell 0.17%. Spain's IBEX 35 Index rose 0.40%, while London's FTSE 100 rose 0.28%.
German economy contracted by 0.1% quarter-over-quarter in the second quarter, following a 0.2% growth in the first quarter. The GfK Consumer Climate Indicator for Germany fell to a reading of -22.0 heading into September compared to a revised -18.6 in the prior period.
Asia Pacific Markets
Asian markets closed mostly higher on Tuesday, with Japan's Nikkei 225 gaining 0.47%, Hong Kong's Hang Seng Index gaining 0.43%, China's Shanghai Composite Index falling 0.24% and India's BSE Sensex rising 0.02%.
Hong Kong&#8217;s trade deficit narrowed to $21.8 billion in July versus a $30 billion gap in the year-ago month, as exports increased more than imports.
Economics
<ul>
<li>The S&amp;P CoreLogic Case-Shiller home price index climbed by 6.5% year-over-year in June compared to a revised 6.9% rise in the prior month.</li>
<li>The FHFA house price index fell 0.1% in June, compared to market expectations for a 0.2% gain.</li>
</ul>
Now Read This: 
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<li><a href="https://www.benzinga.com/news/24/08/40574236/netflix-to-rally-around-9-here-are-10-top-analyst-forecasts-for-tuesday">Netflix To Rally Around 9%? Here Are 10 Top Analyst Forecasts For Tuesday</a></li>
</ul>

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VOXX International shares are trading higher after the company announced the potential sale of the company. Also, Gentex bought 3,152,000 shares at an average price of $5 per share.

U.S. stocks traded mixed this morning, with the Dow Jones index gaining over 50 points on Tuesday.
Following the market opening Tuesday, the Dow traded up 0.16% to 41,240.52 while the NASDAQ fell 0.42% to 17,651.68. The S&amp;P 500 also fell, dropping, 0.22% to 5,604.73.
Check This Out: <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/08/40575289/jim-cramer-believes-in-dell-ceo-doesnt-like-b-g-foods">Jim Cramer Believes In Dell CEO, Doesn&#8217;t Like B&amp;G Foods</a>
Leading and Lagging Sectors Health care shares climbed by 0.2% on Tuesday.
In trading on Tuesday, information technology shares fell by 0.6%.
Top Headline
ScanSource, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SCSC#NASDAQ">SCSC</a>) reported worse-than-expected fourth-quarter financial results.
ScanSource reported quarterly earnings of 80 cents per share which missed the analyst consensus estimate of 93 cents per share. The company reported quarterly sales of $746.113 million which missed the analyst consensus estimate of $843.143 million.
ScanSource said it sees FY25 revenues of $3.1 billion to $3.5 billion, versus estimates of $3.47 billion.
Equities Trading UP &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<ul>
<li>Ensysce Biosciences, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENSC#NASDAQ">ENSC</a>) shares shot up 66% to $0.7176 after the company received a $14 million multi-year grant from the NIH for the continued development of its PF614-MPAR, an abuse-deterrent opioid with overdose protection.</li>
<li>Shares of Addex Therapeutics Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADXN#NASDAQ">ADXN</a>) got a boost, surging 64% to $12.25 after the company and Indivior selected clinical candidates from their GABAB positive allosteric modulator research collaboration. The company is eligible for up to $330 million on achievement of milestones and royalties.</li>
<li>VOXX International Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VOXX#NASDAQ">VOXX</a>) shares were also up, gaining 50% to $4.25 after announcing strategic alternatives process to maximize valuation.</li>
</ul>
Equities Trading DOWN
<ul>
<li>Altisource Asset Management Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAMC#NASDAQ">AAMC</a>) shares dropped 47% to $1.25 after the company announced intention to voluntarily delist and deregister its common stock from the NYSE American LLC.</li>
<li>Shares of COSCIENS Biopharma Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSCI#NASDAQ">CSCI</a>) were down 35% to $3.80 after the company announced results from Phase 3 DETECT-trial of AEZS-130-P02.</li>
<li>Lixte Biotechnology Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LIXT#NASDAQ">LIXT</a>) was down, falling 15% to $1.75.</li>
</ul>
Commodities In commodity news, oil traded down 1% to $76.67 while gold traded down 0.4% at $2,545.10.
Silver traded down 0.3% to $29.92 on Tuesday, while copper rose 0.3% to $4.2915.
Euro zone
European shares were mostly higher today. The eurozone's STOXX 600 gained 0.1%, Germany's DAX rose 0.4% and France's CAC 40 fell 0.2%. Spain's IBEX 35 Index rose 0.2%, while London's FTSE 100 rose 0.2%.
German economy contracted by 0.1% quarter-over-quarter in the second quarter, following a 0.2% growth in the first quarter. The GfK Consumer Climate Indicator for Germany fell to a reading of -22.0 heading into September compared to a revised -18.6 in the prior period.
Asia Pacific Markets
Asian markets closed mostly higher on Tuesday, with Japan's Nikkei 225 gaining 0.47%, Hong Kong's Hang Seng Index gaining 0.43%, China's Shanghai Composite Index falling 0.24% and India's BSE Sensex rising 0.02%.
Hong Kong&#8217;s trade deficit narrowed to $21.8 billion in July versus a $30 billion gap in the year-ago month, as exports increased more than imports.
Economics
<ul>
<li>The S&amp;P CoreLogic Case-Shiller home price index climbed by 6.5% year-over-year in June compared to a revised 6.9% rise in the prior month.</li>
<li>The FHFA house price index fell 0.1% in June, compared to market expectations for a 0.2% gain.</li>
</ul>
Now Read This: 
<ul>
<li><a href="https://www.benzinga.com/news/24/08/40574236/netflix-to-rally-around-9-here-are-10-top-analyst-forecasts-for-tuesday">Netflix To Rally Around 9%? Here Are 10 Top Analyst Forecasts For Tuesday</a></li>
</ul>

