As of Jan. 31, 2024, five stocks in the energy sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
Companies Reporting Before The Bell
• AudioCodes (NASDAQ:AUDC) is estimated to report quarterly earnings at $0.18 per share on revenue of $61.52 million.
U.S. stocks traded mixed this morning, with the Dow Jones gaining over 30 points on Friday.
Following the market opening Friday, the Dow traded up 0.11% to 33,346.08 while the NASDAQ fell 0.17% to 12,307.19. The S&P 500, also rose, gaining, 0.04% to 4,132.27.
Companies Reporting Before The Bell
• Takeda Pharmaceutical (NYSE:TAK) is likely to report earnings for its fourth quarter.
• Exela Technologies (NASDAQ:XELA) is expected to report earnings for its first quarter.