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March 16, 2023
DarioHealth Corp., Oracle, The Toro Company and other stocks published their quarterly earnings, check out this rundown of reports and how they turned out.
Leading equity indices in the US declined as Dow Jones slipped 0.87% and closed at 31,875. S&P 500 was down 0.7% before closing the session at 3,892.
What is an earnings report?
An earnings report is an official statement of a company's profitability over a certain period of time. Usually, these reports are released four times a year (quarterly reports) and have a significant impact on the market. These announcements are typically taken into consideration when making predictions.
Markets were down, stocks have released their quarterly earnings reports. Have a look at this rundown.
During yesterday's session, DarioHealth Corp. toiled and struggled for upward momentum before closing at $4.07. By the close, the the digital therapeutics company suffered a 12 cents or 2.86% loss. Trading volume totalled 104,598 which equates to around 66% of the stock's 21-day average yesterday.
During yesterday's session, Oracle toiled and struggled for upward momentum before closing at $83. By the close, the the enterprise IT company suffered a $1.56 or 1.87% loss.
The enterprise IT company is up 38.46% from the significant low of $61.07 it hit 5 months ago. So far this year, it has been doing worse than the Nasdaq by 5.57%. The company's market cap currently stands at $224 billion with an average daily volume of 7 million shares.
During yesterday's session, Toro Company toiled and struggled for upward momentum before closing at $106.89. By the close, the the industrial equipment maker suffered a $3.6 or 3.26% loss. Trading volume totalled 725,597 which equates to around 77% of the stock's 21-day average yesterday.
DocuSign rose $1.06 to close at $56.55 yesterday which makes for a move of 1.91%. Yesterday's trading volume was 5.13 million shares which is slightly under the 21-day average of 5.42 million.
