Why Shares of Materion Are Plunging This Week [Yahoo! Finance]
Materion Corporation (MTRN)
Last materion corporation earnings: 4/23 07:53 am
Check Earnings Report
US:NYSE Investor Relations:
investor.materion.com/investor-relations
Company Research
Source: Yahoo! Finance
With orders coming in lower than expected, management for advanced materials company Materion (NYSE: MTRN) sees a less profitable 2024 than it had initially expected. As a result, the company downwardly revised its 2024 guidance, motivating investors to trim -- or exit completely -- their positions. Adding to investors' concerns, an analyst provided a more bearish outlook on Materion stock during the week. According to data provided by S&P Global Market Intelligence , shares of Materion are down 10.7% from the end of trading last Friday through the market's close on Thursday. The sources of investors' distress In its second-quarter 2024 financial report, Materion management espoused optimism for the year, projecting 2024 adjusted earnings per share (EPS) of $5.60 to $5.90 -- the midpoint of which represented a 2% increase over that which it reported in 2023. But the bullish outlook didn't last long. On Tuesday, Materion revealed in a regulatory filing that it was now guiding
Show less
Read more
Impact Snapshot
Event Time:
MTRN
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
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MTRN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MTRN alerts
High impacting Materion Corporation news events
Weekly update
A roundup of the hottest topics
MTRN
News
- Are Investors Undervaluing Materion Corporation (NYSE:MTRN) By 43%? [Yahoo! Finance]Yahoo! Finance
- Homogeneous Precious Metal Catalysts Market, Forecast to 2033 - A CAGR of 12.1% is Projected with Leading Firms Leveraging Additive Manufacturing to Maintain Their Competitive Edge [Yahoo! Finance]Yahoo! Finance
- Is Materion Corporation (MTRN) the Best Nickel Stock to Invest in? [Yahoo! Finance]Yahoo! Finance
- Materion Third Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags [Yahoo! Finance]Yahoo! Finance
- Materion Corporation Reports Third Quarter 2024 Financial ResultsBusiness Wire
MTRN
Earnings
- 10/30/24 - Beat
MTRN
Sec Filings
- 12/10/24 - Form 4
- 12/10/24 - Form 4
- 12/10/24 - Form 4
- MTRN's page on the SEC website