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Company News for Jul 16, 2020

Zacks Equity Research
·1 min read
  • Shares of Infosys Limited INFY jumped 12.5% after the company reported first-quarter fiscal 2021 earnings of 13 cents per share, beating the Zacks Consensus Estimate of 12 cents.

  • Shares of The Progressive Corporation PGR rose 1.7% after the company reported second-quarter 2020 earnings of $1.83 per share surpassing the Zacks Consensus Estimate of $1.72.

  • Shares of Bloom Energy Corporation BE soared 34.8% after the company announced initial strategy for hydrogen market entry.

  • Shares of Oramed Pharmaceuticals Inc. ORMP jumped 13.1% after the company reported that the FDA has provided positive feedback during its End of Phase 2 meeting for Oramed's oral insulin.


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