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Check out the companies making headlines yesterday:
Cracker Barrel (NASDAQ: CBRL): Restaurant company Cracker Barrel (NASDAQ: CBRL)
fell by 2.4% on Tuesday after
Argus Research lowered its price target on the stock to $50 from $62 See our full article here.
Atkore (NYSE: ATKR): Electrical safety company Atkore (NYSE: ATKR) rose by 2.1% on Tuesday after
activist investor Irenic Capital Management built a 2.5% stake in the company and urged it to pursue a sale. See our full article here.
PayPal (NASDAQ: PYPL): Digital payments platform PayPal (NASDAQ: PYPL) fell by 3.8% on Tuesday after
OpenAI unveiled a financial offering powered by Stripe, a key competitor, adding to a series of negative developments for the company in Europe. See our full article here.
GoDaddy (NYSE: GDDY): Domain registrar and web services company GoDaddy (NYSE: GDDY) fell by 3.2% on Tuesday after
UBS lowered its price target on the stock, citing concerns over competition from artificial intelligence. See our full article here.
UiPath (NYSE: PATH): Automation software company UiPath (NYSE: PATH) rose by 10.8% on Tuesday after
the company announced a series of collaborations with major technology players, including Snowflake, OpenAI, NVIDIA, and Google, to bolster its automation platform with advanced artificial intelligence capabilities. See our full article here.
