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Some stocks are performing better than average (e.g. Netflix shares jumped 13% after announcing earnings) while others are performing worse (e.g., Snap shares fell 28% after announcing earnings ...
These companies announce earnings and generally hold an earnings call quarterly. Some companies with shares publicly listed also have American Depositary Receipts (ADRs) that are traded on US stock exchanges and are required to file Forms 20-F and 6K with the SEC. They are likely to have their earnings announcements and calls coordinated with ...
Stocks were higher just 40% of the time in those years with an average decline of 3.4%. Meanwhile, in years when GDP tracked between 2.1% and 3%, stocks were higher 70% of the time, with an ...
Nike is taking a step in the right direction under new CEO Elliott Hill.The footwear brand posted its fiscal second quarter earnings on Thursday after market close. Its revenue of $12.35 billion ...
For firms that report good news in quarterly earnings, their abnormal security returns tend to drift upwards for at least 60 days following their earnings announcement. Similarly, firms that report bad news in earnings tend to have their abnormal security returns drift downwards for a similar period. This phenomenon is called post-announcement ...
Chip stocks gained big on Monday, partly due to a solid earnings report from Foxconn, a contract manufacturer of chips and other devices. The company reported a 15% year-over-year growth in revenue.
AMD , the closest competitor, has seen its stock price sink over 5% year to date, while Intel , which is contending with a difficult turnaround, has seen its stock plunge nearly 52%.
Shares of the company soared as high as 18% in after-hours trading, after getting pounded this year. ... Zoom revised its full year adjusted earnings per share to between $3.70 and $3.77 from $3. ...