Company News for March 29, 2022

  • Tesla Inc.’s TSLA shares soared 8% after news broke that the company plans to split its shares at its upcoming annual meeting to pay a stock dividend.
  • POLY shares of Plantronics Inc. soared 52.6% after news of the company’s acquisition by HP Inc. HPQ for $40 per share.
  • Shares of AMC Entertainment Holdings Inc. AMC jumped 44.9% after its CEO said the company would opt for more “transformational” merger and acquisition deals in the future.
  • Shares of Science Applications International Corp. SAIC jumped 4.2% after posting adjusted earnings per share of $1.50 in the fourth quarter of fiscal 2022, beating Zacks consensus estimate of 1.18 $.

The infrastructure stock boom will sweep America

A massive push to rebuild America’s crumbling infrastructure will soon be underway. It is bipartisan, urgent and inevitable. Billions will be spent. Fortunes will be made.

The only question is “Are you going to get into good stocks early when their growth potential is greatest?”

Zacks released a special report to help you do just that, and today it’s free. climb.

Download FREE: How to Leverage Trillions of Dollars in Infrastructure Spending >>

Click to get this free report

HP Inc. (HPQ): Free Inventory Analysis Report

Tesla, Inc. (TSLA): Free Stock Analysis Report

Science Applications International Corporation (SAIC): Free Stock Analysis Report

AMC Entertainment Holdings, Inc. (AMC): Free Share Analysis Report

Plantronics, Inc. (POLY): Free Stock Analysis Report

To read this article on Zacks.com, click here.

Zacks Investment Research

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