by Lekha Gupta | May 21, 2026 | General
Kontoor Brands, Inc. (NYSE:KTB) announced Thursday that it will sell its Lee business to Authentic Brands Group in a deal valued at up to $1 billion, including an initial $750 million payment and a potential $250 million earnout tied to future performance. The company...
by Nabaparna Bhattacharya | May 21, 2026 | General
Advance Auto Parts Inc. (NYSE:AAP) stock surged Thursday after the company delivered stronger-than-expected quarterly results, driven by improving demand trends across both professional and do-it-yourself customers. Management also pointed to gains from merchandising...
by Chris Katje | May 21, 2026 | General
Tesla Inc (NASDAQ:TSLA) has ended production of the Model S and Model X electric vehicles and recently handed over the final deliveries to customers. Tesla CEO Elon Musk said, “S & X will forever be in my heart.” For Tesla investors who bought shares...
by Kaustubh Bagalkote | May 21, 2026 | General
MetaVia Inc. (NASDAQ:MTVA) stock is trading lower on Thursday, presenting a sharp reversal from its recent momentum. Profit-Taking Halts The Massive Weekly Rally The primary driver behind Thursday’s decline is widespread profit-taking. MetaVia stock experienced a 175%...
by Vandana Singh | May 21, 2026 | General
Eli Lilly and Co. (NYSE:LLY) reported on Thursday topline results from its Phase 3 TRIUMPH-1 trial evaluating experimental obesity treatment retatrutide, with patients losing as much as 28.3% of body weight after 80 weeks of treatment. The study evaluated retatrutide,...
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