Mid-Morning Market Update: Markets Open Lower; U.S. Producer Prices Rise 0.5% In April
U.S. stocks traded lower this morning, with the Dow Jones dropping more than 200 points on Thursday.
Earnings Scheduled For May 11, 2022
Companies Reporting Before The Bell
• Great Elm Capital (NASDAQ:GECC) is expected to report earnings for its first quarter.
SunOpta Opens New Headquarters In Minnesota
SunOpta Inc (NASDAQ:STKL) has unveiled its new 65,000 square-foot global headquarters and eco-powered innovation center in Eden Prairie, Minnesota. The space,…
‘$STKL launching its SOWN #oat #milk more into retail distribution, expect over 3,500 locations by year end. Adding a new flavor to SKU and will have 4 choices. Negative $OTLY’ -Tweet From Short Seller Spruce Point Captail
https://twitter.com/sprucepointcap/status/1458443988944424963
SunOpta Q3 EPS $0.01, Inline, Sales $198.50M Miss $207.03M Estimate
SunOpta (NASDAQ:STKL) reported quarterly earnings of $0.01 per share which met the analyst consensus estimate. This is a 200 percent increase over losses of $(0.01) per share from the same period last year. The company
Earnings Scheduled For November 10, 2021
Companies Reporting Before The Bell
• LumiraDx (NASDAQ:LMDX) is projected to report quarterly loss at $0.24 per share on revenue of $94.32 million.
SunOpta Shares Move Higher; Traders Circulate TipRanks Report Titled ‘3 “Strong Buy” Stocks Under $10 That Are Poised to Break Out;’ Article Also Mentions AcuityAds Holdings And AvePoint
https://www.tipranks.com/news/article/3-strong-buy-stocks-under-10-that-are-poised-to-break-out-2/
Cowen & Co. Initiates Coverage On SunOpta with Outperform Rating, Announces Price Target of $15
Cowen & Co. analyst Brian Holland initiates coverage on SunOpta (NASDAQ:STKL) with a Outperform rating and announces Price Target of $15.
66 Biggest Movers From Yesterday
Gainers
Rani Therapeutics Holdings, Inc. (NASDAQ: RANI) shares jumped 50.5% to close at $20.74 on Wednesday. The company, last month, priced its IPO at $11 per share.