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Tag: FREYR Battery SA

  • Shares making the most important strikes noon: Union Pacific, Fisker, Tesla, Zillow and extra

    A Union Pacific locomotive crosses Freeway 118 in Somis, California.

    Stephen Osman | Los Angeles Occasions | Getty Photographs

    Take a look at the corporations making headlines in noon buying and selling.

    Union Pacific – Union Pacific’s inventory won greater than 10% after the corporate introduced that its present CEO would step down in 2023. Financial institution of The us upgraded the railroad operator to a purchase from impartial score, mentioning the management trade.

    Fisker – Stocks of the electrical automobile startup surged greater than 30% after Fisker maintained its 2023 automobile manufacturing goal and mentioned it spent not up to expected in 2022. To make certain, the corporate posted a larger-than-expected loss and income pass over for the fourth quarter, in keeping with StreetAccount.

    Tesla – Stocks of Tesla rose just about 5.5% following a Reuters document that the corporate’s Brandenburg, Germany plant of the electrical automobile maker hit a manufacturing fee of four,000 automobiles a week forward of agenda.

    Albemarle — Albemarle stocks popped 3% after Wells Fargo named it a signature select, noting: “ALB stays our most popular expansion identify in chemical compounds, given its place as probably the most international’s greatest low cost lithium providers.”

    Freyr Battery — The battery maker’s inventory soared 13.2% after posted fourth-quarter effects. “We predict 2023 to be a in point of fact thrilling and transformative 12 months for FREYR and our 24M licensing companions as we transfer into reside battery manufacturing,” CEO Tom Jensen mentioned in a commentary.

    Seagen — Stocks jumped 10.4% after The Wall Side road Magazine reported that Pfizer is in early talks to obtain the most cancers drugmaker, which has a marketplace price of about $30 billion. There is not any ensure there will probably be a deal, in keeping with the document.

    Nomad Meals — The frozen meals corporate added 8.3% following an improve to shop for from impartial through Goldman Sachs, which known as the inventory an “horny funding alternative.”

    Frontier Communications — Stocks rose just about 5% after Raymond James upgraded the telecom inventory to robust purchase from outperform. The improve comes after Frontier posted on Friday better-than-expected effects for the fourth quarter. The corporate additionally gave robust full-year EBITDA steerage.

    Viatris — The well being care inventory misplaced 2.7% after Viatris reported income and pronouncing former Celgene COO Scott Smith would take over as CEO beginning April 1. Stocks have been ultimate down 0.1%, on the other hand.

    Alphabet — Google’s father or mother corporate won 0.8% after Financial institution of The us reiterated its obese score, mentioning the generation large’s alternatives inside of synthetic intelligence.

    Zillow — The net actual property platform won 2.1% after JPMorgan initiated protection of the inventory with an obese score. The Wall Side road company mentioned Zillow’s core call for generation-based industry type, cast margins and lively proportion repurchase program will assist the company navigate the near-term trade demanding situations. JPMorgan’s value goal of $48 in line with proportion represents an upside of just about 20%.

    Pulmonx — Stocks jumped just about 6% following an improve to obese from equivalent weight through Wells Fargo. The company mentioned the clinical generation corporate’s inventory has a wonderful valuation.

    Krispy Kreme — The donut maker ticked up however closed unchanged following a statement that McDonald’s will start promoting Krispy Kreme donuts at 150 places in Kentucky for a restricted time beginning subsequent month. The quick-food chain first examined the donuts at its places in October. McDonald’s ended the consultation up 0.4%

    — CNBC’s Samantha Subin, Pia Singh, Yun Li and Tanaya Macheel contributed reporting

  • Shares making the most important strikes noon: Lyft, Spotify, Expedia, Yelp and extra

    Ramin Talaie | Corbis Information | Getty Photographs

    Take a look at the firms making headlines in noon buying and selling.

    Lyft — The ridesharing inventory cratered 36.4% after issuing disappointing steerage for its first quarter. Lyft additionally were given hit by way of a slew of downgrades from analysts who stated Uber would possibly glance higher situated to capitalize at the broader restoration in ridesharing. Uber stocks had been additionally down 4.4%.

    Spotify — Stocks of the song streamer jumped 3.6% after information that ValueAct has taken a stake within the corporate. Spotify not too long ago reported fourth-quarter effects that confirmed sturdy person enlargement.

    Expedia — The commute corporate’s inventory toppled 8.6% after falling in need of analysts’ earnings and profits expectancies for the new quarter. Expedia posted adjusted profits of $1.26 a proportion on revenues of $2.62 billion. Analysts referred to as for profits of $1.67 in line with proportion on $2.70 billion in earnings, in keeping with Refinitiv.

