Mid Cap Archives - Page 3 of 126

1 minute read

Sunoco Looks Attractive: Analyst Cites Pullback, Upcoming Guidance As Catalysts

June 7, 12:29 PM

Stifel analyst upgrades Sunoco LP to Buy and maintains price target of $62.00. Believes upcoming guidance could boost unit price, estimates EBITDA of $1.48B in FY24 and $1.79B in FY25.

AMZA

1 minute read

Bain Capital Goes Big In EdTech: PowerSchool Acquisition Valued At $5.6B

By Lekha Gupta

June 7, 11:36 AM

Bain Capital will take PowerSchool Holdings private for $5.6 billion. Private credit lenders provided debt financing for the deal.

PWSC

1 minute read

Why ODDITY Tech Shares Are Jumping Today

By Lekha Gupta

June 7, 10:46 AM

ODDITY Tech approved a $150 million share buyback plan and raised Q2 guidance to $189 million in revenue and $0.69 EPS.

ODD

2 minute read

Job Market Booms In May: Payrolls Surge More Than Expected, Wages Increase

By Piero Cingari

June 7, 8:40 AM

U.S. labor market beats expectations with 272,000 jobs added in May and 4.1% wage growth. Rising yields and dollar, futures down.

SPY

3 minute read

Rumors Of Green Thumb And Boston Beer Merger: What Investors Need to Know, Analyst Breaks It Down

By Nicolas Jose Rodriguez

June 6, 4:02 PM

Green Thumb Industries (OTC: GTBIF) has expressed interest in merging with Boston Beer (NYSE: SAM), according to a recent report by Pablo Zuanic of Zuanic & Associates. What strategic advantages does this merger offer?

CGC

2 minute read

Nvidia Propels Semiconductor Industry To $5.5 Trillion Valuation; Beginning Of Bigger Boom, Says Analyst

By Piero Cingari

June 6, 2:28 PM

The US semiconductor industry's market cap has reached $5.5 trillion, making it the world's 3rd largest economy, driven by demand for AI chips.

ADI

2 minute read

Stocks Pause As Traders Await Jobs Data, Nvidia Falls On Antitrust Investigation, Crude Rises To $75: What’s Driving Markets Thursday?

By Piero Cingari

June 6, 2:08 PM

Wall Street experienced a relatively quiet day on Thursday, with major indices trading within tight ranges as investors remain cautious ahead of the highly anticipated May jobs report, set for release Friday.

BTC

1 minute read

Why Outdoor Equipment Products Provider Toro Shares Are Surging Today

By Lekha Gupta

June 6, 12:51 PM

Toro reported Q2 FY24 results, sales up 1%, beating consensus, adjusted EPS $1.40 (-11% Y/Y), FY24 outlook remains unchanged.

FDIV

2 minute read

Why Software Company Sprinklr Shares Are Diving Today

By Lekha Gupta

June 6, 9:26 AM

Sprinklr reported lower Q1 FY25 results, with sales of $196.0M and adjusted EPS of $0.09 beating consensus. Co-CEO appointed and share buyback announced.

CXM

2 minute read

Vista Outdoor Surges As MNC Capital Ups The Ante With Sweetened Bid: Details

By Lekha Gupta

June 6, 8:35 AM

Vista Outdoor Inc. shares rise as MNC Capital raises offer to over $3.0 billion. The revised offer is over a 30% premium to the last closing price before MNC's initial offer.

VSTO