Most local stocks dropped Monday – one of the worst days for stocks this year. The Dow Jones industrial average had its biggest one-day decline in nearly nine months.
The Valley area’s largest corporation, the Walt Disney Co., went down $6.36 a share, or 3.6 percent. Disney’s shares closed at $184.38 last Monday, compared to $172.95 today. Meanwhile, the stock of Amgen Inc., the area’s second biggest company, edged down 0.5 percent.
The largest local drop: 8 percent by the stock of Dine Brands Global, the operator of Applebee’s Neighborhood Grill & Bar and IHOP. The Glendale-based company closed at $75.47, down $6.53 Monday, after reaching heights up to $98 during May, a time when vaccinations rates increased and states started reopening.
Simulations Plus Reports Third Quarter Fiscal 2021 Financial Results
Third quarter total revenue increased 4% to $12.8 million, with software revenue up 21%;
Board of Directors announces quarterly dividend of $0.06 per share
LANCASTER, Calif. (BUSINESS WIRE) Simulations Plus, Inc. (Nasdaq: SLP), a leading provider of modeling and simulation solutions for the pharmaceutical, biotechnology, chemical, and consumer goods industries, today reported financial results for its third quarter of fiscal 2021, ended May 31, 2021.
Third Quarter Fiscal 2021 Financial highlights (compared with the corresponding period last fiscal year):
Total revenue increased 4% to $12.8 million;
Software revenue increased 21% to $8.3 million;
Services revenue declined 18% to $4.5 million;
Gross profit increased 7% to $10.3 million;
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Simulations Plus, Inc (NASDAQ:SLP) - Simulations Plus Target Price Lowered At Craig-Hallum, Raymond James After Q3 Sales Miss Expectations benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.