Gainers
Kadmon Holdings, Inc. (NASDAQ: KDMN) rose 75.7% to $9.31 in pre-market trading after France's Sanofi announced plans to buy the company in a $1.9 billion deal.
Some of the stocks that may grab investor focus today are:
Wall Street expects Korn Ferry (NYSE: KFY) to post quarterly earnings at $1.07 per share on revenue of $540.51 million before the opening bell. Korn Ferry shares rose 0.7% to $73.50 in after-hours trading.
A new law put into effect in Texas will make it illegal to get an abortion after six weeks of pregnancy. The rule has been a strongly contested topic across the country and is leading to some companies speaking out against the law and raising money.
Bumble Inc (NASDAQ: BMBL) shares are trading higher, reversing from earlier weakness after the company reported Q2 earnings results and issued Q3 and FY21 guidance.
Bumble (NASDAQ:BMBL) reported quarterly losses of $(0.06) per share. The company reported quarterly sales of $186.00 million which beat the analyst consensus estimate of $177.51 million by 4.78 percent.
Analysts and brokerage firms often use ratings when they issue stock recommendations to stock traders.
Analysts arrive at stock ratings by researching public financial statements, communicating with executives and customers and following industry trends.
With over 87% of S&P 500 companies already having beaten revenue and profit expectations, we're in for another round of Q2 corporate earnings, along with key jobs and inflation data.