Today's Morning Movers and Top Ratings: DPZ, BRK.A, MRNA, AS and More
Morning Movers
Gapping up
$Domino's Pizza(DPZ.US$ stock rose 7% after the restaurant chain hiked its dividend and gave the green light to further share repurchases.
$Freshpet(FRPT.US$ stock soared 12% after the pet-food manufacturer's fourth-quarter revenue and profit topped analyst estimates, helped by a rise in sales as it boosts media spending.
$PPG Industries(PPG.US$ stock rose 0.5% after the paints and coatings maker said it will review strategic alternatives for its architectural coatings business in the United States and Canada.
$Berkshire Hathaway-A(BRK.A.US$ stock rose 2.1% after Warren Buffett’s conglomerate posted its second straight record annual profit, with its chairman reassuring investors that it was 'built to last'.
Gapping down
$Intuitive Machines(LUNR.US$ stock fell 25% after the space exploration company said its spacecraft had tipped over shortly after touching down on the lunar surface.
$Moderna(MRNA.US$ stock fell 1.6% after HSBC downgraded its stance on the drugmaker to ‘reduce’ from ‘hold’, keeping a cautious stance on the overall market potential for Moderna's mRNA vaccine, projecting peak sales at $1.7 billion, which aligns with the lower end of the consensus range of $1.5 to $2.4 billion.
$Alcoa(AA.US$ stock fell 3.3% after the alumina producer Alcoa made a $2.2 billion offer for Australian peer and joint venture partner Alumina.
$Ford Motor(F.US$ stock fell 0.1% after the auto giant confirmed it had halted shipments of all of its 2024 model year F-150 Lightning trucks, citing quality checks for an unspecified issue.
Source: CNBC; Investing.com
US Top Rating Updates on 02/26
Source: Dow Jones
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cbnt : thanks
hayatib : good