Unusual 11 Mid-Day Movers 05/09: (DRL) (MEIL) (CTP) Higher; (SMSI) (ECTE) (FUEL) Lower - InvestingChannel

January 9, 2025

Unusual 11 Mid-Day Movers 05/09: (DRL) (MEIL) (CTP) Higher; (SMSI) (ECTE) (FUEL) Lower

by Street Insider0135

Doral Financial Corp. (NYSE: DRL) 49.0% HIGHER; making a smart run today after Moody’s and S&P downgraded the stock earlier in the week. Moody’s, today, also downgraded the Puerto Rico Conservation Trust Fund’s secured notes to C, with no outlook, from Caa3 with a negative outlook.

Smith Micro Software, Inc. (Nasdaq: SMSI) 47.0% LOWER; reported Q1 EPS of ($0.07), $0.02 worse than the analyst estimate of ($0.05). Revenue for the quarter came in at $8.4 million versus the consensus estimate of $9.79 million.

Methes Energies International Ltd. (Nasdaq: MEIL) 32.5% HIGHER; announced that it is finalizing arrangements with