Home  »  Expert Review   »  Slack Technology (WORK), Salesforce (CRM), Nordsto...

Slack Technology (WORK), Salesforce (CRM), Nordstorm (JWN), Tesla (TSLA), HP (HPQ), Peloton (PTON), ViacomCBS (VIAC) Stocks Surged On Wednesday

Inside the Dow Jones, following news in the Wall Street Journal on negotiations for the purchase of Slack Technologies Inc (WORK) (up 37.59%) by the customer engagement software giant, Salesforce.com Inc (CRM) lost 5.37%. Operators believe the deal could start a wave of tech industry mergers and acquisitions. A collaborative work site, an operation that has greatly benefited from coronavirus lockdowns, has been developed by Slack.

Nordstrom Inc (JWN) was up 11.65 percent, after posting earnings per share of 34 cents in the third quarter, compared to the FactSet average of 5 cents. Compared to a forecast of $3.13 billion, sales of U.S. clothing, accessories and cosmetics chain; totaled $3.09 billion. The EBIT was $106 million versus 48 million by consensus.


3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

Sponsored


Tesla Inc (TSLA) was up 3.35 percent, which has just passed Wall Street’s $500 billion market capitalization, recalls nearly 9,500 vehicles, mainly 2016 Model Xs due to a failure to repair a roof and bolt part as announced by the U.S. highway safety agency.

HP Inc (HPQ) up 2.3% after posting better-than-expected sales for the second consecutive quarter, and raised its dividend by 10%. The IT group expects sales to surpass expectations for the first quarter of its fiscal year. HP posted non-GAAP earnings of 62 cents per share and revenue of $15.3 billion for the fiscal fourth quarter.

Peloton Interactive Inc (PTON) rose up 1.44 percent on Wednesday. Some consumers facing distribution problems would switch their orders to rivals Nautilus or Icon Health & Fitness, according to the Wall Street Journal. Nautilus’ CEO Jim Barr, interviewed by the WSJ, reported that the sales of connected bikes are going very well. Finally, the newspaper reports that questions about deliveries have not impacted the financial results of Peloton at this point.

ViacomCBS Inc (VIAC) rose 0.90% on Wednesday. The entertainment company was expected to sell publisher Simon and Schuster for more than $2 billion to the German Bertelsmann company, Reuters heard from a source close to the matter.

1 thought on “Slack Technology (WORK), Salesforce (CRM), Nordstorm (JWN), Tesla (TSLA), HP (HPQ), Peloton (PTON), ViacomCBS (VIAC) Stocks Surged On Wednesday”

  1. Everything is very open with a precise explanation of the challenges. It was definitely informative. Your website is useful. Thanks for sharing! Alina Basilius Lust

Leave a Comment

Your email address will not be published. Required fields are marked *

More Posts

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

Download Free eBook For

7 GROWTH STOCKS FOR 2021

100% free. stop anytime no spam

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

Download Free eBook For

7 GROWTH STOCKS FOR 2021

100% free. stop anytime no spam