Top premarket movers: The Cheesecake Factory (CAKE), Sherwin-Williams (SHW), 3M (MMM)

Top premarket movers: The Cheesecake Factory (CAKE), Sherwin-Williams (SHW), 3M (MMM)

Before the opening bell, let’s take a look at the companies that are making headlines. The Cheesecake Factory saw its shares increase by over 3% after activist investor JCP Investment Management acquired a stake in the company and urged it to consider spinning off three of its brands into a separate entity. General Motors’ shares … Read more

Citi predicts uranium price surge, recommends ‘Buy’ on Yellow Cake stock

Citi predicts uranium price surge, recommends ‘Buy’ on Yellow Cake stock

Citi recently initiated coverage on Yellow Cake Plc (YCA:LN) (OTC: YLLXF) stock, a company that provides investors with exposure to physical uranium, giving it a Buy rating and a price target of £7.50. Citi pointed out that Yellow Cake has doubled its uranium holdings since 2019 and expects a further 50% increase over the next … Read more