U.S. stocks traded mixed this morning, with the Dow Jones gaining more than 100 points on Friday. Equity markets will close early on Black Friday, the day after Thanksgiving.
LightInTheBox Holding Co Ltd (NYSE:LITB) reported third-quarter FY22 sales growth of 22.6% year-on-year to $121 million, beating the consensus of $78.49…
Companies Reporting Before The Bell
• Neptune Wellness Solns (NASDAQ:NEPT) is expected to report quarterly loss at $1.23 per share on revenue of $9.49 million.
LightInTheBox Holding (NYSE:LITB) reported quarterly sales of $121.00 million which beat the analyst consensus estimate of $78.49 million by 54.16 percent. This is a 22.59 percent increase over sales of $98.70 million
The CNN Money Fear and Greed index showed an improvement in overall market sentiment after US stocks closed higher for second straight day.
Minutes from the Fed’s meeting indicated that the central bank is looking to slow the pace of interest rate increases. Earlier in November, the Fed raised rates by 75 bps for fourth time in a row.