Company News for July 5, 2022

  • MU shares of Micron Technology Inc. fell 3% after the company provided weak revenue guidance for the fourth quarter of fiscal 2022.
  • Shares of Kohl’s Corp. KSS plunged 19.6% after the company ended talks to sell its business to Franchise Group Inc. FRG.
  • SJR shares of Shaw Communications Inc. rose 1.2% after the company and Rogers Communications Inc. RCI and Quebecor Inc. reached an agreement to sell Freedom Mobile Inc.
  • Shares of The Walt Disney Co. DIS gained 1.8% after the company renewed its contract with CEO Bob Chapek for three more years.

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Global electric car sales in 2021 more than doubled from 2020. And today, electric vehicle (EV) technology and the very nature of the business is changing rapidly. The next push for future tech is happening now, and investors who get in early could see windfall profits.

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Rogers Communication, Inc. (RCI): Free Inventory Analysis Report

Kohl’s Corporation (KSS): Free Stock Analysis Report

Micron Technology, Inc. (MU): Free Stock Analysis Report

Shaw Communications Inc. (SJR): Free Stock Analysis Report

The Walt Disney Company (DIS): Free Inventory Analysis Report

Franchise Group, Inc. (FRG): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Karen J. Nelson