Smith Douglas Homes Corp. Class A Common Stock (SDHC)

D.R. Horton and Smith Douglas Homes downgraded by BofA Securities analyst due to tough outlook for homebuilder stocks, declining demand, and rising costs.

SDHC stock results show that Smith Douglas Homes beat analyst estimates for earnings per share and beat on revenue for the second quarter of 2024.

SDHC stock results show that Smith Douglas Homes missed analyst estimates for earnings per share and missed on revenue for the first quarter of 2024.

Amer Sports, the maker of Wilson tennis rackets and a host of other sports equipment, raised about $1.37 billion in its initial public offering, which was priced below the previously expected $16-$18 range. This was yet another disappointing IPO.

Although U.S. stocks closed higher on Thursday, there were a few notable insider trades.