All articles tagged with #stock jump
Nestle's shares surged the most since 2008 after beating sales expectations and announcing 16,000 job cuts as part of a new cost-cutting strategy under CEO Philipp Navratil, leading to a rapid reassessment of its stock prospects.
Electronic Arts stock surged nearly 15% after reports that a group of investors, including Silver Lake, Saudi Arabia's Public Investment Fund, and Jared Kushner's Affinity Partners, are close to a $50 billion deal to take the company private, potentially the largest leveraged buyout ever.
Compass is acquiring Anywhere Real Estate in an all-stock deal valued at $10 billion, leading to a nearly 60% surge in Anywhere's shares and an 84% premium for shareholders, with the merger expected to close in the second half of 2026.
Best Buy's stock surged after reporting better-than-expected Q2 earnings, highlighting strong financial performance.
TJX Companies' stock surged following strong second-quarter earnings and an upward revision of their guidance, indicating positive financial performance.
Micron Technology raised its fiscal Q4 revenue guidance to approximately $11.2 billion due to improved DRAM pricing and strong execution, leading to a jump in its stock price.
Alphabet's stock (GOOGL) surged following the early reveal of the Google Pixel 10, indicating positive market reaction to the upcoming device launch.
Activist investor Carl Icahn disclosed a 9.91% stake in JetBlue Airways Corp., leading to a 19% jump in the airline's stock. Icahn has had talks with management about potential board representation, as JetBlue evaluates steps to return to profitability following legal setbacks. The news coincided with Joanna Geraghty taking over as CEO and Icahn adding directors to the board of American Electric Power Co.