Company News for Feb 29, 2024

In this article:
  • Tesla, Inc. (TSLA) shares rose 1.2% following Elon Musk's announcement that the company is set to release its second-generation Roadster sports car sometime next year.

  • Shares of Urban Outfitters, Inc. (URBN) fell 12.8% after the company reported fourth-quarter fiscal 2024 adjusted earnings of $0.69 per share, missing the Zacks Consensus Estimate of $0.73 per share.

  • Beyond Meat, Inc. (BYND) shares surged 30.7% as the plant-based meat maker announced plans to implement price hikes and significant cost reductions, aimed at improving its margins.

  • TG Therapeutics, Inc. (TGTX) shares jumped after the company reported fourth-quarter 2023 revenues of $44 million, outpacing the Zacks Consensus Estimate of $40.1 million.

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