On this episode of Stock Movers:
- WK Kellogg (KLG) shares are higher on news that Ferrero Group to buy WK Kellogg for $23 per share, representing a total enterprise value of $3.1b. The W.K. Kellogg Foundation Trust and Gund Family agreed to vote 21.7% of WK Kellogg Co’s shares in favor of deal
- Delta (DAL) shares rise after the carrier announced that it is restoring its full-year earnings guidance. The company expects full-year adjusted EPS of $5.25 to $6.25 in 2025.
- MP Materials (MP) shares are higher after they struck a multi-billion dollar public-private deal with the US Department of Defense to build a new magnet plant and expand rare earth capabilities, backed by $400m in equity and a $1b loan commitment.

Meta Platforms, Adobe and Ulta Beauty Plunge
05:05

Adobe Falls, Peloton Drops, Hims & Hers Health Mixed As Shares Set for Record Week
04:10

Once Upon a Farm Tumbles, Ulta Beauty Sinks, Adobe Falls After CEO Steps Down
03:13