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Hot Stocks
Symbotic debuts on Nasdaq under ticker 'SYM' » 07:17
06/08/22
06/08
07:17
06/08/22
07:17
SYM

Symbotic

/

+

, SVFC

SVF Investment Corp. 3

$9.07 /

-0.18 (-1.95%)

Symbotic (SYM) announced…

Symbotic (SYM) announced that shares of its Class A common stock will trade on The Nasdaq Stock Market under the ticker symbol "SYM." Symbotic's trading debut comes after the completion of its business combination with SVF Investment Corp. 3 (SVFC), a special purpose acquisition company sponsored by an affiliate of SoftBank Investment Advisers. The combined company now operates as Symbotic. "Symbotic transforms the supply chain with automation and intelligence so that our customers' warehouse distribution networks become a competitive advantage," said Michael :oparco, CEO of Symbotic. "As a public company, we have greater capital to scale our platform more rapidly. The ongoing support of SoftBank and all our investor partners will help us transform the industry and innovate faster for the benefit of our customers."

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SYM Symbotic
/

+

SVFC SVF Investment Corp. 3
$9.07 /

-0.18 (-1.95%)

SYM Symbotic
/

+

05/16/22 Northland
SVF Investment Corp. 3 initiated with an Outperform at Northland
SVFC SVF Investment Corp. 3
$9.07 /

-0.18 (-1.95%)

05/25/22 Northland
New Walmart deal more than doubles Symbotic backlog, says Northland
05/19/22 DA Davidson
SVF Investment Corp. 3 initiated with a Buy at DA Davidson
05/19/22 DA Davidson
SVF Investment Corp 3 initiated with a Buy at DA Davidson
SYM Symbotic
/

+

Hot Stocks
Symbotic completes combination with SPAC SVF Investment » 16:52
06/07/22
06/07
16:52
06/07/22
16:52
SVFC

SVF Investment Corp. 3

$9.07 /

-0.18 (-1.95%)

, SFTBY

SoftBank Group

$20.84 /

+0.1 (+0.48%)

Symbotic announced the…

Symbotic announced the completion of its business combination with SVF Investment (SVFC), a special purpose acquisition company sponsored by an affiliate of SoftBank Investment Advisers, to become a publicly traded company. The combined company will operate as "Symbotic Inc.," and its Class A common stock expects to trade on The Nasdaq Stock Market under the ticker symbol "SYM" on June 8. The business combination was approved at a special meeting of SVFC shareholders held on June 3, As a result of the transaction, the combined company received additional growth capital to supplement its existing $363M of combined cash on the balance sheet as of March 26, and proceeds from a May 20, warrant exercise. This will enable Symbotic to accelerate its growth, expand into new verticals, and progress toward its financial targets. With an existing industry-leading $11-plus billion in contracted orders, Symbotic has proven to customers the power of its technology and ability to scale quickly. "Our vision at Symbotic has always been to reinvent the supply chain with artificial intelligence and robotics - transforming the distribution network into a strategic asset," said Rick Cohen, Chairman of the Board of Directors and President of Symbotic. "As a leading robotics innovator, I look forward to scaling Symbotic to meet the incredible demands and opportunities of the global supply chain. We are proud to be affiliated with the SoftBank (SFTBY) team and are eager to begin this next chapter together." "We believe Symbotic is at the forefront of a more than $350B market opportunity to reinvent warehouse automation and reshape the global supply chain," said Vikas J. Parekh, Managing Partner for SoftBank Investment Advisers and a member of Symbotic's Board of Directors. "With its revolutionary A.I.-enabled technology platform and deep relationships with some the world's largest companies, Symbotic is already making the right strategic investment decisions and we believe it is well positioned to achieve long-term success." Michael J. Loparco, Symbotic CEO, will continue to lead the combined company through its next phase of growth, innovation, and expansion, alongside Rick Cohen, Chairman of the Board of Directors and President of Symbotic.

