$MFG News and Market Events
Every $MFG story Market Flux has tracked.
- Top Mover
Barry Diller's People Inc Withdraws $18 Billion MGM Resorts Buyout Bid, Stock Sinks 11%
Barry Diller's People Inc. withdrew its proposal to acquire the remaining public shares of MGM Resorts International on September 24, sending MGM shares down as much as 11% during the…
- Unusual Volume
Stitch Fix Shares Plunge 19% After Weak FY2027 Revenue and EBITDA Guidance
Stitch Fix tumbled roughly 19% in premarket trading on September 24, 2026, after the online personal styling company posted mixed fourth-quarter 2026 results and issued a fiscal 2027…
- Unusual Volume
MGM Resorts Eyes Counterbid for People Inc After Diller Withdraws $18 Billion Takeover Offer
Barry Diller's People Incorporated withdrew its $48.30-per-share cash offer to acquire MGM Resorts International's remaining public shares on September 24, collapsing an $18 billion deal it…
- Top Mover
Intel Shares Climb 4% as Dell Earnings Fuel CPU Demand Optimism and Mizuho Cuts Target
Intel shares rose roughly 4% on September 4 as chip stocks broadly shrugged off rising rate-hike odds, with AMD gaining about 3% and Nvidia ticking higher. The rally came despite Mizuho…
- Top Mover
PG&E Plunges Up to 19% After California Wildfire Bill Omits Utility Liability Protections
PG&E Corporation shares fell as much as 19% in premarket trading on August 31 and continued sharply lower through the session after the California State Assembly advanced wildfire…
- Market Flux Event
Advent and Stripe Abandon $50 Billion Takeover Bid for PayPal, Sending Shares Tumbling
PayPal shares fell sharply on August 28 after Bloomberg reported that Advent International and Stripe have walked away from their roughly $50-53 billion pursuit of the payments company. The…
- Top Mover
Progressive Corp Stock Jumps 4% After July Results Beat Expectations Despite 12% Profit Drop
Progressive Corp reported July 2026 net income of $961 million, or $1.65 per share, a 12% decline from $1.09 billion, or $1.85 per share, in July 2025. Net premiums written grew 5% year…
- Unusual Volume
Cerebras Systems Tumbles After Q2 Revenue Miss Despite Raised Full-Year Guidance
Cerebras Systems (NASDAQ: CBRS) whipsawed sharply on Wednesday and Thursday after its second-quarter results disappointed Wall Street on the top line. The stock surged 11.6% during the…