Company News for Sep 9, 2021
Shares of Coinbase Global, Inc. COIN fell 3.2% after the company announced that it has received from the Securities and Exchange Commission, a notice for possible enforcement action with regard to its interest-lending product, namely, Coinbase Lend.
Tesla, Inc.’s TSLA shares rose 0.1% following news that local sales of China-made vehicles increased to 12,885 in August, compared to 8,621 vehicles in July.
Spectrum Brands Holdings, Inc.’s SPB shares rallied 17.8% after the company announced that it has planned to sell its Hardware & Home Improvement segment to ASSA ABLOY AB for $4.3 billion in cash.
ICU Medical, Inc.’s ICUI shares advanced 26.2% following the announcement that the company will acquire Smiths Medical which manufactures medical products, for about $2.3 billion in cash and stock.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
ICU Medical, Inc. (ICUI) : Free Stock Analysis Report
Tesla, Inc. (TSLA) : Free Stock Analysis Report
Spectrum Brands Holdings Inc. (SPB) : Free Stock Analysis Report
Coinbase Global, Inc. (COIN) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research