{"id":28317,"date":"2023-06-27T17:32:48","date_gmt":"2023-06-27T21:32:48","guid":{"rendered":"https:\/\/ifintechworld.com\/investing\/delta-air-lines-generac-stocks-rally-walgreens-and-lordstown-motors-shares-tumble-and-other-stocks-on-the-move\/"},"modified":"2023-06-27T17:32:49","modified_gmt":"2023-06-27T21:32:49","slug":"delta-air-lines-generac-stocks-rally-walgreens-and-lordstown-motors-shares-tumble-and-other-stocks-on-the-move","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=28317","title":{"rendered":"Delta Air Lines, Generac stocks rally, Walgreens and Lordstown Motors shares tumble, and other stocks on the move"},"content":{"rendered":"
\n

Here are some of the bigger and more-active movers on Tuesday.<\/p>\n

Stock gainers<\/strong><\/p>\n

Shares of Delta Air Lines Inc<\/strong>.
\n DAL,
\n +6.84%<\/bg-quote>
\n ascended more than 3% toward a 14-month high after the air carrier raised its full-year outlook for earnings and free cash flow.<\/p>\n

\n

Generac Holdings Inc<\/strong>. shares
\n GNRC,
\n +8.79%<\/bg-quote>
\n jumped 7% to pace the S&P 500 index\u2019s gainers, after Bloomberg reported that Chief Executive Officer Aaron Jagdfeld said the home generator company was seeing a dramatic increase\u201d in sales in its Texas region as that area suffers from a heat wave. <\/p>\n

Shares of Stratasys Ltd<\/strong>.
\n SSYS,
\n +6.22%<\/bg-quote>
\n shot up nearly 8% after the 3D printer maker received two unsolicited, increased buyout bids, a cash-and-stock bid from 3D Systems Corp<\/strong>.
\n DDD,
\n +10.22%<\/bg-quote>
\n and an all-cash bid from Nano Dimension Ltd<\/strong>.
\n NNDM,
\n +1.75%<\/bg-quote>.<\/span>
\n Stratasys said while it will review 3D Systems\u2019 revised bid, it hasn\u2019t changed its approval of the previously announced merger deal with Desktop Metal Inc.
\n DM,
\n +0.54%<\/bg-quote>.<\/span>
\n 3D Systems shares rallied more than 7%, Nano Dimension shares tacked on 1.3% and Desktop Metal\u2019s stock fell 1.1%.<\/p>\n

Tesla Inc.\u2019s <\/strong>stock
\n TSLA,
\n +3.80%<\/bg-quote>
\n rose nearly 2%, after dropping 6% on Monday following a ratings downgrade from Goldman Sachs. The stock\u2019s bounce comes even after Piper Sandler said it wouldn\u2019t be a surprise to see investors sell to cash in some of their gains after the stock\u2019s recent run up.<\/p>\n

Meta Platforms Inc<\/strong>. shares
\n META,
\n +3.08%<\/bg-quote>
\n rallied nearly 3% after Citi Research analyst Richard Josey boosted his price target by 14% to $360, making Josey the most bullish of the 59 analysts surveyed by FactSet, citing an improving online advertising market.<\/p>\n

Centogene NV<\/strong>\u2018s stock
\n CNTG,
\n +50.82%<\/bg-quote>
\n soared 51% after the genetic diagnostics company announced a joint venture with Lifera, a biopharmaceutical company owned by Saudi Arabia\u2019s Public Investment Fund.<\/p>\n

Circor International Inc<\/strong>.\u2019s stock
\n CIR,
\n +7.45%<\/bg-quote>
\n hiked up 8% toward a five-year high after the flow-control-products company agreed to an amended merger deal with KKR & Co<\/strong>.\u00a0
\n KKR,
\n +3.45%<\/bg-quote>
\n in which the per-share bid was raised to $51 from $49. The raised bid comes after Circor said it had received\u00a0an unsolicited buyout bid of $52.65 a share in cash.<\/p>\n

Snowflake Inc. <\/strong>shares SNOW gained 2% after announcing partnerships with Nvidia NVDA and Microsoft MSFT for artificial intelligence uses.<\/p>\n

Shares of AC Immune SA<\/strong>
\n ACIU,
\n +71.72%<\/bg-quote>
\n powered up 20% after the Swiss-based biotech said it has received U.S. Food and Drug Administration fast-track designation for an Alzheimer\u2019s disease treatment.<\/p>\n

Stock decliners<\/strong><\/p>\n

Shares of Walgreens Boots Alliance Inc<\/strong>.
\n WBA,
\n -9.34%<\/bg-quote>
\n tumbled 9.7% toward a 12-year low, after the drugstore chain and health care services company reported fiscal third-quarter profit that missed expectations and slashed its full-year outlook, citing \u201cchallenging consumer and macroeconomic conditions, and lower COVID-19 vaccine and testing volumes.\u201d<\/p>\n

Lordstown Motors Corp.<\/strong> shares
\n RIDE,
\n -17.18%<\/bg-quote>
\n slumped 37% as the electric vehicle maker filed for bankruptcy protection.<\/p>\n

Illumina Inc<\/strong>.\u2019s stock
\n ILMN,
\n -4.40%<\/bg-quote>
\n slumped 4.9% toward an 11-month low, after the DNA-sequencing company disclosed late Monday that it has begun laying off workers, as the company looks to cut costs amid a withering fight with activist investor Carl Icahn.<\/p>\n<\/p><\/div>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Here are some of the bigger and more-active movers on Tuesday. Stock gainers Shares of Delta Air Lines Inc. DAL, +6.84% ascended more than 3% toward a 14-month high after the air carrier raised its full-year outlook for earnings and free cash flow. Generac Holdings Inc. shares GNRC, +8.79% jumped 7% to pace the S&P […]<\/p>\n","protected":false},"author":1,"featured_media":28318,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[239],"tags":[83],"class_list":["post-28317","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-investing","tag-featured","post_format-post-format-video"],"yoast_head":"\nDelta Air Lines, Generac stocks rally, Walgreens and Lordstown Motors shares tumble, and other stocks on the move | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Here are some of the bigger and more-active movers on Tuesday. 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