Amcon Distributing (AMEX:DIT) reported quarterly earnings of $4.46 per share. This is a 13.9 percent decrease over earnings of $5.18 per share from the same period last year. The company reported $565.99 million in
Amcon Distributing (AMEX:DIT) reported quarterly earnings of $28.59 per share. This is a 159.91 percent increase over earnings of $11.00 per share from the same period last year.
What is a Value Stock?
A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock.
Gainers
Pagaya Technologies Ltd. (NASDAQ: PGY) shares climbed 129.6% to close at $6.20 on Wednesday. Pagaya Technologies is expected to announce its Q2 earnings on August 16, 2022.
Gainers
Applied Blockchain, Inc. (NASDAQ: APLD) shares climbed 100% to close at $2.12 on Tuesday after the company reported a 200-megawatt five-year hosting contract with Marathon Digital Holdings and raised its Q4 revenue forecast.