Discover the 3 stocks that published earnings during Friday's market slide

Published: March 19 2023, 08:10 GMT+0

Discover the 3 stocks that published earnings during Friday's market slide

DarioHealth Corp., Oracle, The Toro Company are the ones to read about today.

Leading equity indices in the US declined as Dow Jones lost 1.19% and ended the session 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. 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 personalized health management firm's market cap currently stands at $104.26 million with an average daily trading volume of 157,554 shares.

While Oracle was in the midst of a 6 day downtrend— in which it lost a total of 5%— a possible reversal detected from Friday; Oracle rose 44 cents to close at $85.26 Friday which makes for a move of 0.52%. Oracle bucks the trend and ends the day higher while beating its average trading volume by 106%.

Toro Company's bearish run has lasted 3 days so far (-$8.06). more of the same from Friday's session: during Friday's session, Toro Company toiled and struggled for upward momentum before closing at $106. By the close, the the industrial equipment maker suffered a $1.85 or 1.7% loss.

The industrial equipment maker reached a significant high of $116.19 around 2 months ago but has lost 7.18% since then. So far this year, it has been under-performing the Nasdaq by 10.69%. The company is currently trading with a market cap of $11 billion with an average daily volume of 940,453 shares.