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Why Nextracker (NXT) Stock Is Up Today

What Happened? Shares of solar tracker company Nextracker (NASDAQ:NXT) jumped 12.9% in the morning session after the company reported impressive first quarter 2025 (fiscal fourth quarter) results which blew past analysts' revenue, EPS, and EBITDA expectations. In addition, its full-year revenue guidance outperformed Wall …

EODHD | 16 May 2025

Boot Barn (BOOT) Shares Skyrocket, What You Need To Know

What Happened? Shares of clothing and footwear retailer Boot Barn (NYSE:BOOT) jumped 19.3% in the morning session after the company reported strong fourth-quarter results as its profit margins and EBITDA beat expectations, but its sales and earnings per share came in a bit short. …

EODHD | 16 May 2025

Why Dick's (DKS) Shares Are Plunging Today

What Happened? Shares of sporting goods retailer Dick’s Sporting Goods (NYSE:DKS) fell 14.2% in the morning session after the company announced the acquisition of footwear retailer Foot Locker for $2.4 billion. DKS would pay with some of its cash and take on new debt. …

EODHD | 16 May 2025

Thoma Bravo Sells Remaining $3.4 Billion Nasdaq Stake

(Bloomberg) -- Thoma Bravo sold its remaining stake in Nasdaq Inc. for proceeds of about $3.4 billion, according to people familiar with the matter. Most Read from Bloomberg As Coastline Erodes, One California City Considers ‘Retreat Now’ How a Highway Became San Francisco’s Newest …

EODHD | 16 May 2025

Tesla Insider Sells $198 Million in Shares While Musk's U.S. Role Looms

May 15 - Robyn Denholm, Tesla's board chair, sold about $198 million of her company shares over the past six months, according to a New York Times analysis of securities filings. Those sales, which bring her lifetime profit from Tesla stock to more than …

EODHD | 16 May 2025

Novartis (NVS) Upgraded to Buy: What Does It Mean for the Stock?

Novartis (NVS) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The sole determinant …

EODHD | 16 May 2025

What Makes TransMedics (TMDX) a New Buy Stock

TransMedics (TMDX) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. A company's changing earnings …

EODHD | 16 May 2025

Sumitomo Mitsui (SMFG) Upgraded to Strong Buy: Here's What You Should Know

Sumitomo Mitsui (SMFG) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices. The Zacks …

EODHD | 16 May 2025

Bank of Hawaii (BOH) Upgraded to Strong Buy: Here's Why

Investors might want to bet on Bank of Hawaii (BOH), as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices. …

EODHD | 16 May 2025

What Makes UL Solutions Inc. (ULS) a Strong Momentum Stock: Buy Now?

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of …

EODHD | 16 May 2025