Company News for Mar 18, 2025

Zacks
18 Mar
  • Shares of Intel Corporation (INTC) rose 6.8% after a regulatory filing revealed that incoming CEO Lip-Bu Tan plans to purchase $25 million worth of company shares within 30 days of his appointment.
  • Robinhood (HOOD) shares rose 7.1% after launching a prediction markets hub for event-based trading.
  • Science Applications International Corporation (SAIC) shares surged 7.2% after reporting fourth-quarter 2024 earnings of $2.57 per share, which beat the Zacks Consensus Estimate of $2.
  • Shares of Tesla, Inc. (TSLA) fell 4.8% after Mizuho lowered its price target to $430 from $515, citing concerns over demand, margin pressures and rising competition in the EV market.

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This article originally published on Zacks Investment Research (zacks.com).

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