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Hershey Shares Fall

Hershey Shares Fall as Mondelez Announces $9B Stock Buyback Plan

Hershey shares fall in Pre-Market Trading Hershey shares fall shares experienced a decline during pre-market trading. This drop followed an announcement from Mondelēz International, Inc. (NASDAQ: MDLZ) about a substantial new share repurchase program. Mondelez’s $9 Billion Buyback Plan Mondelēz revealed that starting January 1, 2025, it will launch a $9 billion stock buyback program …

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DocuSign Shares Surge

DocuSign Shares Surge 15% on Strong Q3 Results and Positive Outlook

DocuSign Inc. (NASDAQ: DOCU) saw its stock surge by more than 15% after the company reported impressive third-quarter results, beating analysts’ expectations, and provided a positive outlook for the remainder of the year. Q3 Performance Exceeds Expectations For the third quarter ending on October 31, 2024, DocuSign posted adjusted earnings per share (EPS) of $0.90, …

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Roku stock climbs

Roku stock climbs as Needham predicts a potential acquisition in 2025.

Roku stock climbs on Acquisition Speculation by Needham Roku (ROKU) stock gained 4.6% in premarket trading on Wednesday after Needham & Company reaffirmed its Buy rating and $100 price target. Needham’s Bold Prediction: A High-Premium Acquisition in 2025 Needham analysts foresee Roku being acquired at a significant premium within the next 12 months. They attribute …

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Microstrategy Stock Rises

MicroStrategy Stock Rises 14% Following Convertible Bond Offering Expansion

MicroStrategy Stock Rises on $2.6 Billion Convertible Bond Offering MicroStrategy stock rises by over 14% ahead of Thursday’s market open. The surge followed the company’s decision to increase its planned convertible bond offering to $2.6 billion, up from the initial target of $1.75 billion. This move signals further Bitcoin purchases for the company, reinforcing its …

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ESS Tech Falls

ESS Tech Falls 19% After Earnings Miss and Analyst Downgrades

ESS Tech Falls 19% on Unexpected Q3 Losses Shares in ESS Tech Inc. (NYSE: GWH) plunged nearly 19% in premarket trading on Thursday, following a significant earnings miss for fiscal Q3 2024. The energy storage provider reported much weaker-than-expected results, disappointing investors and analysts. Disappointing Financial Results for Q3 2024 ESS reported a third-quarter loss …

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Novavax Stock Surges

Novavax Stock Surges as FDA Lifts Clinical Hold on Its COVID-19 and Flu Vaccine

Novavax Stock Surges Novavax Stock Surges has lifted its clinical hold on Novavax’s late-stage trial for its COVID-19 and influenza combination vaccine, as well as its standalone flu vaccine. Novavax (NASDAQ: NVAX) announced the news on Monday, resulting in a 13% increase in the company’s stock in premarket trading. Initial Hold Due to Participant’s Health …

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Sony shares surge

Sony Shares Surge After 73% Profit Increase and Upgraded Forecast

Sony Shares Surge Sony shares surge 73% increase in group operating profit for the July-September quarter, primarily fueled by strong performance in its gaming and network segment. This surge highlights the effectiveness of Sony’s diversified business strategy, which spans music, movies, gaming, and semiconductor products. Steady Annual Profit Outlook The company’s diversified portfolio allowed Sony …

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Vimeo stock surges

Vimeo Stock Surges Following Strong Q4 Revenue Forecast

Vimeo Stock Surges on Strong Q4 Forecast Vimeo stock surges over 18% in premarket trading on Tuesday. This boost came after the video platform released a Q4 revenue and operating income forecast that exceeded Wall Street expectations. Q3 Results Beat Analyst Projections In addition to the upbeat forecast, Vimeo’s Q3 results also outperformed market projections: …

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E.W Scripps Stock Surges

E.W. Scripps Stock Surges 6% After Achieving Record-Breaking Political Ad Revenue

E.W. Scripps Stock Surges 6% on Record Political Ad Revenue E.W Scripps Stock Surges 6% following the announcement of record third-quarter revenue driven by strong political advertising. Although the media company reported earnings below estimates, the impressive revenue growth helped boost investor confidence. Earnings Miss, But Revenue Exceeds Expectations For Q3, E.W. Scripps reported an …

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Morocco Stock Market

Morocco Stock Market Ends Higher with 0.21% Gain in All Shares Index

Moroccan Stock Market Rise with Key Gains in Holding, Real Estate, and Distributors Sectors Moroccan stock market closed with gains driven by strong performances in the Holding Companies, Real Estate, and Distributors sectors. At the close in Casablanca, the Moroccan All Shares Index increased by 0.21%. Top Performers: S2M, Jet Contractors, and Fenie Brossette Leading …

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