3 Stocks Trending Up During Today’s Market Sell-Off

The Dow fell more than 1,800 points today amid fears a second wave of the coronavirus (COVID-19) popping up around the United States. Three stocks were able to edge higher during the plunge…

Zoom Video Communications Inc ZM 1.33% has consistently been in the headlines during the COIVD-19 pandemic. The stock has moved higher by more than 250% in the last six months.

Many Investors started to pile into the stock during the initial COVID-19 outbreak and they’re starting to get excited again. On June 2, Zoom Video reported a two-fold beat in earnings. Since the earnings print, Zoom is up another 8%.

GrubHub Inc GRUB 2.8% has caught the attention of investors after Uber Technologies Inc UBER 2.79% reported they were looking to acquire the food delivery company. Today, shares ticked up 4.6% after Just Eat Takeaway announced it will buy the company in an all-stock deal.

Grubhub submitted a form to the SEC detailing how the merger will take place. The form says, “This is a logical combination – further solidifying our leadership position in North America while expanding Just Eat Takeaway.com’sbal reach.”

Kroger Co KR 1.56% has been a…

Continue reading at BENZINGA.com



You May Also Like

About the Author: admin