    Yelp — Yelp’s inventory jumped 3.2% after fourth-quarter earnings beat analysts expectancies, in keeping with Refinitiv. The corporate posted profits that had been in keeping with estimates.

    Verify — The purchase now, pay later inventory shed 5.8% following a downgrade to equivalent weight from an obese ranking by way of Morgan Stanley. The Wall Boulevard company stated that Verify’s choices seem too targeted.

    PayPal — PayPal stocks traded 3% upper after CEO Dan Schulman introduced plans to retire from the web bills corporate by way of the top of the yr.

    VF Corp — Stocks rose 0.9% after Stifel upgraded the attire maker to a purchase from a hang. Stifel stated the corporate, which is the mum or dad of manufacturers together with Trucks and The North Face, was once at a lovely inventory value following a selloff at the again of a dividend lower.

    FREYR Battery — Stocks of the battery producer climbed 1.5% after Financial institution of The usa initiated protection of the inventory with a purchase ranking. Financial institution of The usa stated the startup’s battery mobile design and skill to lift capital made it a powerful candidate to develop into a bigger corporate.

    Cloudflare — The cybersecurity inventory added slightly under 3.3%. Past due Thursday, Cloudflare posted beats at the peak and backside traces for the fourth quarter. The corporate earned an adjusted 6 cents in line with proportion on $275 million in earnings. Analysts surveyed by way of Refinitiv had been anticipating 5 cents in line with proportion and $274 million of earnings. Cloudflare’s full-year earnings steerage additionally crowned estimates.

    Deutsche Financial institution — Stocks fell 3% after Financial institution of The usa downgraded Deutsche Financial institution to underperform from impartial, announcing the Ecu financial institution is “suffering to reinforce profitability.”

    Newell Manufacturers  — Stocks of the shopper items had been remaining up 1.2%. Newell supplied first-quarter and full-year EPS and earnings steerage that neglected analysts’ estimates, in keeping with StreetAccount. CEO Ravi Saligram additionally introduced his retirement, efficient Might 16.

    Motorola Answers — Stocks rose 5.6% after Motorola Answers beat analysts’ expectancies on each the highest and backside traces for the new quarter, in keeping with FactSet.

    Doximity — Doximity stocks shed just about 13% on lighter-than-expected steerage for the present quarter and whole yr. The decline in stocks got here in spite of a top-and-bottom line beat on analysts’ expectancies, in keeping with FactSet.

    Topgolf Callaway Manufacturers — The golfing corporate’s inventory fell 2.6% after the corporate posted a per-share lack of 27 cents, apart from pieces. Adjusted profits earlier than pastime, taxes, depreciation and amortization for the fourth quarter got here in underneath analysts’ expectancies, in keeping with FactSet.

    — CNBC’s Jesse Pound, Alex Harring, Michelle Fox, Sarah Min and Yun Li contributed reporting

  • Shares making the largest premarket strikes: Lyft, Expedia, Yelp and extra

    The Lyft Motive force Hub is noticed in Los Angeles, California.

    Lucy Nicholson | Reuters

    Take a look at the firms making the largest strikes in premarket buying and selling:

    Lyft — The ride-sharing corporate cratered 31.5% after issuing vulnerable steerage in its fiscal first-quarter income record. Lyft mentioned it anticipates about $975 million in income, not up to the $1.09 billion analysts anticipated, in line with StreetAccount. A number of analysts therefore downgraded the inventory.

    Expedia — The trip corporate’s stocks fell 2.4% after a disappointing quarterly income record. The corporate reported adjusted income according to percentage of $1.26 on income of $2.62 billion. Analysts had estimated income of $1.67 according to percentage on income of $2.70 billion, in line with Refinitiv.

    Yelp — The shopper evaluate platform won greater than 5% within the premarket after it posted fourth-quarter income of $309 million, topping analysts’ expectancies of $307 million. Income according to percentage have been in step with estimates.

    Cloudflare — The cloud carrier supplier posted quarterly income that beat expectancies after the bell Thursday. Cloudflare was once up just about 8% within the premarket.

    Freyr Battery — Stocks of the battery production corporate rose 4% after Financial institution of The usa initiated protection of the inventory with a purchase score. The Wall Boulevard company mentioned Freyr is months clear of its first main catalyst, manufactured cells.

    Verify — Verify stocks shed 3.7% prior to the bell after Morgan Stanley downgraded the buy-now-pay-later inventory to equivalent weight from an outperform score following its newest income effects. In step with the Wall Boulevard company, Verify’s providing seems too restricted.

