Today's Stock Market News & Events: 2/23/2022 - Schaeffer's Investment Research (2024)

Today there will be a lull onWednesday with nothing on the calendar.

The following public companies are slated to release corporate earnings today, February 23:

Avanos Medical Inc. (NYSE:AVNS -- $29.51) operates as a medical technology company that focuses on delivering medical device solutions to improve patients' quality of life in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. Avanos Medical will report its Q4 earnings of 2021 before the open today.

Bausch Health Companies Inc. (NYSE:BHS -- $23.61) develops, manufactures, and markets a range of pharmaceutical, medical device, and over-the-counter (OTC) products primarily in the therapeutic areas of eye health, gastroenterology, and dermatology. Bausch Health will report its Q4 earnings of 2021 before the open today.

The Brinks Co. (NYSE:BCO -- $68.57) provides secure transportation, cash management, and other security-related services in North America, Latin America, Europe, and internationally. Brinks will report its Q4 earnings of 2021 before the open today.

Dana Inc. (NYSE:DAN -- $21.53) provides power-conveyance and energy-management solutions for vehicles and machinery in North America, Europe, South America, and the Asia Pacific. Dana will report its Q4 earnings of 2021 before the open today.

Entergy Corp. (NYSE:ETR -- $104.51) engages in the production and distribution of electricity in the United States. Entergy will report its Q4 earnings of 2021 before the open today.

Fresh Del Monte Produce Inc. (NYSE:FDP -- $28.16) produces, markets, and distributes fresh and fresh-cut fruits and vegetables in North America, Europe, the Middle East, Africa, Asia, and internationally. Fresh Del Monte will report its Q4 earnings of 2021 before the open today.

Gibraltar Industries Inc. (NASDAQ:ROCK -- $49.01) manufactures and distributes building products for the renewable energy, conservation, residential, and infrastructure markets in North America and Asia. Gibraltar Industries will report its Q4 earnings of 2021 before the open today.

Gildan Activewear Inc. (NYSE:GIL -- $38.39) manufactures and sells various apparel products in the United States, Canada, and internationally. Gildan Activewear will report its Q4 earnings of 2021 before the open today.

HollyFrontier Corp. (NYSE:HFC -- $34.44) operates as an independent petroleum refiner in the United States. HollyFrontier will report its Q4 earnings of 2021 before the open today.

Integra LifeSciences Holdings Corp. (NASDAQ:IART -- $65.38) develops, manufactures, and markets surgical implants and medical instruments for use in neurosurgery, extremity reconstruction, orthopedics, and general surgery. Integra will report its Q4 earnings of 2021 before the open today.

Jack In The Box Inc. (NASDAQ:JACK -- $88.73) operates and franchises Jack in the Box quick-service restaurants. Jack In The Box will report its Q4 earnings of 2021 before the open today.

Koppers Holdings Inc. (NYSE:KOP -- $27.45) provides treated wood products, wood treatment chemicals, and carbon compounds in the United States, Australasia, Europe, and internationally. Koppers Holdings will report its Q4 earnings of 2021 before the open today.

Lowe's Companies Inc. (NYSE:LOW -- $214.59) operates as a home improvement retailer in the United States and internationally. Lowe's will report its Q4 earnings of 2021 before the open today.

Monday.com Ltd. (NYSE:MNDY -- $177.51) develops software applications in the United States, Europe, the Middle East, Africa, and internationally. Monday.com will report its Q4 earnings of 2021 before the open today.

NeoGenomics Inc. (NASDAQ:NEO -- $18.72) operates a network of cancer-focused testing laboratories in the United States, Europe, and Asia. NeoGenomics will report its Q4 earnings of 2021 before the open today.

Overstock.com Inc. (NASDAQ:OSTK -- $36.45) operates as an online retailer in the United States. Overstock.com will report its Q4 earnings of 2021 before the open today.

Owens & Minor Inc. (NYSE:OMI -- $36.48) operates as a healthcare solutions company in the United States and internationally. Owens & Minor will report its Q4 earnings of 2021 before the open today.

Parsons Corp. (NYSE:PSN -- $33.10) provides technology based solutions in the defense, intelligence, and critical infrastructure markets in North America, the Middle East, and internationally. Parsons will report its Q4 earnings of 2021 before the open today.

