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Company News for Jun 2, 2021

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  • Abbott Laboratories (ABT - Free Report) shares plunged 9.3% after the company reduced its 2021 adjusted earnings per share forecast to the range of $4.30 to $4.50 from $5 projected earlier.
  • Cloudera, Inc.'s shares soared 23.9% after disclosing the deal to be acquired by Clayton, Dubilier & Rice LLC and KKR & Co. Inc. (KKR - Free Report) .
  • Shares of Canopy Growth Corp. (CGC - Free Report) plummeted 6.9% after reporting fourth-quarter fiscal 2021 adjusted loss per share of $0.66, wider-than the Zacks Consensus Estimate of $0.18.
  • Shares of NIO Inc. (NIO - Free Report) climbed 9.6% after the company announced that the delivery of its electric vehicle jumped 95% year over year to 6,711 units in May.

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