News

Market Movers

1 Mins read

Stock Gainers:

  • Activision Blizzard

    • Shares rose 1% after Microsoft reached a licensing deal with Ubisoft Entertainment to secure approval from the U.K. competition regulator.
    • Microsoft stock also rose in premarket trade.
    • The stock rallied 18% after the high-tech manufacturing services company reported strong results driven by new AI products and data-communications sales.
  • Teva Pharmaceutical Industries Ltd.

    • U.S.-listed shares rose 1% as the company agreed to pay a $225 million fine to settle price-fixing charges.
  • Zoom Video

    • Shares rose 4% as the videoconferencing giant reported a significant increase in earnings and provided strong full-year guidance.

Stock Decliners:

  • Nordson Corp.
    • Shares dropped 5% as the maker of industrial adhesives and other products missed revenue expectations, primarily due to weakness in its electronics business.
Related posts
News

Banking Regulations for Preventing Failures

2 Mins read
Banking regulators have the power to prevent future bank collapses, according to a panel of banking experts who emphasized the importance of…
News

Dave's Strong Q4 Performance

1 Mins read
Shares of Dave surged on Tuesday following the digital bank’s announcement of a profitable fourth quarter earlier than expected, with a positive…
News

DaVita Expands in Latin America

1 Mins read
Shares of DaVita reached record levels as the kidney care services company announced its significant expansion into Latin America through a $300…

Leave a Reply

Your email address will not be published. Required fields are marked *

43 + = 45