Company News for Jul 7, 2022

Zacks Equity Research

Thu, Jul 7, 2022, 9:19 AM1 min read

In this article:

Kornit Digital Ltd.’s KRNT shares plummeted 25.7% after the company reduced its second-quarter 2022 financial forecasts and given a tepid outlook for third-quarter.
Shares of Rivian Automotive Inc. RIVN jumped 10.4% following the company’s reaffirmation of delivering 25,000 electric vehicles this year.
Amazon.com Inc.’s AMZN shares rose 0.7% following the company’s decision to acquire a 2% stake in UK-based Just Eat Takeaway.com's U.S. food delivery business, Grubhub.
Shares of Target Corp. TGT fell 0.2% following the company’s decision to introduce new set of perks and promotions for the back-to-school season.

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Company News for Jul 7, 2022

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