Closed
The Marked Chart Wire · Business
Nextpower
The solar tracker maker posted record second-quarter sales of $1.109 billion and increased its full-year revenue target. It also agreed to buy Zimmermann PV-Steel Group for about 230 million euros.
Prices from Based on Wed, Oct 28 close · Opens Thu 9:30 AM ET. Each tile opens the stock's chart and news.
New to this? Read: Reading a stock chart
HotMeta Financing
Meta Platforms issued $12.5 billion in mandatory convertible preferred stock and $25 billion in Class A common shares. The preferred shares carry a 6.50 percent annual dividend and will convert in 2029.
HotEarnings
Microsoft and Carvana shares rose after earnings beats, while Google and Fortinet dropped on revenue or margin misses. Sprouts and ServiceNow also declined following weaker results.
HotMarvell Lumentum
Marvell Technology is said to be in late-stage negotiations to purchase Lumentum Holdings, according to reports.
DoorDash Instacart
Sources say DoorDash is in advanced negotiations to acquire Instacart in a deal valued at approximately $17 billion. Instacart shares rose 4 percent in after-hours trading on the news.
HotEarnings
Stocks of Fortinet, Sprouts Farmers Market, and ServiceNow fell sharply in after-hours trading. Alphabet shares also declined following weaker than expected revenue and profit figures.
Chipotle
Chipotle reported third-quarter revenue of $3.3 billion, up 9.6 percent, but adjusted earnings per share dropped to $0.27. The company maintained its full-year guidance for low single-digit comparable sales growth.
Fast headlines, summarized. Not verified and not advice. Check the full story before you act.