ADVFN US – Market Content Editor

Lumentum Holdings Inc. (NASDAQ:LITE) shares gained 4.8% on Monday after the company was selected for inclusion in the Nasdaq-100 Index. Nasdaq announced on Friday that Lumentum would replace CoStar Group Inc. (NASDAQ:CSGP) in the index before the opening bell on May 18, 2026. Index Addition Expected to Boost Demand for Shares The Nasdaq-100 tracks the…

United Parks & Resorts Inc. (NYSE:PRKS) shares fell more than 2% in premarket trading on Monday after the theme park operator reported first-quarter results that missed Wall Street expectations on both earnings and revenue. The company cited unfavorable weather conditions and weaker international tourism as key factors behind the softer performance. Revenue and Earnings Come…

FS KKR Capital Corp. (NYSE:FSK) shares fell more than 3% in premarket trading on Monday after the business development company reported first-quarter results that came in below analyst forecasts. The company posted adjusted net investment income of $0.41 per share, missing the consensus estimate of $0.44 per share. Revenue Declines and Net Asset Value Weakens…

Beazer Homes USA (NYSE:BZH) shares jumped 20% on Monday after Dream Finders Homes (NYSE:DFH) publicly proposed acquiring the homebuilder in an all-cash deal valued at $25.75 per share. The offer represents a premium of roughly 40% compared with Beazer’s closing price of $18.35 on May 5 and values the company at approximately $704 million based…

Constellation Energy Group (NASDAQ:CEG) shares climbed more than 5% in premarket trading on Monday after the nuclear energy company reported first-quarter results that exceeded Wall Street expectations on both profit and revenue. The company posted quarterly earnings per share of $2.74, ahead of analyst estimates of $2.59. Revenue Comes in Well Above Expectations First-quarter revenue…

The Hain Celestial Group, Inc. (NASDAQ:HAIN) shares surged more than 12% in premarket trading on Monday after the company reported fiscal third-quarter earnings that came in ahead of analyst expectations, despite weaker-than-expected revenue. The health and wellness food company posted an adjusted loss of $0.01 per share for the quarter ended March 31, 2026, outperforming…

Seadrill Limited (NYSE:SDRL) shares climbed more than 6% in premarket trading on Monday after the offshore drilling contractor reported first-quarter results that topped analyst expectations and raised its outlook for 2026. The company posted a quarterly loss of $0.11 per share, outperforming analyst forecasts for a loss of $0.28 per share. Revenue and EBITDA Beat…

IREN Limited (NASDAQ:IREN) shares fell 6% on Monday after the company announced plans to launch a $2 billion offering of convertible senior notes. The company said the proposed notes, due in 2033, will be offered privately to qualified institutional buyers. Company May Expand Offering by Additional $300 Million IREN also disclosed that it expects to…

monday.com Ltd. (NASDAQ:MNDY) shares soared more than 22% after the company reported first-quarter results that exceeded Wall Street expectations on earnings, revenue and forward guidance. The AI-focused work management platform posted adjusted earnings per share of $1.15, comfortably ahead of analyst forecasts of $0.95 per share. Revenue Growth and Profitability Impress Investors Quarterly revenue reached…

Rackspace Technology (NASDAQ:RXT) shares climbed as much as 10% on Monday morning, continuing the strong momentum seen after last week’s explosive rally. The stock surged 56% on Friday and has now gained more than 200% since the company released earnings and announced a strategic partnership with AMD on May 7. Short Covering Appears to Fuel…