Company News for Jan 9, 2024

• Helen of Troy Ltd.’s (HELE) shares surged 4.5% after reporting third-quarter fiscal 2024 adjusted earnings per share of $2.79, surpassing the Zacks Consensus Estimate of $2.76.
• Shares of Commercial Metals Co. (CMC) jumped 7.5% after posting first-quarter fiscal 2024 adjusted earnings per share of $1.63, outpacing the Zacks Consensus Estimate of $1.43.
• NVIDIA Corp.’s (NVDA) shares climbed 6.4% after the company announced the introduction of three GPU chips GPUs for “local” AI that can run on a PC or laptop from home or an office.
• Shares of Merck & Co., Inc. (MRK) rose 1% after the company decided to acquire cancer-treatment developer Harpoon Therapeutics Inc. (HARP) for $23 per share in cash.

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