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SVFC SVF Investment Corp. 3
$9.07 /

-0.18 (-1.95%)

SFTBY SoftBank Group
$20.84 /

+0.1 (+0.48%)

SVFC SVF Investment Corp. 3
$9.07 /

-0.18 (-1.95%)

05/25/22 Northland
New Walmart deal more than doubles Symbotic backlog, says Northland
05/19/22 DA Davidson
SVF Investment Corp. 3 initiated with a Buy at DA Davidson
05/19/22 DA Davidson
SVF Investment Corp 3 initiated with a Buy at DA Davidson
05/16/22 Northland
SVF Investment Corp. 3 initiated with an Outperform at Northland
SFTBY SoftBank Group
$20.84 /

+0.1 (+0.48%)

02/08/22 Citi
Street largely expected Nvidia deal to fall through, says Citi
02/07/22 Citi
Alibaba filing may suggest Softbank intention to sell shares, says Citi
07/21/21 JPMorgan
SoftBank Group assumed with an Overweight at JPMorgan
06/08/21 Jefferies
SoftBank upgraded to Buy from Hold at Jefferies
SFTBY SoftBank Group
$20.84 /

+0.1 (+0.48%)

SVFC SVF Investment Corp. 3
$9.07 /

-0.18 (-1.95%)

SFTBY SoftBank Group
$20.84 /

+0.1 (+0.48%)

Over a month ago
Recommendations
New Walmart deal more than doubles Symbotic backlog, says Northland » 09:23
05/25/22
05/25
09:23
05/25/22
09:23
SVFC

SVF Investment Corp. 3

$9.98 /

+0.015 (+0.15%)

Northland analyst Michael…

Northland analyst Michael Latimore noted that Symbotic announced a new, expanded deal with Walmart (WMT) this week that covers all 42 U.S. distribution centers, up from 25 previously. Symbotic's backlog now sits at $11.1B, up from $5.2B, noted Latimore, who adds that this backlog is about 4 times his next three year forecast. Given that the shareholder vote on the SVF/Symbotic merger is scheduled for June 3, he thinks Symbotic is not permitted to update guidance, added Latimore. He keeps an Outperform rating and $16 price target on SVF Investment Corp. 3, which has previously announced a proposed business combination with Symbiotic.

ShowHide Related Items >><<
SVFC SVF Investment Corp. 3
$9.98 /

+0.015 (+0.15%)

SVFC SVF Investment Corp. 3
$9.98 /

+0.015 (+0.15%)

05/19/22 DA Davidson
SVF Investment Corp. 3 initiated with a Buy at DA Davidson
05/19/22 DA Davidson
SVF Investment Corp 3 initiated with a Buy at DA Davidson
05/16/22 Northland
SVF Investment Corp. 3 initiated with an Outperform at Northland
SVFC SVF Investment Corp. 3
$9.98 /

+0.015 (+0.15%)

Initiation
SVF Investment Corp. 3 initiated with a Buy at DA Davidson » 17:13
05/19/22
05/19
17:13
05/19/22
17:13
SVFC

SVF Investment Corp. 3

$9.96 /

+0.005 (+0.05%)

DA Davidson analyst Matt…

DA Davidson analyst Matt Summerville initiated coverage of SVF Investment Corp. 3 / Symbiotic with a Buy rating and $15 price target. Symbotic operates in a "massive Serviceable Available Market", with numerous vertical/horizontal opportunities for growth and geographic expansion, the analyst tells investors in a research note, adding that he expects Symbotic to generate positive adjusted EBITDA and free cash flow in FY23.

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SVFC SVF Investment Corp. 3
$9.96 /

+0.005 (+0.05%)

SVFC SVF Investment Corp. 3
$9.96 /

+0.005 (+0.05%)

05/19/22 DA Davidson
SVF Investment Corp 3 initiated with a Buy at DA Davidson
05/16/22 Northland
SVF Investment Corp. 3 initiated with an Outperform at Northland
SVFC SVF Investment Corp. 3
$9.96 /

+0.005 (+0.05%)

Initiation
SVF Investment Corp 3 initiated with a Buy at DA Davidson » 16:52
05/19/22
05/19
16:52
05/19/22
16:52
SVFC

SVF Investment Corp. 3

$9.96 /

+0.005 (+0.05%)

DA Davidson analyst Matt…

DA Davidson analyst Matt Summerville initiated coverage of SVF Investment Corp. 3 with a Buy rating and $15 price target.

ShowHide Related Items >><<
SVFC SVF Investment Corp. 3
$9.96 /

+0.005 (+0.05%)

SVFC SVF Investment Corp. 3
$9.96 /

+0.005 (+0.05%)

05/16/22 Northland
SVF Investment Corp. 3 initiated with an Outperform at Northland
SVFC SVF Investment Corp. 3
$9.96 /

+0.005 (+0.05%)

On The Fly
Street Wrap: Today's Top 15 Upgrades, Downgrades, Initiations » 10:00
05/16/22
05/16
10:00
05/16/22
10:00
NFLX

Netflix

$191.97 /

+4.26 (+2.27%)

, BABA

Alibaba

$87.73 /

-0.185 (-0.21%)

