Blue Apron notches triple-digit percentage gain while Nike rallies after earnings beat, boosting rivals as well as retailer Foot Locker

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 97%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Blue Apron, Nike, Foot Locker and Bionomics are stocks in the spotlight, while brewing behemoth Anheuser-Bush InBev is labeled a buy by Bank of America.

Blue Apron Holding Inc.’s stock APRN, +134.52% rocketed by 134% after food-delivery start-up Wonder said it would acquire the company for $13 a share or about $103 million, just a fraction of its $2 billion in 2017 when the company went public.

Budweiser, Bud Light, Corona, Goose Island and Stella Artois parent Anheuser-Busch InBev was labeled a buy, an upgrade from neutral, by Bank of America analysts. U.S.-listed shares BUD, +3.25% rose 3.5%. Shares of Nike NKE, +6.68% rallied 7% as the apparel maker, which is also part of the Dow Jones Industrial Average DJIA, reported better-than-expected earnings, news that also lifted shares of European rivals including Adidas ADS, +6.22% ADDYY, +6.07%.Walgreens Boots Alliance Inc.‘s stock WBA, +6.41% rose 6.2% as a top gainer among the Nasdaq 100 NDX as stocks reacted with gains to the latest inflation data.Bionomics BNOX, -19.

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.

Blue Apron notches triple-digit percentage gain while Nike rallies after earnings beat and boosts Foot Locker stockBlue Apron, Nike, Foot Locker and Bionomics are stocks in the spotlight
Source: MarketWatch - 🏆 3. / 97 Read more »

Stocks making the biggest moves before the bell: Nike, Blue Apron, Bumble and moreThese are the stocks posting the largest moves in premarket trading.
Source: CNBC - 🏆 12. / 72 Read more »