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March 18, 2023
DarioHealth Corp., Oracle, The Toro Company and other stocks published their quarterly earnings. Here's what you need to know.
Leading equity indices in the US declined as Dow Jones shed 1.19% and closed at 31,862. S&P 500 was down 1.1% before closing the session at 3,916.64.
What is an earnings report?
An earnings report is an official statement of a company's profitability over a certain period of time. These reports are typically announced once a quarter, and their timing is considered when making predictions about the market due to the large impact they have on it.
Markets were down, stocks have released their quarterly earnings reports. Have a look at this rundown.
DarioHealth Corp. moves 0% to close at $4.03 yesterday. Daily trading volume (162,631 shares) was slightly above the current multiday average of 157,554.
Oracle rises 0.52% to close at $85.26 yesterday. Daily trading volume (7.42 million shares) was slightly greater than the current multiday average of 7 million.
During yesterday's session, Toro Company toiled and struggled for upward momentum before closing at $106. By the close, the the industrial company suffered a $1.85 or 1.7% loss.
The industrial company is now trading 7.18% below the significant high of $116.19 it set around 2 months ago. So far this year, it has been under-performing the Nasdaq by 10.69%. The company's market cap currently stands at $11 billion with an average daily volume of 940,453 shares.
DocuSign moves 0.49% to close at $58.52 yesterday. The day's trading volume totalled 3.68 million shares — slightly below the 21-day average of 5.42 million.
