Company News for Jul 5, 2022
Micron Technology Inc.’s MU shares tumbled 3% after the company provided weak revenue guidance for fourth-quarter fiscal 2022.
Shares of Kohl's Corp. KSS plunged 19.6% after the company terminated the negotiation to sell its business to Franchise Group Inc. FRG.
Shaw Communications Inc.’s SJR shares rose 1.2% after the company along with Rogers Communications Inc. RCI and Quebecor Inc. reached a deal to sell Freedom Mobile Inc.
Shares of The Walt Disney Co. DIS gained 1.8% after the company renewed contract with its CEO Bob Chapek for three years more.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Rogers Communication, Inc. (RCI) : Free Stock Analysis Report
Kohl's Corporation (KSS) : Free Stock Analysis Report
Micron Technology, Inc. (MU) : Free Stock Analysis Report
Shaw Communications Inc. (SJR) : Free Stock Analysis Report
The Walt Disney Company (DIS) : Free Stock Analysis Report
Franchise Group, Inc. (FRG) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research