Dow Falls 200 Points; Jobless Claims Drop To 4-Month Low
U.S. stocks traded lower this morning, with the Dow Jones dropping around 200 points on Thursday.
JP Morgan Upgrades KE Holdings to Overweight, Raises Price Target to $23
JP Morgan analyst Alex Yao upgrades KE Holdings (NYSE:BEKE) from Neutral to Overweight and raises the price target from $17 to $23.
Why KE Holdings (BEKE) Stock Is Falling
KE Holdings Inc - ADR (NYSE: BEKE) shares are trading lower by 6.15% to $14.45 during Monday's session. Shares of Chinese companies are trading lower amid a pullback after gaining last week following the easing of zero-Covid restrictions.
Why KE Holdings (BEKE) And Futu Shares Are Trading Lower
KE Holdings Inc - ADR (NYSE: BEKE) and Futu Holdings Ltd (NASDAQ: FUTU) shares are both trading lower Wednesday morning. Shares of Chinese companies at large are trading lower following soft China export data.
JP Morgan Maintains Neutral on KE Holdings, Raises Price Target to $17
JP Morgan analyst Alex Yao maintains KE Holdings (NYSE:BEKE) with a Neutral and raises the price target from $15 to $17.
KE Holdings Q3 EPS $0.22 Beats $0.12 Estimate, Sales $2.47B Beat $2.38B Estimate
KE Holdings (NYSE:BEKE) reported quarterly earnings of $0.22 per share which beat the analyst consensus estimate of $0.12 by 83.33 percent. The company reported quarterly sales of $2.47 billion which beat the analyst
Earnings Scheduled For November 30, 2022
Companies Reporting Before The Bell
• Seadrill (NYSE:SDRL) is expected to report earnings for its third quarter.
• Build-A-Bear Workshop (NYSE:BBW) is likely to report earnings for its third quarter.
Why Chinese Stocks Are Moving Higher Wednesday
Shares of several Chinese companies are trading higher. Chinese stocks may be rebounding Wednesday after facing selling pressure in recent sessions on lockdown concerns related to spikes in COVID-19 cases.
Why Bilibili, KE Holdings And GDS Holdings Stock Are Falling
Shares of several Chinese companies are trading lower again Tuesday amid a rise in COVID-19 cases in China, which has resulted in lockdown measures.
Why Baidu And KE Holdings Stock Are Seeing Blue Skies Thursday
Baidu Inc (NASDAQ: BIDU) and KE Holdings Inc - ADR (NYSE: BEKE) shares are trading higher during Thursday's session following peer tech giant Alibaba's second-quarter earnings report.