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Why Tutor Perini (TPC) Stock Is Up Today
Shares of general contracting company Tutor Perini (NYSE:TPC) jumped 2.9% in the afternoon session after the company announced two significant contract awards through its subsidiary, Rudolph and Sletten, bolstering its project backlog.
Why Are Rocket Lab (RKLB) Shares Soaring Today
Shares of aerospace and defense company Rocket Lab (NASDAQ:RKLB) jumped 16.6% in the afternoon session after the stock's positive momentum continued as the U.S. Space Development Agency awarded the company a contract worth up to $805 million to provide 18 satellites for missile warning, tracking, and defense.
Why ABM (ABM) Stock Is Trading Lower Today
Shares of facility services provider ABM Industries (NYSE:ABM) fell 3.1% in the afternoon session after the stock's negative momentum continued as the company reported weaker-than-expected fiscal fourth-quarter earnings.
Rocket Companies (RKT) Stock Trades Up, Here Is Why
Shares of fintech mortgage provider Rocket Companies (NYSE:RKT) jumped 2.8% in the afternoon session after Jefferies initiated coverage on the company with a "Buy" rating and a $25.00 price target.
Why Gilead Sciences (GILD) Stock Is Up Today
Shares of biopharmaceutical company Gilead Sciences (NASDAQ:GILD) jumped 3.3% in the afternoon session after the stock's positive momentum continued as the company announced a series of positive developments, including successful late-stage trial results for a new HIV treatment, regulatory approval for another HIV drug in the U.K., and a new pricing agreement with the U.S. government.
Why Columbia Sportswear (COLM) Shares Are Sliding Today
Shares of outerwear manufacturer Columbia Sportswear (NASDAQ:COLM) fell 2.6% in the afternoon session after its competitor Nike forecasted a low-single-digit percentage revenue decline for its current quarter, raising concerns about the health of the athletic apparel industry. The news came after Nike released its second-quarter financial results.
Why DoorDash (DASH) Stock Is Trading Up Today
Shares of on-demand food delivery service DoorDash (NYSE:DASH) jumped 2.6% in the afternoon session after an analyst at Wedbush raised the company's price target.
Why Is RadNet (RDNT) Stock Rocketing Higher Today
Shares of diagnostic imaging company RadNet (NASDAQ:RDNT) jumped 5.2% in the afternoon session after Raymond James maintained its 'Strong Buy' rating on the stock and kept its price target at $95.00.
Why Is Kratos (KTOS) Stock Soaring Today
Shares of aerospace and defense company Kratos (NASDAQ:KTOS) jumped 5.9% in the afternoon session after KeyBanc initiated coverage on the company with an Overweight rating and a $90 price target.
Royal Caribbean (RCL) Stock Trades Up, Here Is Why
Shares of cruise vacation company Royal Caribbean (NYSE:RCL) jumped 2.6% in the afternoon session after its peer, Carnival Corporation, reported strong fourth-quarter financial results, lifting sentiment across the cruise industry.