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Specialty Vehicles Manufacturer REV Group Shares Are Surging Today: What’s Going On?

REV Group Inc (NYSE: REVG) surges over 7% as it unveils strategic initiatives. The sale of Collins Bus Corporation for $303.0 million and the exit from transit bus manufacturing mark significant changes. A special dividend of $3.00 per share, payable on February 16, 2024, reflects the company's commitment towards shareholders.

REVG

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Why Despegar.com Shares Are Trading Higher By Over 16%? Here Are Other Stocks Moving In Wednesday’s Mid-Day Session

Shares of Despegar.com, Corp. (NYSE: DESP) rose sharply during Wednesday’s session after the company raised its FY23 financial guidance. The company said it now sees revenue of $690 million to $700 million, versus previous forecast of $670 million to $700 million.

ABM