Earnings Scheduled For March 1, 2023
Companies Reporting Before The Bell
• Globalstar (AMEX:GSAT) is expected to report quarterly loss at $0.01 per share on revenue of $38.75 million.
Goldman Sachs Maintains Buy on Credo Technology Group, Lowers Price Target to $14
Goldman Sachs analyst Toshiya Hari maintains Credo Technology Group (NASDAQ:CRDO) with a Buy and lowers the price target from $19 to $14.
Nasdaq Surges 90 Points; Credo Technology Group Shares Slide
U.S. stocks turned mostly higher toward the end of trading, with the Nasdaq Composite gaining around 90 points on Wednesday.
The Dow traded down 0.01% to 34,085.88 while the NASDAQ rose 0.76% to 12,050.47. The S&P 500 also rose, gaining, 0.16% to 4,142.69.
Why Sabre Are Trading Lower By 19%? Here Are Other Stocks Moving In Wednesday’s Mid-Day Session
Gainers
Sera Prognostics, Inc. (NASDAQ: SERA) shares surged 63.4% to $2.11 after the company announced top-line data from the AVERT PRETERM TRIAL.
12 Information Technology Stocks Moving In Wednesday’s Intraday Session
Gainers Soluna Holdings (NASDAQ:SLNHP) shares moved upwards by 29.1% to $3.15 during Wednesday’s regular session. Iris Energy (NASDAQ:IREN)…
Credo Stock Loses Half Its Value – Why Is It Plunging Today
Credo Technology Group Holding Ltd's (NASDAQ: CRDO) largest customer has reduced its demand forecast for certain Credo products for reasons Credo understands are unrelated to Credo's performance.
Dow Dips 200 Points; US Retail Sales Rise 3%
U.S. stocks traded lower this morning, with the Dow Jones dropping around 200 points on Wednesday.
Following the market opening Wednesday, the Dow traded down 0.61% to 33,880.45 while the NASDAQ fell 0.33% to 11,921.23. The S&P 500 also fell, dropping, 0.58% to 4,112.20.
Roth MKM Maintains Buy on Credo Technology Group, Lowers Price Target to $14
Roth MKM analyst Suji Desilva maintains Credo Technology Group (NASDAQ:CRDO) with a Buy and lowers the price target from $20 to $14.
Mizuho Maintains Buy on Credo Technology Group, Lowers Price Target to $16
Mizuho analyst Vijay Rakesh maintains Credo Technology Group (NASDAQ:CRDO) with a Buy and lowers the price target from $20 to $16.