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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.


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