Prior to the bell Monday, several companies made headlines. Tyson Foods' stock dropped 7% following its 3rd quarter report that fell short of Refinitiv's expectations. Earnings per share were 15 cents, and revenue totaled 13.14 billion. This is compared to the anticipated 26 cents per share and 13.59 billion of revenue. Tesla's shares dropped 1% following CFO Zachary Kirkhorn's departure, with accounting chief Vaibhav Taneja taking his place. DaVita's stock increased 1% after UBS changed its rating to buy from neutral, citing tailwinds that support its Street-high estimations. Sovos Brands, maker of Rao's pasta sauce, surged 25% after Campbell Soup's acquisition of the company for 2.33 billion dollars. DraftKings rised 1.5% after an upgrade to overweight from neutral from Wells Fargo. Berkshire Hathaway's Class B stocks also rose 1%, and saw a solid increase in second-quarter operating earnings. BioNTech's shares dropped 4.9% with second-quarter revenue of 168 million euros, much lower than analysts' estimated 672 million euros. KKR's investment company saw a 1% increase, exceeding analysts' expectations with adjusted earnings in the second quarter, and confirming its 6% increase in assets under management. Nikola's electric truck stock went up 7%, down from its 26% decrease Friday due to its lower-than-expected second-quarter sales. Lastly, Viatris posted adjusted net income and revenues that surpassed Wall Street's second-quarter forecast, and reaffirmed its guidance for the full-year.
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