, PDD

Pinduoduo

$38.32 /

+0.62 (+1.64%)

, TCEHY

Tencent

$45.94 /

+1.881 (+4.27%)

, JD

JD.com

$52.10 /

+0.55 (+1.07%)

, BIDU

Baidu

$117.00 /

+0.11 (+0.09%)

, BILI

Bilibili

$20.93 /

+0.35 (+1.70%)

, NTES

NetEase

$94.12 /

+1.64 (+1.77%)

, CI

Cigna

$264.05 /

+4.84 (+1.87%)

, TTD

Trade Desk

$52.86 /

+0.925 (+1.78%)

, TWLO

Twilio

$106.55 /

-4.24 (-3.83%)

, DIS

Disney

$106.80 /

-0.56 (-0.52%)

, RNG

RingCentral

$67.23 /

-2.03 (-2.93%)

, BAND

Bandwidth

$20.15 /

-0.94 (-4.46%)

, SFT

Shift Technologies

$1.17 /

-0.025 (-2.09%)

, NLSN

Nielsen

$24.97 /

-0.17 (-0.68%)

, MPC

Marathon Petroleum

$97.02 /

+1.04 (+1.08%)

, INM

InMed Pharmaceuticals

/

+

, WOOF

Petco

$18.08 /

-0.565 (-3.03%)

, RH

RH

$279.20 /

-10.88 (-3.75%)

, NVCR

Novocure

$66.48 /

+1.23 (+1.89%)

, SVFC

SVF Investment Corp. 3

$9.94 /

+ (+0.00%)

, WMT

Walmart

$147.88 /

-0.16 (-0.11%)

, SYM

Symbotic

/

+

, DKNG

DraftKings

$13.13 /

+0.52 (+4.12%)

Institutional investors…

ShowHide Related Items >><<
WOOF Petco
$18.08 /

-0.565 (-3.03%)

WMT Walmart
$147.88 /

-0.16 (-0.11%)

TWLO Twilio
$106.55 /

-4.24 (-3.83%)

TTD Trade Desk
$52.86 /

+0.925 (+1.78%)

TCEHY Tencent
$45.94 /

+1.881 (+4.27%)

SVFC SVF Investment Corp. 3
$9.94 /

+ (+0.00%)

SFT Shift Technologies
$1.17 /

-0.025 (-2.09%)

RNG RingCentral
$67.23 /

-2.03 (-2.93%)

RH RH
$279.20 /

-10.88 (-3.75%)

PDD Pinduoduo
$38.32 /

+0.62 (+1.64%)

NVCR Novocure
$66.48 /

+1.23 (+1.89%)

NTES NetEase
$94.12 /

+1.64 (+1.77%)

NLSN Nielsen
$24.97 /

-0.17 (-0.68%)

NFLX Netflix
$191.97 /

+4.26 (+2.27%)

MPC Marathon Petroleum
$97.02 /

+1.04 (+1.08%)

JD JD.com
$52.10 /

+0.55 (+1.07%)

INM InMed Pharmaceuticals
/

+

DKNG DraftKings
$13.13 /

+0.52 (+4.12%)

DIS Disney
$106.80 /

-0.56 (-0.52%)

CI Cigna
$264.05 /

+4.84 (+1.87%)

BILI Bilibili
$20.93 /

+0.35 (+1.70%)

BIDU Baidu
$117.00 /

+0.11 (+0.09%)

BAND Bandwidth
$20.15 /

-0.94 (-4.46%)

BABA Alibaba
$87.73 /

-0.185 (-0.21%)

NFLX Netflix
$191.97 /

+4.26 (+2.27%)

05/16/22 Wedbush
Wedbush sees Netflix positioned to exceed Q2 guidance, upgrades to Outperform
05/16/22 Wedbush
Netflix upgraded to Outperform from Neutral at Wedbush
05/16/22 Stifel
Trade Desk upgraded to Buy from Hold at Stifel
05/13/22 JPMorgan
JPMorgan lays out three major investor concerns on Netflix
BABA Alibaba
$87.73 /

-0.185 (-0.21%)

05/16/22 JPMorgan
Alibaba upgraded to Overweight from Underweight at JPMorgan
05/02/22 Mizuho
Alibaba price target lowered to $160 from $180 at Mizuho
04/11/22 UBS
Alibaba price target lowered to $140 from $150 at UBS
04/10/22 Goldman Sachs
Alibaba assumed with a Buy at Goldman Sachs
PDD Pinduoduo
$38.32 /

+0.62 (+1.64%)

