PriceSmart Posts Weak Earnings, Joins Roku And Other Big Stocks Moving Lower In Friday's Pre-Market Session
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 10 2025
0mins
Source: Benzinga
U.S. Stock Market Overview: U.S. stock futures are slightly lower, with Dow futures down about 0.1%, while several companies, including PriceSmart and Mercury General Corporation, experienced significant declines in pre-market trading due to disappointing earnings reports.
Notable Stock Movements: PriceSmart shares fell 3.3% after missing EPS estimates, while other stocks like Mercury General and Vinci Partners saw drops of 30.1% and 15.5%, respectively, indicating a challenging market environment for these companies.
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About NWG
NatWest Group plc is a United Kingdom-based banking company. The Company serves customers in England and Wales, supporting them with their personal, private, and business banking needs. It also offers businesses specialist sector knowledge in areas such as sustainable energy, commercial property and technology, as well as access to specialist entrepreneurial support. Its segments include Retail Banking, Private Banking, Commercial & Institutional, and Central items & other. The Retail Banking segment serves personal customers in the United Kingdom, including Ulster Bank customers in Northern Ireland. The Private Banking segment serves United Kingdom-connected high-net-worth individuals and their business interests. The Commercial & Institutional segment consists of customer businesses reported under business banking, commercial mid-market and corporate & institutions, supporting its customers across the full non-personal customer lifecycle, both domestically and internationally.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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See More
