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Why Columbia Sportswear (COLM) Shares Are Sliding Today
Shares of outerwear manufacturer Columbia Sportswear (NASDAQ:COLM) fell 2.6% in the afternoon session after its competitor Nike forecasted a low-single-digit percentage revenue decline for its current quarter, raising concerns about the health of the athletic apparel industry. The news came after Nike released its second-quarter financial results.
Why DoorDash (DASH) Stock Is Trading Up Today
Shares of on-demand food delivery service DoorDash (NYSE:DASH) jumped 2.6% in the afternoon session after an analyst at Wedbush raised the company's price target.
Why Is RadNet (RDNT) Stock Rocketing Higher Today
Shares of diagnostic imaging company RadNet (NASDAQ:RDNT) jumped 5.2% in the afternoon session after Raymond James maintained its 'Strong Buy' rating on the stock and kept its price target at $95.00.
Why Is Kratos (KTOS) Stock Soaring Today
Shares of aerospace and defense company Kratos (NASDAQ:KTOS) jumped 5.9% in the afternoon session after KeyBanc initiated coverage on the company with an Overweight rating and a $90 price target.
Royal Caribbean (RCL) Stock Trades Up, Here Is Why
Shares of cruise vacation company Royal Caribbean (NYSE:RCL) jumped 2.6% in the afternoon session after its peer, Carnival Corporation, reported strong fourth-quarter financial results, lifting sentiment across the cruise industry.
Pegasystems (PEGA) Stock Is Up, What You Need To Know
Shares of low-code automation software company Pegasystems (NASDAQ:PEGA) jumped 3.7% in the afternoon session after reports indicated a "Buy" consensus rating from Wall Street analysts.
Vicor (VICR) Stock Trades Up, Here Is Why
Shares of power conversion and control solutions provider Vicor Corporation (NASDAQ:VICR) jumped 4.8% in the afternoon session after the stock reached a 52-week high, continuing a rally fueled by the company's strong financial performance.
Why Lindblad Expeditions (LIND) Stock Is Trading Up Today
Shares of cruise and exploration company Lindblad Expeditions (NASDAQ:LIND) jumped 4.1% in the afternoon session after the cruise sector rallied as industry peer Carnival reported a 'phenomenal year' with strong quarterly results and a rosy outlook.
Why Cars.com (CARS) Stock Is Nosediving
Shares of online new and used car marketplace Cars.com (NYSE:CARS) fell 5.1% in the afternoon session after the company announced a leadership change, with long-time CEO Alex Vetter set to step down.
VSE Corporation (VSEC) Stock Trades Up, Here Is Why
Shares of aviation and fleet aftermarket services provider VSE Corporation (NASDAQ:VSEC) jumped 3.1% in the afternoon session after an analyst from Citigroup initiated coverage on the stock with a 'Strong Buy' rating.