S&P 500 Index (SP500) Monica L. Correa,
16 of the 21 companies that announced their results yesterday saw share prices decline.
Although Peloton (PTON) and Zoom Video Communications (ZM) recovered to close up 35.42% and 12.97%, respectively, 16 other reporting companies posted a median decline of 5%.
Additionally, five of the 21 reporting companies missed EPS estimates, including (VIK), (LANC), (CSIQ), (AAP) and (WOLF).
Here are the daily movements after the earnings reports were released:
Stock prices fall:
- Weibo Corp. (WB) – Full day decline: -1.52%
- Viking Holdings Ltd (VIK) – Full day decline: -8.84%
- The Toronto-Dominion Bank (TD) – Full day decline: -2.19%
- NetEase Inc. (NTES) – Full Day Decline: -11.17%
- Lancaster Colony Corp. (LANC) – Full Day Decline: -12.33%
- BJ’s Wholesale Club Holdings Inc. (BJ) – down on the day: -6.80%
- Bilibili Inc. (BILI) – Full Day Decline: -7.56%
- Baidu Inc. (BIDU) – Full day decline: -4.40%
- Williams-Sonoma Inc. (WSM) – Full day decline: -9.28%
- Canadian Solar Inc. (CSIQ) – down during the day: -15.66%
- Advance Auto Parts Inc. (AAP) – Full Day Decline: -17.47%
- Urban Outfitters Inc. (URBN) – Full Day Decline: -9.57%
- Snowflake Inc. (SNOW) – All day decline: -14.70%
- Zuora Inc. (ZUO) – All day decline: -0.12%
- Wolfspeed Inc. (WOLF) – Full day decline: -5.03%
- Synopsys Inc. (SNPS) – Full day decline: -2.94%
Stocks rise:
- OSI Systems Inc. (OSIS) – up 6.68% during the day
- Peloton Interactive Inc. (PTON) – up 35.42% during the day
- Zoom Video Communications Inc. (ZM) – up 12.97% during the day
- Nordson Corp. (NDSN) – up 3.33% during the day
- Agilent Technologies Inc. (A) – up 0.16% during the day