Transphorm Inc TGAN shares are zooming by around 30% after it disclosed its acquisition by Renesas Electronics Corp RNECF for about $339 million. As per the deal, Renesas will acquire TGAN for $5.10 per…
Footwear giant Crocs, Inc CROX shares are trading after an updated Q4, 2023 outlook and solid preliminary 2024 guidance. The company expects FY23 revenue of approximately $3.95 billion (consensus $3.93 billion), a…
Mettler-Toledo International Inc MTD shares are trading lower by around 4% after reducing Q4 guidance yesterday. The company now projects a Q4 sales decline of around 12% Y/Y or 13% Y/Y in…
Tesla, Inc. TSLA reportedly sold 94,139 China-made electric vehicles (EVs) in December, a 68.7% increase from a year earlier. Deliveries of China-made Model 3 and Model Y vehicles jumped 14.2% from November,…
CytoSorbents Corporation CTSO released an update on the initial data analysis of primary safety and effectiveness endpoints and the final independent Data and Safety Monitoring Board for the pivotal U.S. and Canadian…