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Market Overview

5 Stocks To Watch For July 13, 2020

5 Stocks To Watch For July 13, 2020

Some of the stocks that may grab investor focus today are:

  • Wall Street expects PepsiCo, Inc. (NASDAQ: PEP) to report quarterly earnings at $1.25 per share on revenue of $15.42 billion before the opening bell. PepsiCo shares gained 1.3% to close at $134.46 on Friday.
  • Analog Devices, Inc. (NASDAQ: ADI) is in talks to acquire Maxim Integrated Products Inc. (NASDAQ: MXIM) for over $17 billion, the Wall Street Journal reported. Analog Devices shares rose 0.2% to close at $124.50 on Friday, while Maxim Integrated shares slipped 0.6% to close at $64.09 on Friday.

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  • Shaw Communications Inc (NYSE: SJR) reported Q3 earnings of C$0.35 per share, compared to C$0.43 per share in the year-ago period. Consolidated revenue slipped 0.8% to $1.31 billion. Shaw shares gained 2.8% to $16.99 in the after-hours trading session.
  • Multiplan disclosed that it has reached a merger deal with special purpose acquisition company Churchill Capital III Corp (NYSE: CCXX), valuing the company at $11 billion. Churchill Capital III shares rose 2% to close at $10.81 on Friday

Related Articles (ADI + CCXX)

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Posted-In: Stocks To WatchEarnings M&A News Pre-Market Outlook Markets Trading Ideas

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