Market Momentum Overview
As U.S. stock futures point south on this fine Monday morning, the spotlight shifts to several potential showstoppers for the day:
Dada Nexus: Earnings Report Expectations
Cues suggest that Dada Nexus Limited may reveal earnings of 9 cents per share alongside revenues totaling $432.74 million post-market close today. Market junkies are primed for this unveiling of financial prowess, which can send ripples across the investment horizon. Dada Nexus saw its shares edging up by a modest 0.9% to $2.33 during after-hours trading.
Salarius Pharmaceuticals’ Financial Performance
Salarius Pharmaceuticals, Inc. unveiled a net loss of $0.9 million or 22 cents per share for the fourth quarter, a tightened margin compared to its previous year’s loss of $6.4 million or $2.83 per share. Riding high on this positive delta, Salarius Pharmaceuticals shares soared an astonishing 50.6% to $0.9335 during the after-hours hustle and bustle.
LightInTheBox Holding Co., Ltd.: Unaudited Financial Fireworks
LightInTheBox Holding Co., Ltd. is set to uncloak its unaudited financial finery for the fourth quarter as soon as the opening bell chimes in on Monday. With shares putting on a 4.9% rally to close at $0.7929 on Friday’s finale, anticipation is electric amongst eager market spectators.
Masimo Corporation: Business Divorce Drama
The brass at Masimo Corporation stirred the pot by greenlighting an assessment of a proposed split of its consumer segment during Friday’s after-hours drama. Bolstering this news, the company vowed to stick to its first-quarter and FY24 outlook, which sent Masimo shares soaring a whopping 13.9% to $153.65 in the after-hours labor of love.
Westport Fuel Systems Inc.’s Forecast Frenzy
Prognosticators foresee Westport Fuel Systems Inc. unveiling a quarterly deficit pegged at 51 cents per share on revenue totaling $86.49 million following the day’s closing ceremonies. Westport Fuel shares, however, tumbled down a slippery slope by 7.1% to a resting place at $5.85 during the after-hours fracas.
