24H | Perpetua Resources Jumps 7%; Cadence and Whirlpool Drop 2%; F5 Sinks 7%; Rambus Tumbles 20%

Tiger Newspress
Oct 28

Perpetua Resources shares gained another 6.6% in overnight trading. The shares jumped 6.6% on Monday after saying it entered into agreements to raise $255 million in equity investments from Agnico Eagle Mines and JPMorganChase in a private placement.

Cadence Design Systems forecast fourth-quarter profit just shy of market estimates on Monday, as Sino-U.S. trade tensions threaten to hurt demand for its chip design software from key market China. The shares dropped 2.4% in overnight trading.

Whirlpool reported third-quarter revenue results that topped Wall Street expectations, driven by strong North American demand, even as the company continues to face challenges with oversupply on the marketplace and ongoing uncertainty about tariffs. The shares fell 2.4% in overnight trading.

Cybersecurity firm F5 forecast annual revenue below Wall Street estimates on Monday, warning that a recent systems breach that triggered alarm over potential risks to U.S. and UK government systems would hurt demand for its services. Shares of the company, which serves most of the Fortune 500 firms in some capacity, were down 7% in overnight trading.

Galaxy Digital stock sank 7.8% in overnight trading following the company’s announcement of a private offering of $1.0 billion in exchangeable senior notes due 2031.

Rambus shares tumbled 19.5% in overnight trading after the memory-linked semiconductor company reported mixed third-quarter results compared to Wall Street's expectations.

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