Pre-Open Stock Movers 06/27: Chewy Gains on Upgrade; Spirit Airlines Falls on Deal Update
- S&P 500 ends higher as markets weigh rising yields, upbeat corporate results
- Meta Platforms reports softer Q2 revenue guidance on plans to boost spending on AI
- IBM (IBM) announces mixed Q1 results, HashiCorp acquisition; shares down
- Equities mixed as investors eye earnings; yen on intervention watch
- ServiceNow (NOW) stock falls as refreshed subscription outlook trails estimates
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Hasbro (HAS) brand strength sees earnings top expectations
- IBM (IBM) announces mixed Q1 results, HashiCorp acquisition; shares down
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
Mizuho on Robinhood Markets (HOOD): 'we believe that a potential deal would be good news for HOOD'
June 27, 2022 3:49 PM EDTMizuho Securities analyst Dan Dolev reiterated a Buy rating and $14.00 price target on Robinhood Markets (NASDAQ: HOOD).
The analyst comments "HOOD shares are up ~14% due to a Bloomberg report that FTX is interested in acquiring it. Commentary from FTX indicates no... More
Goldman Sachs Becomes More Defensive, Upgrades Autozone (AZO)
June 27, 2022 2:06 PM EDTAutozone (NYSE: AZO) was upgraded to Buy from Neutral by Goldman Sachs analyst Kate McShane on Monday, with the firm "getting even more defensive ."
McShane said in a wide-ranging note that Goldman views Autozone as defensively positioned in the current environment as the majority of auto... More
UPDATE: Robinhood (HOOD) Investor May Raise Stake
June 27, 2022 10:06 AM EDT(Updated - June 27, 2022 10:06 AM EDT)
Gordon Haskett analysts report Sam Bankman-Fried, founder of Crypto exchange FTX, may likely seek to boost his stake in Robinhood (NASDAQ: HOOD) to 9.9% (from 7.6% currently).
The analysts wonder why wouldn't Sam buy all of Robinhood?... More