Photronics Inc. (NASDAQ:PLAB -- $18.57) operates as a company that does things. Photronics will report its Q4 earnings of 2021 before the open today.

Riskified Ltd. (NYSE:RSKD -- $6.65) operates an e-commerce risk management platform that allows online merchants to create trusted relationships with their consumers in the United States, Europe, the Middle East, Africa, and internationally. Riskified will report its Q4 earnings of 2021 before the open today.

Sapiens International Corp. N.V. (NASDAQ:SPNS -- $28.68) provides software solutions for the insurance and financial services industries in North America, Europe, the Asia Pacific, and South Africa. Sapiens International will report its Q4 earnings of 2021 before the open today.

Sinclair Broadcast Group Inc. (NASDAQ:SBGI -- $26.88) operates as a diversified television media company in the United States. Sinclair Broadcast will report its Q4 earnings of 2021 before the open today.

Stratasys Ltd. (NASDAQ:SSYS -- $24.67) provides connected and polymer-based 3D printing solutions. Stratasys will report its Q4 earnings of 2021 before the open today.

The TJX Companies Inc. (NYSE:TJX -- $65.25) operates as an off-price apparel and home fashions retailer. TJX will report its Q4 earnings of 2021 before the open today.

Travel + Leisure Co. (NYSE:TNL -- $58.59) provides hospitality services and products in the United States and internationally. Travel + Leisure will report its Q4 earnings of 2021 before the open today.

Tupperware Brands Corp. (NYSE:TUP -- $16.50) operates as a consumer products company worldwide. Tupperware will report its Q4 earnings of 2021 before the open today.

Vertiv Holdings Co. (NYSE:VRT -- $19.57) designs, manufactures, and services critical digital infrastructure technologies and life cycle services for data centers, communication networks, and commercial and industrial environments in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. Vertiv will report its Q4 earnings of 2021 before the open today.

Vipshop Holdings Ltd. (NYSE:VIPS -- $9.84) operates as an online discount retailer for various brands in the People's Republic of China. Vipshop will report its Q4 earnings of 2021 before the open today.

Wolverine World Wide Inc. (NYSE:WWW -- $25.19) designs, manufactures, sources, markets, licenses, and distributes footwear, apparel, and accessories in the United States, Europe, the Middle East, Africa, the Asia Pacific, Canada and Latin America. Wolverine will report its Q4 earnings of 2021 before the open today.

1Life Healthcare Inc. (NASDAQ:ONEM -- $9.51) operates a membership-based primary care platform under the One Medical brand. 1Life Healthcare will report its Q4 earnings of 2021 after the close today.

Allbirds Inc. (NASDAQ:BIRD -- $8.57) manufactures and sells footwear and apparel products for men and women. Allbirds will report its Q4 earnings of 2021 after the close today.

Amedisys Inc. (NASDAQ:AMED -- $139.86) provides healthcare services in the United States. Amedisys will report its Q4 earnings of 2021 after the close today.

Arcosa Inc. (NYSE:ACA -- $46.70) provides infrastructure-related products and solutions for the construction, energy, and transportation markets in North America. Arcosa will report its Q4 earnings of 2021 after the close today.

Bandwidth Inc. (NASDAQ:BAND -- $50.73) operates as a cloud-based software-powered communications platform-as-a-service (CPaaS) provider in the United States. Bandwidth will report its Q4 earnings of 2021 after the close today.

BioMarin Pharmaceutical Inc. (NASDAQ:BMRN -- $85.37) develops and commercializes therapies for people with serious and life-threatening rare diseases and medical conditions. BioMarin Pharmaceutical will report its Q4 earnings of 2021 after the close today.

Churchill Downs Inc. (NASDAQ:CHDN -- $214.51) operates as a racing, online wagering, and gaming entertainment company in the United States. Churchill Downs will report its Q4 earnings of 2021 after the close today.

Cross Country Healthcare Inc. (NASDAQ:CCRN -- $20.94) provides talent management and other consultative services for healthcare clients in the United States. Cross Country will report its Q4 earnings of 2021 after the close today.

Curtiss-Wright Corp. (NYSE:CW -- $135.71) designs, manufactures, and overhauls precision components, and engineered products and services primarily to the aerospace, defense, general industrial, and power generation markets worldwide. Curtiss-Wright will report its Q4 earnings of 2021 after the close today.

