What Happened? Shares of semiconductor manufacturer Vishay Intertechnology NYSE:VSH fell 7.3% in the morning session after the company announced a $750 million common stock offering priced at a discount to its recent trading levels.The offering of 15 million shares was priced at $50 each, a steep d…
What Happened? Shares of aerospace and defense company Kratos NASDAQ:KTOS jumped 9.2% in the morning session after industry peer AeroVironment reported record quarterly revenue and earnings that comfortably exceeded Wall Street expectations, lifting the broader defense sector.The strong results fro…
What Happened? Shares of bitcoin development company Strategy NASDAQ:MSTR fell 7.1% in the morning session after a decline in Bitcoin's price led to a broader sell-off in crypto-related stocks and prompted an analyst to lower the company's price target.The move was part of a general downturn for cr…
What Happened? Shares of aerospace and defense company Redwire NYSE:RDW jumped 5.6% in the morning session after the company announced it secured a contract to supply its Penguin Mk2.5 VTOL Uncrewed Aerial System to the Taiwan Coast Guard.The drones will be used to support Taiwan's maritime securit…
What Happened? Shares of cybersecurity exposure management company Tenable NASDAQ:TENB jumped 6.7% in the morning session after the company announced its Tenable One Cloud Exposure product achieved a key U.S. government security certification.The cybersecurity solution received Federal Risk and Aut…
What Happened? Shares of customer experience solutions provider Concentrix NASDAQ:CNXC fell 17.5% in the morning session after the company lowered its financial forecast for the full year following its second-quarter earnings report.While its quarterly revenue of $2.46 billion and adjusted earnings…
Financial data provider FactSet NYSE:FDS will be reporting results this Wednesday before market hours. Here’s what investors should know.FactSet beat analysts’ revenue expectations last quarter, reporting revenues of $611 million, up 7.1% year on year. It was a mixed quarter for the company, with a…
Industrial supplies company MSC Industrial Direct NYSE:MSM will be reporting earnings this Wednesday before market open. Here’s what to look for.MSC Industrial missed analysts’ revenue expectations last quarter, reporting revenues of $917.8 million, up 2.9% year on year. It was a softer quarter for…
Rail transportation company Greenbrier NYSE:GBX will be reporting results this Wednesday after market hours. Here’s what you need to know.Greenbrier missed analysts’ revenue expectations last quarter, reporting revenues of $587.5 million, down 22.9% year on year. It was a disappointing quarter for…
Packaged foods company General Mills NYSE:GISwill be reporting earnings this Wednesday before market hours. Here’s what investors should know.General Mills met analysts’ revenue expectations last quarter, reporting revenues of $4.44 billion, down 8.4% year on year. It was a softer quarter for the c…
What Happened? Shares of telecommunications giant Verizon NYSE:VZ fell 5.3% in the afternoon session after it was officially removed from the Dow Jones Industrial Average. VZ was replaced by Alphabet ending a decades-long membership.Also, in a regulatory filing, Verizon disclosed an estimated $700–…
What Happened? A number of stocks jumped in the afternoon session after the United States and Iran agreed to halt their tit-for-tat military exchanges, easing fears of a wider Middle East conflict that had rattled markets over the weekend.The relief lifted the whole risk complex. The pre-existing t…
What Happened? Shares of cloud security platform Zscaler NASDAQ:ZS jumped 4.1% in the afternoon session after the United States and Iran agreed to halt their tit-for-tat military exchanges, easing fears of a wider Middle East conflict that had rattled markets over the weekend. The relief lifted the…
What Happened? Shares of cloud security and performance company Cloudflare NYSE:NET jumped 3.3% in the afternoon session after the United States and Iran agreed to halt their tit-for-tat military exchanges, easing fears of a wider Middle East conflict that had rattled markets over the weekend.The r…
What Happened? A number of stocks jumped in the afternoon session after the United States and Iran agreed to halt their tit-for-tat military exchanges, easing fears of a wider Middle East conflict that had rattled markets over the weekend.The relief lifted the whole risk complex. The pre-existing t…
What Happened? A number of stocks jumped in the afternoon session after the United States and Iran agreed to halt their tit-for-tat military exchanges, easing fears of a wider Middle East conflict that had rattled markets over the weekend.The relief lifted the whole risk complex. The pre-existing t…
What Happened? A number of stocks jumped in the afternoon session after the United States and Iran agreed to halt their tit-for-tat military exchanges, easing fears of a wider Middle East conflict that had rattled markets over the weekend.The relief lifted the whole risk complex. The pre-existing t…
What Happened? Shares of online advertising giant Alphabet NASDAQ:GOOGLjumped 5% in the afternoon session after the company's shares officially debuted in the Dow Jones Industrial Average taking the slot vacated by Verizon.The Dow milestone is symbolic more than mechanical. The real driver was a re…
What Happened? Shares of healthcare diagnostics company QuidelOrtho NASDAQ:QDELjumped 34.7% in the afternoon session after reports revealed that the company is considering the sale of its point-of-care testing business for about $1.5 billion.According to reports, QuidelOrtho is evaluating bids from…
What Happened? Shares of semiconductor testing company Teradyne NASDAQ:TER jumped 6.6% in the afternoon session after several analysts raised their price targets on the stock, citing strong demand fueled by the artificial intelligence (AI) sector.Cantor Fitzgerald increased its price target to $550…