American Well Corporation (AMWL)

The global online mental health counseling market is expected to grow at a CAGR of 10.12% from 2025 to 2032, driven by the increasing prevalence of mental health disorders and growing awareness. However, limited internet access and preference for medication may restrain market growth.

AMWL earnings call for the period ending March 31, 2024.

Although the revenue and EPS for American Well (AMWL) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Shares of Herbalife Ltd. (NYSE: HLF) fell sharply in today’s session following weak quarterly earnings. Herbalife posted adjusted earnings of 28 cents per share, missing market estimates of 39 cents per share. The company’s quarterly sales came in at $1.22 billion versus expectations of $1.19 billion. Herbalife shares dipped 35.7% to $7.55 on Thursday. Here are some other stocks moving in today's mid-day session. Gainers JX Luxventure Limited (NASDAQ: JXJT) shares jumped 377% to $6.21 following H1 results. Dunxin Financial Holdings Limited (NYSE: DXF) surged 204% to $1.11 after gaining around 5% on Wednesday. China Natural Resources, Inc. (NASDAQ: CHNR) jumped 143% to $2.68 after gaining around 10% on Wednesday. The Children's Place, Inc. (NASDAQ: PLCE) rose 101% to $29.23. Nano-X Imaging Ltd. (NASDAQ: NNOX) shares climbed 54.7% to $9.84. Nvidia reported a 59,632 share stake in Nano X Imaging. RiskOn International, Inc. (NASDAQ: ROI) gained 54% to $0.1710. SoundHound AI, Inc. (NASDAQ: SOUN) gained 53% to $3.4499. According to data from Benzinga Pro, BlackRock reported a 5.6% passive stake in SoundHound AI after the market close. Traders also appear to be circling a filing from Nvidia in which the company disclosed positions in several companies, including SoundHound AI. Orgenesis Inc. (NASDAQ: ORGS) climbed 30.2% to $0.4362. Orgenesis 10% owner Jacob Safier acquired a total of 365,140 shares at an average price of $0.58. Pegasystems Inc. (NASDAQ: PEGA) jumped 27.8% to $64.84 after the company reported better-than-expected fourth-quarter financial results and issued FY24 EPS and revenue guidance above estimates. JFrog Ltd. (NASDAQ: FROG) shares gained 27% to $47.09 after the company reported better-than-expected fourth-quarter financial results and issued first-quarter adjusted EPS and revenue guidance above estimates. Infobird Co., Ltd (NASDAQ: IFBD) rose 26% to $1.1800. American Well Corporation (NASDAQ: AMWL) jumped 25% to $1.39 following quarterly results. Datasea Inc. (NASDAQ: DTSS) gained 25% to $11.24. DataSea announced a $30 million 5G multimodal communication technology service agreement. AppLovin Corporation (NASDAQ: APP) rose 22% to $57.16 after the company reported ...

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