Datto Holding Corp. (NYSE:MSP -- $25.17) provides cloud-based software and technology solutions for delivery through the managed service provider (MSP) channel to small and medium businesses in the United States and internationally. Datto Holding will report its Q4 earnings of 2021 after the close today.

Encore Capital Group Inc. (NASDAQ:ECPG -- $71.17) provides debt recovery solutions and other related services for consumers across a range of financial assets worldwide. Encore Capital will report its Q4 earnings of 2021 after the close today.

Fidelity National Information Services Inc. (NYSE:FIS -- $95.41) provides technology solutions for merchants, banks, and capital markets firms worldwide. Fidelity National will report its Q4 earnings of 2021 after the close today.

Five9 Inc. (NASDAQ:FIVN -- $114.35) provides cloud software for contact centers in the United States and internationally. Five9 will report its Q4 earnings of 2021 after the close today.

Flowserve Corp. (NYSE:FLS -- $32.21) designs, develops, manufactures, distributes, and services industrial flow management equipment in the United States, Canada, Mexico, the Middle East, Africa, the Asia Pacific, and Europe. Flowserve will report its Q4 earnings of 2021 after the close today.

fuboTV Inc. (NYSE:FUBO -- $8.01) operates a live TV streaming platform for live sports events, news, and entertainment content in the United States and Europe. fuboTV will report its Q4 earnings of 2021 after the close today.

Goosehead Insurance Inc. (NASDAQ:GSHD -- $85.54) operates as a holding company for Goosehead Financial, LLC that provides personal lines insurance agency services in the United States. Goosehead Insurance will report its Q4 earnings of 2021 after the close today.

Guardant Health Inc. (NASDAQ:GH -- $61.91) provides blood tests, data sets, and analytics in the United States and internationally. Guardant Health will report its Q4 earnings of 2021 after the close today.

Hertz Global Holdings Inc. (NASDAQ:HTZ -- $17.96) operates as a vehicle rental company. Hertz Global will report its Q4 earnings of 2021 after the close today.

Hudbay Minerals Inc. (NYSE:HBM -- $7.80) focuses on the discovery, production, and marketing of base and precious metals in North and South America. Hudbay Minerals will report its Q4 earnings of 2021 after the close today.

IMAX Corp. (NYSE:IMAX -- $19.76) operates as an entertainment technology company worldwide. IMAX will report its Q4 earnings of 2021 after the close today.

Inari Medical Inc. (NASDAQ:NARI -- $77.26) focuses on developing products to treat and transform the lives of patients suffering from venous diseases in the United States. Inari will report its Q4 earnings of 2021 after the close today.

Ingevity Corp. (NYSE:NGVT -- $65.51) manufactures and sells specialty chemicals and activated carbon materials in North America, the Asia-Pacific, Europe, the Middle East, Africa, and South America. Ingevity will report its Q4 earnings of 2021 after the close today.

Insulet Corp. (NASDAQ:PODD -- $234.54) develops, manufactures, and sells insulin delivery systems for people with insulin-dependent diabetes. Insulet will report its Q4 earnings of 2021 after the close today.

iRhythm Technologies Inc. (NASDAQ:IRTC -- $111.39) provides ambulatory electrocardiogram (ECG) monitoring products for patients at risk for arrhythmias in the United States. iRhythm will report its Q4 earnings of 2021 after the close today.

Kennedy-Wilson Holdings Inc. (NYSE:KW -- $22.88) operates as a real estate investment company. Kennedy-Wilson will report its Q4 earnings of 2021 after the close today.

Live Nation Entertainment Inc. (NYSE:LYV -- $117.05) operates as a live entertainment company. Live Nation will report its Q4 earnings of 2021 after the close today.

ManTech International Corp. (NASDAQ:MANT -- $78.57) provides technology solutions and services for U.S. defense, intelligence community, and federal civilian agencies worldwide. ManTech will report its Q4 earnings of 2021 after the close today.

Medifast Inc. (NYSE:MED -- $182.86) manufactures and distributes weight loss, weight management, healthy living products, and other consumable health and nutritional products in the United States and the Asia-Pacific. Medifast will report its Q4 earnings of 2021 after the close today.

