Company News for Jul 7, 2022



  • Kornit Digital Ltd.’s

    KRNT

    shares plummeted 25.7% after the company  reduced its second-quarter 2022 financial forecasts and given a tepid outlook for third-quarter.



  • Shares of Rivian Automotive Inc.

    RIVN

    jumped 10.4% following the company’s reaffirmation of delivering 25,000 electric vehicles this year.



  • Amazon.com Inc.’s

    AMZN

    shares rose 0.7% following the company’s decision to acquire a 2% stake in UK-based Just Eat Takeaway.com’s U.S. food delivery business, Grubhub.



  • Shares of Target Corp.

    TGT

    fell 0.2% following the company’s decision to introduce new set of perks and promotions for the back-to-school season.


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