Company News for Jun 27, 2024

  • Rivian Automotive Inc.’s (RIVN) shares soared 23.2% following news that the company secured a $5 billion investment from Volkswagen Group.
  • Shares of Whirlpool Corp. (WHR) jumped 17.1% following news, citing people familiar with the matter that Bosch is considering making an offer for the, the company.
  • Shares of UniFirst Corp. (UNF) climbed 14% after the company reported third-quarter fiscal 2024 adjusted earnings per share of $2.19, surpassing the Zacks Consensus Estimate of $1.88.
  • Progress Software Corp.’s (PRGS) shares surged 12.8% after reporting second-quarter fiscal 2024 adjusted earnings per share of $1.09, outpacing the Zacks Consensus Estimate of $0.95.

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Analysts may be seriously underestimating these stocks. When they announce earnings, they could immediately jump +10-20%.

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Whirlpool Corporation (WHR) : Free Stock Analysis Report

Unifirst Corporation (UNF) : Free Stock Analysis Report

Progress Software Corporation (PRGS) : Free Stock Analysis Report

Rivian Automotive, Inc. (RIVN) : Free Stock Analysis Report

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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.

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