Mid-Day Market Update: StoneCo Drops After Q3 Earnings; EyePoint Pharmaceuticals Shares Surge
Midway through trading Wednesday, the Dow traded down 0.51% to 35,958.22 while the NASDAQ rose 0.03% to 15,977.88. The S&P also fell, dropping 0.13% to 4,694.96.
42 Stocks Moving In Wednesday’s Mid-Day Session
Gainers
Sono Group N.V. (NASDAQ: SEV) shares jumped 66% to $24.90 after the company priced its IPO at $15 per share.
StoneCo Late Tuesday Reported Q3 EPS $0.09 Misses $0.12 Estimate, Sales $281.28M Beat $257.51M Estimate
StoneCo (NASDAQ:STNE) reported quarterly earnings of $0.09 per share which missed the analyst consensus estimate of $0.12 by 25 percent. This is a 50 percent decrease over earnings of $0.18 per share from the same period
Earnings Scheduled For November 16, 2021
Companies Reporting Before The Bell
• Ozon Holdings (NASDAQ:OZON) is expected to report quarterly loss at $0.90 per share on revenue of $602.00 million.
‘PagSeguro and StoneCo– Not “seguro” after all’ -Report From Short Seller Viceroy Research
https://viceroyresearch.org/2021/10/27/pagseguro-and-stoneco-not-seguro-after-all/
Cathie Wood’s ARK Invest Posts Fund Purchases For Monday, Sept. 27, 2021: HOOD, PD, TWOU, NVTA, SGFY, DNA, TRMB, PATH, DDD, ACHR, COIN, LPSN, PTON, GENI, BEAM, MASS, QSI, STNE, Z, DKNG, AVAV, PRNT
Robinhood Markets (HOOD) - 298,878
PagerDuty (PD) - 99,400
2U (TWOU) - 101,900
Invitae (NVTA) - 83,000
Signify Health (SGFY) - 123,857
Ginkgo Bioworks