- Top laggard Signature Bank gave up 3.24 cents, or 25.82% today Playtika had a negative day today (down 8.76%).
- FTSE added 0.5% to trade at 7,870.57.
Today's market activity meant that markets had an interesting day today; Dow Jones gained 0.8% and closed at 34,100. S&P 500 closed the day at 4,169.48, having gained 0.83%.
Trading in the US will continue Monday in around 2 days time, meanwhile upbeat European markets ended today higher as FTSE is up by 0.5%, hitting 7,870.57. Asia-Pacific markets closed higher today whilst Nikkei goes up by 1.4%, reaching 28,856.
FirstEnergy Corp and Carter's, Inc. have released their earnings reports with Banco de Chile and DraftKings Inc. are set to publish their respective reports as scheduled.
On a negative note, the market received some disappointing news as United States Pending Home Sales published yesterday at 14:00 UTC came out at -5.2%, falling short of the 0.5% projections and continuing its decline from the previous 0.8% figure. United States GDP fell short of the two projections, with new data of 1.1.
Today's rise takes place amid mixed market indicators — United States Core PCE Price Index (MoM) (Mar) came out at 0.3, while a consensus of analysts was expecting 0.3.
While most assets did well today, some did better than others as Charter trades at $368.7 having gained 7.57%.
Today's bullishness contained stragglers as noticeable risk-on sentiment wasn't enough to prevent Signature Bank giving up 3.24 cents, or 25.82%, before ending the session at 9.31 cents. Playtika had a negative day today (down 8.76%).
Playtika | Closed today's session at $10
After ending yesterday at $10.96, Playtika Holding Corp. dropped to $9.33 early in today's session and closed at $10. In total, it lost 8.76%. Daily trading volume (2.12 million shares) was higher than the current multiday average of 1.34 million.
Playtika is scheduled to announce earnings results Thursday. The consensus Earnings Per Share estimate is 0.2 and the consensus revenue estimate is $640.66 million.
Signature Bank | Currently down 25.82% at 9.31 cents
- The full-service commercial bank has shed 99.9% over the past three months.
After ending today at 9.31 cents and losing 3.24 cents, it now trades below the 10 cents level for the first time in 4 weeks. So far this year, it has been doing worse than the Nasdaq by 114.35%. The company is currently trading with a market cap of $5.86 million with an average daily trading volume of 12.66 million shares. Signature Bank expected revenue of $629 million with an EPS of $3.94.