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Company News for Jul 7, 2022

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  • Kornit Digital Ltd.’s (KRNT - Free Report) 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 - Free Report) jumped 10.4% following the company’s reaffirmation of delivering 25,000 electric vehicles this year.
  • Amazon.com Inc.’s (AMZN - Free Report) 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 - Free Report) 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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