Stocks That Hit 52-Week Lows On Wednesday
On Wednesday morning, 67 companies achieved new lows for the year.
What’s Up With Poshmark Stock Hitting A New All-Time Low?
Poshmark Inc (NASDAQ: POSH) shares were trading lower by 7.1% at $30.65 Wednesday morning after the company reported third-quarter earnings results and issued third-quarter guidance.
Raymond James Maintains Outperform on Poshmark, Lowers Price Target to $49
Raymond James analyst Aaron Kessler maintains Poshmark (NASDAQ:POSH) with a Outperform and lowers the price target from $58 to $49.
22 Stocks Moving in Wednesday’s Pre-Market Session
Gainers
CohBar, Inc. (NASDAQ: CWBR) shares rose 78.3% to $2.30 in pre-market trading after the company reported results from the Phase 1a/1b study of CB4211 under development for NASH and obesity met its primary endpoint. The company also released Q2 results.
Poshmark Q2 EPS $(0.04) Beats $(0.07) Estimate, Sales $81.80M Beat $80.29M Estimate
Poshmark (NASDAQ:POSH) reported quarterly losses of $(0.04) per share which beat the analyst consensus estimate of $(0.07) by 42.86 percent. The company reported quarterly sales of $81.80 million which beat the analyst
Analyzing Poshmark’s Unusual Options Activity
On Tuesday, shares of Poshmark (NASDAQ:POSH) saw unusual options activity. After the option alert, the stock price moved down to $33.94.
10 Consumer Discretionary Stocks Showing Unusual Options Activity In Today’s Session
This unusual options alert can help traders discover the next big trading opportunities. Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. Unusual trading activity could push option prices to exaggerated or underestimated levels.
Earnings Scheduled For August 10, 2021
Companies Reporting Before The Bell
• Nautilus Biotechnology (NASDAQ:NAUT) is expected to report earnings for its second quarter.
Poshmark Shares Move Higher; Co Announces India Expansion As Part Of Continued Focus On New Market Opportunities
Poshmark, Inc. (NASDAQ: POSH), a leading social marketplace for new and secondhand style for women, men, kids, pets, home and more, today announced plans to bring its simple, social, and sustainable shopping experiencePoshmark, Inc.