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Company News for May 13, 2022

Zacks Equity Research
·1 min read

  • AmerisourceBergen Corporation’s ABC shares fell 6% after its largest investor, Walgreens Boots Alliance, Inc. WBA sold $900 million worth of its stake in the company.

  • Shares of Coinbase Global, Inc. COIN surged 8.9% after its CEO said that bankruptcy was not likely despite the recent plunge in the crypto market.

  • Shares of Constellation Energy Corporation CEG dropped 6.8% after the company reported first-quarter 2022 earnings of $0.32 per share, missing the Zacks Consensus Estimate of $0.70 per share.

  • Tapestry, Inc.’s TPR shares jumped 15.5% after the company reported third-quarter 2022 revenues of $1.44 billion, beating the Zacks Consensus Estimate of $1.42 billion.


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Constellation Energy Corporation (CEG) : Free Stock Analysis Report
 
AmerisourceBergen Corporation (ABC) : Free Stock Analysis Report
 
Walgreens Boots Alliance, Inc. (WBA) : Free Stock Analysis Report
 
Tapestry, Inc. (TPR) : Free Stock Analysis Report
 
Coinbase Global, Inc. (COIN) : Free Stock Analysis Report
 
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Zacks Investment Research