Guild Holdings (NYSE:GHLD) reported quarterly sales of $134.30 million which missed the analyst consensus estimate of $154.92 million by 13.31 percent. This is a 60.85 percent decrease over sales of $343.06 million the same period last year.
Investor Optimism Improves Following Powell’s Speech
The CNN Money Fear and Greed index showed some improvement in overall sentiment in U.S. investors on Friday.
U.S. stocks closed higher on Friday following Federal Reserve Chair Jerome Powell’s remarks at the Jackson Hole Symposium. Powell signified the Fed’s readiness to raise interest rates if deemed suitable.
