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Why Rocket Lab (RKLB) Stock Is Up Today
Shares of aerospace and defense company Rocket Lab (NASDAQ:RKLB) jumped 9.5% in the afternoon session after it secured its largest-ever contract, an $816 million deal with the U.S. Space Development Agency, and completed a record number of successful launches for the year.
Myriad Genetics (MYGN) Stock Trades Up, Here Is Why
Shares of genetic testing company Myriad Genetics (NASDAQ:MYGN) jumped 3.7% in the afternoon session after the company signed an exclusive agreement with Zydus Lifesciences to commercialize a trio of its cancer tests in India.
Taboola (TBLA) Stock Trades Up, Here Is Why
Shares of content discovery platform Taboola (NASDAQ:TBLA) jumped 2.8% in the afternoon session after analyst firm Rosenblatt initiated coverage on the stock with a 'Buy' rating and a $6 price target.
Why Is iHeartMedia (IHRT) Stock Rocketing Higher Today
Shares of global media and entertainment company iHeartMedia (NASDAQ:IHRT) jumped 6.2% in the afternoon session after the company announced it would expand its podcast platform to include free video distribution for creators.
Why Lamb Weston (LW) Shares Are Sliding Today
Shares of potato products company Lamb Weston (NYSE:LW) fell 2.1% in the afternoon session after BNP Paribas Exane downgraded the stock to 'Neutral' from 'Outperform', citing concerns over intensifying competition.
Why IonQ (IONQ) Stock Is Up Today
Shares of quantum computing company IonQ (NYSE:IONQ) jumped 12.2% in the afternoon session after several Wall Street firms initiated coverage on the company with positive ratings.
Why FOX (FOXA) Stock Is Up Today
Shares of cable news and media network Fox (NASDAQ:FOXA) jumped 2.8% in the afternoon session after Guggenheim raised its price target for the company's shares to $85.00 from $75.00, maintaining its "Buy" rating.
Why Pangaea (PANL) Stock Is Trading Up Today
Shares of pangaea Logistics (NASDAQ:PANL) jumped 2.2% in the afternoon session after the company announced the appointment of Eugene I. Davis to its Board of Directors.
Why EchoStar (SATS) Stock Is Trading Up Today
Shares of satellite communications company EchoStar (NASDAQGS:SATS) jumped 3.6% in the afternoon session after its subsidiary, Hughes Network Systems, launched a new portfolio of ruggedized Low Earth Orbit (LEO) terminals designed for mission-critical connectivity.
Why Tesla (TSLA) Stock Is Trading Up Today
Shares of electric vehicle pioneer Tesla (NASDAQ:TSLA) jumped 2.8% in the afternoon session after a Delaware Supreme Court ruling restored CEO Elon Musk's 2018 compensation plan, ending a long-running legal battle.