Mid-Afternoon Market Update: US Stocks Turns Lower In Volatile Trading; Nasdaq Tumbles 150 Points
US stocks turned lower in another volatile trading session on Thursday despite stronger-than-expected GDP data. The country’s economy grew 6.9% on quarter during the last three months of previous year, up from 2.3% expansion in the prior quarter and also above market estimates of 5.5%.
Mid-Day Market Update: Dow Jumps Over 500 Points; Seagate Shares Surge On Upbeat Results
The Dow Jones extended gains, surging by more than 500 points. The country’s economy grew 6.9% on quarter during the last three months of previous year, up from 2.3% expansion in the prior quarter and also above market estimates of 5.5%.
46 Stocks Moving In Thursday’s Mid-Day Session
Gainers
Indonesia Energy Corporation Limited (NASDAQ: INDO) shares jumped 158.2% to $7.23 after tumbling 18% on Wednesday. Indonesia Energy said it projects to commence drilling of 2 back-to-back new wells within 30 days and a third by mid-year.
1-800-Flowers.Com Stock Plummets On Q2 Earnings Miss, FY22 Outlook Cut
1-800-Flowers.Com Inc (NASDAQ:FLWS) reported second-quarter FY22 sales growth of 7.5% year-on-year, to $943.04 million, missing the analyst consensus of $976.63 million.…
1-800-Flowers.com Q2 EPS $1.34 Misses $1.79 Estimate, Sales $943.00M Miss $976.63M Estimate
1-800-Flowers.com (NASDAQ:FLWS) reported quarterly earnings of $1.34 per share which missed the analyst consensus estimate of $1.79 by 25.14 percent. This is a 22.09 percent decrease over earnings of $1.72 per share from
1-800-Flowers.com Q1 Adj. EPS $(0.20) Beats $(0.25) Estimate, Sales $309.40M Beat $295.58M Estimate
1-800-Flowers.com (NASDAQ:FLWS) reported quarterly losses of $(0.20) per share which beat the analyst consensus estimate of $(0.25) by 20 percent. This is a 100 percent decrease over losses of $(0.10) per share from the
Earnings Scheduled For October 28, 2021
Companies Reporting Before The Bell
• LendingTree (NASDAQ:TREE) is estimated to report quarterly earnings at $0.57 per share on revenue of $292.63 million.