Dominion Diamond (DDC) Stock Price, News & Analysis

Dominion Diamond Co. (NYSE:DDC) released its earnings results on Thursday, September, 8th. The basic materials company reported ($0.39) EPS for the quarter, missing analysts' consensus estimates of ($0.06) by $0.33. The basic materials company had revenue of $160 million for the quarter, compared to the consensus estimate of $196.50 million. The firm's quarterly revenue was down 23.7% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.21) EPS.

Based on aggregate information from My MarketBeat watchlists, some companies that other Dominion Diamond investors own include Endologix (ELGX), Transat A.T. (TRZ), Och-Ziff Capital Management Group (OZM), Archer-Daniels-Midland (ADM), Energy Transfer (ET), Chipotle Mexican Grill (CMG), Accenture (ACN), Apollo Commercial Real Estate Finance (ARI) and Aegean Marine Petroleum Network (ANW).

(DDC) raised $33 million in an initial public offering (IPO) on Friday, November 17th 2023. The company issued 3,900,000 shares at a price of $8.50 per share.

Dominion Diamond's quiet period expired on Wednesday, December 27th. Dominion Diamond had issued 3,900,000 shares in its initial public offering on November 17th. The total size of the offering was $33,150,000 based on an initial share price of $8.50. During the company's quiet period, insiders and any underwriters involved in the IPO were restricted from issuing any research reports or earnings estimates for the company because of SEC regulations. Now that the company's quiet period has ended, brokerages that served as underwriters are now able to initiate research on the company.