Ring Energy (AMEX:REI) reported quarterly earnings of $0.13 per share which missed the analyst consensus estimate of $0.16 by 18.75 percent. This is a 30 percent increase over earnings of $0.10 per share from the same period last year. The company reported quarterly sales of $99.70 trillion which beat the analyst consensus estimate of $88.00 million by 113.29M percent. This is a 167.09M percent increase over sales of $59.67 million the same period last year.
Why iQIYI Stock Is Nosediving
iQIYI Inc - ADR (NASDAQ: IQ) shares are trading lower by 12.78% to $5.84 during Tuesday's trading session after the company announced a proposed offering of 76.5 million American Depositary Shares, priced at $5.90 per share.
