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Stock impact report

Annexon, Inc. (ANNX) Falls More Steeply Than Broader Market: What Investors Need to Know [Yahoo! Finance]

Annexon, Inc. - common stock (ANNX) 
Company Research Source: Yahoo! Finance
The stock trailed the S&P 500, which registered a daily loss of 0.95%. Meanwhile, the Dow lost 1.09%, and the Nasdaq, a tech-heavy index, lost 0.84%. The company's stock has climbed by 35.73% in the past month, exceeding the Medical sector's loss of 3.76% and the S&P 500's gain of 1.78%. The upcoming earnings release of Annexon, Inc. will be of great interest to investors. It is anticipated that the company will report an EPS of -$0.32, marking a 38.46% rise compared to the same quarter of the previous year. Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Annexon, Inc. These recent revisions tend to reflect the evolving nature of short-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the company's business and profitability. Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To utilize this, we have created the Zacks Show less Read more
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