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Why Mercury Systems (MRCY) Shares Are Trading Lower Today
Shares of aerospace and defense company Mercury Systems (NASDAQ:MRCY) fell 3.9% in the afternoon session after speculation grew that the conflict between Russia and Ukraine might be nearing a resolution, impacting the broader defense sector.
Why Littelfuse (LFUS) Shares Are Falling Today
Shares of electronic component provider Littelfuse (NASDAQ:LFUS) fell 3.6% in the afternoon session after two of the company's top executives sold a significant amount of their shares.
Why JELD-WEN (JELD) Stock Is Up Today
Shares of building products manufacturer JELD-WEN (NYSE:JELD) jumped 2.6% in the afternoon session after an analyst at Jefferies raised the stock's price target, reflecting a more positive outlook on the company's future valuation.
Why Cars.com (CARS) Stock Is Trading Up Today
Shares of online new and used car marketplace Cars.com (NYSE:CARS) jumped 3.9% in the afternoon session as the stock garnered positive attention from analysts covering the company. A report covering five analysts showed a "Strong Buy" consensus rating. On average, these analysts set a price target of $17.70, which forecasted a potential 38.50% increase in the stock's value over the next year. The report noted that analysts believed the stock was likely to perform very well in the near future and significantly outperform the market.
Why Vestis (VSTS) Shares Are Plunging Today
Shares of uniform rental provider Vestis Corporation (NYSE:VSTS) fell 11.4% in the afternoon session after the company announced that its Chief Financial Officer, Kelly Janzen, would depart at the end of 2025.
IonQ (IONQ) Stock Trades Up, Here Is Why
Shares of quantum computing company IonQ (NYSE:IONQ) jumped 4.8% in the afternoon session after Jefferies initiated coverage on the company with a 'Buy' rating and set a price target of $100.
Why Cognex (CGNX) Stock Is Trading Up Today
Shares of machine vision technology company Cognex (NASDAQ:CGNX) jumped 5% in the afternoon session after Goldman Sachs issued a significant "double-upgrade" on the stock, moving its rating from Sell directly to Buy.
Why DraftKings (DKNG) Shares Are Sliding Today
Shares of fantasy sports and betting company DraftKings (NASDAQ:DKNG) fell 2.6% in the afternoon session after rival Robinhood Markets unveiled new features for its prediction market product, sparking concerns about increased competition.
Why Inter Parfums (IPAR) Stock Is Up Today
Shares of fragrance and perfume company Inter Parfums (NASDAQ:IPAR) jumped in the afternoon session after the company's Chairman and CEO, Jean Madar, acquired 25,000 shares of company stock.
Rush Street Interactive (RSI) Stock Trades Up, Here Is Why
Shares of online casino and sports betting company Rush Street Interactive (NYSE:RSI) jumped 3.1% in the afternoon session after an analyst at Susquehanna raised their price target on the stock and a favorable tax development in Colombia was reported. Susquehanna analyst Joseph Stauff maintained a "Positive" rating on the company and increased the price target to $23.00 from $22.00.