Concentrix Posts Mixed Q3 Results, Joins Cal-Maine Foods And Other Big Stocks Moving Lower In Wednesday’s Pre-Market Session
Concentrix plunged 10.6% premarket after weak guidance, despite an earnings beat; several other stocks also traded lower.
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B. Riley Securities Maintains Buy on IperionX, Lowers Price Target to $34
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Shares of critical metal-related companies are trading lower as silver declines amid a stronger dollar and rising yields. Recent comments from the Fed's Barkin on inflation and future rate hikes prompt expectations of tighter monetary policy may raise costs for global consumers and could impact orders and demand.
Shares of precious metal-related companies are trading higher as bond yields and oil prices retreat, which alleviates pressure on the physical gold and silver markets.