Sanderson Farms, Pilgrim’s Delight, Globalstar


A employee sporting a protecting masks fulfills a web-based order at a Stew Leonard’s grocery store in Paramus, New Jersey, on Tuesday, Could 12, 2020. Stew Leonard Jr. stated that the meatpacking plant the corporate makes use of is working at about 70% capability, and he expects it to rebound to full capability in a couple of month, CT Put up reported.

Angus Mordant | Bloomberg | Getty Pictures

Take a look at the shares making strikes after the bell on Monday:

Sanderson Farms — The rooster producer’s inventory rose practically 10% after a report stated the corporate is exploring a sale. Sanderson is the third-largest rooster producer within the U.S. and has a market worth of $3.5 billion.

Globalstar — The satellite tv for pc communications firm’s inventory fell 1.3% after leaping 17% throughout common buying and selling. Earlier within the day, B. Riley started protection of Globalstar with a purchase score, saying it has “moved by way of the high-risk portion of its historical past and is now poised to begin producing returns.”

Pilgrim’s Delight — Shares of Pilgrim’s Delight rose about 1%. The corporate on Thursday entered an settlement to buy the meats and meals enterprise of Eire’s Kerry Client Meals.

Diamondback Vitality — The oil firm rose barely after the bell because it seems to construct on its sharp features this 12 months. Yr so far, Diamondback Vitality is up 89.1%, and it ended Monday’s common session up greater than 6%. The strikes come because the S&P 500 power sector is on tempo for its greatest 12 months in three a long time.

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