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Company News for Sep 13, 2024

  • Shares of The Kroger Co. (KR) jumped 7.2% after the company reported second-quarter fiscal 2024 earnings of $0.93 per share, beating the Zacks Consensus Estimate of $0.92 per share.

  • Signet Jewelers Limited’s (SIG) shares rallied 11.3% after the company reported second-quarter fiscal 2024 earnings of $1.25 per share, surpassing the Zacks Consensus Estimate of $1.13 per share.

  • Shares of Alaska Air Group, Inc. (ALK) rose 1.2% after the company raised its outlook for the third quarter on solid demand during the summer. 

  • Moderna, Inc.’s (MRNA) shares plummeted 12.4% after the company said that it plans to cut down expenses by $1.1 billion by 2027.

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