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

Published: March 19 2023, 15:10 GMT+0

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

DarioHealth Corp., Oracle, The Toro Company and other stocks have published their quarterly earnings.

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 is now trading 45.91% below the significant high of $7.45 it set around 9 months ago. The company is currently trading with a market cap of $104.26 million with an average daily 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 change of direction spotted from Friday; Oracle rose 44 cents to close at $85.26 Friday which makes for a move of 0.52%.

Oracle hit a significant low of $61.07 around 5 months ago, but has since recovered 38.89%. So far this year, it has been under-performing the Nasdaq by 5.39%. Oracle's market cap currently stands at $230.18 billion with an average daily volume of 7 million shares.

Over the last 3 days, Toro Company has fallen 8.53%. 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 equipment maker suffered a $1.85 or 1.7% loss. Daily trading volume (957,077 shares) was slightly above the current multiday average of 940,453.