Cisco Soars, Ford Climbs, Regenxbio Sinks
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Cisco Systems (CSCO) shares soar as much as 17%, in biggest intraday jump since August 2011, extending gains for a sixth consecutive session, after the networking-equipment company reported third-quarter results that beat expectations and raised its full-year forecast. It also announced job cuts as it focuses more on AI. Analysts are positive about the company’s accelerating growth rate.
-Ford Motor (F) stock climb 7.3% Thursday to bring the stock’s two-day gains to roughly 22%. after Morgan Stanley issued a bullish call that the automaker’s energy storage business could soon make a deal with hyperscalers.
- Regenxbio (RGNX) shares sink 18% in premarket trading after the drug developer said there were two cases of serious adverse events in a trial of its experimental gene therapy for a muscle disease.
See omnystudio.com/listener for privacy information.
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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Cisco Systems (CSCO) shares soar as much as 17%, in biggest intraday jump since August 2011, extending gains for a sixth consecutive session, after the networking-equipment company reported third-quarter results that beat expectations and raised its full-year forecast. It also announced job cuts as it focuses more on AI. Analysts are positive about the company’s accelerating growth rate.
-Ford Motor (F) stock climb 7.3% Thursday to bring the stock’s two-day gains to roughly 22%. after Morgan Stanley issued a bullish call that the automaker’s energy storage business could soon make a deal with hyperscalers.
- Regenxbio (RGNX) shares sink 18% in premarket trading after the drug developer said there were two cases of serious adverse events in a trial of its experimental gene therapy for a muscle disease.
See omnystudio.com/listener for privacy information.
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