Why Daily Journal Stock Is Sliding Even After a 25% Revenue Jump
Daily Journal Corp. shares slipped in Thursday afternoon Nasdaq trading, extending a two-day pullback as investors weighed stronger software revenue against a quarterly loss tied to swings in the company’s investment portfolio. The stock was recently at $462.36, down about 0.4% from Wednesday’s close, after trading between $450.00 and $468.82. Volume was about 38,900 shares, with the company’s market value near $637 million.