Movers & Shakers Archives - Page 13 of 31

1 minute read

What’s Going On With Super Micro Computer Inc Stock?

January 19, 1:00 PM

Super Micro Computer announced updated financial guidance for the second-quarter after the market close on Thursday. The company said it estimates second-quarter net sales will be between $3.6 billion and $3.65 billion, versus the previous guidance of between $2.7 billion and $2.9 billion.

SMCI

1 minute read

What’s Going On With Edgewise Therapeutics Stock?

By Erica Kollmann

January 19, 12:33 PM

Edgewise Therapeutics, Inc. (NASDAQ:EWTX) shares are trading higher Friday after the company announced the pricing of its $240 million underwritten offering of 21,818,182 shares at $11 per share.

EWTX

2 minute read

What’s Going On With Meta Platforms Stock?

By Erica Kollmann

January 19, 11:56 AM

Meta CEO Mark Zuckerberg revealed in an Instagram Reels video posted Thursday that the company is planning to amass approximately 350,000 H100 GPUs from Nvidia Corporation (NASDAQ:NVDA) in an effort to advance the company's AI goals.

What’s Going On With Rivian Automotive Stock?

By Erica Kollmann

January 18, 2:34 PM

Rivian announced the availability of its R1S electric SUV for leasing on Wednesday. The R1S can be leased for 36 months at approximately $1,169 per month. Rivian shares are trading below the stock's 50-day moving average of $19.01, and 18.87% of available shares are being sold short which may be adding to the price volatility.

RIVN

1 minute read

What’s Going On With DraftKings Stock?

By Erica Kollmann

January 18, 1:17 PM

DraftKings began offering its online sportsbook in Vermont on Jan. 1., marking the 26th U.S. state, in addition to Ontario, Canada, in which DraftKings Sportsbook operates.

ARKK

2 minute read

What’s Going On With Birkenstock Stock After Earnings?

By Erica Kollmann

January 18, 12:50 PM

Birkenstock reported quarterly adjusted earnings of 14 cents per share which beat the analyst consensus estimate of 8 cents by 75%. The company reported quarterly sales of $407.67 million, beating the analyst consensus estimate of $303.31 million by 34.41%.

BIRK

1 minute read

What’s Going On With Cannabis-Related Agrify Stock?

By Erica Kollmann

January 18, 11:56 AM

Agrify announced a multi-million dollar sales agreement with Ocean Deep/Golden Lake Business Park to purchase Agrify's vertical farming units (VFUs) and PX30 Hydrocarbon Extraction Lab. Ocean Deep is expected to begin operation with an estimated 120 VFUs in 2024.

AGFY

1 minute read

Why SolarEdge Technologies Stock Is Down Today

By Erica Kollmann

January 17, 4:24 PM

Barclays identified multiple downside risks for SolarEdge in its note, including slower than anticipated growth and worsening supply chain constraints combined with high shipping costs. Barclays also noted the company's difficulty maintaining its market share against larger competitors which include Tesla, Inc. (NASDAQ:TSLA) and Enphase Energy, Inc. (NASDAQ:ENPH).

ENPH

1 minute read

Why Spirit Airlines Stock Is Down

By Erica Kollmann

January 17, 1:48 PM

Spirit Airlines, Inc. (NYSE:SAVE) shares are trading lower Wednesday on continued downward momentum after a federal judge blocked JetBlue Airways Corporation (NASDAQ:JBLU) from acquiring the company. On Tuesday, U.S. District Judge William Young in Boston ruled in favor of the Justice Department and blocked the proposed $3.8 billion purchase of Spirit Airline.

JBLU

1 minute read

What’s Going On With ChargePoint Holdings Stock?

By Erica Kollmann

January 17, 1:05 PM

Last Wednesday, ChargePoint announced a strategic reorganization designed to improve financial performance and position itself for long-term growth which included an approximately 12% reduction of the ChargePoint global workforce.

CHPT