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Rivian (RIVN) Stock Trades Down, Here Is Why
Shares of electric vehicle manufacturer Rivian (NASDAQ:RIVN) fell 5.6% in the morning session after Morgan Stanley downgraded the stock to 'Underweight', citing a cautious outlook for the electric vehicle market and risks tied to the company's future product launch.
Why MGP Ingredients (MGPI) Stock Is Trading Lower Today
Shares of food and beverage supplier MGP Ingredients (NASDAQ:MGPI) fell 3.1% in the morning session after a director, Karen Seaberg, disclosed the sale of a significant amount of company stock.
Upwork (UPWK) Stock Is Up, What You Need To Know
Shares of online work marketplace Upwork (NASDAQ:UPWK) jumped 4.5% in the morning session after Canaccord Genuity raised its price target on the stock to $24. This action followed Upwork's Investor Day, where the company announced ambitious growth targets. The positive outlook from the company, followed by the analyst's price target increase, appeared to boost investor confidence in the freelance and remote work platform. The stock's upward move also pushed it to a new 52-week high, reflecting the growing interest in the company's position within the modern workforce.
Why Visa (V) Stock Is Trading Up Today
Shares of global payments technology company Visa (NYSE:V) jumped 4.2% in the morning session after BofA Securities upgraded the stock from Neutral to Buy and set a price target of $382.00.
Why Alta (ALTG) Stock Is Trading Up Today
Shares of equipment distribution company Alta Equipment Group (NYSE:ALTG) jumped 4.9% in the morning session after a director, Zachary E. Savas, disclosed a significant purchase of company stock, signaling strong insider confidence.
Why Herbalife (HLF) Stock Is Up Today
Shares of health and wellness products company Herbalife (NYSE:HLF) jumped 3.4% in the morning session after an analyst upgraded the company's stock to 'Buy' following strong third-quarter results.
Stocks making big moves yesterday: Under Armour, Western Alliance Bancorporation, Euronet Worldwide, Tapestry, and YETI
Check out the companies making headlines yesterday:
Lovesac (NASDAQ:LOVE) Misses Q3 CY2025 Revenue Estimates, Stock Drops
Furniture company Lovesac (NASDAQ:LOVE) fell short of the markets revenue expectations in Q3 CY2025, with sales flat year on year at $150.2 million. Next quarter’s revenue guidance of $246 million underwhelmed, coming in 5.7% below analysts’ estimates. Its GAAP loss of $0.72 per share was 4.6% below analysts’ consensus estimates.
The Top 5 Analyst Questions From Samsara’s Q3 Earnings Call
Samsara delivered a quarter that exceeded Wall Street’s expectations, with revenue growth fueled by continued expansion among large enterprise customers and increasing multiproduct adoption. Management highlighted that momentum was particularly strong in segments such as construction, public sector, and international markets, where the company saw accelerating growth. CEO Sanjit Biswas attributed this to Samsara’s ability to unify data and deliver actionable insights for complex operations, noting, “Large enterprises are quickly digitizing their operations, and they’re demanding a partner that delivers scale and performance.”
5 Revealing Analyst Questions From Smith & Wesson’s Q3 Earnings Call
Smith & Wesson’s third-quarter results were met with a positive market reaction, as the company outpaced Wall Street’s revenue and profit expectations despite a year-over-year sales decline. Management credited strong operational efficiency, disciplined inventory management, and the success of new product launches for supporting profitability. President and CEO Mark Peter Smith emphasized, “Our new products continue to be a significant catalyst, accounting for nearly 40% of sales in the quarter.” The company’s ability to increase average selling prices while reducing inventory levels was seen as a key contributor to stable retail performance, even as broader industry demand softened.