Mid-Day Market Update: Nasdaq Down 2%; Biophytis Shares Spike Higher
US stocks traded lower after Meta Platforms, Inc. (NASDAQ: FB) reported weaker-than-expected earnings for its fourth quarter and issued a weak forecast.
32 Stocks Moving In Thursday’s Mid-Day Session
Gainers
Bon Natural Life Limited (NASDAQ: BON) climbed 24.2% to $4.11 following FY21 results. Bon Natural Life reported FY21 earnings of $0.68 per share on sales of $25.5 million.
Mid-Morning Market Update: US Stocks Open Lower After Disappointing Earnings From Meta Platforms
US stocks opened on a weak note this morning after Meta Platforms, Inc. (NASDAQ: FB) reported weaker-than-expected earnings for its fourth quarter and issued a weak forecast.
Earnings Scheduled For February 3, 2022
Companies Reporting Before The Bell
• Tuesday Morning (NASDAQ:TUEM) is likely to report earnings for its second quarter.
What Does Resolute Forest Products Debt Look Like?
Over the past three months, shares of Resolute Forest Products (NYSE:RFP) moved higher by 15.02%. Before having a look at the importance of debt, let us look at how much debt Resolute Forest Products has.
CIBC Upgrades Resolute Forest Products to Outperformer, Raises Price Target to $19
CIBC analyst Hamir Patel upgrades Resolute Forest Products (NYSE:RFP) from Neutral to Outperformer and raises the price target from $14 to $19.
Resolute Announces Share Repurchase Program Of Up To $100M Or 10M Shares
Resolute Forest Products Inc. (NYSE: RFP) (TSX: RFP) today announced that its board of directors authorized the repurchase of up to $100 million or 10 million of the company's common shares,
RBC Capital Maintains Outperform on Resolute Forest Products, Lowers Price Target to $16
RBC Capital analyst Paul Quinn maintains Resolute Forest Products (NYSE:RFP) with a Outperform and lowers the price target from $18 to $16.
Resolute Forest Products Q3 EPS $0.99 Misses $1.16 Estimate, Sales $817.00M Miss $1.10B Estimate
Resolute Forest Products (NYSE:RFP) reported quarterly earnings of $0.99 per share which missed the analyst consensus estimate of $1.16 by 14.66 percent. This is a 37.5 percent increase over earnings of $0.72 per share