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Rocket Companies (RKT) Stock Is Up, What You Need To Know
Shares of fintech mortgage provider Rocket Companies (NYSE:RKT) jumped 2.8% in the afternoon session after an analyst at Keefe, Bruyette & Woods raised the company's price target to $20 from $18.
Why Etsy (ETSY) Stock Is Trading Up Today
Shares of online marketplace Etsy (NASDAQ:ETSY) jumped 2.9% in the afternoon session after the company announced its board of directors approved a new $750 million share repurchase authorization.
Fluence Energy (FLNC) Stock Trades Up, Here Is Why
Shares of electricity storage and software provider Fluence (NASDAQ:FLNC) jumped 3.9% in the afternoon session after a Goldman Sachs analyst raised the company's price target by 30% to $26 and maintained a "Buy" rating on the stock.
Coherent (COHR) Stock Trades Up, Here Is Why
Shares of materials and photonics company Coherent (NYSE:COHR) jumped 3.8% in the afternoon session after Morgan Stanley raised its price target on the stock to $180 from $150.
Why Kinsale Capital Group (KNSL) Stock Is Up Today
Shares of specialty insurance provider Kinsale Capital Group (NYSE:KNSL) jumped 4.4% in the afternoon session after a director disclosed significant open-market purchases of company stock, signaling strong insider confidence.
Why Is Bally's (BALY) Stock Rocketing Higher Today
Shares of gaming, betting and entertainment company Bally's Corporation (NYSE:BALY) jumped 6.3% in the morning session after the stock's positive momentum continued as the New York State Gaming Commission officially granted the company one of three new casino licenses for New York City.
Roku (ROKU) Stock Trades Up, Here Is Why
Shares of streaming TV platform Roku (NASDAQ: ROKU) jumped 3.6% in the morning session after Guggenheim maintained its Buy rating on the company but increased its price target to $115 from $110.
Why Coastal Financial (CCB) Stock Is Up Today
Shares of banking services provider Coastal Financial (NASDAQ:CCB) jumped 3.9% in the morning session after the stock continued a recent rally fueled by robust earnings growth forecasts and strong institutional confidence in its community banking operations. The upward trend reflected a sustained period of positive investor sentiment, which had pushed the shares up significantly over several trading days. The main drivers for this momentum were expectations of solid future profits and notable trust from large investors in the bank's business model.
Why Dine Brands (DIN) Stock Is Trading Up Today
Shares of casual restaurant chain Dine Brands (NYSE:DIN) jumped 2.8% in the morning session after positive results from competitor Darden Restaurants lifted investor sentiment for the broader restaurant industry.
Why Shopify (SHOP) Stock Is Up Today
Shares of e-commerce platform Shopify (NYSE:SHOP) jumped 4.8% in the morning session after a broader tech rally was sparked by favorable inflation data.