Stocks’ Beatable Move: Twitter, Inc. (NYSE:TWTR), Brinker International, Inc. (NYSE:EAT), Second Sight Medical Products, Inc. (NASDAQ:EYES)

April 25, 2023 2:08 pm3 commentsViews: 52

Twitter, Inc.’s (NYSE:TWTR) head of mergers and acquisitions, Rishi Garg, declared that he’s leaving the nest following just a year on the job the newest in a string of high-profile departures that has infection the micro-blogging firm since its 2013 IPO. Garg tweeted “After an amazing ride as Twitter’s VP Corporate Development and Strategy, I’m saying farewell. “I’m off to pursue some exciting new projects; more soon! #staytuned,” wrote Garg, who only joined Twitter in May, 2014, from payments company Square. Garg’s departure comes weeks after the company said it is replacing CEO Dick Costolo with Twitter co-founder Jack Dorsey, who is also founder of Square. Shares of Twitter, Inc. (NYSE:TWTR) opened at $34.95 with 654.77 million outstanding shares and hit to its highest price of $35.33 during the day and finally closed at $35.26 by scoring 0.26%. In the whole session, it traded on volume of 17.28 Million shares, which turned higher than its average volume.

A casual dining restaurant company, Brinker International, Inc. (NYSE:EAT) released that it purchased Pepper Dining Holding Corp, a franchisee of 103 Chili’s Grill & Bar restaurants primarily located in the Northeast and Southeast. Brinker paid $106.5 million for the deal, and expects the transaction to be EPS accretive in fiscal year 2016. The company said it will provide more details about the acquisition in August. On the other consideration, Brinker International, Inc. (NYSE:EAT) begun last trade with a price of $59.07 and throughout the trading session climbed at $59.07. The day-trade ended with an advance of 0.31% to close at $58.79. The stock is going forward its fifty-two week low with 36.89% and lagging behind from its 52 week high price with -6.37%.

Second Sight Medical Products, Inc. (NASDAQ:EYES) released that it has hired life sciences industry veteran Will McGuire as President and CEO, effective August 18. McGuire succeeds Dr. Robert Greenberg, who will become Chairman of the BOD of Second Sight, replacing Alfred Mann, who will assume the role of Chairman Emeritus. McGuire joins Second Sight from Volcano Corporation, where he was President of Americas Commercial since 2014 and Senior Vice President and General Manager of Coronary Imaging, Systems and Program Management since 2013. Second Sight Medical Products, Inc. (NASDAQ:EYES) stock hit highest price at $15.04, beginning with a price of $14.89 to close at 14.64 by a decrease of -2.66% with a day range of $14.18-$15.04. The total market capitalization remained 518.21 Million, total volume of 1.71 Million shares held in the session was surprisingly higher than its average volume of 714.81 shares.


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