Stocks That Hit 52-Week Lows On Friday
During Friday's session, 574 stocks hit new 52-week lows.
Citigroup Maintains Buy on Noah Holdings, Lowers Price Target to $30.5
Citigroup analyst Judy Zhang maintains Noah Holdings (NYSE:NOAH) with a Buy and lowers the price target from $32.1 to $30.5.
Noah Holdings Q2 EPS $0.79 Up From $0.77 YoY, Sales $110.20M Down From $139.30M YoY
Noah Holdings (NYSE:NOAH) reported quarterly earnings of $0.79 per share. This is a 2.6 percent increase over earnings of $0.77 per share from the same period last year. The company reported $110.20 million in sales
Earnings Scheduled For August 22, 2022
Companies Reporting Before The Bell
• Jaguar Health (NASDAQ:JAGX) is estimated to report quarterly loss at $0.22 per share on revenue of $3.10 million.
Why FlexShopper Surged Over 47%; Here Are 104 Biggest Movers From Yesterday
Gainers
Digital Media Solutions, Inc. (NYSE: DMS) jumped 78.8% to close at $2.11. Digital Media Solutions recently reported worse-than-expected Q2 EPS and sales results.
Why Matterport Is Trading Higher By Around 25%, Here Are 73 Stocks Moving In Thursday’s Mid-Day Session
Gainers
Timber Pharmaceuticals, Inc. (NYSE: TMBR) shares rose 63.8% to $0.1769. Timber Pharmaceuticals recently announced closing of $8.0 million public offering.
Disney, Inotiv, Warby Parker And Some Other Big Stocks Moving Higher On Thursday
Absci Corporation (NASDAQ: ABSI) jumped 38.8% to $5.83 after the company reported a narrower Q2 loss.
Wealth Manager Noah Banks on Hong Kong to Revive Fortunes
Key Takeaways:
Noah Holdings was approved for a secondary listing in Hong Kong, offsetting the risk of its shares being ousted from New York
The company posted record profits last year from a super-rich client base, but revenues and profits fell more than 30% in the first quarter in a choppy investment market
By Lau Ming
