Cinemark (CNK) – Cinemark is among movie theater chains seeing positive sentiment today, after A Quiet Place, Part II topped the weekend box office with more than $58 million in ticket sales. That was the highest weekend total for any movie since the pandemic began. AMC, Cinemark and Regal Cinemas have also lifted all mask mandates for fully vaccinated customers. Cinemark rose 1.8% in the premarket.
Cloudera (CLDR) – Cloudera agreed to be acquired by private-equity firms KKR (KKR) and Clayton Dubilier & Rice for $16 per share. The cloud-based data analytics company s shares surged 24.8% in premarket trading.
Canopy Growth (CGC) – The Canadian cannabis producer reported a 38% jump in revenue during its fiscal fourth quarter, though that increase was slightly smaller than analysts had been anticipating. Canopy Growth cut its quarterly loss by 8% and reiterated that it expects to become profitable during this fiscal year. Its shares rose 1% in premarket trading.
Brandon Evans August 28, 2020
Social Capital Hedosophia Holdings Corp. V [NYSE: IPOE] gained 3.75% or 0.63 points to close at $17.43 with a heavy trading volume of 4634012 shares. The company report on May 18, 2021 that Social Finance Technologies to Trade on Nasdaq as “SOFI”.
Social Capital Hedosophia Holdings Corp. V (NYSE: IPOE) (“SCH” and, after the Domestication as described below, “SoFi Technologies”) announced the pending transfer of the listing of its Class A ordinary shares, par value $0.0001 per share (the “SCH Class A ordinary shares”) and redeemable warrants (the “SCH warrants”) from the New York Stock Exchange (“NYSE”) to the Nasdaq Global Select Market (“Nasdaq”) in connection with its pending business combination with Social Finance, Inc. (“SoFi”).