Berger Montague PC has filed a class action lawsuit against Hyliion Holdings Corp. for allegedly misleading investors about a strategic partnership with VFG Holdings, LLC. The lawsuit claims Hyliion exaggerated the significance of a non-binding letter of intent to deploy power modules at VFG's data centers. After a critical report exposed VFG as a barely operational company, Hyliion's stock price dropped sharply. Investors who bought Hyliion securities between May 12 and June 23, 2026, may join the lawsuit, with a lead plaintiff application deadline of October 27, 2026.
Daktronics reported Q1 earnings of $0.40 per share, beating analyst estimates by 14.29% and showing a 21.2% increase from last year. Revenue rose 7.1% to $234.57 million, also surpassing expectations. The company maintains a strong operating margin o...
NetApp, Inc. forecasts a strong quarterly earnings report with an EPS estimate of $2.12, up from $1.55 last year, and revenue projected at $1.84 billion, marking an 18.2% increase. This growth is supported by an extra week in the quarter and strong d...
Deutsche Bank upgraded Sirius XM Holdings from Hold to Buy, raising its price target from $31 to $45 due to improved digital audio advertising prospects and stable subscription revenue. The upgrade led to a 6.3% intraday gain in Sirius XM shares, tra...
G-III Apparel Group reported Q2 earnings per share of $0.26, surpassing analyst expectations of $0.23, but its revenue of $554.1 million fell short of the $570.4 million forecast. Despite the revenue miss and a decline from last year's $613.3 million...
Yext, Inc. reported Q2 earnings of $0.21 per share, surpassing the expected $0.17, marking a 23% earnings surprise. However, its revenue fell slightly to $111.1 million, missing analyst estimates and declining from the previous year. Following the ea...
