Company News for Jul 11, 2023
Shares of Helen of Troy Limited (HELE) surged 18.5% after the company reported first-quarter 2023 earnings of $1.94 per share, beating the Zacks Consensus Estimate of $1.62 per share.
Meta Platforms, Inc.’s (META) shares gained 1.2% after the company’s new online platform Threads surpassed 100 million users since its launch on Jul 5.
Shares of Fisker Inc. (FSR) jumped 17.2% after the electric vehicle maker announced making a $340 million convertible note offering with the potential to double it to $680 million.
Icahn Enterprises L.P.’s (IEP) soared 20.2% on reports that Carl Icahn separated his personal loans from the stock price in response to accusations made by a short seller, who claimed inflated asset valuation.
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