{"id":45643,"date":"2023-08-07T21:44:11","date_gmt":"2023-08-08T01:44:11","guid":{"rendered":"https:\/\/ifintechworld.com\/uncategorized\/midday-movers-warner-bros-discovery-tyson-foods-sovos-brands-and-more\/"},"modified":"2023-08-07T21:44:13","modified_gmt":"2023-08-08T01:44:13","slug":"midday-movers-warner-bros-discovery-tyson-foods-sovos-brands-and-more","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=45643","title":{"rendered":"Midday movers: Warner Bros. Discovery, Tyson Foods, Sovos Brands and more"},"content":{"rendered":"<div>\n<div id=\"imgCarousel\" class=\"imgCarousel\">\n<p><span class=\"text\">\u00a9 Reuters <\/span><br \/>\n<i class=\"imgGrad\"><\/i>\n<\/div>\n<p>Investing.com &#8212; U.S. stocks rose on Monday, starting the week off on a positive note ahead of a key inflation report due out Thursday.<\/p>\n<p>Here are some of the biggest U.S. stock movers today:<\/p>\n<ul>\n<li>\n<p><strong>Apple<\/strong> (NASDAQ:) stock fell 2.2% after its disappointing iPhone sales report. Rosenblatt downgraded the tech giant to Buy from Neutral.<\/p>\n<\/li>\n<li>\n<p><strong>Warner Bros. Discovery<\/strong> (NASDAQ:) rose 3%, helped by its role as distributor of the movie &#8220;Barbie&#8221;, which has raked in over $1 billion in ticket sales worldwide just 17 days after its debut.<\/p>\n<\/li>\n<li>\n<p><strong> <span itemscope=\"\" itemtype=\"http:\/\/schema.org\/Corporation\"><span itemprop=\"name\"> Tyson Foods <\/span><\/span> <\/strong> (NYSE:) stock slumped 5.8% after the meat packer missed expectations for third quarter , as customers scaled back on meat purchases in the face of still high inflation.<\/p>\n<\/li>\n<li>\n<p><strong>KKR<\/strong> (NYSE:) stock rose 3% after the private equity firm reported a 23% drop in second quarter , a smaller drop than expected.<\/p>\n<\/li>\n<li>\n<p><strong> <span itemscope=\"\" itemtype=\"http:\/\/schema.org\/Corporation\"><span itemprop=\"name\"> Sovos Brands <\/span><\/span> <\/strong> (NASDAQ:) rose 25% after <strong> <span itemscope=\"\" itemtype=\"http:\/\/schema.org\/Corporation\"><span itemprop=\"name\"> Campbell Soup <\/span><\/span> <\/strong> (NYSE:), down 1.3%, said it would buy the food company for $2.33B.<\/p>\n<\/li>\n<li>\n<p><strong>Berkshire Hathaway<\/strong> (NYSE:) stock rose 3.6% after the Warren Buffett-led conglomerate posted its highest ever quarterly operating profit.<\/p>\n<\/li>\n<li>\n<p><strong>Yellow Corp.<\/strong> (NASDAQ:) stock slumped 14% after the U.S. trucking firm filed for Chapter 11 bankruptcy protection, burdened with a heavy debt load after a series of mergers.<\/p>\n<\/li>\n<li>\n<p><strong>Cinemark<\/strong> (NYSE:) stock rose 2.6% after Morgan Stanley) said the combined revenue boost of the \u201cBarbie\u201d and \u201cOppenheimer\u201d films could boost the movie chain\u2019s stock by more than 35%. The bank maintains its \u201coverweight\u201d rating.<\/p>\n<\/li>\n<\/ul>\n<p>&#8212; <em>Peter Nurse contributed to this report<\/em><\/p>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.investing.com\/news\/stock-market-news\/warner-bros-discovery-kkr-cinemark-rise-premarket-tyson-foods-yellow-corp-fall-3146753\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u00a9 Reuters Investing.com &#8212; U.S. stocks rose on Monday, starting the week off on a positive note ahead of a key inflation report due out Thursday. Here are some of the biggest U.S. stock movers today: Apple (NASDAQ:) stock fell 2.2% after its disappointing iPhone sales report. Rosenblatt downgraded the tech giant to Buy from [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":45644,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[1],"tags":[83],"class_list":["post-45643","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-uncategorized","tag-featured","post_format-post-format-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Midday movers: Warner Bros. Discovery, Tyson Foods, Sovos Brands and more | iFintechWorld<\/title>\n<meta name=\"description\" content=\"\u00a9 Reuters Investing.com -- U.S. stocks rose on Monday, starting the week off on a positive note ahead of a key inflation report due out Thursday. 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