Company News for April 19, 2022

  • Twitter, Inc.’s TWTR shares jumped 7.5% after the board adopted the “poison pill” on Friday to prevent Elon Musk from increasing his stake beyond 15% for a period of a year. Musk recently made a bid to take over the microblogging company.
  • Shares of The Charles Schwab Corporation SCHW plunged 9.4% after reporting adjusted earnings of $0.77 per share in the first quarter of 2022, lagging Zacks consensus estimate of $0.85 per share. stock.
  • Shares of Synchrony Financial SYF jumped 6.2% after reporting adjusted earnings of $1.73 per share in the first quarter of 2022, beating Zacks’ consensus estimate of $1.53 per share.
  • DIDI shares of DiDi Global Inc. plunged 18.3% after news that it would hold a special general meeting on May 23 to vote on its plans to delist from Wall Street.

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