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Why Enovis (ENOV) Stock Is Trading Up Today
Shares of medical technology company Enovis Corporation (NYSE:ENOV) jumped 6.8% in the afternoon session after Freedom Capital Markets initiated coverage on the company with a "Buy" rating and set a price target of $45.00. The price target suggested approximately 70% upside potential from where the stock was trading near its 52-week low. In its note, the firm stated that the medical technology company's improved competitive position was underappreciated by the market. The analyst also highlighted Enovis's Reconstructive surgical business, which accounted for roughly half of its projected 2025 total sales, was growing at an above-market rate.
Warby Parker (WRBY) Stock Trades Up, Here Is Why
Shares of eyewear retailer Warby Parker (NYSE:WRBY) jumped 2.7% in the afternoon session after Piper Sandler raised its price target on the company's stock.
Why Vicor (VICR) Stock Is Up Today
Shares of power conversion and control solutions provider Vicor Corporation (NASDAQ:VICR) jumped 4.1% in the afternoon session after Roth Capital initiated coverage on the company with a "Buy" rating and a $115 price target.
Why Applied Digital (APLD) Stock Is Down Today
Shares of digital infrastructure provider Applied Digital (NASDAQ:APLD) fell 6.1% in the afternoon session after a broader sell-off in the artificial intelligence (AI) infrastructure sector amid concerns over high valuations and potential share dilution. The stock's drop was part of a wider market pessimism for AI-related companies, as investors grew worried about heavy spending in the sector and how quickly those investments might be recouped.
Why Workiva (WK) Stock Is Up Today
Shares of cloud reporting platform Workiva (NYSE:WK) jumped 2.6% in the afternoon session after investment firm BTIG initiated coverage on the company with a "Buy" rating and a $105 price target.
RXO (RXO) Stock Trades Down, Here Is Why
Shares of freight Delivery Company RXO (NYSE:RXO) fell 4.1% in the afternoon session after BofA Securities lowered its fourth-quarter 2025 adjusted EBITDA forecast for the company, citing near-term capacity tightening.
Why Olaplex (OLPX) Shares Are Sliding Today
Shares of hair care company Olaplex (NASDAQ:OLPX) fell 8.7% in the afternoon session after its CEO, Amanda Baldwin, sold 398,560 shares of company stock, a transaction valued at $474,286.
Fulton Financial (FULT) Stock Is Up, What You Need To Know
Shares of regional banking company Fulton Financial (NASDAQ:FULT) jumped 3.9% in the afternoon session after its Board of Directors approved an increase in its quarterly dividend and authorized a new $150 million share repurchase program.
Inspire Medical Systems (INSP) Stock Is Up, What You Need To Know
Shares of medical technology company Inspire Medical Systems (NYSE:INSP) jumped 3% in the afternoon session after RBC Capital significantly raised its price target on the stock.
Why Texas Roadhouse (TXRH) Stock Is Trading Up Today
Shares of restaurant company Texas Roadhouse (NASDAQ:TXRH) jumped 2.9% in the afternoon session after an analyst at Wells Fargo upgraded the stock to “Overweight” from “Equal-Weight” and raised its price target.