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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.
Pegasystems (PEGA) Stock Is Up, What You Need To Know
Shares of low-code automation software company Pegasystems (NASDAQ:PEGA) jumped 3.7% in the afternoon session after reports indicated a "Buy" consensus rating from Wall Street analysts.
Vicor (VICR) Stock Trades Up, Here Is Why
Shares of power conversion and control solutions provider Vicor Corporation (NASDAQ:VICR) jumped 4.8% in the afternoon session after the stock reached a 52-week high, continuing a rally fueled by the company's strong financial performance.