Stocks that saw significant activity yesterday include OneMain, Nextpower, ANI Pharmaceuticals, Akamai Technologies, and Lemonade
Companies That Made Headlines Yesterday
Here’s a roundup of notable stock movements and the reasons behind them from the previous trading day:
OneMain Holdings (NYSE:OMF)
Shares of OneMain Holdings, a consumer finance firm, dropped 5.1% on Monday. The decline followed a downgrade by JP Morgan, which shifted its rating from 'Neutral' to 'Underweight' due to concerns about possible economic headwinds affecting the company's customer base.
Nextpower (NASDAQ:NXT)
Nextpower, a company specializing in solar tracking technology, saw its stock rise by 8.2% on Monday. The surge came after the business, previously known as Nextracker, finalized a joint venture agreement in Saudi Arabia.
ANI Pharmaceuticals (NASDAQ:ANIP)
ANI Pharmaceuticals, a specialty drug manufacturer, experienced a 13.6% jump in its share price on Monday. The rally followed the release of robust financial projections for 2026, which exceeded analysts’ expectations.
Akamai Technologies (NASDAQ:AKAM)
Akamai Technologies, a leader in cloud services, gained 5.6% on Monday. The stock climbed after Morgan Stanley upgraded its rating from 'Underweight' to 'Overweight' and increased its price target from $83 to $115.
Lemonade (NYSE:LMND)
Lemonade, a digital insurance provider, saw its shares jump 8.3% on Monday. The rally followed Truist Securities’ decision to begin coverage with a “Buy” rating and a price target of $98.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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