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Why Installed Building Products (IBP) Shares Are Trading Lower Today
Shares of building products installation services company Installed Building Products (NYSE:IBP) fell 2.4% in the afternoon session after peer Lennar (LEN) reported disappointing quarterly results and a soft outlook, dragging down the broader homebuilding sector.
Why Alta (ALTG) Stock Is Down Today
Shares of equipment distribution company Alta Equipment Group (NYSE:ALTG) fell 4.2% in the afternoon session after the stock continued its slide as the company reported disappointing third-quarter financial results.
Why Shoals (SHLS) Shares Are Sliding Today
Shares of solar energy systems company Shoals (NASDAQ:SHLS) fell 2% in the afternoon session after Morgan Stanley downgraded the company's stock to 'Equal-Weight' from 'Overweight' and lowered its price target.
Why CONMED (CNMD) Stock Is Trading Up Today
Shares of medical tech company CONMED (NYSE:CNMD) jumped 3.3% in the afternoon session after positive sentiment in the medical device sector was buoyed by the highly successful initial public offering (IPO) of medical supply giant Medline (MDLN).
Why Tilray (TLRY) Shares Are Falling Today
Shares of cannabis company Tilray Brands (NASDAQ:TLRY) fell 5.2% in the afternoon session after the stock gave back some of its recent gains, which were fueled by reports that the U.S. administration was considering reclassifying marijuana.
Artivion (AORT) Stock Is Up, What You Need To Know
Shares of medical device company Artivion (NYSE:AORT) jumped 4.6% in the afternoon session after analyst firm Canaccord Genuity reaffirmed its Buy rating and $51.00 price target, pointing to the company's growth potential.
Portillo's (PTLO) Stock Is Up, What You Need To Know
Shares of casual restaurant chain Portillo’s (NASDAQ:PTLO) jumped 3.2% in the afternoon session after the restaurant chain provided updates on its national expansion plans, including breaking ground for a new location in Frisco, Texas.
Why Nextracker (NXT) Stock Is Trading Lower Today
Shares of solar tracker company Nextracker (NASDAQ:NXT) fell 2.3% in the afternoon session after Jefferies Financial Group downgraded the stock. The investment firm lowered its rating on the solar company from "strong-buy" to "hold."
Why Is NerdWallet (NRDS) Stock Rocketing Higher Today
Shares of financial guidance platform NerdWallet (NASDAQ:NRDS) jumped 6% in the afternoon session after the company announced its Board of Directors approved an increase to its share repurchase program, boosting the total authorized amount to $125 million.
Why Winnebago (WGO) Stock Is Up Today
Shares of RV Manufacturer Winnebago (NYSE:WGO) jumped 4.4% in the afternoon session after an analyst at Benchmark maintained a "Buy" rating and a $42.00 price target on the stock ahead of the company's first-quarter earnings report.