Stock Movers

On this episode of Stock Movers:
- Intel (INTC) shares rise. It gained on the back of optimism it will find more demand for its chip-packaging services. Intel's stock price has more than tripled this year so far through Friday's close. Much of that boost has been related to hopes the company is about to sign up a major customer for its foundry, or chip-manufacturing unit.
- Lumentum (LITE) shares rise after Nasdaq announced that the stock will join the Nasdaq 100 Index, replacing CoStar Group. prior to market open on May 18. Inclusion in the benchmark is becoming more important for companies in a world increasingly dominated by passive investment funds; on the flip side, expulsion from the benchmark can weigh on stock prices, as passive investors are forced to sell the shares and realign with the benchmark’s new composition
- Monday.com (MNDY) shares soar after the software company raised its full-year forecast for both revenue and adjusted operating profits. It also reported first-quarter results that beat expectations.
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On this episode of Stock Movers:
-Intel (INTC) shares rise. It gained on the back of optimism it will find more demand for its chip-packaging services. Intel's stock price has more than tripled this year so far through Friday's close. Much of that boost has been related to hopes the company is about to sign up a major customer for its foundry, or chip-manufacturing unit.
-Moderna (MRNA) shares surge as investors focus shifts to an emerging global health concern, a hantavirus outbreak. The company has been quietly advancing hantavirus research in collaboration with the U.S. Army Medical Research Institute of Infectious Diseases and Korea University, positioning its mRNA platform as a vital tool for rapid response to such emerging threats.
-Monday.com (MNDY) shares soar after the software company raised its full-year forecast for both revenue and adjusted operating profits. It also reported first-quarter results that beat expectations.
See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Moderna shares rise in the wake of Friday’s 12% rally after the company said last week it’s researching vaccines to protect against hantaviruses.
- Dream Finders Homes Inc. has submitted a $704 million offer to acquire rival homebuilder Beazer Homes USA (BZH.) Jacksonville, Florida-based DFH is offering $25.75-per-share in cash for Beazer, according to a statement Monday that confirmed an earlier Bloomberg News report.
- Apollo Global Management has been holding talks to sell MidCap Financial Investment (MFIC), its publicly listed business-development company, a type of private-credit fund, according to reports from the WSJ.
See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Lumentum (LITE) shares rise after Nasdaq announced that the stock will join the Nasdaq 100 Index, replacing CoStar Group. prior to market open on May 18.
- Moderna (MRNA) shares rise in the wake of Friday’s 12% rally after the company said last week it’s researching vaccines to protect against hantaviruses.
- Sony Group (6758 JT) shares jump as it plans a new joint venture with Taiwan Semiconductor Manufacturing Co. as the first step toward what it called a fab-light approach to chip production.
See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Prosus is selling a 5% stake in Delivery Hero SE to Aspex Management, the second-largest shareholder of the German e-commerce firm that has been pushing its chief executive officer to offload more assets or leave the company.
- Compass raised its profit guidance after first-half results hit a record, driven by increased demand for outsourced catering and cleaning services.
- Vodacom declared a full-year dividend that beat analysts’ estimates ahead of parent company Vodafone's results tomorrow.
See omnystudio.com/listener for privacy information.