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Marvell Technology (MRVL) Stock Is Up, What You Need To Know
Shares of networking chips designer Marvell Technology (NASDAQ: MRVL) jumped 3.2% in the afternoon session after positive results from peer company Micron lifted the broader semiconductor sector.
Why Opendoor (OPEN) Stock Is Trading Up Today
Shares of technology real estate company Opendoor (NASDAQ:OPEN) jumped 4.4% in the afternoon session after the stock's positive momentum continued as the company announced executive changes designed to push forward its plans around homeownership tokenization, a move investors saw as a potential new growth driver.
Why Powell (POWL) Stock Is Trading Up Today
Shares of electrical energy control systems manufacturer Powell (NYSE:POWL) jumped 4% in the afternoon session after a key inflation report showed that price pressures eased more than anticipated.
Why Axon (AXON) Stock Is Up Today
Shares of self defense company AXON (NASDAQ:AXON) jumped 2.8% in the afternoon session after investor optimism was buoyed by a strong consensus among Wall Street analysts.
Why TTM Technologies (TTMI) Stock Is Trading Up Today
Shares of PCB manufacturing company TTM Technologies (NASDAQ:TTMI) jumped 9% in the afternoon session after analysts raised their price target on the stock, citing strong demand for the company's advanced printed circuit boards (PCBs) from the growing artificial intelligence sector.
PennyMac Mortgage Investment Trust (PMT) Stock Trades Up, Here Is Why
Shares of mortgage REIT PennyMac Mortgage Investment Trust (NYSE:PMT) jumped 3.5% in the afternoon session after Keefe, Bruyette & Woods upgraded the company's stock rating to 'Outperform' from 'Market Perform'. This move from the financial services firm indicated a more positive view of the company's financial prospects. Despite the improved rating, the analyst firm kept its price target for the stock unchanged at $13.50.
Why Cracker Barrel (CBRL) Stock Is Trading Up Today
Shares of restaurant company Cracker Barrel (NASDAQ:CBRL) jumped 2.5% in the afternoon session after positive results from competitor Darden Restaurants boosted investor sentiment across the restaurant sector.
Why Williams-Sonoma (WSM) Stock Is Up Today
Shares of kitchenware and home goods retailer Williams-Sonoma (NYSE:WSM) jumped 3.2% in the afternoon session after the company’s Board of Directors declared a quarterly cash dividend of $0.66 per share.
BrightSpring Health Services (BTSG) Stock Is Up, What You Need To Know
Shares of healthcare services provider BrightSpring Health Services (NASDAQ:BTSG) jumped 3.7% in the afternoon session after Mizuho raised its price target on the stock to $42 from $38, signaling confidence in the company's performance.
Amplitude (AMPL) Stock Trades Up, Here Is Why
Shares of digital analytics platform Amplitude (NASDAQ:AMPL) jumped 2.6% in the afternoon session after the investment firm BTIG initiated coverage of the company with a "Buy" rating and a $14 price target.