Signet Jewelers Ltd. (SIG) reported second-quarter fiscal 2026 adjusted earnings of $1.61 per share, surpassing the Zacks Consensus Estimate of $1.21 per share, leading to a 2.7% increase in their shares. Meanwhile, PepsiCo Inc. (PEP) shares rose by 1.1% after Elliott Management acquired a $4 billion stake in the company.
Cytokinetics Inc. (CYTK) experienced a significant share increase of 40.5% following successful clinical trial results for its heart disease drug, aficamten. Additionally, Air Lease Corp. (AL) shares climbed 6.8% after announcing a merger deal with Apollo, Brookfield, SMBC Aviation Capital, and Sumitomo.
