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Company News For Oct 1, 2018

Zacks Equity Research
Updated
Investors need to pay close attention to Conatus (CNAT) stock based on the movements in the options market lately.

  • Tesla Inc.’s TSLA shares plunged 13.9% following news that the SEC filed a lawsuit against its Chairman and CEO Elon Musk for misleading investor with false statements

  • Shares of BlackBerry Ltd. BB jumped 11.7% after reporting fiscal second-quarter 2019 adjusted earnings per share of $0.04, beating the Zacks Consensus Estimate of $0.02

  • The Boeing Co.’s BA shares increased 1.2% after the company received a $9.2 billion contract from the Pentagon for manufacturing 351 new training aircrafts

  • Shares of Progress Software Corp. PRGS tumbled 17.1% after the company reported third quarter 2018 revenues of $95.68 million, missing the Zacks Consensus Estimate of $97 million


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