Johnson & Johnson, Zions Bancorporation, Heritage-Crystal Clean And Other Big Stocks Moving Higher On Thursday
Portfolio Pulse from Lisa Levin
Several US stocks recorded gains in Thursday's trading session. Heritage-Crystal Clean (HCCI) surged 9.6% after announcing its acquisition by J.F. Lehman & Company for $1.2 billion. Zions Bancorporation (ZION) gained 9.4% following its Q2 earnings report. Olo Inc. (OLO) jumped 9.4% after Piper Sandler upgraded the stock from Neutral to Overweight. Johnson & Johnson (JNJ) gained 4.8% after posting positive Q2 results and raising its annual outlook.
July 20, 2023 | 2:03 pm
News sentiment analysis
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POSITIVE IMPACT
Heritage-Crystal Clean surged 9.6% after announcing its acquisition by J.F. Lehman & Company.
The acquisition news is a positive development for HCCI, which is likely to have contributed to the surge in its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Johnson & Johnson gained 4.8% after posting positive Q2 results and raising its annual outlook.
The positive Q2 results and raised annual outlook are likely to have contributed to the gain in JNJ's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Olo Inc. jumped 9.4% after Piper Sandler upgraded the stock from Neutral to Overweight.
The upgrade from Piper Sandler is a positive development for OLO, which is likely to have contributed to the jump in its stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Zions Bancorporation gained 9.4% following its Q2 earnings report.
The positive Q2 earnings report is likely to have contributed to the rise in ZION's stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100