Chegg is today's top mover after declining 48.41%
Leading equity indices in the US declined as after dropping 1.08%, Dow Jones closed at 33,700. S&P 500 lost 1.16% and ended the session at 4,119.58.
Today's price action is taking place amid mixed market indicators – United States JOLTs Job Openings (Mar) came out at 9.59 million, while a consensus of analysts was expecting 9.78 million.
“Top Movers” are assets that recorded the highest percentage change compared to their nearest peers. today's most active stocks are listed below.
Chegg | Closed today's session at $9.08
Chegg, Inc. gains 5.62% in after-hours and trades at $9.59. This comes following a session of losses in which it closed at $9.08 after dropping to $8.72 for the first time in 6 years and a half. 5 months ago the US "edutech" pioneer reached a significant high of $29.84 but has consequently lost 41.02% since then. So far this year, it has been doing worse than the Nasdaq by 45.69%. Chegg has a market cap of $1 billion with an average daily trading volume of 3.14 million shares.
PacWest Bancorp goes up to $6.8 (+3.82%) in after-hours following a session that continued its recent downtrend
Today's session continued the recent downtrend: after ending yesterday at $9.07, PacWest Bancorp declined to $5.26 today before closing at $6.55, thereby losing 27.78% in total. The multi-billion-dollar banking firm's market cap currently stands at $787.60 million with an average daily volume of 13.26 million shares.
PacWest Bancorp was down, even though its quarterly earnings released on Wednesday beat the analysts’ estimates. The reported earnings of -10.22 per share on revenue of $517.79 million, topping estimates of -191.6669 per share on revenue of $318.9 million.
Icahn Enterprises suffers weak session with 19.95% loss; downside halted at $36.8
Today's session continued down the same path: after ending yesterday at $50.42, Icahn Enterprises dropped to $36.8 early in today's session and closed at $40.36. In total, it lost 19.95%. The company has a market cap of $14.27 billion with an average daily trading volume of 408,203 shares. So far this year, it has been under-performing the Nasdaq by 17.31%.
Icahn Enterprises is scheduled to announce earnings results Friday. The consensus EPS estimate is 0.19 and the consensus revenue estimate is $2.56 billion.
Premier | Closed $6.45 (-19.31%) lower at $26.96
Premier hit a significant low of $30.89 around a month ago, but has since recovered 8.16%. Premier is currently trading with a market cap of $3.20 billion with an average daily volume of 485,752 shares.