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%

Philippines News News

Philippines Philippines Latest News,Philippines Philippines 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.

 

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

Philippines Philippines Latest News, Philippines Philippines 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 »