General Electric sued the German company over the alleged theft of trade secrets it claims were used to win contracts worth billions of dollars.
Evercore ISI analyst Amit Daryanani said that the selloff in Dell shares—prompted by the departure of VMware CEO Pat Gelsinger—has gone too far.
The stock closed up 4% at $59.25 after notching a 7% advance on Wednesday.
Petco, the provider of pet health and wellness, sold 48 million shares at $18 each, above its $14 to $17 price range.
The companies late Tuesday agreed to terminate the $5.3 billion transaction after the Department of Justice sued to block the deal.
The videogame retailer’s share price nearly doubled at one point, and trading volume took off as well.
The company is behind schedule to meet commitments made to Operation Warp Speed, the newspaper said.
The shares lost about half of their value after the company disclosed disappointing trial results for a gene therapy meant to cure Duchenne muscular dystrophy.
Shares of Beyond Meat were falling Wednesday after a Piper Sandler analyst downgraded his rating on the stock over worries that the plant-based meat maker may...
Chinese electric vehicle start-up XPeng reported strong fourth-quarter deliveries Sunday evening. The company delivered 5,700 vehicles in December 2020, up from 4,224 in November and up...