- Hain Celestial was the biggest decliner yesterday after giving up 10.28% As things stand, Jack Henry & Associates (down 9.32%) and Playtika (down 2.94%) are underperforming today
- European markets are up as CAC climbs to 7,214.65 (up 1.33%).
Before today's session: leading equity indices in the US declined as Nasdaq shed 1.68% and closed at 11,900. S&P 500 closed at 4,118, a 1.11% change.
US markets are currently closed but will resume today in around a hour time. European session in progress; markets are rising as CAC climbs to 7,214.65 (up 1.33%).
Yum! Brands Inc and Everest Re Group Ltd have released their earnings reports with Digital Realty Trust Inc and Watsco, Inc. are set to publish their respective reports as scheduled.
Market's down-tick coincides with some negative macro data published earlier as data from United States concerning Crude Oil Inventories was released yesterday at 15:30 UTC. Newly published figures emphasized continued decline from last month's figure of 4.14 million to 2.42 million this month.
While price action maintains a negative bias, United States 10-Year Note Auction released yesterday at 18:01 UTC with a figure of 3.613, while the previous figure was 3.575. United States Cushing Crude Oil Inventories released yesterday at 15:30 UTC with a figure of 1 million, while the previous figure was 2.31 million.
With markets struggling for positive sentiment, upcoming macro data could potentially attract buyers in the market as United States Initial Jobless Claims projected to decline to 190,000 while previous data was 183,000; data will be released today at 13:30 UTC.
Yesterday's bearishness meant that Hain Celestial lost 10.28% yesterday before closing at $19. As things stand, Jack Henry & Associates (down 9.32%), Playtika (down 2.94%) are also underperforming today.
Hain Celestial | Currently down 10.28% at $19
- The US natural food supplier is now trading 37.93% above the significant low ($15.37) it slumped to a month ago.
- Hain Celestial's bearish run has lasted 5 days so far (-82 cents).
The US natural food supplier is up 37.93% from the significant low of $15.37 it hit a month ago. The company is currently trading with a market cap of $1.70 billion with an average daily trading volume of 1 million shares.
Hain Celestial reported inconclusive earnings results Tuesday, with revenue at $454.21 million, compared to a consensus of $459.14 million. Since the publication of its earnings report, Hain Celestial has declined 10.03%.
Playtika | Closed down 2.94% at $10.24 yesterday
An influx of sellers pushed the mobile casino game developer to end the session lower around $10.24, while establishing a $10.18 to $10.69 session range yesterday. The day's trading volume totalled 570,024 shares — lower than the 21-day average of 910,679.