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Company News for Jun 25, 2020

Zacks Equity Research
·1 min read
  • Dell Technologies Inc.'s DELL shares surged 8.4% following the news that the company is considering a spinoff of its stake of nearly $50 billion in VMware Inc. VMW.

  • Shares of Apple Inc. AAPL slide 1.8% following news that the Department of Justice and state attorneys general are planning to investigate the company's App Store.

  • Shares of T-Mobile US Inc. TMUS gained 1.2% after Softbank Group Corp. sold a large part of its more than 24% stake in the company.

  • Caesars Entertainment Corp.'s CZR shares tumbled 3.2% after the company adopted universal mask policy, except eating and drinking, in all properties of the company's network.

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