MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) shares are trading higher today after the company reported better-than-expected second-quarter adjusted EPS and sales results.
The Hain Celestial Group, Inc. (NASDAQ: HAIN) shares are trading lower after the company reported worse-than-expected second-quarter sales. JP Morgan and Piper Sandler downgraded the stock and lowered their price targets.
U.S. stocks traded lower midway through trading, with the Nasdaq Composite dropping over 150 points on Wednesday.
The Dow traded down 0.27% to 34,063.42 while the NASDAQ fell 1.33% to 11,952.51. The S&P 500 also fell, dropping, 0.80% to 4,130.55.
Bed Bath & Beyond Inc (NASDAQ: BBBY) shares are trading lower by 13.95% to $2.59 during Wednesday's session on continued downward momentum following Monday's short squeeze volatility.
Treace Medical Concepts Inc (NASDAQ: TMCI) shares are trading lower by 8.48% to $21.05 Wednesday morning after the company announced a proposed $100 million common stock offering.
What Happened?
U.S. stocks traded slightly lower this morning, with the Nasdaq Composite dropping around 40 points on Wednesday.
The Dow traded down 0.07% to 34,132.44 while the NASDAQ fell 0.33% to 12,073.74. The S&P 500 also fell, dropping, 0.25% to 4,153.57.
U.S. stock futures traded lower this morning. Here are some big stocks recording gains in today’s pre-market trading session.
Youdao, Inc. (NYSE: DAO) jumped 22.2% to $8.46 in pre-market trading. Youdao is expected to report Q4 financial results on February 23.