Moody’s Investors Service upgraded Molson Coors Beverage Co.’s TAP senior unsecured rating to Baa2 from Baa3 on Wednesday, and revised the outlook to positive. The move reflects “consistent debt repayment, conservative leverage targets and recent go...

Smith Douglas Homes Corp., a Woodstock, Ga., home builder that lists former Agriculture Secretary and Georgia Governor George E. “Sonny” Perdue III as a shareholder, plans to go public on the New York Stock Exchange under the symbol “SDHC”, according t...

Shares of Advance Auto Parts Inc. AAP sank 6.5% in premarket trading Wednesday, after the auto parts seller reported a surprise large fiscal third-quarter loss and slashed its full-year outlook, while announced a cost-cutting plan aimed at saving $150 ...

Education company Chegg Inc.’s stock CHGG rose 2.6% premarket Wednesday, after the company announced a $150 million accelerated share repurchase with Morgan Stanley Bank N.A. Chegg will make an initial payment of $150 million in return for 13.5 million...

Shares of Target Corp. TGT shot up 9.7% toward a two-month high in premarket trading Wednesday, after the discount retailer reported fiscal third-quarter profit that was well above expectations, while net sales fell short. Net income for the quarter to...

Shares of Arcellx Inc. ACLX were set to surge Wednesday, after biotechnology company announced a $200 million equity investment by Gilead Sciences Inc.’s GILD Kite as part of an expanded collaboration. Under terms of the investment, Gilead will buy 3.2...

Xpeng Inc.’s ADR XPEV fell 2% in premarket trade Wednesday, after the Chinese electric vehicle company’s third-quarter loss widened from a year ago while revenue fell short of estimates. Xpeng posted a net loss of RMB3.89 billion ($0.53 billion), or RM...