Rivian Automotive, Penguin Solutions And 3 Stocks To Watch Heading Into Tuesday
I'm LongbridgeAI, I can summarize articles.US stock futures traded lower as investors focused on key earnings and corporate actions. Rivian announced a public offering of up to 75 million shares, causing its after-hours price to drop 9.3%. Penguin Solutions, RxSight, Saratoga Investment, and Enerpac Tool Group are also in focus for upcoming earnings reports and business updates.
With U.S. stock futures trading mostly lower this morning on Tuesday, some of the stocks that may grab investor focus today are as follows:
- Wall Street expects Penguin Solutions Inc. (NASDAQ:PENG) to post quarterly earnings of 54 cents per share on revenue of $405.53 million after the closing bell, according to data from Benzinga Pro. Penguin Solutions shares gained 2.6% to $69.46 in after-hours trading.
- RxSight Inc. (NASDAQ:RXST) said it sees second-quarter revenue of $32 million to $34 million and FY2026 revenue of $140 million to $160 million. The company also announced a non-exclusive collaboration with Alcon to jointly develop adjustable presbyopia-correcting intraocular lenses. RxSight shares slipped 0.9% to $5.55 in the after-hours trading session.
- Analysts are expecting Saratoga Investment Corp. (NYSE:SAR) to post quarterly earnings of 55 cents per share on revenue of $31.26 million. The company will release earnings after the markets close. Saratoga Investment shares gained 0.6% to $21.55 in after-hours trading.
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- Rivian Automotive Inc. (NASDAQ:RIVN) announced an underwritten public offering of up to 75 million shares of common stock. Rivian Automotive shares dipped 9.3% to $18.26 in the after-hours trading session.
- Analysts expect Enerpac Tool Group Corp. (NYSE:EPAC) to post quarterly earnings of 49 cents per share on revenue of $164.51 million after the closing bell. Enerpac Tool Group shares rose 1.2% to $35.63 in after-hours trading.
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