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DraftKings (DKNG) Stock Is Up, What You Need To Know
Shares of fantasy sports and betting company DraftKings (NASDAQ:DKNG) jumped 3.2% in the morning session after Benchmark initiated coverage on the stock with a 'Buy' rating and a $37 price target. The investment firm cited the company's strong performance in New York as a key reason for its positive outlook. Benchmark also pointed to potential growth from a possible expansion into Missouri as another factor supporting its rating. This action contributed to a broadly favorable view of the company among Wall Street analysts.
Why ArcBest (ARCB) Stock Is Up Today
Shares of freight Delivery Company ArcBest (NASDAQ:ARCB) jumped 4% in the morning session after the company reported a 1% year-over-year increase in revenue per day for November, stemming previous declines.
Why UL Solutions (ULS) Stock Is Trading Lower Today
Shares of safety certification company UL Solutions (NYSE:ULS) fell 4.8% in the morning session after the company announced a secondary public offering of 12.5 million shares of its Class A common stock. The offering consisted entirely of shares sold by a major stockholder, UL Standards & Engagement. UL Solutions itself did not offer any shares and did not receive any proceeds from the transaction. This type of sale can create downward pressure on a stock's price by increasing the number of shares available on the market. When a large, existing shareholder sells a significant amount of stock, it can sometimes worry investors about the company's outlook, contributing to the negative reaction.
Why WillScot Mobile Mini (WSC) Stock Is Up Today
Shares of temporary space provider WillScot (NASDAQ:WSC) jumped 3% in the morning session after analysts highlighted positive business momentum, including strong demand for its services. The company's rental rates showed a year-over-year increase of 9% and 5% in recent quarters. Additionally, WillScot's focus on higher-end solutions, such as its FLEX and cold storage offerings, led to significant growth rates of 30% each. This suggested the company was successfully expanding into more complex services. The stock also traded ex-dividend, with shareholders of record on December 3rd, 2025, set to receive a dividend of $0.07 per share on December 17th, 2025.
Why D.R. Horton (DHI) Stock Is Trading Up Today
Shares of homebuilder D.R. Horton (NYSE:DHI) jumped 3.1% in the morning session after BTIG initiated coverage on the company with a "Buy" rating and a $186 price target.
Old Dominion Freight Line (ODFL) Stock Is Up, What You Need To Know
Shares of freight carrier Old Dominion (NASDAQ:ODFL) jumped 4.3% in the morning session after investors focused on improved pricing power despite a drop in shipping volumes reported in the company's November operational update.
Why Paramount (PSKY) Stock Is Down Today
Shares of multinational media and entertainment corporation Paramount (NASDAQ:PARA) fell 5.4% in the morning session after reports surfaced that the company submitted a cash bid for Warner Bros. Discovery, an offer that was met with caution amid negative analyst sentiment.
Uber (UBER) Stock Trades Up, Here Is Why
Shares of ride sharing and on-demand delivery platform Uber (NYSE:UBER) jumped 2.8% in the morning session after the company launched a robotaxi service in Dallas and also received a notable analyst upgrade. The new service, a partnership with Avride, allowed riders in parts of Dallas to be matched with a fully electric, self-driving Hyundai Ioniq 5. This move marked a significant step in the company's push toward autonomous mobility. Adding to the positive sentiment, Arete Research upgraded Uber's stock from 'Neutral' to 'Buy.' The research firm also substantially raised its price target on the shares from $82 to $125, signaling strong confidence in the company's direction.
Why Covenant Logistics (CVLG) Stock Is Trading Up Today
Shares of freight and logistics provider Covenant Logistics (NASDAQ:CVLG) jumped 3.5% in the morning session after positive industry reports pointed toward a strengthening U.S. ground freight market. A market update from shipping giant Maersk provided a positive outlook, noting that while demand was mixed, capacity was contracting and load-to-truck ratios were climbing, which signaled “further rate firmness ahead.” This suggested trucking companies could see better pricing. Adding to the sector-wide optimism, less-than-truckload carrier Saia reported that its tonnage, a key measure of freight volume, turned positive in November, reversing a three-month slide. The news lifted investor sentiment across the trucking industry. This positive trend occurred even as the sector faced challenges, highlighted by the recent closure of a national trucking company, 10 Roads Express, due to what was described as a “Great Freight Recession.”.
QuinStreet (QNST) Shares Skyrocket, What You Need To Know
Shares of performance marketing company QuinStreet (NASDAQ:QNST) jumped 7.7% in the morning session after the company agreed to acquire HomeBuddy, a digital marketplace for home services, for $190 million. The deal involved $115 million in cash at closing, with an additional $75 million in payments spread over four years. HomeBuddy, which connects homeowners with service professionals, generated about $141 million in revenue for the twelve months that ended September 30, 2025. QuinStreet expected the acquisition to immediately boost its financial results, projecting an addition of at least $30 million to its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) in the first year after the transaction closed. This move placed QuinStreet more firmly in the large and growing home improvement sector.