    Deutsche Financial institution — Stocks of the German financial institution dipped greater than 3% in pre-market buying and selling after Deutsche Financial institution was once downgraded to underperform from impartial at Financial institution of The usa. The funding company mentioned in a word to purchasers that Deutsche Financial institution’s expansion stays “quantity reliant” and that different Ecu friends have been extra sexy.

    DexCom — The scientific software corporate won 3.5% within the premarket after reporting adjusted earnings-per-share of 34 cents, as opposed to the 27 cents anticipated by means of analysts, according to StreetAccount. Income additionally beat expectancies. Previous this week, DexCom unveiled its Tremendous Bowl advert that includes Nick Jonas.

    Newell Manufacturers — The mother or father corporate of Rubbermaid and Yankee Candle slumped 7.5% after reporting income that overlooked analysts’ expectancies. CEO Ravi Saligram mentioned the corporate was once impacted by means of a difficult running surroundings, together with slowing client call for.

    — CNBC’s Samantha Subin, Hakyung Kim, Jesse Pound and Michael Bloom contributed reporting.

  • Shares making the most important strikes noon: Freyr Battery, Sew Repair, Normal Generators, Trupanion and extra

    Normal Generators’ Cheerios on the market on a shop shelf.

    Lisa Baertlein | Reuters

    Take a look at the corporations making headlines in noon buying and selling Wednesday.

    Freyr Battery — Stocks of the electrical car battery maker shot up 17.6% after Morgan Stanley stated the corporate’s value goal used to be double the place it’s now. The bull estimate for the associated fee used to be 3 times over its present value.

    Sew Repair — Sew Repair used to be up about 12%, even after the corporate posted downbeat quarterly numbers. The net styling corporate misplaced 89 cents according to percentage within the earlier quarter on a web income that used to be down 16% from the similar quarter a 12 months in the past.

    Normal Generators — Stocks of the meals manufacturer jumped 7% after the corporate posted a better-than-expected quarterly benefit. Normal Generators additionally raised its full-year gross sales forecast amid upper costs and robust call for for cereal, snacks and dog food.

    Trupanion — The inventory complex 5.4% after Jefferies initiated protection of Trupanion with a purchase score, announcing the puppy insurance coverage corporate is definitely situated for extra positive aspects forward at the puppy well being development.

    Chemours — Chemours stocks fell greater than 3% after the chemical substances corporate reduced its full-year steering. The corporate now sees adjusted EBITDA between $1.4 billion and $1.45 billion, beneath prior steering of $1.475 billion and $1.575 billion.

    Sotera Well being — Sotera Well being stocks dropped greater than 7% after JPMorgan downgraded the corporate to underweight from obese, mentioning dangers from greater than 700 exceptional trials.

    Aurora Hashish — Stocks of the hashish manufacturer tumbled 7% after the corporate reported a breakeven quarter, on an adjusted foundation. Analysts had predicted a quarterly loss. Aurora’s general income got here in reasonably beneath expectancies.

    Past Meat — Stocks of Past Meat jumped 3% after the corporate introduced it had suspended Leader Running Officer Doug Ramsey after he used to be arrested Saturday on fees of terroristic threatening and third-degree battery after an incident at a faculty soccer recreation. The corporate introduced Tuesday that Jonathan Nelson, senior vice chairman of producing operations, will oversee Past’s operations actions on an period in-between foundation.

    Coty — The inventory rose 5.6% after the wonder corporate stated it has a technique to double skin care gross sales through fiscal 12 months 2025. The announcement got here forward of Coty’s investor tournament Wednesday morning.

    Arista Networks — Stocks of the cloud products and services supplier rose 3.6% after Barclays upgraded the inventory to shop for, announcing that Arista can maintain its income expansion over the following few years.

    Lockheed Martin, Raytheon Applied sciences, Northrop Grumman, L3Harris — Protection shares moved upper on Wednesday after Russia president Vladimir Putin introduced a partial army mobilization for the struggle in Ukraine, signaling that the war will proceed within the months forward. Stocks of Lockheed Martin, Raytheon and Northrop Grumman all rose greater than 2%. L3 Harris rose greater than 3%.

    PayPal — The inventory climbed 1.8% after Financial institution of The united states added PayPal to its US1 checklist of best concepts. The company took out Visa, although that inventory stays buy-rated.

    — CNBC’s Alex Harring, Yun Li, Tanaya Macheel, Jesse Pound and Carmen Reinicke contributed reporting