Latest Stories
Why Wynn Resorts (WYNN) Stock Is Up Today
Shares of luxury hotels and casino operator Wynn Resorts (NASDAQ:WYNN) jumped 4.1% in the afternoon session after the compay was added to Goldman Sachs' 'Conviction Buy' list, with the firm citing strength in its Las Vegas business and improvements in the Macau region. The investment firm maintained its Buy rating and set a price target of $145 per share. Goldman's positive view on Macau was supported by data showing the region's gaming revenue grew 14.4% in November compared to the previous year, marking the tenth straight month of gains. The encouraging analyst note and strong Macau performance helped send shares toward their multi-year highs during the session.
Why Noodles (NDLS) Stock Is Up Today
Shares of casual restaurant chain Noodles & Company (NASDAQ:NDLS) jumped 4% in the afternoon session after investment firm Galloway Capital Partners disclosed a 6% stake in the restaurant chain. The position, which amounted to 2.81 million shares, was detailed in a regulatory filing. Galloway Capital Partners stated its belief that the company's current stock price did not reflect its true value. The investment firm also urged Noodles & Company's management to implement strategies to protect and enhance shareholder equity, suggesting a potential activist role aimed at improving the company's performance and stock value.
Stitch Fix (SFIX) Stock Is Up, What You Need To Know
Shares of personalized clothing company Stitch Fix (NASDAQ:SFIX) jumped 2.6% in the afternoon session after an analyst at Telsey Advisory Group reaffirmed a "Market Perform" rating on the stock. The analyst, Dana Telsey, also maintained the price target at $6.00 per share. This decision indicated a consistent view from the advisory group regarding the company's valuation in recent months. The reaffirmation of both the rating and the price target suggested the firm's outlook on Stitch Fix's performance remained steady without any significant changes to its previous assessment.
Why Post (POST) Stock Is Down Today
Shares of packaged foods company Post (NYSE:POST) fell 3% in the afternoon session after the company announced it intended to commence a private offering of $1.3 billion in senior notes due in 2036. The offering was subject to market and other conditions. Post planned to use the money raised to pay back all of its outstanding 5.50% senior notes that were due in 2029, covering any associated costs and fees. Any leftover funds could be used for general company purposes, such as acquisitions or other debt repayment. The move came as the broader stock market also started the month on a weak note, with major indices falling, which may have added to the negative investor sentiment.
Leggett & Platt (LEG) Shares Skyrocket, What You Need To Know
Shares of manufacturing company Leggett & Platt (NYSE:LEG) jumped 15.2% in the afternoon session after bedding manufacturer Somnigroup International proposed to acquire the company in an all-stock deal valued at about $1.6 billion. Under the terms of the unsolicited proposal, Leggett & Platt shareholders would receive Somnigroup common stock valued at $12.00 for each share they owned. This price represented a 30.3% premium to Leggett & Platt's average closing price over the previous 30 trading days. Leggett & Platt confirmed it received the non-binding offer and its Board of Directors planned to carefully review it with financial and legal advisors. The company also told its shareholders that no action was needed at the time.
DoorDash (DASH) Stock Is Up, What You Need To Know
Shares of on-demand food delivery service DoorDash (NYSE:DASH) jumped 4.3% in the afternoon session after a director at the company and partner at a major investor, Sequoia Capital, purchased approximately $100 million worth of its shares.
Chegg (CHGG) Stock Trades Down, Here Is Why
Shares of online study and academic help platform Chegg (NYSE:CHGG) fell 8.7% in the afternoon session after the Federal Trade Commission (FTC) took action against peer company Illuminate Education, Inc. over a major data breach. The FTC's complaint alleged that Illuminate's security failures led to a hack that exposed the personal data of more than 10 million students. This news raised concerns among investors about the possibility of increased regulatory scrutiny and data security issues across the entire education technology industry. The action against a fellow company in the sector appeared to negatively affect investor confidence in other education technology stocks.
Why Dave (DAVE) Shares Are Sliding Today
Shares of digital banking platform Dave (NASDAQ:DAVE) fell 7.6% in the afternoon session after investor sentiment soured following significant stock sales by company insiders and a recent ratings downgrade. Negative sentiment was driven by reports of substantial open-market selling from key executives. Over the previous year, insiders sold $91.3 million worth of Dave stock in high-impact transactions. Adding to the concerns, Weiss Ratings downgraded Dave Inc. from a 'buy' rating to a 'hold' rating on November 24, 2025. These events created a negative outlook for the stock among investors, contributing to the decline in its share price.
Why Shopify (SHOP) Stock Is Down Today
Shares of e-commerce platform Shopify (NYSE:SHOP) fell 3.9% in the afternoon session after technical issues caused a merchant-facing outage on Cyber Monday, one of the most critical sales days of the year.
The Pennant Group (PNTG) Stock Trades Up, Here Is Why
Shares of senior living provider The Pennant Group (NASDAQ:PNTG) jumped 4.5% in the afternoon session after the stock drew attention amid a positive consensus from market analysts. Analysts covering the company held a consensus 'Buy' rating. Based on the average price target from six analysts, the stock had a potential upside of over 22%, with forecasts pointing to a price of $34.33 over the next year. Individual price targets ranged from a low of $28 to a high of $40, reflecting a generally optimistic outlook on the company's future performance.