Mid-Day Market Update: Dow Tumbles Over 800 Points; DLocal Shares Surge
U.S. stocks traded lower midway through trading, with the Dow Jones dropping more than 800 points on Wednesday.
Mid-Morning Market Update: Markets Open Lower; Target Earnings Miss Views
U.S. stocks traded lower this morning, with the Dow Jones dropping more than 400 points on Wednesday.
20 Stocks Moving in Wednesday’s Pre-Market Session
Gainers
Decisionpoint Systems, Inc. (NASDAQ: DPSI) rose 47.2% to $7.02 in pre-market trading after jumping around 19% on Tuesday. DecisionPoint Systems recently reported first-quarter FY22 revenue growth of 22.7% year-on-year to $19.7 million.
Dlocal Stock Surges Afterhours Post Q1 Results, Revenue Beat
Dlocal Ltd (NASDAQ: DLO) reported first-quarter revenue growth of 117% year-over-year to $87.5 million, beating the consensus of $82.79 million.
Earnings Scheduled For May 17, 2022
Companies Reporting Before The Bell
• On Holding (NYSE:ONON) is likely to report earnings for its first quarter.
110 Biggest Movers From Friday
Gainers
ShiftPixy, Inc. (NASDAQ: PIXY) shares jumped 154.9% to close at $0.51. ShiftPixy reported board approval special dividend to shareholders in form of common shares of Industrial Human Capital.
Stocks That Hit 52-Week Lows On Wednesday
On Wednesday, 807 companies reached new 52-week lows.