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Company News for Apr 19, 2022

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  • Twitter, Inc.’s shares jumped 7.5% after the Board of Directors adopted the "poison pill" on Friday to restrict Elon Musk from raising his stake beyond 15% for a one-year period. Musk has been recently making a bid to take over the micro-blogging company.
  • Shares of The Charles Schwab Corporation (SCHW - Free Report) plunged 9.4% after reporting first-quarter 2022 adjusted earnings of $0.77 per share, lagging the Zacks Consensus Estimate of $0.85 per share.
  • Shares of Synchrony Financial (SYF - Free Report) jumped 6.2% after reporting first-quarter 2022 adjusted earnings of $1.73 per share, beating the Zacks Consensus Estimate of $1.53 per share.
  • DiDi Global Inc.’s shares plunged 18.3% following news that it will hold an extraordinary general meeting on May 23 to vote on its delisting plans from Wall Street.

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