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Company News for June 3, 2022

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  • Hewlett Packard Enterprise Company’s (HPE - Free Report) shares plunged 5.2% after it gave a grim full-year forecast citing currency headwinds and its exit from Russia.
  • Shares of Ciena Corporation (CIEN - Free Report) dropped 1.3% after reporting second-quarter fiscal 2022 adjusted earnings of $0.50 per share, missing the Zacks Consensus Estimate of $0.54 per share.
  • SpartanNash Company’s (SPTN - Free Report) shares rose 5.5% after reporting first-quarter 2022 earnings of $0.83 per share, beating the Zacks Consensus Estimate of $0.65 per share.
  • Shares of Ford Motor Company (F - Free Report) surged 2.5% after it said that it will invest $3.7 billion in assembly plants in Michigan, Ohio and Missouri.

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