Today’s top business headlines with ChristineRomans before the opening bell on Wall Street:
The latest jobs report, which will be published at 8:30 a.m. ET, is expected to show that US payroll growth decelerated to 185,000 jobs in May, according to a Refinitiv survey of economists. That would mark a slowdown from April's surge of 263,000.However, adding that many jobs would still represent very healthy growth, especially given that unemployment is sitting at a 49-year low of 3.6%. Wages gains are expected to be flat, at about 3.2% over the previous year.
Beyond Meat, which makes plant-based protein, has generated significant hype in recent weeks on the back of its successful public offering. If shares jump as much as expected when US markets open, its stock would be at nearly five times its IPO price of $25 per share.Before the Bell newsletter: Key market news. In your inbox. Subscribe now!3. Market relief: US stock futures point to another day of gains on optimism that central banks are preparing for more easing.
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Beyond Meat stock soars after first earnings reportBeyond Meat could extend its rally, with shares of the maker of meat alternatives surging in after-hours trading Thursday after the company delivered an...
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Beyond Meat stock soars after first quarterly report since IPOBeyond Meat surged 160% in its first day trading on the public markets and has soared nearly 300% above its initial public offering price.
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Plant-based burger maker Beyond Meat beats forecasts, and stock soarsBeyond Meat stock soared after the maker of plant-based burgers beat expectations in its first earnings report since its IPO and issued a rosy sales forecast.
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Beyond Meat gets extra fire from being rareThe meatless-burger maker reported first-quarter numbers only a hair better than it already estimated yet the stock, which had already quadrupled since its IPO a month ago, surged more than 15%. A $7 bln valuation is too hot – but then it’s the only item of its kind on the menu.
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Stocks making the biggest moves after hours: Beyond Meat, Zoom Video, DocuSign and moreSee which stocks are posting big moves after the bell on Thursday, June 6.
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Beyond Meat will report earnings after the bell for the first time since going publicBeyond Meat surged 160% in its first day trading on the public markets and has soared nearly 300% above its initial public offering price.
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