Movers & Shakers: Wolf stock climbs on supply deal, Rivian rises on van rollout for Amazon, while UPS shares fall, and other stocks the move
Rivian's stock climbed Wednesday after Amazon said it had rolled out the first delivery vans from the electric-vehicle maker. UPS, Microsoft shares were also active.
: Raymond James downgrades Wabash National to market perform from strong buy
Raymond James analyst Felix Boeschen on Wednesday cut his rating on Wabash National Corp. WNC by two notches to market perform from strong buy. Boeschen...
: Nio, XPeng stocks fall in wake of disappointing economic data out of China
The U.S.-listed shares of China-based electric-vehicle makers pulled back Wednesday, after disappointing services activity data out of China fueled concerns over weakening demand. Nio Inc.’s...
: HSBC’s Global Private Banking unit launches in India
HSBC Holdings Plc HSBCUK:HSBA said Wednesday its Global Private Banking unit has launched in India with a focus on clients with investable assets of more...
: Phinia stock to debut on NYSE, after spinning off from BorgWarner
Phinia Inc.’s stock PHIN.WI is set to debut on the New York Stock Exchange (NYSE) on Wednesday, following the completion of the company’s separation from...
: Wolfspeed stock moves up sharply on $2 bln payment for wafers
Wolfspeed Inc. WOLF stock is up 15.4% in premarket trades on Wednesday after the silicon carbide materials specialist said it executed a $2 billion deposit...
: UPS stock falls as accusations fly over 340,000-employee Teamsters contract talks
UPS Corp. UPS stock is down 2.7% in premarket trades on Wednesday after the UPS Teamsters National Negotiating Committee said the company provided an “unacceptable”...
: Organon and Samsung Bioepis launch Humira biosimilar Hadlima in the U.S.
Organon & Co. OGN and partner Samsung Bioepis Co. Ltd. said Wednesday they have launched their Humira biosimilar Hadlima in the U.S. The move comes...
: C3.ai stock pulls back premarket
C3.ai Inc.’s stock AI was down 1.5% in premarket trades Wednesday, pulling back after ending Monday’s session up 2.9%. Shares of the artificial intelligence software...