Understanding Value Stocks
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
Remitly Global (NASDAQ:RELY) shares rose 13.0% to $11.88 during Wednesday's after-market session. The company's market cap stands at $1.9 billion. As per the press release, Q2 earnings came out today.
Kulicke & Soffa Indus (NASDAQ:KLIC) reported its Q3 earnings results on Wednesday, August 3, 2022 at 08:05 PM.
Here's what investors need to know about the announcement.
Companies Reporting Before The Bell
• Seres Therapeutics (NASDAQ:MCRB) is estimated to report quarterly loss at $0.52 per share on revenue of $8.48 million.