05/16/22 JPMorgan
Pinduoduo upgraded to Overweight from Underweight at JPMorgan
04/29/22 86 Research
Pinduoduo upgraded to Buy from Hold at 86 Research
04/10/22 Goldman Sachs
Pinduoduo assumed with a Buy at Goldman Sachs
03/23/22 UBS
UBS upgrades Pinduoduo to Buy on gross margin expansion offsetting slower growth
TCEHY Tencent
$45.94 /

+1.881 (+4.27%)

05/16/22 JPMorgan
Tencent upgraded to Overweight from Underweight at JPMorgan
05/02/22 Mizuho
Tencent price target lowered to HK$400 from HK$450 at Mizuho
04/10/22 Goldman Sachs
Tencent assumed with a Conviction Buy at Goldman Sachs
03/25/22 Barclays
Tencent price target lowered to $55 from $76 at Barclays
JD JD.com
$52.10 /

+0.55 (+1.07%)

05/16/22 JPMorgan
JD.com upgraded to Neutral from Underweight at JPMorgan
05/02/22 Mizuho
JD.com price target lowered to $90 from $100 at Mizuho
04/13/22 CLSA
JD.com price target lowered to $100 from $108 at CLSA
03/16/22 US Tiger
China Internet sector upgraded to Outperform from Neutral at US Tiger
BIDU Baidu
$117.00 /

+0.11 (+0.09%)

05/16/22 JPMorgan
Baidu upgraded to Neutral from Underweight at JPMorgan
05/02/22 Mizuho
Baidu price target lowered to $285 from $300 at Mizuho
04/10/22 Goldman Sachs
Baidu assumed with a Buy at Goldman Sachs
04/08/22 HSBC
Baidu price target lowered to $180 from $195 at HSBC
BILI Bilibili
$20.93 /

+0.35 (+1.70%)

05/16/22 JPMorgan
Bilibili upgraded to Neutral from Underweight at JPMorgan
05/03/22 Barclays
Bilibili price target lowered to $24 from $32 at Barclays
04/10/22 Goldman Sachs
Bilibili assumed with a Neutral at Goldman Sachs
03/24/22 KGI Securities
Bilibili downgraded to Neutral from Outperform at KGI Securities
NTES NetEase
$94.12 /

+1.64 (+1.77%)

05/16/22 JPMorgan
NetEase upgraded to Overweight from Underweight at JPMorgan
04/10/22 Goldman Sachs
NetEase assumed with a Buy at Goldman Sachs
03/14/22 JPMorgan
NetEase double downgraded to Underweight at JPMorgan amid sector-wide selloff
CI Cigna
$264.05 /

+4.84 (+1.87%)

05/16/22 JPMorgan
Cigna upgraded to Overweight from Neutral at JPMorgan
05/10/22 Raymond James
Cigna price target raised to $300 from $275 at Raymond James
05/09/22 Oppenheimer
Cigna price target raised to $310 from $300 at Oppenheimer
05/09/22 Cowen
Cigna upgraded to Outperform at Cowen following underperformance
TTD Trade Desk
$52.86 /

+0.925 (+1.78%)

05/12/22 DA Davidson
Trade Desk price target lowered to $65 from $105 at DA Davidson
05/11/22 Wells Fargo
Trade Desk price target lowered to $100 from $120 at Wells Fargo
05/11/22 Susquehanna
Trade Desk price target lowered to $95 from $125 at Susquehanna
TWLO Twilio
$106.55 /

-4.24 (-3.83%)

05/16/22 Baird
Baird downgrades three cloud stocks on focus shift to cash flows
05/16/22 Baird
Twilio downgraded to Neutral from Outperform at Baird
05/09/22 Mizuho
Twilio price target lowered to $200 from $300 at Mizuho
05/05/22 BTIG
Twilio price target lowered to $230 from $270 at BTIG
DIS Disney
$106.80 /

-0.56 (-0.52%)

05/13/22 Barclays
Disney price target lowered to $130 from $168 at Barclays
05/12/22 RBC Capital
Disney price target lowered to $176 from $210 at RBC Capital
05/12/22 BMO Capital
Disney price target lowered to $135 from $140 at BMO Capital
RNG RingCentral
$67.23 /

-2.03 (-2.93%)

05/16/22 Baird
RingCentral downgraded to Neutral from Outperform at Baird
05/10/22 Northland
RingCentral price target lowered to $175 from $275 at Northland
05/10/22 Craig-Hallum
RingCentral price target lowered to $175 from $270 at Craig-Hallum
BAND Bandwidth
$20.15 /