NetApp Inc. (NASDAQ:NTAP -- $86.12) provides software, systems, and cloud services to manage and share data on-premises, and private and public clouds worldwide. NetApp will report its Q4 earnings of 2021 after the close today.

Nevro Corp. (NYSE:NVRO -- $65.22) provides products for patients suffering from chronic pain in the United States and internationally. Nevro will report its Q4 earnings of 2021 after the close today.

Noodles & Company (NASDAQ:NDLS -- $8.65) develops and operates fast-casual restaurants. Noodles & Company will report its Q4 earnings of 2021 after the close today.

OraSure Technologies Inc. (NASDAQ:OSUR -- $7.86) develops, manufactures, markets, and sells oral fluid diagnostic products and specimen collection devices in the United States, Europe, and internationally. OraSure will report its Q4 earnings of 2021 after the close today.

Owl Rock Capital Corp. (NYSE:ORCC -- $14.64) is a business development company. Owl Rock Capital will report its Q4 earnings of 2021 after the close today.

Pan American Silver Corp. (NASDAQ:PAAS -- $23.49) engages in the exploration, development, extraction, processing, refining, and reclamation of silver, gold, zinc, lead, and copper mines in Canada, Mexico, Peru, Argentina, and Bolivia. Pan American Silver will report its Q4 earnings of 2021 after the close today.

Rent-A-Center Inc. (NASDAQ:RCII -- $37.71) leases household durable goods to customers on a lease-to-own basis. Rent-A-Center will report its Q4 earnings of 2021 after the close today.

Root Inc. (NASDAQ:ROOT -- $1.54) provides insurance products and services in the United States. Root will report its Q4 earnings of 2021 after the close today.

Skillz Inc. (NYSE:SKLZ -- $3.61) operates as a technology company that enables game developers to monetize their content through fun and fair multi-player competition. Skillz will report its Q4 earnings of 2021 after the close today.

Sturm, Ruger & Co. Inc. (NYSE:RGR -- $64.34) designs, manufactures, and sells firearms under the Ruger name and trademark in the United States. Sturm, Ruger & Co. will report its Q4 earnings of 2021 after the close today.

Summit Materials Inc. (NYSE:SUM -- $34.71) produces and sells construction materials and related downstream products for the public infrastructure, residential and nonresidential, and other end markets. Summit Materials will report its Q4 earnings of 2021 after the close today.

The Aaron's Company Inc. (NYSE:AAN -- $20.62) provides lease-to-own and purchase solutions. The Aaron's Company will report its Q4 earnings of 2021 after the close today.

The RealReal Inc. (NASDAQ:REAL -- $7.98) operates an online marketplace for consigned luxury goods. The RealReal will report its Q4 earnings of 2021 after the close today.

Universal Display Corp. (NASDAQ:OLED -- $135.90) engages in the research, development, and commercialization of organic light emitting diode (OLED) technologies and materials for use in display and solid-state lighting applications. Universal Display will report its Q4 earnings of 2021 after the close today.

VICI Properties Inc. (NYSE:VICI -- $27.31) is an experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality and entertainment destinations, including the world-renowned Caesars Palace. VICI Properties will report its Q4 earnings of 2021 after the close today.

Western Midstream Partners LP (NYSE:WES -- $24.91), together with its subsidiaries, acquire, own, develop, and operate midstream assets primarily in the United States. Western Midstream will report its Q4 earnings of 2021 after the close today.

Looking ahead to tomorrow, things gets busy again onThursday, however, when initial and continuing jobless claims, details on fourth-quarter gross domestic income, gross domestic product (GDP) revision, and new home sales for January are due out.

All economic dates listed here are tentative and subject to change.

Today's Stock Market News & Events: 2/23/2022 - Schaeffer's Investment Research (2024)

FAQs

What is the stock market prediction for 2024? ›

Wall Street analysts' consensus estimates predict 3.6% earnings growth and 3.5% revenue growth for S&P 500 companies in the first quarter. Analysts project full-year S&P 500 earnings growth of 11.0% in 2024, but analysts are more optimistic about some market sectors than others.