LIXT

SCSC

US Stocks Mixed; ScanSource Reports Weak Q4 Results

VOXX International Form 4 Filing Shows Gentex Bought 3,152,500 Shares Of Stock At An Average Price Of $5/Share

OXX International Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VOXX#NASDAQ">VOXX</a>), a leading manufacturer and distributor of automotive and consumer technologies for the global markets, announced that its board of directors has been conducting an exploration of strategic alternatives in connection with its ongoing effort to maximize shareholder value. &nbsp;
As part of this process, the board will consider a wide range of options for VOXX, including, among other things, a potential sale of the Company, a sale of segments, operational improvements, or other strategic transactions. Per its fiduciary responsibilities and to support its evaluation process, the VOXX board has established a strategic transactions committee which&nbsp;has retained Solomon Partners as financial advisor&nbsp;and Bryan Cave Leighton Paisner LLP as legal advisor.
There can be no assurance that this process will result in VOXX pursuing a particular transaction or other strategic outcome. VOXX has not set a timetable for completion of this process, and it does not intend to disclose further developments unless and until it determines that further disclosure is appropriate or necessary.

VOXX International Announces Strategic Alternatives Process To Maximize Valuation Including, Among Other Things, A Potential Sale Of The Company, A Sale Of Segments, Operational Improvements, Or Other Strategic Transactions

Gentex Corp Submitted Preliminary, Non-Binding Proposal To Voxx International Corp's Board On May 31

VOXX International shares are trading higher after the company announced the sale of certain assets of its Domestic Accessories Group to Established.

VOXX will continue to operate as&nbsp;VOXX Accessories Corp. ("VAC") to ensure business continuity
ORLANDO, Fla., Aug. 8, 2024 /PRNewswire/ -- VOXX International Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VOXX#NASDAQ">VOXX</a>), today announced that it has entered into an Asset Purchase Agreement (the "Agreement") to sell certain assets, including the Company's iconic RCA&#xAE;&nbsp;trademarks and other intellectual property, to Established Inc. The total value of the transaction is expected to be approximately $25 million, and the companies anticipate the deal will close on or before August 30, 2024. Under the agreement, VOXX Accessories Corp. will continue to operate the business while working with customers and partners in the normal course of business.

VOXX International Announces The Sale Of Certain Assets Of Its Domestic Accessories Group To Established, Inc. For ~$25M

Commenting on the Company&#39;s&nbsp;first quarter&nbsp;results,&nbsp;Pat Lavelle, Chief Executive Officer stated, &quot;During the&nbsp;first quarter, we took aggressive steps to improve gross margins and lower both our operating expenses and working capital needs. While our sales were down for the comparable periods, gross margins improved in our Automotive and Consumer segments, and we reduced year-over-year expenses by over&nbsp;16%. The retail environment remains challenging, interest rates are high, and inflation is still a major concern. With market pressures expected to continue, we have instituted various restructuring programs to right size our business. We are equally focused on reducing our debt and freeing up capital to re-invest in VOXX. With the changes made and upcoming, we expect to return to profitability this year.&quot;

Guidance

VOXX Says Retail Environment Remains Challenging; Market Pressures Expected To Continue

VOXX International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VOXX#NASDAQ">VOXX</a>) reported quarterly losses of $(0.40) per share. This is a 11.11 percent increase over losses of $(0.45) per share from the same period last year. The company reported quarterly sales of $91.66 million which missed the analyst consensus estimate of $111.95 million by 18.12 percent. This is a 18.11 percent decrease over sales of $111.93 million the same period last year.

