We recently compiled a list of the 10 Stocks Mirror Wall Street Downturn. In this article, we are going to take a look at where Dun & Bradstreet Holdings, Inc. (NYSE:DNB) stands against the other stocks.
Shares on Wall Street traded lower on Thursday, as investors moved to unload positions to mitigate risks from uncertainties brought about by key economic factors such as President Donald Trump’s continued tariff threats and policy shifts.
The Dow Jones dived by 1.01 percent, the S&P 500 declined 0.43 percent, while the tech-heavy Nasdaq lost 0.47 percent.
Ten companies also mirrored a broader market downturn, finishing the trading session in the red territory amid a flurry of catalysts dampening investor sentiment.
To come up with Thursday’s worst performers, we considered only the stocks with $2 billion in market capitalization and $5 million in daily trading volume.
Dun & Bradstreet Holdings, Inc. (NYSE:DNB) dived for a fourth consecutive day on Thursday, ending the trading session lower by 10.35 percent at $9.44 apiece as investors sold off positions after missing earnings estimates and reporting mixed earnings results.
In a statement, Dun & Bradstreet Holdings, Inc. (NYSE:DNB) said net income in the fourth quarter of 2024 soared by 358 percent to $7.8 million from $1.7 million in the same period in 2023, while revenues were flat at $631.9 million versus $630.4 million.
For the full year, Dun & Bradstreet Holdings, Inc. (NYSE:DNB) narrowed its net losses by 39 percent to $28.6 million from $47 million in 2023, while revenues inched up by 2.89 percent to $2.38 billion from $2.31 billion.
Earnings per share were missed by 2 cents, having settled at $0.30 versus the $0.32 consensus.
Overall DNB ranks 4th on our list of Thursday's top losers. While we acknowledge the potential of DNB as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than DNB but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap.
Disclosure: None. This article is originally published at Insider Monkey.
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