Stocks That Hit 52-Week Lows On Friday
On Friday morning, 155 companies achieved new lows for the year.
Arco Platform: Q2 Earnings Insights
Shares of Arco Platform (NASDAQ:ARCE) moved higher by 0.6% in after-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share fell 36.84% year over year to $0.12, which missed the estimate of $0.46.
Earnings Scheduled For August 19, 2021
Companies Reporting Before The Bell
• Bilibili (NASDAQ:BILI) is likely to report quarterly loss at $2.86 per share on revenue of $658.78 million.
10 Biggest Price Target Changes For Friday
Piper Sandler raised Adobe Inc. (NASDAQ: ADBE) price target from $570 to $600. Adobe shares rose 3.3% to $569.50 in pre-market trading.
Itau BBA Upgrades Arco Platform to Outperform, Lowers Price Target to $47
Itau BBA analyst Gustavo Miele upgrades Arco Platform (NASDAQ:ARCE) from Market Perform to Outperform and lowers the price target from $57 to $47.
Earnings Scheduled For May 24, 2021
Companies Reporting Before The Bell
• Genetron Holdings (NASDAQ:GTH) is expected to report quarterly loss at $0.18 per share on revenue of $14.21 million.