Keurig Dr Pepper recently received an upgrade from analysts, who believe that the beverage stock is set to experience growth once again. The analysts from Morgan Stanley have raised their rating on Keurig's shares to Overweight from Equal Weight, while maintaining a price target of $36. As of midday trading, the stock has already shown positive movement, with a 1.8% increase to … [Read more...] about Keurig Dr Pepper Receives Analyst Upgrade
Apple’s Market Cap Falls Below $3 Trillion Amid Market Downturn
Apple, the tech giant known for its innovative products, has experienced a decline in its market capitalization, falling below the coveted $3 trillion mark. This setback was triggered by a broader market selloff, driven by unexpectedly strong U.S. jobs growth. Last Friday, Apple marked a historic milestone as its market cap closed above $3 trillion, making it the first public … [Read more...] about Apple’s Market Cap Falls Below $3 Trillion Amid Market Downturn
Caribou Biosciences Receives $25 Million Investment from Pfizer
Shares of Caribou Biosciences, a clinical-stage genome-editing biopharmaceutical company, saw a significant surge in premarket trading following news of a $25 million equity investment from drug giant Pfizer. This investment has been made at a healthy premium and has propelled Caribou's shares up by 36% to $5.56 during premarket trading. Pfizer purchased approximately 4.69 … [Read more...] about Caribou Biosciences Receives $25 Million Investment from Pfizer
Cava Group Stock Surges, Analysts Bullish on Expansion
Cava Group stock has witnessed a remarkable rise since its initial public offering, and experts believe that this upward trend will continue as the Mediterranean restaurant chain expands its operations. A Strong Start Founded in 2010, Cava (ticker: CAVA) made its debut in the stock market on June 15 at an IPO price of $22. To everyone's surprise, the stock soared by 99% on its … [Read more...] about Cava Group Stock Surges, Analysts Bullish on Expansion
Used Car Prices Fall, Boosting Shares of Used Car Dealers
The month of June witnessed a significant easing in used car prices, leading to a surge in the shares of used car dealers. According to the Manheim Used Vehicle Value Index, which serves as a key indicator of car prices, there was a remarkable 10.3% decline in June compared to the previous year. This marks the tenth consecutive month of annual declines and sets a record for the … [Read more...] about Used Car Prices Fall, Boosting Shares of Used Car Dealers
