Ingevity Corporation Common Stock (NGVT)

Deal opportunities abound: KKR & Co.'s stake in Maya; DuPont's electronics business; Ingevity's North Charleston site; and S&W Seed Company.

Ingevity Corp (NYSE: NGVT) is reviewing options for its Performance Chemicals Industrial Specialties segment, aiming to streamline and improve earnings. Preliminary FY24 results also announced.

NGVT stock results show that Ingevity missed analyst estimates for earnings per share and missed on revenue for the second quarter of 2024.

NGVT stock results show that Ingevity beat analyst estimates for earnings per share and beat on revenue for the first quarter of 2024.

The Dow Jones Industrial Average, S&P 500 Index, and Nasdaq Composite are flat this afternoon, shrugging off strong premarket gains.

Companies Reporting Before The Bell • Gatos Silver (NYSE:GATO) is estimated to report quarterly earnings at $0.09 per share on revenue of $83.00 million.

Stainless steel and carbon steel engineer and manufacturer ZK International Group (NASDAQ: ZKIN) has regained compliance with Nasdaq over a bid price deficiency after the company's closing bid price exceeded $1.00 for 10 consecutive business days.

As of Dec. 26, 2023, four stocks in the materials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.