Gainers
Rani Therapeutics Holdings, Inc. (NASDAQ: RANI) shares jumped 50.5% to close at $20.74 on Wednesday. The company, last month, priced its IPO at $11 per share.
Perrigo Co (NYSE:PRGO) reported quarterly earnings of $0.50 per share which missed the analyst consensus estimate of $0.62 by 19.35 percent. This is a 51.46 percent decrease over earnings of $1.03 per share from the same
With over 87% of S&P 500 companies already having beaten revenue and profit expectations, we're in for another round of Q2 corporate earnings, along with key jobs and inflation data.
Perrigo Co (NYSE:PRGO) posted Q1 earnings of $51.40 million, an increase from Q4 of 198.47%. Sales dropped to $1.01 billion, a 21.71% decrease between quarters. Perrigo Co collected $1.29 billion in revenue during Q4, but reported earnings showed a $52.20 million loss.