Company News for Jun 24, 2021

Zacks Equity Research Published on June 24, 2021

Shares of Patterson Companies, Inc. (PDCO - Free Report) tumbled 11.8% after the company reported fourth-quarter fiscal 2021 adjusted earnings of $0.38 per share, missing the Zacks Consensus Estimate of $0.53 per share.
GlaxoSmithKline plc’s (GSK - Free Report) shares gained 2% after the company said that separate its consumer health-care business and weave a separate company for which it will get $11 billion from the new entity.
Shares of Shake Shack Inc. (SHAK - Free Report) advanced 2.8% after the company announced its plans of expanding its market in China by opening 10 new restaurants new territories by 2031. The company presently has 16 restaurants in China.
Sonoco Products Company’s (SON - Free Report) shares fell 0.7% after the company said that it will hike at least 6% price of all its paperboard tubes and cores %, effective with shipments in the United States and Canada from July 26.

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