Markets

Company News for October 01, 2015

• Twitter, Inc.'s ( TWTR ) shares gained 5.3% following news that the company may declare Jack Dorsey, a co-founder of Twitter, as its permanent CEO

• Shares of Chesapeake Energy Corporation ( CHK ) jumped 8% after announcing that it will reduce its entire workforce by 15% for better cost efficiency

• Ralph Lauren Corporation's ( RL ) surged 13.6% after the company named Stefan Larsson, president of The Gap, Inc.'s (GPS) Old Navy brand, as a new CEO, who will replace Ralph Lauren himself

• Shares of Advance Auto Parts Inc. ( AAP ) soared 11.1% on news that activist hedge fund Starboard Value has acquired a 3.7% stake in the company

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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