A pedestrian walks by a Domino’s Pizza restaurant in San Francisco, Feb. 23, 2023.
Justin Sullivan | Getty Images News | Getty Images
Discover the companies making significant strides in the midday market.
Domino’s Pizza — Dominos’ stock surged by 11.09% following the announcement that U.S. consumers can now order their products through Uber’s Uber Eats and Postmates apps. This agreement has the potential to generate additional orders from Uber Eats for 70% of Domino’s stores, according to the company.
DraftKings — The sports betting app’s shares surged by 5.28% after analysts at Bank of America upgraded their rating to buy. The financial institution cited improved profit margins and profitability as the catalyst for this upgrade.
Roku — The streaming provider’s shares saw a 1.18% increase. Roku announced its partnership with Shopify, enabling viewers to make direct purchases from Roku TV. By simply pressing a button on their Roku remote after seeing an ad for a Shopify merchant, viewers can place an order, as stated by the company.
Lazard, Jefferies Financial — Lazard’s shares climbed by 4.22%, while Jefferies experienced a gain of 4.88% after both were upgraded by Morgan Stanley. The financial institution expects increased merger and acquisition activity, leading to Lazard’s upgrade from equal weight to overweight, and Jefferies’ upgrade from underweight to equal weight.
Bank stocks — Consumer stocks in the banking sector surged as consumer prices came in lower than expected. Citigroup and Goldman SachsFollow Google News
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