Mid-Day Market Update: Everspin Jumps After Q3 Results; Acutus Medical Shares Plummet
Midway through trading Friday, the Dow traded up 0.31% to 36,031.95 while the NASDAQ rose 0.54% to 15,788.64. The S&P also rose, gaining 0.43% to 4,669.15.
MediaAlpha Q3 EPS $(0.10) Misses $0.01 Estimate, Sales $152.75M Miss $161.79M Estimate
MediaAlpha (NYSE:MAX) reported quarterly losses of $(0.10) per share which missed the analyst consensus estimate of $0.01 by 1100 percent. This is a 152.63 percent decrease over earnings of $0.19 per share from the same
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.
36 Biggest Movers From Yesterday
Gainers
Bit Digital, Inc. (NASDAQ: BTBT) shares climbed 36.4% to settle at $10.35 on Tuesday amid an increase in the price of Bitcoin and Ethereum.
Stocks That Hit 52-Week Lows On Thursday
Thursday morning, 173 companies reached new 52-week lows.
RBC Capital Maintains Outperform on MediaAlpha, Lowers Price Target to $41
RBC Capital analyst Frank Morgan maintains MediaAlpha (NYSE:MAX) with a Outperform and lowers the price target from $65 to $41.
Wolfe Research Initiates Coverage On MediaAlpha with Peer Perform Rating, Announces Price Target of $30
Wolfe Research analyst Michael Zaremski initiates coverage on MediaAlpha (NYSE:MAX) with a Peer Perform rating and announces Price Target of $30.