In This Article:
Hims & Hers Health (HIMS) will be acquiring European telehealth platform Zava in an all-cash deal.
Joby Aviation (JOBY) is exploring an agreement to sell up to 200 of its air taxis to a Saudi Arabian investor. Also watch Yahoo Finance's interview with Joby Aviation CEO JoeBen Bevirt from October 2024.
JPMorgan analysts upgraded Pinterest (PINS) shares to Overweight.
To watch more expert insights and analysis on the latest market action, check out more Catalysts here.
It's now time for some of today's trending tickers. We are watching Hims & Hers, Joby Aviation, and Pinterest. First up, Hims & Hers announcing plans to acquire European telehealth platform Zava. The deal will expand the company's footprint in the UK and officially launch it into Germany, France, and Ireland. The all-cash acquisition expected to close in the second half of this year, those shares up over 3 and a half percent. Next up, Joby Aviation exploring an agreement to sell up to 200 of its air taxis to major Saudi Arabian investor. The potential deal could be worth as much as a billion dollars and could help the company in its efforts to expand into the Middle East. And finally, Pinterest upgraded to overweight from neutral at JP Morgan. The analyst behind the call also raising the price target to $40 saying that diversification of the company's advertising platform does support further upside revenue going forward. You can see those shares up nearly 5%. You can scan the QR code below where you can track the best and worst performing stocks with Yahoo Finance's trending tickers page.