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March 08, 2023
Thor Industries, Inc., Casey's General Stores, Inc., DICK'S Sporting Goods, Inc. are the ones to read about today.
Leading equity indices in the US declined as Dow Jones shed 1.72% and closed at 32,856. S&P 500 lost 1.53% and ended the session at 3,986.37.
Ciena Corporation and Nutanix, Inc. have released their earnings reports with Five Below, Inc. & ZTO Express (Cayman) Inc. are set to publish their respective reports as scheduled.
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.
After ending Monday at $92.58, Thor Industries, Inc. declined to $85.79 yesterday before closing at $89.06, thereby losing 3.8% in total. Daily trading volume (2 million shares) was above the current multiday average of 622,418.
An influx of sellers pushed the convenience store company to end the session lower around $209.7, while establishing a $209.22 to $213.74 session range yesterday. Daily trading volume (350,567 shares) was higher than the current multiday average of 239,254.
The sporting goods merchant rose as high as $146.89 before giving up its gains and dropping back to $146.79 before the close on yesterday. Daily trading volume (9.21 million shares) increased, making up 689% of the 21-day average (1.34 million).
An influx of sellers pushed the US cybersecurity company to end the session lower around $124.93, while establishing a $124.52 to $128.6 session range yesterday.
Having set a significant low of $94.72 2 months ago, the US software company is trading 34.7% higher. The company's market cap currently stands at $29.28 billion with an average daily trading volume of 4.51 million shares.
