Check out the companies making the biggest moves midday: Mirion Technologies — The radiation detection name fell more than 8% after it announced a common stock offering of $300 million. Mirion is also selling $250 million in convertible bonds. Worthington Steel — The metal processing company dropped 8% on mixed fiscal first-quarter results. While sales…
Check out the companies making the biggest moves midday: Vital Energy — The energy company surged 13% after announcing it will be acquired by Crescent Energy for $3.1 billion . The deal is expected to close by year-end. MP Materials — Shares of the mining company jumped nearly 7%. While a catalyst wasn’t immediately clear,…
Check out the companies making headlines before the bell: Under Armour — The retail stock tumbled 21% after the American sportswear company posted first-quarter results that missed estimates. Under Armour reported adjusted earnings of 2 cents per share, lower than the FactSet consensus estimate of 3 cents per share. Revenue of $1.10 billion came in…
Check out the companies making the biggest moves in premarket trading: PepsiCo — The snack and beverage company rose 3% following its second-quarter beat on both the top and bottom lines. Adjusted earnings came in at $2.12 per share on revenues of $22.73 billion, versus the $2.03 per share on revenue of $22.28 billion, according…
Check out the companies making the biggest moves midday: Penn Entertainment — The gaming stock dropped more than 5% following the release of weak regional gaming revenue data. On Friday, Iowa and Indiana both reported year-over-year declines in statewide gaming revenues. For Penn Entertainment revenues specifically, Iowa saw a 14% slide compared to last year,…
Check out the companies making the biggest moves midday: MP Materials — The rare earth miner soared more than 47% after the company announced the Defense Department would buy $400 million in preferred stock . “We remain a thriving public company. We now have a great new partner in our economically largest shareholder, DoD, but…
