Check out the companies making headlines in midday trading. Xerox – Xerox shares sank more than 9% after the digital printing company announced plans to cut 15% of its workforce in the first quarter as part of a broader restructuring effort. SoFi Technologies — The financial technology stock tumbled...
Check out the stocks making the biggest moves in premarket trading. Bloomin' Brands — Shares of the restaurant company rose more than 5% after the Outback Steakhouse parent announced it added two new members to its board. The change comes as part of an agreement between Bloomin' and activist...
Check out the companies making headlines in midday trading. Moderna — The drugmaker jumped 16% following an upgrade to outperform by Oppenheimer. The firm said Moderna's multiple product launches in the next 12 to 18 months should help top-line sales start to grow in 2025. Moderna fell more than...
Check out the companies making the biggest moves in premarket trading: Apple — Apple shares lost 2% before the bell after Barclays downgraded the iPhone maker to underweight, citing weak iPhone 15 volumes, along with Macs, iPads, and wearables. In addition, Apple's widening P/E multiple doesn't look "sustainable," the...
Check out the companies making headlines in midday trading. Fisker — The electric vehicle stock gained nearly 18% after Fisker reported it grew deliveries by more than 300% from the third to fourth quarter. The company added that it intends to announce a plan in January to further accelerate...
These are the stocks posting the largest moves in premarket trading.
Check out the companies making headlines in midday trading. Regeneron Pharmaceuticals — Shares of the biotech firm edged more than 1% higher, adding to Wednesday's gains. The moves follow a judgment in Regeneron's favor in a West Virginia patent lawsuit against Mylan. BMO analyst Evan Seigerman said the ruling...
Check out the companies making headlines before the bell. Tesla — The electric vehicle maker rose nearly 1%, adding to previous gains on news that it will revamp its Model Y vehicle. Tesla plans to begin refreshing the model starting in the middle of next year from its Shanghai...
Check out the companies making headlines in midday trading. Tesla — The electric vehicle maker added 1.9% after Bloomberg News reported improvements to its Model Y vehicle are coming. Tesla plans to revamp the car from its Shanghai plant starting in the middle of 2024, the report said. The...
Check out the companies making headlines before the bell. Netease — Shares of the Chinese internet company shed 4% after China's top gaming regulator promised to "further modify and improve" fresh rules targeting excessive gaming. Shares of Netease had previously plunged 24.6% last Friday upon the introduction of the...