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Why Wix (WIX) Shares Are Trading Lower Today

What Happened? Shares of website building platform Wix NASDAQ:WIX fell 9.4% in the afternoon session after Raymond James downgraded the stock to Outperform from Strong Buy and lowered its price target to $70 from $75.The firm cited the stock's 32% gain over the past month as the primary reason for…

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Why Are Carlisle (CSL) Shares Soaring Today

What Happened? Shares of building envelope solutions provider Carlisle Companies NYSE:CSLjumped 8.1% in the afternoon session after the company reported second-quarter results that topped Wall Street's expectations for both revenue and profit.Carlisle announced Q2 revenue of $1.57 billion, an 8.3…

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Why Teradyne (TER) Stock Is Trading Up Today

What Happened? Shares of semiconductor testing company Teradyne NASDAQ:TER jumped 12.5% in the afternoon session after the company reported strong second-quarter results, with revenue more than doubling year-over-year due to high demand for artificial intelligence (AI) test equipment.The test equip…

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Why Saia (SAIA) Stock Is Trading Lower Today

What Happened? Shares of freight transportation and logistics provider Saia NASDAQ:SAIAfell 11.7% in the afternoon session after investors looked past a second-quarter earnings beat to focus on concerning long-term trends in the company's profitability.Although Saia met revenue expectations with a…

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Why KBR (KBR) Shares Are Getting Obliterated Today

What Happened? Shares of government and sustainable technology solutions company KBR NYSE:KBRfell 6.5% in the afternoon session after the company reported second-quarter results that showed a steep drop in cash flow that overshadowed beats on revenue and earnings.While the company surpassed Wall St…

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Why Covenant Logistics (CVLG) Shares Are Falling Today

What Happened? Shares of freight and logistics provider Covenant Logistics (NASDAQ:CVLG) fell 13% in the afternoon session after the company reported mixed second-quarter results where revenue beat expectations but earnings fell short.The logistics firm posted revenue of $332.9 million, edging past…

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Why Are Baxter (BAX) Shares Soaring Today

What Happened? Shares of healthcare company Baxter International NYSE:BAXjumped 8.7% in the afternoon session after the company reported second-quarter results that beat analyst expectations on the top and bottom lines and raised its full-year financial forecast.The company announced revenue of $2…

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Why Garrett Motion (GTX) Stock Is Trading Up Today

What Happened? Shares of turbocharger technology company Garrett Motion (NYSE:GTX) jumped 6.6% in the afternoon session after Deutsche Bank upgraded its rating on the company to Buy from Hold and raised its price target to $36. The bank's decision followed Garrett Motion's strong second-quarter res…

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Why Terex (TEX) Shares Are Trading Lower Today

What Happened? Shares of lifting and material handling equipment company Terex NYSE:TEXfell 4% in the afternoon session after the company reported second-quarter 2026 results that, despite beating revenue expectations and raising its full-year sales forecast, showed a decline in year-over-year prof…

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Lam Research (LRCX) Stock Trades Up, Here Is Why

What Happened? Shares of semiconductor equipment maker Lam Research NASDAQ:LRCX jumped 18% in the afternoon session after the company reported strong second-quarter results and provided an outstanding forecast for the upcoming quarter that significantly surpassed expectations.The company's adjusted…

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Why Are CONMED (CNMD) Shares Soaring Today

What Happened? Shares of medical tech company CONMED NYSE:CNMDjumped 10.5% in the afternoon session after the company reported second-quarter adjusted earnings that beat analyst expectations and raised its full-year guidance.The company's adjusted earnings for the quarter came in at $1.38 per share…

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Why Is Avery Dennison (AVY) Stock Rocketing Higher Today

What Happened? Shares of adhesive manufacturing company Avery Dennison NYSE:AVY jumped 5.8% in the afternoon session after the company reported strong second-quarter 2026 financial results that surpassed analyst expectations for both revenue and earnings.The materials science company announced net…

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Omnicell (OMCL) Stock Trades Down, Here Is Why

What Happened? Shares of healthcare tech company Omnicell NASDAQ:OMCLfell 9.9% in the afternoon session after the company issued weak guidance for the upcoming quarter that overshadowed its strong second-quarter results.The healthcare technology company reported second-quarter revenue of $312.2 mil…

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Corebridge Financial and Equitable Holdings Stockholders Approve Merger

Corebridge Financial, Inc. (NYSE: CRBG) (“Corebridge”) and Equitable Holdings, Inc. (NYSE: EQH) (“Equitable”) today announced that the stockholders of both companies voted to approve the previously announced merger between the two companies at their respective special meetings of stockholders (the…

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