-0.94 (-4.46%)

05/16/22 Baird
Bandwidth downgraded to Neutral from Outperform at Baird
05/06/22 Needham
Bandwidth downgraded to Hold from Buy at Needham
05/05/22 Canaccord
Bandwidth price target lowered to $71 from $86 at Canaccord
SFT Shift Technologies
$1.17 /

-0.025 (-2.09%)

05/16/22 Benchmark
Shift Technologies downgraded to Hold at Benchmark on higher financing cost
05/16/22 Benchmark
Shift Technologies downgraded to Hold from Buy at Benchmark
05/11/22 Cantor Fitzgerald
Shift Technologies price target lowered to $4 from $8 at Cantor Fitzgerald
05/04/22 BTIG
Shift Technologies downgraded to Neutral from Buy at BTIG
NLSN Nielsen
$24.97 /

-0.17 (-0.68%)

05/16/22 BMO Capital
Nielsen downgraded to Market Perform from Outperform at BMO Capital
03/30/22 Jefferies
Nielsen downgraded to Hold from Buy at Jefferies
03/29/22 Morgan Stanley
Morgan Stanley raises Nielsen to Equal Weight, says 'may be better off private'
03/29/22 Morgan Stanley
Nielsen upgraded to Equal Weight from Underweight at Morgan Stanley
MPC Marathon Petroleum
$97.02 /

+1.04 (+1.08%)

05/16/22 Goldman Sachs
Marathon Petroleum downgraded to Neutral from Buy at Goldman Sachs
05/04/22 Credit Suisse
Marathon Petroleum price target raised to $110 from $100 at Credit Suisse
04/26/22 Citi
Marathon Petroleum price target raised to $108 from $85 at Citi
04/18/22 Morgan Stanley
Marathon Petroleum price target raised to $115 from $90 at Morgan Stanley
INM InMed Pharmaceuticals
/

+

05/16/22 Roth Capital
InMed Pharmaceuticals downgraded to Neutral from Buy at Roth Capital
11/29/21 H.C. Wainwright
InMed Pharmaceuticals initiated with a Buy at H.C. Wainwright
WOOF Petco
$18.08 /

-0.565 (-3.03%)

05/16/22 Morgan Stanley
Petco initiated with an Equal Weight at Morgan Stanley
05/13/22 Citi
Petco price target lowered to $26 from $28 at Citi
04/14/22 Citi
Petco price target raised to $28 from $26 at Citi
03/29/22 Wedbush
Petco added to Best Ideas List at Wedbush
RH RH
$279.20 /

-10.88 (-3.75%)

05/16/22 Morgan Stanley
RH initiated with an Equal Weight at Morgan Stanley
05/06/22 Gordon Haskett
RH downgraded to Hold from Accumulate at Gordon Haskett
04/19/22 Guggenheim
RH 'capital structure cleansing' amplifies long-term bull case, says Guggenheim
04/01/22 Loop Capital
RH price target lowered to $700 from $800 at Loop Capital
NVCR Novocure
$66.48 /

+1.23 (+1.89%)

05/16/22 H.C. Wainwright
Novocure initiated with a Buy at H.C. Wainwright
05/13/22 Piper Sandler
Novocure price target lowered to $100 from $125 at Piper Sandler
02/07/22 Loop Capital
Loop starts Tumor Treating Fields 'pioneer' Novocure with a Buy
02/07/22 Loop Capital
Novocure initiated with a Buy at Loop Capital
SVFC SVF Investment Corp. 3
$9.94 /

+ (+0.00%)

05/16/22 Northland
SVF Investment Corp. 3 initiated with an Outperform at Northland
WMT Walmart
$147.88 /

-0.16 (-0.11%)

05/16/22 Deutsche Bank
Walmart price target lowered to $181 from $184 at Deutsche Bank
04/20/22 B. Riley
Plug Power agreement with Walmart 'solid validation,' says B. Riley
04/13/22 Morgan Stanley
PayPal CFO exit 'may be perceived as negative signaling,' says Morgan Stanley
SYM Symbotic
/

+

DKNG DraftKings
$13.13 /

+0.52 (+4.12%)

05/16/22 Jefferies
DraftKings reinstated with a Buy at Jefferies
05/09/22 Northland
DraftKings price target lowered to $25 from $40 at Northland
05/09/22 Craig-Hallum
DraftKings price target lowered to $30 from $40 at Craig-Hallum
05/09/22 Oppenheimer
DraftKings price target lowered to $24 from $32 at Oppenheimer
WOOF Petco
$18.08 /

