Gainers
China Index Holdings (NASDAQ:CIH) stock moved upwards by 17.0% to $1.17 during Wednesday's regular session. The market value of their outstanding shares is at $105.7 million.
Gainers
American Superconductor (NASDAQ:AMSC) stock moved upwards by 2.4% to $11.01 during Wednesday's after-market session. The market value of their outstanding shares is at $312.6 million.
Understanding Value Stocks
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.