Check out the companies making headlines in midday trading. Berkshire Hathaway — Berkshire’s Class B shares dipped 1.2% in intraday trading. Earlier in the session, the conglomerate’s stock reached all-time highs, following strong operating earnings in its fourth quarter. R1 RCM — Shares surged 28% after major holders of the health-care payment tech company indicated that they have been weighing strategic alternatives, including taking R1 RCM private, according to a filing with the U.S. Securities and Exchange Commission. Freshpet — Shares surged 16%. The pet food company posted fourth-quarter adjusted earnings before interest, taxes, depreciation and amortization of $31.3 million, topping the FactSet consensus estimate of $27.4 million. Revenue of $215.4 million was above the $204.6 million. HashiCorp — Shares jumped 14% after Morgan Stanley upgraded the software company to overweight from equal weight. The bank said HashiCorp should benefit from a resurgence in cloud initiatives. Pilgrim’s Pride — Shares climbed 6.2% after the meat processing company beat Wall Street’s expectations for the fourth quarter. Pilgrim’s Pride reported earnings of 59 cents per share, excluding items, on $4.53 billion in revenue, while analysts surveyed by FactSet had called for earnings of 43 cents per share on $4.48 billion in revenue for the quarterly period. Domino’s Pizza — Shares advanced 6% after the restaurant chain announced it would raise its dividend by 25% , …
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[mwai_chat context=”Let’s have a discussion about this article:nnCheck out the companies making headlines in midday trading. Berkshire Hathaway — Berkshire’s Class B shares dipped 1.2% in intraday trading. Earlier in the session, the conglomerate’s stock reached all-time highs, following strong operating earnings in its fourth quarter. R1 RCM — Shares surged 28% after major holders of the health-care payment tech company indicated that they have been weighing strategic alternatives, including taking R1 RCM private, according to a filing with the U.S. Securities and Exchange Commission. Freshpet — Shares surged 16%. The pet food company posted fourth-quarter adjusted earnings before interest, taxes, depreciation and amortization of $31.3 million, topping the FactSet consensus estimate of $27.4 million. Revenue of $215.4 million was above the $204.6 million. HashiCorp — Shares jumped 14% after Morgan Stanley upgraded the software company to overweight from equal weight. The bank said HashiCorp should benefit from a resurgence in cloud initiatives. Pilgrim’s Pride — Shares climbed 6.2% after the meat processing company beat Wall Street’s expectations for the fourth quarter. Pilgrim’s Pride reported earnings of 59 cents per share, excluding items, on $4.53 billion in revenue, while analysts surveyed by FactSet had called for earnings of 43 cents per share on $4.48 billion in revenue for the quarterly period. Domino’s Pizza — Shares advanced 6% after the restaurant chain announced it would raise its dividend by 25% , …nnDiscussion:nn” ai_name=”RocketNews AI: ” start_sentence=”Can I tell you more about this article?” text_input_placeholder=”Type ‘Yes'”]
