Cano Health shares tumble as it explores sale, Pagaya and Archer Aviation stocks soar and other moving shares

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 97%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Archer Aviation, Pagaya, Cano Health and Arlo Technologies are among the biggest moving shares ahead of Friday's stock market open.

Archer Aviation Inc.‘s stock ACHR jumped more than 23% ahead of Friday’s market open after Boeing Co. BA invested an undisclosed amount in the air-taxi company.Archer Aviation Inc.‘s stock ACHR jumped more than 23% ahead of Friday’s market open after Boeing Co. BA invested an undisclosed amount in the air-taxi company.

Pagaya Techologies Ltd.’s PGY shares rose 13% after the AI-backed fintech data company forecast better-than-expected adjusted profit for the year.Shares of Cano Health Inc. CANO tumbled 48% after the primary-care provider and health-management platform said late Thursday there was “substantial doubt” about its ability to keep operating, and that it was cutting staff and exploring interest in a sale.

Shares of Arlo Technologies Inc. ARLO slipped 2% after the maker of security cameras, video doorbells, and other home-security electronics reported a narrower quarterly loss and revenue that fell but was above Wall Street expectations.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Pagaya stock rallies as AI-backed fintech data company raises profitability outlookPagaya Technologies shares rallied after hours Thursday after the AI-backed fintech data company's results.
Source: MarketWatch - 🏆 3. / 97 Read more »

Archer Aviation stock up 7% after Boeing investmentShares of Archer Aviation Inc. jumped 7% in the extended session Thursday after the air-taxi company company, Boeing Co.’s subsidiary Wisk Aviation and...
Source: MarketWatch - 🏆 3. / 97 Read more »