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Invezz news releases related Invezz news releases and Invezz press releases from 05/29/24 08:07:55 on US and Canada Markets.
2024-05-29 08:07:55 ET Forward Air (NASDAQ:FWRD) finds itself in the spotlight as activist investor Irenic Capital Management made a significant move, acquiring nearly 5% stake in the company, according to a report by the Wall Street Journal. This move follows a period where Forward Air...
2024-05-29 08:01:45 ET Marathon Oil Corp (NYSE: MRO) is up more than 10% in premarket on Wednesday after ConocoPhillips (NYSE: COP) said it will buy the hydrocarbon exploration firm for about $17.1 billion. Marathon Oil stock valued at a 15% premium The deal values $MRO at a nea...
2024-05-29 08:01:45 ET Marathon Oil Corp (NYSE: MRO) is up more than 10% in premarket on Wednesday after ConocoPhillips (NYSE: COP) said it will buy the hydrocarbon exploration firm for about $17.1 billion. Marathon Oil stock valued at a 15% premium The deal values $MRO at a nea...
2024-05-29 06:02:00 ET Faraday Future (NASDAQ: FFIE) stock price has collapsed, erasing most of the gains it made earlier this month. After soaring to $3.90 on May 17th, the stock ended Tuesday at $1.17, a 70% plunge. It then slumped by over 30% in the pre-market session after the compa...
2024-05-29 04:04:00 ET Streaming company JOYY Inc. (NASDAQ:YY) reported its Q1 2024 earnings after market closing on May 28 th , exceeding both revenue and earnings expectations. The company’s non-GAAP EPADS came in at $1.02, surpassing estimates by $0.21, while revenues reac...
2024-05-28 14:06:24 ET Anheuser-Busch InBev (NYSE:BUD) has been navigating dynamic shifts in the beverage market, leveraging its diverse portfolio to mitigate challenges and capitalize on emerging opportunities. At the recent Beer Marketers’ Insights conference, the company showc...
2024-05-28 12:20:33 ET Starbucks Corp (NASDAQ:SBUX) is facing a tough battle in China, its second-largest market, according to a recent report from Reuters . The company has been forced into a price war with low-cost rivals, such as Luckin Coffee, despite previous attempts to avoid ...
2024-05-28 12:18:29 ET Celsius Holdings Inc (NASDAQ: CELH) is down more than 15% today after a Morgan Stanley analyst reiterated his cautious stance on the energy drink company. Celsius stock could sink further to $75 Dara Mohsenian reiterated his “equal weight” ra...
2024-05-28 10:57:17 ET Super Micro Computer (NASDAQ: SMCI) stock price has lost momentum in the past three months even as American equities surged to their all-time high. It was trading at $895 on Tuesday, down by almost 27% from its highest point this year. Growth concerns have rem...
2024-05-28 09:48:30 ET Texas Instruments Inc (NASDAQ: TXN) opened in the green this morning after Elliott Investment Management announced to have taken a sizable stake in the semiconductor behemoth. Elliott is pushing for a lift to free cash flow The activist hedge fund has secu...
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