As of April 11, 2024, three stocks in the financial sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
Shares of C.H. Robinson Worldwide, Inc. (NASDAQ: CHRW) fell sharply during Thursday’s session after the company reported worse-than-expected fourth-quarter financial results.
Companies Reporting Before The Bell • ING Groep (NYSE:ING) is expected to report earnings for its fourth quarter. • Shell (NYSE:SHEL) is likely to report quarterly earnings at $1.81 per share on revenue of $75.66 billion.
ING has market-leading banking operations in the Netherlands and Belgium and a range of digital banks across Europe and Australia. Over the past year, ING's share price rose about 4.5% from $13.38 to $13.98 as of Monday’s market close
Dutch stocks edge 0.3% higher in Amsterdam despite Geert Wilders' anti-EU victory in Dutch elections. Wilders' policies test EU stability; banks ING Groep and ABN AMRO saw declines, while Shell rallied 1.4%.
