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

Published: March 19 2023, 11:10 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 slipped 1.19% and closed at 31,862. S&P 500 lost 1.1% and ended 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. Daily trading volume (162,631 shares) increased, making up 103% of the 21-day average (157,554).

While Oracle was in the midst of a 6 day downtrend— in which it lost a total of 5%— Friday may indicate a change of direction; Oracle climbs 0.52% to close at $85.26 Friday.

Having set a significant low of $61.07 5 months ago, the US tech hardware giant is trading 38.89% higher. So far this year, it has been under-performing the Nasdaq by 5.39%. Currently, the enterprise IT company has a market capitalization of $230.18 billion with an average daily trading volume of 7 million shares.

Toro Company's bearish run has lasted 3 days so far (-$8.06). 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. Daily trading volume (957,077 shares) increased, making up 100% of the 21-day average (940,453).

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