PMVP - Hot Stocks: CBRL falls on earnings; PMVP drops on clinical data; KSS jumps; XOM extends high
Stocks pushed higher again on Tuesday, building on gains posted in the previous session. Still, trading remained choppy, especially early in the day, as Wall Street continued to look for definitive near-term direction. Among the winners on the session, Kohl's (NYSE:KSS) rallied on news that it has entered exclusive negotiations to sell itself. At the same time, Exxon Mobil (XOM) continued its recent upward momentum, extending its 52-week high. On the other side of the spectrum, Cracker Barrel Old Country Store (CBRL) dropped on disappointing quarterly results. Meanwhile, the release of clinical data sparked a massive drop in PMV Pharmaceuticals (PMVP). Standout Gainer The continuing drama around Kohl's (KSS) attempt to find a buyer took another turn on Tuesday, sparking a nearly 10% rise in shares of the retailer. The company announced that it has entered exclusive talks to be acquired by Franchise Group (FRG). The contemplated deal would value
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Hot Stocks: CBRL falls on earnings; PMVP drops on clinical data; KSS jumps; XOM extends high