Company News for Dec 27, 2022



  • Shares of Meta Platforms, Inc.

    META

    increased 0.8% after the company settled a privacy class action lawsuit, wherein it agreed to pay $725 million.



  • Nutanix, Inc.’s

    NTNX

    shares plummeted 8% on reports that Hewlett Packard Enterprise Company

    HPE

    has ended talks of an acquisition of the cloud computing company.



  • Shares of 3M Company

    MMM

    declined 1.2% after a judge disallowed the company from shifting its liability to a subsidiary in a case that involves combat earplugs.



  • Occidental Petroleum Corporation’s

    OXY

    shares gained 3.5% on the broader energy rally.


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