-0.565 (-3.03%)

WMT Walmart
$147.88 /

-0.16 (-0.11%)

TWLO Twilio
$106.55 /

-4.24 (-3.83%)

TTD Trade Desk
$52.86 /

+0.925 (+1.78%)

SFT Shift Technologies
$1.17 /

-0.025 (-2.09%)

RNG RingCentral
$67.23 /

-2.03 (-2.93%)

RH RH
$279.20 /

-10.88 (-3.75%)

PDD Pinduoduo
$38.32 /

+0.62 (+1.64%)

NVCR Novocure
$66.48 /

+1.23 (+1.89%)

NLSN Nielsen
$24.97 /

-0.17 (-0.68%)

NFLX Netflix
$191.97 /

+4.26 (+2.27%)

MPC Marathon Petroleum
$97.02 /

+1.04 (+1.08%)

JD JD.com
$52.10 /

+0.55 (+1.07%)

INM InMed Pharmaceuticals
/

+

DKNG DraftKings
$13.13 /

+0.52 (+4.12%)

DIS Disney
$106.80 /

-0.56 (-0.52%)

CI Cigna
$264.05 /

+4.84 (+1.87%)

BILI Bilibili
$20.93 /

+0.35 (+1.70%)

BIDU Baidu
$117.00 /

+0.11 (+0.09%)

BAND Bandwidth
$20.15 /

-0.94 (-4.46%)

BABA Alibaba
$87.73 /

-0.185 (-0.21%)

  • 27
    May
WMT Walmart
$147.88 /

-0.16 (-0.11%)

TCEHY Tencent
$45.94 /

+1.881 (+4.27%)

RH RH
$279.20 /

-10.88 (-3.75%)

PDD Pinduoduo
$38.32 /

+0.62 (+1.64%)

NTES NetEase
$94.12 /

+1.64 (+1.77%)

NLSN Nielsen
$24.97 /

-0.17 (-0.68%)

NFLX Netflix
$191.97 /

+4.26 (+2.27%)

MPC Marathon Petroleum
$97.02 /

+1.04 (+1.08%)

DKNG DraftKings
$13.13 /

+0.52 (+4.12%)

DIS Disney
$106.80 /

-0.56 (-0.52%)

CI Cigna
$264.05 /

+4.84 (+1.87%)

BILI Bilibili
$20.93 /

+0.35 (+1.70%)

BIDU Baidu
$117.00 /

+0.11 (+0.09%)

BABA Alibaba
$87.73 /

-0.185 (-0.21%)

WOOF Petco
$18.08 /

-0.565 (-3.03%)

WMT Walmart
$147.88 /

-0.16 (-0.11%)

TWLO Twilio
$106.55 /

-4.24 (-3.83%)

TTD Trade Desk
$52.86 /

+0.925 (+1.78%)

TCEHY Tencent
$45.94 /

+1.881 (+4.27%)

SFT Shift Technologies
$1.17 /

-0.025 (-2.09%)

RNG RingCentral
$67.23 /

-2.03 (-2.93%)

RH RH
$279.20 /

-10.88 (-3.75%)

NLSN Nielsen
$24.97 /

-0.17 (-0.68%)

NFLX Netflix
$191.97 /

+4.26 (+2.27%)

MPC Marathon Petroleum
$97.02 /

+1.04 (+1.08%)

INM InMed Pharmaceuticals
/

+

DKNG DraftKings
$13.13 /

+0.52 (+4.12%)

DIS Disney
$106.80 /

-0.56 (-0.52%)

CI Cigna
$264.05 /

+4.84 (+1.87%)

BILI Bilibili
$20.93 /

+0.35 (+1.70%)

BIDU Baidu
$117.00 /

+0.11 (+0.09%)

BAND Bandwidth
$20.15 /

-0.94 (-4.46%)

BABA Alibaba
$87.73 /

-0.185 (-0.21%)

WOOF Petco
$18.08 /

-0.565 (-3.03%)

WMT Walmart
$147.88 /

-0.16 (-0.11%)

TWLO Twilio
$106.55 /

-4.24 (-3.83%)

TTD Trade Desk
$52.86 /

+0.925 (+1.78%)

SFT Shift Technologies
$1.17 /

-0.025 (-2.09%)

RNG RingCentral
$67.23 /

-2.03 (-2.93%)

RH RH
$279.20 /

-10.88 (-3.75%)

PDD Pinduoduo
$38.32 /

+0.62 (+1.64%)

