June 19, 2024

Brighton Journal

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Electronic Arts, VMWare, GameStop, and more

Electronic Arts, VMWare, GameStop, and more

Take a look at some of the biggest drivers of Primarkt:

electronic arts (EA) — Shares of the video game maker rose 2.5% in the primary market after Puck News reported that the company was actively looking for a partner or buyer. EA has reportedly had talks with Walt Disney (DIS), apple (AAPL) and Amazon (AMZN), among others.

VMWare (VMW) – Shares of the cloud computing company are up 21.3% in pre-market trading after several reports It’s in advanced conversations To be purchased by the chip maker from Broadcom (AVGO). The two companies are said to be discussing a cash and stock deal that could happen soon, according to people familiar with the matter. Broadcom slipped 4.3%.

Jim Stop (GME) — GameStop jumped 3.5% in pre-market trading after the video game retailer launched a digital wallet for cryptocurrency and NFT.

HP Inc. (HPQ) — The computer and printer maker’s rating was downgraded to “neutral” from “buy” at Citi, based on moderate demand for computers in the near to medium term. HP is down 2.7% in pre-market activity.

Pfizer (PFE) – Pfizer & Partner Biotechnology (BNTX) delivered three doses of the Covid-19 vaccine Strong protection for children under the age of fiveAccording to preliminary data. BioNTech stock is up 1.8% in premarket trading, while Pfizer is up 0.2%.

Motorola Solutions (MSI) — Morgan Stanley has upgraded the communications equipment and software company’s inventory to “overweight” from “equal weight,” with a number of positive trends including increased demand for video surveillance. Motorola Solutions gained 2.5% in the primary market.

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Emerging Biosolutions (EBS) — The biopharmaceutical company’s stock is up 11.1% in premarket trading, amid growing concerns about the spread of monkeypox. Emergent is a supplier of smallpox vaccine, which can be used as protection against monkeypox.

Autodesk (ADSK) — The design software company’s stock fell 3.9% in pre-market activity after RBC lowered its target price per share to $255 a share from $295 a share. RBC said the consensus on street earnings could be too high and that Autodesk needs to achieve consistency in its results to increase investor confidence.

Boeing (BA) — Boeing rose 1% in pre-market trading after its Starliner spacecraft successfully docked with the International Space Station over the weekend.

Corning (GLW) — Shares of the materials sciences company fell 2.6% in the primary market after Citi cut the rating to “neutral” from “buy,” citing lower demand for computers and tablets affecting Corning’s optical components business. Citi also notes the uncertainty about recovering demand for premium and large format TVs.