CoStar, JPMorgan, Real Brokerage, Semtech, and Paramount moved sharply on Tuesday

EarningsCorporate ActionAnalyst
โดย Yahoo Finance·Read original
Summary · why it matters

Several stocks made notable moves on Tuesday. CoStar fell 3.6% after its CFO departed, prompting a Baird downgrade. JPMorgan Chase rose 2.6% after reporting second-quarter results that beat Wall Street expectations. The Real Brokerage gained 4.5% after the Department of Justice granted early termination of the Hart-Scott-Rodino waiting period for its proposed merger with RE/MAX Holdings. Semtech rose 5.7% after Needham reiterated a Buy rating and $200 price target following investor meetings with executives. Paramount fell 2.9% after a coalition of 12 US states filed a lawsuit seeking to block its proposed $110 billion acquisition of Warner Bros. Discovery.

Impact on stocks 7

Real Estate± Mixed · 3 stocks
Real Brokerage Inc
REAX
▲ PositiveRegulationrelevance

DOJ grants early termination of HSR waiting period for merger with RE/MAX

Re Max Holding
RMAX
± MixedRegulationrelevance

Mentioned as merger counterparty; DOJ clearance for Real Brokerage's acquisition of RE/MAX

Communication Services · 2 stocks
Digital Finance & Tokenization · 1 stocks
Semiconductors · 1 stocks
Semtech Corporation
SMTC
▲ PositiveCapitalrelevance

Needham reiterates Buy rating and $200 price target after investor meetings