How much has the stock market dropped in 2022? ›

Shares have more than doubled since the start of the year. However, the market cap has shrunk considerably in recent years, after declines of 78%, 74% and 65%, respectively in 2023, 2022 and 2021, according to FactSet. The stock of Cronos gained 12%, while Tilray popped nearly 29%.

Why is the stock market declining? ›

"The markets are dealing with a couple things - inflation is hotter than most expect, rate cut expectations are coming down and we've had a ramp higher in geopolitical tensions, particularly out of the Middle East," said Anthony Saglimbene, chief market strategist at Ameriprise Financial in Troy, Michigan.

Why was the market so bad in 2022? ›

Global indices began to decline after January 2022. However, the Russian invasion of Ukraine escalated the decline as fears of energy disruption became apparent. Global markets were also impacted by fears of economic recession.

Will 2024 be a bull or bear market? ›

Economic growth actually accelerated above its 10-year average in 2023. That resilience, coupled with a fascination about artificial intelligence (AI), changed investors' collective mood. The S&P 500 soared throughout the year and finally reached a new high in January 2024, making the new bull market official.

Where will the Dow be at the end of 2024? ›

Long Forecast
YearOpen, $Close, $
December 20244537046983
December 20255647259561
January 20265956156446
December 20265316451981
5 more rows

How much did the average person lose in the stock market in 2022? ›

Even investors who understand that the stock market is volatile did not feel good about the losses stocks posted during 2022. The Standard & Poor's 500 Index dropped by nearly 20% and the average workplace retirement plan balance fell from $144,280 at the start of that year to $111,210 by year's end.

Why did Dow go down? ›

Investors worry the hotter-than-expected inflation report will push back the Fed's timeline for the rate cuts it has been hinting would come this year. US stocks fell sharply Wednesday after inflation data for March came in higher than expected.

What is the stock market today? ›

US Markets
SYMBOLPRICECHANGE
DJIA37,903.29+87.37
NASDAQ15,605.48-52.34
S&P 5005,018.39-17.3
*GOLD2,330.2+27.3
4 more rows

Should I pull my money out of the stock market? ›

It can be nerve-wracking to watch your portfolio consistently drop during bear market periods. After all, nobody likes losing money; that goes against the whole purpose of investing. However, pulling your money out of the stock market during down periods can often do more harm than good in the long term.

At what age should you get out of the stock market? ›

There are no set ages to get into or to get out of the stock market. While older clients may want to reduce their investing risk as they age, this doesn't necessarily mean they should be totally out of the stock market.

How many people lose money in the stock market? ›

As much as 95 per cent of day traders lose money in the market, it demands an investigation. Intraday trading is the most popular, yet data suggests that most intraday traders lose money. A 70 percent don't last beyond the first year, and 95 percent stop trading by the third year.

Are we in the bear or bull market? ›

The current bull market started in October 2022, when the S&P 500 reached its most recent low. Since then, the index has swelled about 35 percent.

Was 2022 a bad year for investments? ›

Let's start with stocks. The S&P 500 fell -18.01% in 2022. That's painful, but it's not anomalous. From 1928 - 2022, the S&P 500 has ended negative 26 out of the 94 years.

Do bonds rise when stocks fall? ›

In theory, rising stock prices draw investors away from bonds, causing bond prices to drop, as sellers lower prices to appeal to market participants. Since bond prices and bond yields move inversely, eventually, the falling bond prices would push the bond yields high enough to attract investors.

Will the stock market improve in 2024? ›

The S&P 500 generated an impressive 26.29% total return in 2023, rebounding from an 18.11% setback in 2022. Heading into 2024, investors are optimistic the same macroeconomic tailwinds that fueled the stock market's 2023 rally will propel the S&P 500 to new all-time highs in 2024.

Will the stock market fall in 2024? ›

While the Indian benchmark Nifty index has been experiencing a rise in the early months of 2024, it doesn't necessarily mean that the market will decline in May. Some investors believe in the adage and may choose to reduce their exposure to the market in May.

Will the market be better in 2024? ›

2024 stock market outlook

Next year, investors can expect declining inflation, reasonable economic growth, and potentially, interest rate cuts by the Federal Reserve, according to Niladri Mukherjee, Chief Investment Officer for TIAA Wealth Management.

How high will the stock market be by 2025? ›

S&P 500 could hit 6,500 by end-2025, says Capital Economics.

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