Stephens starts on Mister Car Wash with equal-weight, $8 target
Investing.com — Stephens began coverage of Mister Car Wash Inc (NYSE:MCW) with an “Equal-Weight” rating and a price target of $8 amid ongoing challenges in retail traffic and consumer spending. Revenue per store has fallen 7% since the first quarter
Colonial shuts pipeline due to potential gasoline leak
By Nicole Jao and Shariq Khan NEW YORK (Reuters) -Colonial Pipeline, the largest refined products pipeline operator in the United States, said on Tuesday it was responding to a report of a potential gasoline leak in Paulding County, Georgia and that
Kymera stock surges on product pipeline update
On Tuesday, Kymera Therapeutics shares leaped 12% following the biotechnology firm’s update on its product pipeline. The New York-based company announced progress in its programs for atopic dermatitis (AD) and asthma, which has sparked a positive response in the market. Kymera,
US airline industry lobbying group chief retiring at end of year
By David Shepardson WASHINGTON (Reuters) – The long-time head of the trade group Airlines for America who helped U.S. airlines win $54 billion in federal COVID relief funds will retire at the end of the year. Nick Calio, a former aide to
RedNote gains popularity as TikTok ban looms in the U.S.
Investing.com — As the proposed U.S. ban on the popular social media app TikTok approaches, Chinese social media app RedNote has seen a surge in new users. The app, known as Xiaohongshu in China, has been attracting American and Chinese