Morning Movers Gapping up $Sana Biotechnology (SANA.US)$saw its shares skyrocket by 260% following the announcement of positive results from a study involving its allogeneic primary islet cell therapy, UP421. The therapy was successfully tested on a type 1 diabetes patient without the need for immunosuppression. $Absci Corp (ABSI.US)$shares surged 57% after the company announced a collaboration with$Advanced Micro Devices (AMD.US)$to accele...
Morning Movers Gapping up $Paramount Global-B (PARA.US)$'s shares increased by 2.5% following reports that the company might enter exclusive sale discussions with Skydance. $Dave & Buster's Entertainment (PLAY.US)$'s shares surged by 5% after the company raised its share repurchase authorization to $200 million, despite reporting weaker-than-expected fourth-quarter earnings and revenue. $Cal-Maine Foods (CALM.US)$shares climb...
Sherman Miller, CEO of Cal-Maine Foods, sees the acquisition as an opportunity to expand operations, partner with local growers, and potentially boost free-range capacity. The central location and strong workforce in Dexter are beneficial for the company's supply and distribution.
Packaged food stocks held their ground in Q3, with share prices up 9.1% on average. Lamb Weston saw the fastest revenue growth among its peers, while Cal-Maine had the slowest.
Cal-Maine Foods' notable drop in net income and lackluster sales hint at a bearish view. The company's challenges and legal issues suggest a negative outlook, yet its planned acquisition could offer a new income stream enhancing future performance.
The deal is seen as a key chance for Cal-Maine to broaden its geographic reach and improve production and distribution in Missouri. The acquisition aligns with the firm's growth strategy to expand via selective acquisitions.
Cal-Maine Foods Stock Forum
$Toast (TOST.US)$ $Cal-Maine Foods (CALM.US)$ $Advanced Micro Devices (AMD.US)$ $Vanguard S&P 500 ETF (VOO.US)$
Gapping up
$Sana Biotechnology (SANA.US)$ saw its shares skyrocket by 260% following the announcement of positive results from a study involving its allogeneic primary islet cell therapy, UP421. The therapy was successfully tested on a type 1 diabetes patient without the need for immunosuppression.
$Absci Corp (ABSI.US)$ shares surged 57% after the company announced a collaboration with $Advanced Micro Devices (AMD.US)$ to accele...
Gapping up
US-listed Chinese stocks extend stimulus-fueled surge in the US pre-market trading session, with $Li Auto (LI.US)$ climbing over 9%, $NIO Inc (NIO.US)$ increasing more than 5%, $Alibaba (BABA.US)$ advancing over 4%, and $PDD Holdings (PDD.US)$ gaining over 6%.
$Marathon Oil(Delisted) (MRO.US)$ rose 2.1% and $Occidental Petroleum (OXY.US)$ was up 1.6% as oil prices increased following Iran's attack on Israel.
$Cal-Maine Foods (CALM.US)$ gained 1....
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Gapping up
$Paramount Global-B (PARA.US)$ 's shares increased by 2.5% following reports that the company might enter exclusive sale discussions with Skydance.
$Dave & Buster's Entertainment (PLAY.US)$ 's shares surged by 5% after the company raised its share repurchase authorization to $200 million, despite reporting weaker-than-expected fourth-quarter earnings and revenue.
$Cal-Maine Foods (CALM.US)$ shares climb...
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