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ChargePoint (CHPT) Stock Trades Up, Here Is Why
Shares of EV charging solutions provider ChargePoint Holdings (NYSE:CHPT) jumped 5.6% in the afternoon session after the company announced a partnership to deliver EV charging for a licensee of Avis Budget Group in Wisconsin.
Why Abbott Laboratories (ABT) Shares Are Sliding Today
Shares of healthcare product and device company Abbott Laboratories (NYSE:ABT) fell 8.3% in the afternoon session after the company reported fourth-quarter revenue that missed Wall Street's expectations.
Cars.com (CARS) Stock Is Up, What You Need To Know
Shares of online new and used car marketplace Cars.com (NYSE:CARS) jumped 3% in the afternoon session after broader market sentiment improved as it was announced that planned tariffs on European allies would not proceed, easing trade tensions.
Why LendingClub (LC) Stock Is Up Today
Shares of digital lending platform LendingClub (NYSE:LC) jumped 4.1% in the afternoon session after an analyst at Citizens upgraded the company's stock rating from Market Perform to Market Outperform.
Why McCormick (MKC) Stock Is Nosediving
Shares of food flavoring company McCormick (NYSE:MKC) fell 7% in the afternoon session after the company issued a weak profit forecast for the upcoming fiscal year and reported fourth-quarter results that missed expectations.
Why Orion (ORN) Stock Is Up Today
Shares of marine infrastructure company Orion (NYSE:ORN) jumped 15.9% in the afternoon session after JPMorgan initiated coverage on the company with an "Overweight" rating and a $16.00 price target.
Why Chemed (CHE) Shares Are Sliding Today
Shares of healthcare services company Chemed Corporation (NYSE:CHE) fell 4.2% in the afternoon session after Jefferies downgraded the stock to 'Hold' from 'Buy' and slashed its price target.
Why Dynatrace (DT) Stock Is Trading Up Today
Shares of cloud observability platform Dynatrace (NYSE:DT) jumped 3.4% in the afternoon session after Guggenheim reiterated its Buy rating, predicting the company would exceed all its fiscal third-quarter top and bottom-line metrics. The research firm expected Dynatrace's subscription revenue to remain stable at around 17%, ahead of the company's own guidance of 13.5%. Guggenheim also forecasted significant growth in net new annual recurring revenue.
Why GE Aerospace (GE) Shares Are Plunging Today
Shares of industrial conglomerate GE Aerospace (NYSE:GE) fell 5.7% in the afternoon session after the company reported fourth-quarter results that beat expectations, but provided an underwhelming revenue forecast.
Dime Community Bancshares (DCOM) Stock Trades Up, Here Is Why
Shares of regional bank Dime Community Bancshares (NASDAQ:DCOM) jumped 4.7% in the afternoon session after the company reported strong fourth-quarter results that surpassed Wall Street's expectations and showed significant growth.