Stocks are moving more on earnings than normal, with Enphase Energy the latest example

If earnings season is creating a bit of whiplash for you this quarter, you're not alone. Third-quarter reports have already sparked some major stock moves just a few weeks into the period. Last Wednesday, United Airlines surged more than 12% after a strong third-quarter report and forecast. On Tuesday of last week, chipmaker ASML fell 16% after releasing disappointing results , dragging other semiconductor stocks down with it.

mountain Shares of Enphase Energy were down sharply Wednesday. The trend of earnings reports preceding big moves in stocks appears to be carrying over from last quarter. John Marshall of Goldman Sachs' derivatives research team said in a note to clients that the second-quarter reporting season was abnormally dramatic. "Last quarter, 12% of S & P 500 stocks moved more than +/-10% on their earnings day.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks making the biggest moves premarket: Boeing, McDonald's, Enphase Energy, Coca-Cola and moreThese are the stocks posting the largest moves in premarket trading.
Source: CNBC - 🏆 12. / 72 Read more »

Biotech stocks: Morgan Stanley previews the sector's third-quarter earnings seasonBiotech stocks: Morgan Stanley previews the sector's third-quarter earnings season
Source: Investingcom - 🏆 450. / 53 Read more »

How to trade the jump in oil and energy stocks using optionsJeff Kilburg breaks down a trade in the Energy Select SPDR.
Source: CNBC - 🏆 12. / 72 Read more »

5 Dividend Stocks to Ride Energy Wave With Yields Up to 7.9% for Income SeekersStocks Analysis by Contrarian Outlook (Brett Owens) covering: Exxon Mobil Corp, Valero Energy Corporation, EOG Resources Inc, Copper Futures. Read Contrarian Outlook (Brett Owens)'s latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »

Move aside, AI: None of our top 5 stocks in the third quarter are in techBeneficiaries of the Fed's rate-cutting cycle dominate the list of top-performing Club stocks in the third quarter.
Source: CNBC - 🏆 12. / 72 Read more »

Stock Market Today: Dow closes at record as energy stocks ride oil prices higherStock Market Today: Dow closes at record as energy stocks ride oil prices higher
Source: Investingcom - 🏆 450. / 53 Read more »