58 Biggest Movers From Friday
Gainers
Hagerty, Inc. (NYSE: HGTY) shares jumped 46.5% to close at $15.62.
TuanChe Limited (NASDAQ: TC) gained 44.7% to settle at $3.30.
41 Stocks Moving In Friday’s Mid-Day Session
Gainers
IO Biotech, Inc. (NASDAQ: IOBT) jumped 42% to $11.74. The company, last month, priced its IPO at $14 per share.
Why Smith & Wesson Shares Are Diving Today
Smith & Wesson Brands Inc (NASDAQ: SWBI) is trading lower Friday after the company announced worse-than-expected fiscal second-quarter 2022 financial results.
Smith & Wesson Brands’s Return on Invested Capital Insights
According to Benzinga Pro, during Q2, Smith & Wesson Brands (NASDAQ:SWBI) earned $65.39 million, a 34.53% increase from the preceding quarter. Smith & Wesson Brands's sales decreased to $230.48 million, a 16.07% change since Q1.
Cowen & Co. Downgrades Smith & Wesson Brands to Market Perform, Lowers Price Target to $22
Cowen & Co. downgrades Smith & Wesson Brands (NASDAQ:SWBI) from Outperform to Market Perform and lowers the price target from $38 to $22.
Smith & Wesson Brands: Q2 Earnings Insights
Smith & Wesson Brands (NASDAQ:SWBI) reported its Q2 earnings results on Thursday, December 2, 2021 at 04:05 PM.
Here's what investors need to know about the announcement.