Shares of BlackBerry Limited (BB) surged 20% following the announcement of first-quarter fiscal 2027 revenues at $152.9 million, surpassing the Zacks Consensus Estimate of $136.1 million. Meanwhile, McCormick & Company, Incorporated (MKC) saw a 1.6% increase in shares after reporting second-quarter fiscal 2026 adjusted earnings of 80 cents per share, beating the expected 69 cents.
In contrast, shares of Meta Platforms, Inc. (META) dropped 2.7% amid a broader technology slump tied to concerns over artificial intelligence infrastructure costs. Bio-Techne Corporation (TECH) experienced a 20.1% increase after Germany’s Merck KGaA (MKKGY) announced its agreement to acquire the life sciences company in an $11.3 billion cash deal, pushing MKKGY shares up by 5.3%.
5 Stocks Our Experts Predict Could Double In the Next Year
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