NLSN Nielsen
$24.97 /

-0.17 (-0.68%)

NFLX Netflix
$191.97 /

+4.26 (+2.27%)

MPC Marathon Petroleum
$97.02 /

+1.04 (+1.08%)

JD JD.com
$52.10 /

+0.55 (+1.07%)

DKNG DraftKings
$13.13 /

+0.52 (+4.12%)

DIS Disney
$106.80 /

-0.56 (-0.52%)

CI Cigna
$264.05 /

+4.84 (+1.87%)

BILI Bilibili
$20.93 /

+0.35 (+1.70%)

BIDU Baidu
$117.00 /

+0.11 (+0.09%)

BABA Alibaba
$87.73 /

-0.185 (-0.21%)

Initiation
SVF Investment Corp. 3 initiated with an Outperform at Northland » 09:22
05/16/22
05/16
09:22
05/16/22
09:22
SVFC

SVF Investment Corp. 3

$9.94 /

+ (+0.00%)

, SYM

Symbotic

/

+

, WMT

Walmart

$148.04 /

+0.555 (+0.38%)

Northland analyst Michael…

Northland analyst Michael Latimore initiated coverage of SVF Investment Corp. 3 - which has previously announced a proposed business combination with Symbiotic - with an Outperform rating and $16 price target. Symbotic is "creating the AI-powered warehouse automation category," said Latimore, who points to a large deal with Walmart (WMT) and $5.2B in noncancellable backlog as "evidence of its lead." Following the consummation of the business combination, the post business combination company, to be named Symbotic Inc., will begin trading on Nasdaq under the ticker "SYM."

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WMT Walmart
$148.04 /

+0.555 (+0.38%)

SVFC SVF Investment Corp. 3
$9.94 /

+ (+0.00%)

SVFC SVF Investment Corp. 3
$9.94 /

+ (+0.00%)

SYM Symbotic
/

+

WMT Walmart
$148.04 /

+0.555 (+0.38%)

05/16/22 Deutsche Bank
Walmart price target lowered to $181 from $184 at Deutsche Bank
04/20/22 B. Riley
Plug Power agreement with Walmart 'solid validation,' says B. Riley
04/13/22 Morgan Stanley
PayPal CFO exit 'may be perceived as negative signaling,' says Morgan Stanley
04/13/22 Morgan Stanley
Rainey a 'high quality hire' for Walmart, says Morgan Stanley
WMT Walmart
$148.04 /

+0.555 (+0.38%)

WMT Walmart
$148.04 /

+0.555 (+0.38%)

WMT Walmart
$148.04 /

+0.555 (+0.38%)

WMT Walmart
$148.04 /

+0.555 (+0.38%)

Hot Stocks
SVF Investment Corp. 3 announces effectiveness of registration statement » 06:53
05/10/22
05/10
06:53
05/10/22
06:53
SVFC

SVF Investment Corp. 3

$9.87 /

-0.015 (-0.15%)

, SYM

Symbotic

/

+

SVF Investment Corp. 3…

SVF Investment Corp. 3 announced that the U.S. Securities and Exchange Commission, has declared effective its Registration Statement on Form S-4, which includes a proxy statement/prospectus in connection with its previously announced proposed business combination with Symbiotic through its parent entity Warehouse Technologies LLC. SVF also announced it has scheduled an extraordinary general meeting on June 3, 2022 at 9:00 am Eastern Time for its shareholders of record at the close of business on April 25, 2022 to approve the Business Combination and related proposals. SVF and Symbotic expect to close the Business Combination promptly after the Special Meeting, subject to SVF's shareholder approval and other customary closing conditions. Following the consummation of the Business Combination, the post business combination company, to be named Symbotic Inc., will begin trading on Nasdaq under the ticker "SYM."

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SVFC SVF Investment Corp. 3
$9.87 /

-0.015 (-0.15%)

Over a quarter ago
Hot Stocks
SVF Investment Corp's Symbotic LLC names Michael J. Loparco as CEO » 16:12
03/30/22
03/30
16:12
03/30/22
16:12
SVFC

SVF Investment Corp. 3

$9.91 /

+0.005 (+0.05%)

Symbotic LLC, an…

Symbotic LLC, an A.I.-enabled technology platform provider for the supply chain, names Michael Loparco as CEO. Rick Cohen will remain Chairman of the Board and President, and will focus on product development and customer engagement as Chief Product Officer. Symbotic previously announced its entry into a business combination agreement with SVF Investment Corp.

