Discover the 3 stocks publishing earnings amid bearish market

Published: March 19 2023, 09:10 GMT+0

Discover the 3 stocks publishing earnings amid bearish market

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 1.19% and closed at 31,862. S&P 500 shed 1.1% and closed 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. 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.

DarioHealth Corp. moves 0% to close at $4.03 Friday.

The personalized health management firm has fallen back around 45.91% over the past 9 months, from a notable high of $7.45. The company's market cap currently stands at $104.26 million with an average daily trading volume of 157,554 shares.

Oracle is in the midst of a 6 day downtrend. a possible change of direction spotted from Friday; Oracle rose 44 cents to close at $85.26 Friday which makes for a move of 0.52%. Investors eyeing potential reversal for Oracle after the company outperformed its daily average volume by 106%.

Having fallen $8.06 in 3 days, Friday's session continued down the same path: during Friday'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 has fallen back around 7.18% from the significant high of $116.19 set 2 months ago. So far this year, it has been doing worse than the Nasdaq by 10.69%. The industrial equipment maker's market cap currently stands at $11 billion with an average daily volume of 940,453 shares.