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RE/MAX (RMAX) Stock Is Up, What You Need To Know
Shares of real estate franchise company RE/MAX (NYSE:RMAX) jumped 3.3% in the afternoon session after the company announced the largest conversion in its history, significantly expanding its footprint in Canada.
Why Charter (CHTR) Stock Is Falling Today
Shares of cable, internet, and telephone services provider Charter (NASDAQ:CHTR) fell 3.8% in the afternoon session after Wells Fargo downgraded the stock, citing increasing competition and forecasting significant broadband subscriber losses.
Why Bloom Energy (BE) Stock Is Trading Up Today
Shares of electricity generation and hydrogen production company Bloom Energy (NYSE:BE) jumped 6.3% in the afternoon session after it continued a multi-day rally sparked by a landmark $2.65 billion agreement with American Electric Power (AEP) for its solid-oxide fuel cells.
Shake Shack (SHAK) Stock Is Up, What You Need To Know
Shares of fast-food chain Shake Shack (NYSE:SHAK) jumped 2.4% in the afternoon session after Deutsche Bank upgraded the stock to Buy from a previous Hold rating.
Why Wix (WIX) Shares Are Falling Today
Shares of website building platform Wix (NASDAQ:WIX) fell 4.7% in the afternoon session after Morgan Stanley lowered its price target on the stock, and the move was made worse by a broader sell-off in the technology sector.
Why Compass (COMP) Stock Is Up Today
Shares of real estate technology company Compass (NYSE:COMP) jumped 2% in the afternoon session after Barclays analyst Matthew Bouley raised the price target on the stock, signaling confidence in the company's potential growth.
Why Is KLA Corporation (KLAC) Stock Soaring Today
Shares of semiconductor manufacturing equipment maker KLA Corporation (NASDAQ:KLAC) jumped 8.3% in the afternoon session after Wells Fargo upgraded the stock to Overweight from Equal Weight, citing strong demand for advanced chips, while positive results from a major customer also lifted investor sentiment.
National Vision (EYE) Stock Trades Up, Here Is Why
Shares of optical retailer National Vision (NYSE:EYE) jumped 4.5% in the afternoon session after Morgan Stanley raised its price target on the company. The investment bank increased its target to $30.00 from a previous $26.00 while maintaining an "Equalweight" rating on the stock. The adjustment represented a more than 15% increase in the price target. This move came as the stock hit a new 52-week high, underscoring a period of strong performance.
Newmark (NMRK) Stock Is Up, What You Need To Know
Shares of real estate services firm Newmark (NASDAQ:NMRK) jumped 4.4% in the afternoon session after the company brokered the $425 million sale of The Shops at Skyview, a large retail center in Queens, New York.
Why Pure Storage (PSTG) Stock Is Up Today
Shares of data storage solutions provider Pure Storage (NYSE:PSTG) jumped 3.7% in the afternoon session after the company highlighted several positive business drivers during its presentation at the 28th Annual Needham Growth Conference.