April 26, 2024

La Ronge Northerner

Complete Canadian News World

Tesla, Beyond Meat, Coinbase, and more

Tesla, Beyond Meat, Coinbase, and more

Take a look at some of Primarkt’s biggest drivers:

Tesla (TSLA) – Tesla will ask shareholders for permission Issuance of additional shares At the upcoming annual meeting so you can pay the dividend, according to the company’s tweet. The additional shares will enable the company to split its shares. Tesla jumped 5.4% in the market.

Beyond Meat (BYND) — Beyond Meat fell 5.1% in the primary market after Piper Sandler cut the stock to “neutral” from “underweight.” Piper notes increased competition for plant-based meat alternatives, as well as a lower positive outlook for the country’s nationwide impact McDonald’s (MCD) launch.

Queen Piece (COIN) – The cryptocurrency exchange operator is said to be close to concluding a deal to buy 2TM, the parent company of Brazilian crypto brokerage Mercado Bitcoin, according to a local newspaper. The newspaper said the deal could close by the end of April. Coinbase is up 4.2% in the primary market.

an Apple (AAPL) – Apple will reportedly cut production of the planned iPhone SE by 20% in the next quarter, according to a report from Japan’s Nikkei news service citing weaker-than-expected demand. Apple shares fell 1.2 percent in pre-market trading.

poly (Poly) – a communications technology company has agreed to acquire it HP Inc. (HPQ) for $40 a share, compared to Poly’s Friday closing of $26.20 a share. The two companies expect the deal to close before the end of this year.

foot locker (Florida) — The stock of the athletic shoe and apparel retailer fell 1.7% in pre-market trading after Quinn cut it to “outperform the market” from “outperform.” Despite the inexpensive assessment, Quinn said, investors may be underestimating the potential impact of inflation.

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Barclays (BCS) – Barclays lost 3.1% in pre-market trading after the British bank disclosed a loss of nearly $592 million as a result of mishandling bond trading. It also said it would postpone its planned share buyback as a result.

AMC Entertainment (AMC) — AMC CEO Adam Aron told Reuters the company will do more “transformational” deals after investing $27.9 million in the gold and silver mining operator. Haycroft Mining (HYMC) earlier this month. AMC added 2.2% in the primary market, while Hycroft — a small stock with a market value of $77.3 million as of Friday’s close — is up 32.8%.

Uber technologies (Uber) – Uber Earn a new 30-month license To work in London. The passenger service has been involved in a dispute with regulators for the past five years over safety issues and lost its license to operate twice during that time.

Hasbro (HAS) — Hasbro has rejected a settlement offer with activist investor Alta Fox Capital based on two candidates, according to people familiar with the matter who spoke to Reuters. Alta Fox owns a 2.5% stake in the playmaker, and the two sides have been negotiating to avoid proxy competition.