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SVFC SVF Investment Corp. 3
$9.91 /

+0.005 (+0.05%)

SVFC SVF Investment Corp. 3
$9.91 /

+0.005 (+0.05%)

SVFC SVF Investment Corp. 3
$9.91 /

+0.005 (+0.05%)

Hot Stocks
Symbotic to become public company through merger with SVF Investment Corp. » 06:34
12/13/21
12/13
06:34
12/13/21
06:34
SYM

Symbotic

/

+

, SVFC

SVF Investment Corp. 3

$9.91 /

+ (+0.00%)

, SFTBY

SoftBank Group

$24.34 /

+0.115 (+0.47%)

, WMT

Walmart

$141.02 /

+2.52 (+1.82%)

Symbotic and SVF…

Symbotic and SVF Investment Corp. 3 (SVFC), a special purpose acquisition company sponsored by an affiliate of SoftBank (SFTBY) Investment Advisers, announced a definitive merger agreement expected to make Symbotic a public company listed on Nasdaq. Upon completion of the merger, which is expected in the first half of 2022, the combined company will operate under the "Symbotic Inc." name and will trade on Nasdaq under the ticker symbol "SYM." Symbotic is a product movement technology platform. The Company rebuilt the traditional warehouse, powered by a fleet of autonomous robots with A.I.-enabled software, to create a physical structure that can power a customer's supply chain technology platform. The company operates systems that service over 1,400 stores in 16 states and 8 Canadian provinces. The transaction values Symbotic at a pro forma enterprise value of $4.8B, representing 4.8x Symbotic's forecast 2023 calendar year end estimated revenues, and a pro forma equity value of approximately $5.5B. The transaction is expected to deliver up to $725M of primary gross proceeds, consisting of $320M of cash in trust from SVFC, assuming no public shareholders of SVFC exercise their redemption rights, a $205M common equity PIPE at a $10.00 per share entry price, including a $150M PIPE participation from Walmart (WMT), and a $200M forward purchase of common equity at $10.00 per share by an affiliate of SoftBank Vision Fund 2. The minimum cash of the transaction is fully covered by the $405M of committed equity capital that Symbotic and SVFC have raised. Symbotic also expects to receive an additional $174M in cash from Walmart by the end of December. At closing, assuming no public shareholders of SVFC exercise their redemption rights, existing Symbotic equity holders are expected to own 88% of the combined business, with Symbotic Chairman and Chief Executive Officer Rick Cohen retaining 76% ownership, Walmart retaining 9% and other holders retaining 3%. New investors will own 12%, with SPAC public shareholders owning 6%, the SVFC sponsor and its affiliates owning 5% and other PIPE investors owning 1%. Symbotic's CEO and CFO will be subject to a one-year lock-up period post-closing.

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WMT Walmart
$141.02 /

+2.52 (+1.82%)

SFTBY SoftBank Group
$24.34 /

+0.115 (+0.47%)

SYM Symbotic
/

+

SVFC SVF Investment Corp. 3
$9.91 /

+ (+0.00%)

SFTBY SoftBank Group
$24.34 /

+0.115 (+0.47%)

07/21/21 JPMorgan
SoftBank Group assumed with an Overweight at JPMorgan
06/08/21 Jefferies
SoftBank upgraded to Buy from Hold at Jefferies
04/20/21 Citi
Nvidia deal for Arm has only 10% chance of closing, says Citi
03/11/21 Jefferies
SoftBank downgraded to Hold from Buy at Jefferies
WMT Walmart
$141.02 /

+2.52 (+1.82%)

11/24/21 JPMorgan
Amazon should surpass Walmart as largest retailer in 2022, says JPMorgan
11/19/21
Fly Intel: Top five analyst upgrades
11/19/21 MKM Partners
MKM upgrades Walmart to Buy with $166 target heading into holidays
11/19/21 MKM Partners
Walmart upgraded to Buy from Neutral at MKM Partners
WMT Walmart
$141.02 /

+2.52 (+1.82%)

WMT Walmart
$141.02 /

+2.52 (+1.82%)

SVFC SVF Investment Corp. 3
$9.91 /

+ (+0.00%)

SFTBY SoftBank Group
$24.34 /

+0.115 (+0.47%)

WMT Walmart
$141.02 /

+2.52 (+1.82%)

SVFC SVF Investment Corp. 3
$9.91 /

+ (+0.00%)

SFTBY SoftBank Group
$24.34 /

+0.115 (+0.47%)

WMT Walmart
$141.02 /

+2.52 (+1.82%)

SFTBY SoftBank Group
$24.34 /

+0.115 (+0.47%)

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