Company News for Jan 23, 2024

Company News for Jan 23, 2024

Trade ADM on Coinbase
  • Gilead Sciences, Inc. (GILD) shares tumbled 10.2% following the announcement that an investigational drug did not meet the objectives set in a phase 3 trial for the treatment of non-small cell lung cancer.

  • Shares of Archer-Daniels-Midland Company (ADM) plunged 24.2%, triggered by an ongoing investigation by the Securities and Exchange Commission into the accounting practices of its Nutrition segment.

  • NuStar Energy L.P. (NS) shares surged 18.3% as fuel distributor Sunoco LP (SUN) moved forward with its acquisition of the former in a $7.3 billion deal.

  • Rumble Inc. (RUM) shares rose 36.2% following the announcement of a partnership with Barstool Sports.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Gilead Sciences, Inc. (GILD) : Free Stock Analysis Report

NuStar Energy L.P. (NS) : Free Stock Analysis Report

Archer Daniels Midland Company (ADM) : Free Stock Analysis Report

Sunoco LP (SUN) : Free Stock Analysis Report

Rumble Inc. (RUM) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research