This post was originally published on this site
Contextlogic Inc (NASDAQ:WISH) 29% HIGHER; announced today that its Board of Directors has approved a share repurchase program with authorization to repurchase up to $50 million in shares of its Class A common stock.
EyePoint Pharmaceuticals, Inc. (NASDAQ:EYPT) 7% HIGHER; Baird initiates with an Outperform rating and a price target of $33.00.
CSX Corp. (NASDAQ:CSX) 3% HIGHER; reported Q1 EPS of $0.48, $0.05 better than the analyst estimate of $0.43. Revenue for the quarter came in at $3.71 billion versus the consensus estimate of $3.59B.
XPO Logistics (NYSE:XPO) 2% HIGHER; Citi from Neutral to Buy with a price target of $50.00 (from $37.00) on today’s news of a new COO.
