Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

Why Axos Financial (AX) Shares Are Sliding Today [Yahoo! Finance]

Axos Financial, Inc. (AX) 
Company Research Source: Yahoo! Finance
came in higher than expected, sparking a broad market sell-off that hit financial stocks particularly hard. The Producer Price Index (PPI) for January, a measure of inflation at the wholesale level, rose more than anticipated. The core component, which excludes volatile food and energy prices, showed a significant jump. This data reinforced the view of persistent inflation and raised concerns that the Federal Reserve would have limited room to lower interest rates in the near term. Stubbornly high interest rates can narrow the profit margins for banks and other financial firms. The negative sentiment was widespread, with the Dow, S&P 500, and Nasdaq all declining as investors grew more cautious. The shares closed the day at $86.85, down 8.9% from previous close. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy Axos Financial? Access our full analysis report here, it's free What Is The Mar Show less Read more
Impact Snapshot
Event Time:
AX
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for
AX alerts

from News Quantified
Opt-in for
AX alerts

from News Quantified