Stock Groups

Bed Bath & Beyond, Nio, Joby Aviation, Teva & more


A person enters a Bed Bath & Beyond store in the Tribeca neighborhood in New York City.

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See which companies are making the headlines Friday morning trading.

Bed Bath & BeyondRC Ventures announced three members of its activist investor Ryan Cohen would join the Home Goods Retailer’s stock market. The announcement boosted the shares by more than 4% during midday trading. immediately join Bed Bath & Beyond’s board.

NioAmerican-traded shares in the Chinese maker of electric cars fell 10% NioThe company reported fourth quarter results. Nio’s fourth quarter revenue exceeded expectations but StreetAccount estimates for its forward guidance fell short.

Joby AviationElectric aviation company stock rose 12% due to its most recent quarterly results. After losing 31 cents per shares in the previous year, Joby posted earnings of 1 per stock. Morgan Stanley also reiterated that Joby stock is overweight. They noted Joby continued to show momentum and make “meaningful progress in the manufacturing process and certification.”

TevaAfter the announcement, shares of the drugmaker rose 4.7% Bernstein upgraded the stockTeva releases new products, while Teva looks at possible settlements for ongoing opioid litigation. Teva continues to outperform the market.

Honest CompanyThe mixed quarterly numbers caused shares to plummet 25% in the consumer goods business. According to The Honest Company, it suffered a 10c per share loss on revenue of $80.4 million. According to Refinitiv. Analysts had expected a 6 cent per share loss on revenue of $84.6million.

FortinetFortinet dropped 2.7% following a Bank of America downgrade from neutral to buy. Fortinet shares are experiencing strong earnings growth, according to Bank of America.

Alibaba, — Chinese technology stocks listed in the U.S. fell again on Friday, as they continue to face increased scrutiny in China and potential U.S. delistings. Alibaba dropped 3.1%, fell 3% and Pinduoduo lost 4%. Didi GlobalNearly 14% of the population fell.

— CNBC’s Maggie Fitzgerald, Jesse Pound and Sarah Min contributed reporting