Company News for Apr 7, 2020
JPMorgan Chase & Co.'s JPM shares climbed 6.4% after CEO Jamie Dimon said that the bank has strong capital base and solid financial condition to cope with even the most adverse scenario.
Shares of Carnival Corp. & Plc CCL jumped 20.3% following the news that the Saudi Arabia-based The Public Investment Fund had acquired 8.2% stake in the company.
Wayfair Inc.'s W shares rallied 41.2% after the company announced that its online retailing business more than doubled thanks to the coronavirus outbreak.
Shares of Capri Holdings Ltd. CPRI soared 25.9% after the company announced that it expects to open all its stores in North America around Jun 1.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
JPMorgan Chase & Co. (JPM) : Free Stock Analysis Report
Carnival Corporation (CCL) : Free Stock Analysis Report
Wayfair Inc. (W) : Free Stock Analysis Report
Capri Holdings Limited (CPRI) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research