Company News for Jun 27, 2024

Zacks Equity Research
·1-min read

  • Rivian Automotive Inc.’s (RIVN) shares soared 23.2% following news that the company secured a $5 billion investment from Volkswagen Group.

  • Shares of Whirlpool Corp. (WHR) jumped 17.1% following news, citing people familiar with the matter that Bosch is considering making an offer for the, the company.

  • Shares of UniFirst Corp. (UNF) climbed 14% after the company reported third-quarter fiscal 2024 adjusted earnings per share of $2.19, surpassing the Zacks Consensus Estimate of $1.88.

  • Progress Software Corp.’s (PRGS) shares surged 12.8% after reporting second-quarter fiscal 2024 adjusted earnings per share of $1.09, outpacing the Zacks Consensus Estimate of $0.95.

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