40 Stocks Moving in Wednesday’s Pre-Market Session
Gainers
Fangdd Network Group Ltd. (NASDAQ: DUO) rose 57.1% to $0.4198 in pre-market trading.
CLSA Downgrades Futu Holdings to Underperform, Lowers Price Target to $27
CLSA downgrades Futu Holdings (NASDAQ:FUTU) from Outperform to Underperform and lowers the price target from $64 to $27.
Stocks That Hit 52-Week Lows On Friday
During Friday's session, 198 companies made new 52-week lows.
Why Futu Holdings Shares Are Falling
Futu Holdings Ltd (NASDAQ: FUTU) shares are trading lower by 11.7% at $24.91 after the company reported fourth-quarter earnings results.
Futu Holdings missed estimated earnings by 57.14%, reporting EPS of 45 cents versus the analyst consensus estimate of $1.05.
Earnings Scheduled For March 11, 2022
Companies Reporting Before The Bell
• The Real Good Food (NASDAQ:RGF) is estimated to report quarterly loss at $0.19 per share on revenue of $25.29 million.
Chinese Stocks Down ~2-3% Thursday; Western Media Thursday Morning Highlights Chinese Stance On Russian Invasion Could Be Becoming Less Neutral, Highlights Misinformation Being Shared By Chinese State To Chinese Citizens
https://www.cnn.com/2022/03/10/china/china-russia-disinformation-campaign-ukraine-intl-dst-hnk/index.html