VOXX International Q1 EPS $(0.40) Up From $(0.45) YoY, Sales $91.66M Miss $111.95M Estimate

<h3>Gainers</h3>
<ul>
<li>Sacks Parente Golf (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SPGC#NASDAQ">SPGC</a>) shares rose 10.9% to $0.61 during Monday's after-market session. The company's market cap stands at $8.9 million. </li>
<li>U Power (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UCAR#NASDAQ">UCAR</a>) shares moved upwards by 6.47% to $5.59. The market value of their outstanding shares is at $13.7 million. </li>
<li>Visionary Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GV#NASDAQ">GV</a>) stock rose 4.87% to $3.66. The market value of their outstanding shares is at $12.6 million. </li>
<li>Vroom (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRM#NASDAQ">VRM</a>) shares rose 4.46% to $10.29. The company's market cap stands at $18.6 million. </li>
<li>E-Home Household Service (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EJH#NASDAQ">EJH</a>) shares increased by 3.24% to $0.57. The market value of their outstanding shares is at $10.1 million. </li>
<li>VOXX International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VOXX#NASDAQ">VOXX</a>) stock increased by 3.22% to $3.52. The company's market cap stands at $79.3 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>BARK (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BARK#NYSE">BARK</a>) stock declined by 12.2% to $1.23 during Monday's after-market session. The market value of their outstanding shares is at $217.9 million. The company's, Q4 earnings came out today. </li>
<li>Smart Share Glb (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EM#NASDAQ">EM</a>) shares decreased by 9.28% to $0.88. The market value of their outstanding shares is at $228.4 million. The company's, Q1 earnings came out today. </li>
<li>Boqii Holding (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/BQ#AMEX">BQ</a>) stock fell 7.4% to $0.41. The company's market cap stands at $1.8 million. </li>
<li>Guess (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GES#NYSE">GES</a>) stock fell 4.99% to $22.47. The market value of their outstanding shares is at $1.2 billion. As per the press release, Q1 earnings came out 2 days ago. </li>
<li>Big 5 Sporting Goods (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BGFV#NASDAQ">BGFV</a>) stock fell 4.81% to $3.37. The company's market cap stands at $76.2 million. </li>
<li>Naas Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NAAS#NASDAQ">NAAS</a>) shares declined by 4.05% to $0.35. The market value of their outstanding shares is at $90.5 million. 
See Also: <a href="http://www.benzinga.com/money/best-consumer-cyclical-stocks/" title="www.benzinga.com/money/best-consumer-cyclical-stocks/">www.benzinga.com/money/best-consumer-cyclical-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

BGFV

NAAS

SPGC

UCAR

12 Consumer Discretionary Stocks Moving In Monday's After-Market Session

Shares of homebuilders and household durables stocks are trading lower following worse-than-expected April Housing Starts data.

The auto industry is going through a downturn, so VOXX International has been losing money and sitting on high inventory levels. But the stock has fallen 90% from its 2021 high, which may be on the excessive side, resulting in an opportunity.

VOXX International Corporation: Unpopular But Profitable?

VOXX international sells certain assets of domestic accessories group to Established Inc

VOXX International rises after company to explore strategic alternatives

VOXX International: Upgrading To Strong Buy With Potential Break-Up Value Of $15

Voxx International Corp., Trinity Biotech Plc, and Ensysce Biosciences are the 3 Penny Stocks to watch on August 29, based on&nbsp;TipRanks' Penny ...

3 Penny Stocks to Watch Now, 8/29/24

VOXX International closes sale of domestic accessories business

Earnings week ahead: JPMorgan, Wells Fargo, PepsiCo, Delta Air Lines, and more

VOXX International GAAP EPS of $0.10, revenue of $92.5M

VOXX International Corporation (VOXX) Q2 2025 Earnings Call Transcript

VOXX International: Management Fueling Buyout Hopes - Strong Buy

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Press Releases

VOXX International Corporation Reports its Fiscal 2024 Fourth Quarter and Year-end Financial Results

Penny Stocks

VOXX INTERNATIONAL CORPORATION SETS DATE TO REPORT ITS FISCAL 2025 FIRST QUARTER RESULTS AND HOST CONFERENCE CALL

VOXX International Corporation Reports its Fiscal 2025 First Quarter Financial Results

VOXX International Corporation Announces the Sale of Certain Assets of its Domestic Accessories Group to Established, Inc. for Approximately $25 Million

VOXX International Corporation Announces Changes to its Board of Directors

VOXX International Corporation Announces Strategic Alternatives Process to Maximize Valuation

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All-new 2025 Nissan Armada to feature segment-exclusive Klipsch® Premium Audio System

VOXX International Corporation Announces the Successful Sale of its Domestic Accessory Business and the Sale of its Jamo™ and Energy™ Brands for a Total of Approximately $28 Million

VOXX INTERNATIONAL CORPORATION SETS DATE TO REPORT ITS FISCAL 2025 SECOND QUARTER AND SIX-MONTHS RESULTS AND HOST CONFERENCE CALL

VOXX International Corporation Reports its Fiscal 2025 Second Quarter Financial Results

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