Saturday, May 31, 2025
  • Login
Euro Times
No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
Euro Times
No Result
View All Result

Wynn Resorts, Planet Fitness, AMC, Lyft and more

by Euro Times
September 27, 2022
in Stock Market
Reading Time: 3 mins read
A A
0
Home Stock Market
Share on FacebookShare on Twitter


An exterior view shows Encore Las Vegas (L) and Wynn Las Vegas as the coronavirus continues to spread across the United States on March 15, 2020 in Las Vegas, Nevada.

Ethan Miller | Getty Images

Check out the companies making headlines in midday trading.

Las Vegas Sands, Wynn Resorts — Shares of the casino operators soared about 12% after Macao announced its plan to allow Chinese tour groups back in the casinos as soon as November. The Macau government said that it will resume visitation access from Mainland China through tours and e-visa in a few months. Jefferies upgraded the duo to buy from hold following the reopening announcement.

related investing news

CNBC Pro
Here are Monday’s biggest analyst calls: Planet Fitness, Lyft and more

Li Auto, Xpeng — The Chinese electric vehicle makers all saw shares increase after Beijing announced an extension of tax breaks on electric vehicles. Xpeng went up about 4.8%. Li, a competitor, jumped about 5.6% despite cutting guidance for the third quarter.

Chegg — Shares of the educational tech company jumped 9.1% after Needham upgraded the company to a buy rating from hold. The firm has a $28 price target on Chegg’s shares, representing 48% upside from Friday’s close.

Vertical Aerospace — The Bristol, England-based builder of electric vertical take-off and landing aircraft test flew its VX4 eVTOL model for the first time over the weekend, while tethered to the ground. Shares slumped 20%.

Atlas — Shares of the asset management company increased 3.7% following a statement from Poseidon Acquisition that it had increased its bid to $15.50 per share, up from $14.45. Poseidon called the bid its “final and best offer.”

Core Laboratories — Shares of the energy company fell 4.2% after Morgan Stanley downgraded Core Laboratories to underweight from equal weight. Morgan Stanley said that Core appeared to have less upside for free cash flow than its peers and an outsized international exposure that could weigh on results.

Planet Fitness – The gym stock jumped 1.2% after Raymond James upgraded Planet Fitness to strong buy from market perform. The investment firm cited a “highly resilient business model” and clean balance sheet as reasons to be optimistic about the stock.

AMC Entertainment — Shares of the movie theater giant and meme-stock favorite dropped 14.5% following news that AMC would likely sell up to 425 million units of APE, its preferred shares. APE leapt roughly 5%.

Kimco Realty — Shares of the real estate investment trust fell 4.1%, making it the worst performer in the S&P 500. Kimco, which hit a 52-week low, invests in shopping centers. The real estate sector overall underperformed within the broad-market index, down more than 3%.

PG&E — The utility company was up 1.1%, continuing a pre-market rally. PG&E will replace Citrix Systems in the S&P 500, the S&P Dow Jones Indices said Friday. 

LAVA Therapeutics — The health company shot up 97.5% after the announcement that Seagen will produce LAVA’s tumor-targeting therapy. LAVA will receive $50 million up front with the potential for up to $650 million more as part of the agreement.

Amazon — Shares of the ecommerce giant were up 1.2% following news of a Prime Day-like event for members coming in October.

Lyft – Shares of the ride hailing company fell about 3.4% after UBS downgraded the stock to neutral from a buy. The firm said it’s skeptical that Lyft can deliver top-line growth at the industry level.

Estée Lauder — The cosmetics company was up 1.5% after the announcement of a partnership with BALMAIN focused on luxury beauty products.

— CNBC’s Yun Li, Jesse Pound, Tanaya Macheel, Scott Schnipper and Darla Mercado contributed reporting



Source link

Tags: AMCfitnessLyftPlanetResortsWynn
Previous Post

Why Mastercard Launched First NFT Card With This Crypto App

Next Post

Russia Grants Full Citizenship to NSA Whistleblower Edward Snowden

Related Posts

Catalyst: Solid Business Model Propels Growth For This Buy And Build Pharma (NASDAQ:CPRX)

Catalyst: Solid Business Model Propels Growth For This Buy And Build Pharma (NASDAQ:CPRX)

by Out of Ignorance
May 31, 2025
0

This text was written byObserveWriting beneath the pseudonym "out of ignorance", I very a lot regard investing as a studying...

Dividend Champion, Contender, And Challenger Highlights: Week Of June 1

Dividend Champion, Contender, And Challenger Highlights: Week Of June 1

by Index Investing News
May 31, 2025
0

This textual content was written by Justin Laws has a Ph.D in Chemistry from Rice Faculty and has earned the...

John Hancock Income Fund Q1 2025 Commentary (JHFIX)

John Hancock Income Fund Q1 2025 Commentary (JHFIX)

by John Hancock Investment Management
May 31, 2025
0

This text was written byObserveAn organization of Manulife Funding Administration, John Hancock Funding Administration serves traders via a singular multimanager...

Report: Tariff Influence on B2B Resale Market

Report: Tariff Influence on B2B Resale Market

by Index Investing News
May 30, 2025
0

As tariff threats proceed to disrupt world present chains and drive up retail prices, every retailers and clients are rethinking...

EIM: Diversified Muni CEF For Monthly Income With Improving Distribution Coverage

EIM: Diversified Muni CEF For Monthly Income With Improving Distribution Coverage

by Nick Ackerman
May 30, 2025
0

This text was written byComply withNick Ackerman is a former monetary advisor utilizing his expertise to supply protection on closed-end...

Why I Imagine Tesla Will Quickly Grow to be Unprofitable (NASDAQ:TSLA)

Why I Imagine Tesla Will Quickly Grow to be Unprofitable (NASDAQ:TSLA)

by Index Investing News
May 31, 2025
0

This textual content was written by Hiya there, welcome to my profile. My establish is Eugenio Catone, I reside in...

Next Post
Russia Grants Full Citizenship to NSA Whistleblower Edward Snowden

Russia Grants Full Citizenship to NSA Whistleblower Edward Snowden

The Complete List Of All 97 Materials Stocks

The Complete List Of All 97 Materials Stocks

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

SEC Commissioner Breaks Down Staking—Who’s Safe, What’s Covered

SEC Commissioner Breaks Down Staking—Who’s Safe, What’s Covered

May 31, 2025
Why India’s hotels enjoy highest EV per room globally

Why India’s hotels enjoy highest EV per room globally

May 31, 2025
Ethereum’s 50% rally setup vs. Bitcoin sparks altseason hopes

Ethereum’s 50% rally setup vs. Bitcoin sparks altseason hopes

May 31, 2025
Enlightened Americans should stay and fight, not leave | Politics

Enlightened Americans should stay and fight, not leave | Politics

May 31, 2025
Insurance stocks Lemonade, Mercury among biggest financial gainers of the week

Insurance stocks Lemonade, Mercury among biggest financial gainers of the week

May 31, 2025
China asks Nepal to join its new international mediation organisation

China asks Nepal to join its new international mediation organisation

May 31, 2025
Euro Times

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Finance
  • Health
  • Investing
  • Markets
  • Politics
  • Stock Market
  • Technology
  • Uncategorized
  • World

LATEST UPDATES

SEC Commissioner Breaks Down Staking—Who’s Safe, What’s Covered

Why India’s hotels enjoy highest EV per room globally

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In