Data News > META, SYY, CI, CIEN, CAPT showing five-day upward surge

META, SYY, CI, CIEN, CAPT showing five-day upward surge

By KlickAnalytics Data Insights  |   February 2, 2024 10:45AM ET

Meta Platforms Inc (META)

META is trading UP for the last 5 days, and it at trading at $478.67 with volume of 37,572,949 and a one day change of $83.89 (21.25%). Meta Platforms Inc has a 52-week low of 140.31 and a 52-week high of $396.15. The business's 50-day moving average price is $355.37 and its 200 day moving average price is $320.88. The firm has a market cap of $1,015 million, a P/E ratio of 0.00, and a beta of 1.22.

Top news headlines for META

  • Shares of Meta and Amazon skyrocketed Friday to multiyear highs after the technology giants each reported blowout earnings, capping the firms' dramatic recoveries from their 2022 nadirs as some of their big tech stock peers have been relegated to the sidelines.
  • Meta Platforms, Inc. beat earnings estimates, raised guidance, and surprised investors with a dividend and buyback program. The company's dividend closely aligns with a prediction made in a previous article, indicating a commitment to rewarding shareholders. Meta Platforms has the financial ability to afford its current dividend and potentially increase it in the future, at least similar to Apple's dividend growth.
  • Meta Platforms (NASDAQ: META ) stock is a hot topic among traders on Friday after the technology company that owns Facebook and Instagram announced its first-ever dividend. Meta Platform is kicking off its first dividend with a payment of 50 cents per share for holders of META stock.
  • Meta Platforms NASDAQ: META still has a long way to go to double its valuation from the pre-Q4 release market cap, but it is on track to hit a $2 trillion valuation. The company's leaning into efficiency, its use of AI, and its loyal and growing fanbase continue to pay off for investors, and the story is only improving.
  • The “right move” for investors is to “continue to hold Meta shares”, says Gene Munster. He's a managing partner at Deepwater Asset Management.

  • For more information on META:
  • Historical Price Targets
  • Hiistorical Analyst Recommendations
  • Earning Price Impact Analysis
  • Seasonality Analysis

  • Sysco Corp. (SYY)

    SYY is trading UP for the last 5 days, and it at trading at $82.45 with volume of 1,104,156 and a one day change of $0.09 (0.11%). Sysco Corp. has a 52-week low of 62.24 and a 52-week high of $82.55. The business's 50-day moving average price is $75.14 and its 200 day moving average price is $71.10. The firm has a market cap of $42 million, a P/E ratio of 55.20, and a beta of 1.14.

    For more information on SYY:
  • Historical Price Targets
  • Hiistorical Analyst Recommendations
  • Earning Price Impact Analysis
  • Seasonality Analysis

  • Cigna Corp. (CI)

    CI is trading UP for the last 5 days, and it at trading at $325.79 with volume of 1,076,328 and a one day change of $18.47 (6.01%). Cigna Corp. has a 52-week low of 240.50 and a 52-week high of $319.92. The business's 50-day moving average price is $302.50 and its 200 day moving average price is $290.81. The firm has a market cap of $88 million, a P/E ratio of 16.97, and a beta of 0.52.

    Top news headlines for CI

  • While the top- and bottom-line numbers for Cigna (CI) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
  • A positive market reaction to managed-care financial results hasn't been the norm these past few week.
  • Cigna (CI) came out with quarterly earnings of $6.79 per share, beating the Zacks Consensus Estimate of $6.52 per share. This compares to earnings of $4.96 per share a year ago.
  • Shares of Cigna Group CI, +2.12% shot up 4% toward a 13-month high in premarket trading Friday, after the health care services company reported a fourth-quarter earnings beat and raised its dividend by 14%, as pharmacy and medical customers climbed. Net income came in at $2 billion, or $3.49 a share, after $1.53 billion, or $3.91 a share, in the year-go period.
  • Health insurer Cigna Group raised its 2024 profit forecast on Friday after lower-than-expected medical costs and strong demand in its pharmacy benefit management unit helped it beat fourth-quarter profit estimates.

  • For more information on CI:
  • Historical Price Targets
  • Hiistorical Analyst Recommendations
  • Earning Price Impact Analysis
  • Seasonality Analysis

  • CIENA Corp. (CIEN)

    CIEN is trading UP for the last 5 days, and it at trading at $54.62 with volume of 303,850 and a one day change of $0.53 (0.97%). CIENA Corp. has a 52-week low of 39.94 and a 52-week high of $54.80. The business's 50-day moving average price is $47.87 and its 200 day moving average price is $45.08. The firm has a market cap of $8 million, a P/E ratio of 30.99, and a beta of 1.02.

    For more information on CIEN:
  • Historical Price Targets
  • Hiistorical Analyst Recommendations
  • Earning Price Impact Analysis
  • Seasonality Analysis

  • Captivision Inc. Ordinary Shares (CAPT)

    CAPT is trading UP for the last 5 days, and it at trading at $7.38 with volume of 250,205 and a one day change of $0.61 (8.94%). Captivision Inc. Ordinary Shares has a 52-week low of 0.00 and a 52-week high of $0.00. The business's 50-day moving average price is $4.11 and its 200 day moving average price is $0.00. The firm has a market cap of $0 million, a P/E ratio of 0.00, and a beta of 0.00.

    For more information on CAPT:
  • Historical Price Targets
  • Hiistorical Analyst Recommendations
  • Earning Price Impact Analysis
  • Seasonality Analysis

  • This article was generated by KlickAnalytics data insight content engine.

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