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MARKETS LIVE BLOG:

STOCK FUTURES CLIMB AS RESULTS SEASON KICKS INTO HIGH GEAR

Tech-focused investors prepare for fresh wave of earnings highlighted by struggling Tesla

Company News for Jul 1, 2020

Zacks Equity Research
Updated ·1 min read

  • Shares of Workhorse Group Inc. WKHS jumped 19.9% after the company announced that it has secured $70 million in financing from institutional investors.

  • Shares of Bloom Energy Corporation BE surged 32.4% after the company signed a joint development agreement with Samsung Heavy to design and develop fuel cell-powered ships.

  • Shares of Micron Technology, Inc. MU rose 4.8% after the company reported third-quarter fiscal 2020 earnings of 82 cents per share that beat the Zacks Consensus Estimate by 5.1%.

  • Shares of Lululemon Athletica Inc. LULU soared 6% after the company reported that it will acquire at-home fitness company Mirror for $500 million.

Click to get this free report Micron Technology, Inc. (MU) : Free Stock Analysis Report lululemon athletica inc. (LULU) : Free Stock Analysis Report Workhorse Group, Inc. (WKHS) : Free Stock Analysis Report Bloom Energy Corporation (BE) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research