Company News for Aug 5, 2022

  • Shares of Coinbase Global, Inc. COIN surged 10% after it announced a partnership with BlackRock, Inc. BLK to provide its institutional clients access to crypto trading and custody services.
  • Meta Platforms, Inc.’s META shares rose 1.1% after it announced that in a bid fund share buybacks and a business revamp, it is going to $10 billion in a first-ever bond offering.
  • Shares of Eli Lilly and Company LLY dropped 2.6% after it reported second-quarter 2022 earnings of $1.25 per share, missing the Zacks Consensus Estimate of $1.80 per share.
  • Cigna Corporation’s CI shares rose 3.1% after it reported second-quarter 2022 earnings of $6.22 per share, beating the Zacks Consensus Estimate of $5.44 per share.

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BlackRock, Inc. (BLK): Free Stock Analysis Report

Eli Lilly and Company (LLY): Free Stock Analysis Report

Cigna Corporation (CI): Free Stock Analysis Report

Coinbase Global, Inc. (COIN): Free Stock Analysis Report

Meta Platforms, Inc. (META): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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