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Richard B. Levine/Zuma Press
Here are some of the companies with shares expected to trade actively in Tuesday’s session. Check back closer to the market open for an update.
Sonos
Inc.
—Down 16%: The speaker maker, which went public last month, posted quarterly sales roughly in line with analyst targets and gave in-line full-year revenue projections.
Francesca’s Holdings
Corp.
—Down 29%: The retailer reported second-quarter earnings and sales that missed analysts’ expectations and gave lower guidance than expected, citing “weak traffic trends.
Amazon.com Inc.—Down 0.3%: Shares of
have fallen in four consecutive sessions for the first time this year. The dip comes after the e-commerce giant briefly topped a $1 trillion market value and has pushed Amazon’s market cap back below $950 billion.
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PLC—Up 3.2%: Activist investor Nelson Peltz, founder of the hedge fund Trian Fund Management LP, resigned from the industrial manufacturer’s board on Monday, the company said.
Halliburton
Co.
—Up 0.1%: Halliburton was initiated with a buy rating by Stifel Nicolaus, with analysts saying the oil-service provider is still the “go to” large cap name for U.S. land exposure with a record of strong growth.
Integrated Device Technology
Inc.
—Up 11%: Japanese firm Renesas Electronics said it would buy California-based Integrated Device Technology for $6.7 billion. If the deal is approved, Renesas would pay $49 per share, a 29.5% premium over IDT’s stock price as of Aug. 30, when the Japanese company initially said it was considering the acquisition.
Nutanix Inc.—Up 3.4%: Nutanix, a cloud computing company, said it closed the largest deal in company history, worth more than $20 million, with an agency in the U.S. Defense Department.
—Up 4.4% : The retailer beat on profits and sales in the most recent quarter.
AmerisourceBergen Corp.—Unchanged: The drug distributor said finance chief Tim Guttman will retire in November and will be succeeded by Executive Vice President James Cleary.
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Write to Amrith Ramkumar at amrith.ramkumar@wsj.com
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