U.S. stocks closed higher with the Dow Jones gaining more than 300 points on Thursday. Here is the list of some big stocks recording gains in the previous session.
Companies Reporting Before The Bell
• Calliditas Therapeutics (NASDAQ:CALT) is expected to report quarterly loss at $1.00 per share on revenue of $7.50 million.
Key Takeaways:
Qudian has announced a $200 million share buyback plan, extending a recent series of buying of its own stock
Aggressive share purchasing comes as Qudian dramatically scales back its original consumer lending business and searches for a new business model
By Doug Young
What Defines 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.
360 Finance (NASDAQ:QFIN) reported quarterly sales of $681.50 million which beat the analyst consensus estimate of $650.16 million by 4.82 percent. This is a 24.06 percent increase over sales of $549.35 million the same
Companies Reporting Before The Bell
• Elbit Systems (NASDAQ:ESLT) is estimated to report quarterly earnings at $1.89 per share on revenue of $1.26 billion.
360 DigiTech Provides Update on the Status Under Holding Foreign Companies Accountable Act
SHANGHAI, China, May 05, 2022 (GLOBE NEWSWIRE) -- 360 DigiTech, Inc. (QFIN) ("360 DigiTech" or the
Gainers
Akso Health Group (NASDAQ:AHG) stock moved upwards by 8.6% to $1.64 during Wednesday's after-market session. The market value of their outstanding shares is at $39.0 million.