Video Credit: Cheddar Inc. - Duration: 07:07s - Published
Pops and Flops: Hertz, Zoom, and Chewy Stock
Hertz shares are popping after the company secured $1.65 billion in DIP financing after filing for bankruptcy.
The deal is pending as it waits for court approval.
Zoom shares are also up after asset management firm AB Bernstein raised the company's 12-month price target to $611, and Chewy stock is popping after its rating was upgraded to a buy by Jefferies.
Twitter shares are flopping after slow user growth is reported by the platform. However, the social media company did beat earnings expectations. Apparel and sports equipment company Under Armour stock..
Semiconductor company Inphi's shares are soaring after news that competitor Marvell is set to acquire the company in a $10 billion deal. Pinterest stock is also soaring after the company beat Q3..
Dunkin shares are soaring after news that the company is considering selling to a private company, Inspire Brands, a parent of several chain restaurants. SAP SE shares are flopping after a lackluster..
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