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Company News For Sep 21, 2018

Zacks Equity Research
Investors need to pay close attention to Esperion (ESPR) stock based on the movements in the options market lately.
  • Red Hat Inc.’s RHT shares plunged 6.5% after posting fiscal second-quarter 2019 revenues of $822.7 million, missing the Zacks Consensus Estimate of $828 million
  • Shares of Rio Tinto plc RIO climbed 3.8% following news that management will enhance shareholders’ wealth by $3.2 billion this year by utilizing the sale proceeds of its Australian coal assets
  • Under Armour Inc.’s UAA shares soared 6.6% following the announcement that he company will retrench 400 employees as part of a restructuring program
  • Shares of The Walt Disney Co. DIS rose1.7% following the disclosure of its ESPN unit that its newly launched online ESPN streaming service serves over one million paying subscribers 

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