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TOPIC: Energy stocks higher but also benefited from an SE

Energy stocks higher but also benefited from an SE 2 years 8 months ago #349

  • mssiargao
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Dear friends,
Here the news of the top today's Market Movers (Part 2 of 2):

? $COG (Cabot Oil & Gas Corp) 7.25%
Energy stocks higher but also benefited from an SEC filing that named the company among two others potentially exploring a three-way merger. The other two companies were not named and the talks were last year so it's unclear if discussions are still on.

? $CPRI (Capri Holdings Ltd) 5.46%
The company behind fashion names like Versace, Jimmy Choo and Michael Kors upgraded its fiscal 2022 sales and earnings based on a stronger consumer heading into the summer. The company now sees sales at $5.1 billion, up 27% from a previous estimate.

? $AMD (Advanced Micro Devices Inc) 4.93
Continued to climb on strong demand for semiconductor chips as well as a rating upgrade from Wells Fargo analyst Aaron Rakers noting the recent delay of Intel's new chip would help AMD sales.

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