Why Bank of Marin Bancorp Shares Are Trading Lower? Here Are Other Stocks Moving In Monday's Mid-Day Session
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 29 2024
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Source: Benzinga
Bank of Marin Earnings Report: Bank of Marin Bancorp's shares fell 10.8% after reporting quarterly earnings of 6 cents per share, missing the analyst estimate of 18 cents, along with sales of $22.47 million, below the expected $23.39 million.
Stock Movements: Several stocks experienced significant gains, including 2U, Inc. which rose 128%, while Cognition Therapeutics, Inc. saw a sharp decline of 34% following disappointing Phase 2 results for its Alzheimer’s drug.
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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.
