Index Investing News
Monday, May 26, 2025
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

SPCE, ADBE, SOFI, CAVA and more

by Index Investing News
June 17, 2023
in Stocks
Reading Time: 2 mins read
A A
0
Home Stocks
Share on FacebookShare on Twitter


Aircraft VMS EVE carries spacecraft VSS Unity during a flight test.

Virgin Galactic

Check out the companies making the biggest moves in premarket trading:

Virgin Galactic — Shares soared nearly 45% in premarket trading, a day after the company said its first commercial space tourism flight is set for later in June. Its second commercial flight is expected in early August, with monthly runs after that, the company said.

Adobe — The tech stock rallied nearly 5% following its earnings and revenue beat after the bell Thursday. The company also raised its forecast for the fiscal third quarter and full year. It expects to earn between $15.65 and $15.75 a share, after adjustments, on revenue in the range of $19.25 billion to $19.35 billion in fiscal 2023, which is on the high end of estimates.

iRobot — Shares surged more than 20% after Britain’s regulator, Competition and Markets Authority, approved Amazon’s $1.7 billion acquisition of the Roomba vacuum cleaner. Shares of Amazon were flat.

SoFi Technologies — Shares dropped about 6% after being downgraded by both Bank of America and Piper Sandler to neutral from buy. The Wall Street firms cited the stock’s high valuation, with Piper Sandler calling the financial technology firm a “long-term winner.” Oppenheimer also downgraded the stock Thursday due to its recent appreciation.

Cava Group — The newly debuted restaurant stock rose more than 4% in premarket trading Friday, extending its massive gains from Thursday’s session. Cava closed at $43.78 per share on its first day of trading Thursday, 99% above its IPO price of $22 per share.

Micron Technologies — The chip stock gained almost 3% following a report by Bloomberg that said Micron is close to sealing a $1 billion deal to build a new factory in India.

DraftKings — Shares rose more than 1% after the online betting company made a $195 million offer for PointsBet’s U.S. assets, outbidding Fanatics.

— CNBC’s Jesse Pound contributed reporting.



Source link

Tags: ADBECavaSoFiSPCE
ShareTweetShareShare
Previous Post

Putting the US Back in USTR

Next Post

What Virtual Production Means for Hollywood

Related Posts

THW: Revenue Traders Probably To Face A Large Distribution Minimize

THW: Revenue Traders Probably To Face A Large Distribution Minimize

by Index Investing News
May 25, 2025
0

This text was written byObserveTrapping Worth is a crew of analysts with over 40 years of mixed expertise producing choices...

LRGF: Low-Charge Issue ETF With Convincing Efficiency Is A Purchase (NYSEARCA:LRGF)

LRGF: Low-Charge Issue ETF With Convincing Efficiency Is A Purchase (NYSEARCA:LRGF)

by Index Investing News
May 25, 2025
0

This text was written byObserveVasily Zyryanov is a person investor and author.He makes use of numerous methods to seek out...

TreeHouse Meals: Effectivity Beneficial properties Priced In, Truthful Valuation Helps Maintain (NYSE:THS)

TreeHouse Meals: Effectivity Beneficial properties Priced In, Truthful Valuation Helps Maintain (NYSE:THS)

by Index Investing News
May 24, 2025
0

This text was written byObserveI'm an enthusiastic fairness analysis and funding analyst with a powerful curiosity in making use of...

Seagate Know-how Holdings plc (STX) Seagate 2025 Investor and Analyst Convention – (Transcript)

Seagate Know-how Holdings plc (STX) Seagate 2025 Investor and Analyst Convention – (Transcript)

by Index Investing News
May 23, 2025
0

Seagate Know-how Holdings plc (NASDAQ:STX) Seagate 2025 Investor and Analyst Convention Name Could 22, 2025 9:00 AM ET Firm Members...

2 BDCs That Qualify For The Retirement Earnings League

2 BDCs That Qualify For The Retirement Earnings League

by Index Investing News
May 23, 2025
0

This text was written byObserveRoberts Berzins has over a decade of expertise within the monetary administration serving to top-tier corporates...

Next Post
What Virtual Production Means for Hollywood

What Virtual Production Means for Hollywood

David Fincher Talks Remastering ‘Seven’ And More – Tribeca Festival – Deadline

David Fincher Talks Remastering ‘Seven’ And More – Tribeca Festival – Deadline

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

The reality about vice chairman’s function on the southern border

The reality about vice chairman’s function on the southern border

August 22, 2024
Just Listed | 10110 Cedar Point Boulevard #305

Just Listed | 10110 Cedar Point Boulevard #305

May 16, 2023
UK retail inflation falls to lowest level in a year, industry data shows

UK retail inflation falls to lowest level in a year, industry data shows

October 3, 2023
6 Rental Properties in 15 Months (While Working 3 Jobs!)

6 Rental Properties in 15 Months (While Working 3 Jobs!)

June 7, 2023
Polygon-Ethereum ERC-20 Bridge Is the Most Active, Locks .18 Billion

Polygon-Ethereum ERC-20 Bridge Is the Most Active, Locks $2.18 Billion

January 23, 2023
Bernie Sanders calls for income over  billion to be taxed at 100%

Bernie Sanders calls for income over $1 billion to be taxed at 100%

May 2, 2023
‘Meg Ryan Fall’ 2023: Shop Fall Fashion Inspired By the Rom-Com Star’s Iconic Style

‘Meg Ryan Fall’ 2023: Shop Fall Fashion Inspired By the Rom-Com Star’s Iconic Style

August 20, 2023
BMY Earnings: Highlights of Bristol-Myers Squibb’s Q3 2023 results

BMY Earnings: Highlights of Bristol-Myers Squibb’s Q3 2023 results

October 29, 2023
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In