HomeLifestyleVehiclesStock Movers Today: KSS, MU, NIO, XPEV, LI
Stock Movers Today: KSS, MU, NIO, XPEV, LI

Kohl’s (KSS) stock price sank today after terminating takeover talks with Franchise Group (FRG). Franchise Group (FRG) previously offered $60 per share for Kohl’s (KSS) and considered dropping the bid to $50 per share. KSS shares hit a 52-week low. The Micron (MU) stock price was lower after their earnings report was announced. It indicated $2.59 in EPS and $8.64B in revenue. How does Micron (MU) compare to other semiconductor stocks like AMD Inc. (AMD), Intel (INTC), and Nvidia (NVDA)? Next, Jeff Pierce weighs in on Mizuho cutting price targets for certain payment stocks. Mizuho lowered the Mastercard (MA) stock price target to $375 from $435. They also cut the Visa (V) stock price target to $215 from $235. Truist lowered the Netflix (NFLX) stock price target to $210 from $300. NFLX shares are down 70% in 2022. Finally, Pierce discusses Chinese electric vehicle makers reporting June deliveries. These stocks include Nio Inc. (NIO), Li Auto (LI), and XPeng (XPEV).

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