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The communication services sector has oversold stocks, presenting buying opportunities for undervalued companies. RSI compares stock's strength on up and down days.
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Chunghwa Telecom (NYSE:CHT) reported quarterly earnings of $0.44 per share. This is a 2.33 percent increase over earnings of $0.42 per share from the same period last year. The company reported $1.941 billion in sales
U.S. stocks mixed, Nasdaq up 0.1%. Abercrombie & Fitch shares surge 31.6% after beating earnings and raising forecasts. Other top gainers include Kanzhun, Capricor Therapeutics, Semtech Corp, and more.
Dow Jones up 400 points on Monday. Baker Hughes Co (BKR) shares rise after positive earnings and technology order. Other big gainers include NIPG, FBRX, TRAX, GENI, BMNR, OMER, ASAN, EIKN, IONQ, and SPT.