Original:
Dec 23, 2020
Stocks traded higher Wednesday even after President Donald Trump criticized the $900 billion bipartisan coronavirus relief package just passed by Congress and demanded higher direct payments to most Americans.
The Dow gained 258 points, or 0.86%, to 30,273, the S&P 500 rose 0.58% and the Nasdaq was up 0.14%.
Here are the worst stocks in the Nasdaq on Wednesday by their performance in percentage change at the close of trading on Dec. 23.
1. Zoom Video | Decreased -6.17%
Earlier this month, shares of Zoom Video Communications (
2. Mercadolibre Inc | Decreased -3.63%
Mecradolibre Inc. MELI reported its third quarter of 2020 financial results in November, posting a net income of $49.7 million.
Good day, everyone and welcome to the Cintas Quarterly Earnings Results Conference Call. [Operator Instructions]
At this time, I would like to turn the call over to Mr. Paul Adler, Vice President, Treasurer and Investor Relations. Please go ahead, sir.
Paul F. Adler
Vice President, Treasurer and Investor Relations
Thank you, and thank you everyone for joining us. With me today is Scott Farmer, Cintas Chairman of the Board and Chief Executive Officer; Todd Schneider, Executive Vice President and Chief Operating Officer; and Mike Hansen, Executive Vice President and Chief Financial Officer. We will discuss our second quarter results for fiscal 2021. After our commentary, we will be happy to answer questions.
Food safety revenue came in 1% higher on a year over year basis.
Neogen Corporation is close to 30% up year to date in the stock market.
Neogen Corp. (NASDAQ: NEOG) said on Tuesday that its earnings and revenue were lower than analysts’ estimates in the fiscal second quarter. The company attributed its dovish performance in Q2 somewhat to the ongoing COVID-19 crisis that has so far infected more than 18 million people in the United States and caused over 327 thousand deaths.
Neogen Corp slid over 7% in premarket trading on Tuesday but regained the entire intraday loss on market open. On a year-to-date basis, the stock is now just under 30% up after a 50% recovery since mid-March. Learn more about why do prices rise and fall in the stock market.
The American company reports £213.38 million of net income.
Cintas refrains from giving guidance for the future on Tuesday.
Cintas Corp. (NASDAQ: CTAS) published its earnings report for the fiscal second quarter on Tuesday that came in better than what analysts had anticipated, despite the ongoing Coronavirus pandemic that has so far infected more than 18 million people in the United States and caused over 327 thousand deaths.
Cintas Corp was reported more than 2% down in premarket trading on Tuesday. The U.S. company, however, regained the entire intraday loss a few hours after the market open. Including the price action, Cintas shares, that you can learn to buy online here, are now trading at £260.21 per share versus £202.81 per share at the start of the year. The stock had tumbled to a low £117.63 per share in March.
Cintas stock gains after profit, revenue beat expectations marketwatch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketwatch.com Daily Mail and Mail on Sunday newspapers.