Barron stock spotlight: Spirit Airlines, Rivian, UnitedHealth and this genomics company

Benzinga reviews this weekend’s top stories on Barron’s, for more on the latest market news, Benzinga Pro offers a 24/7 news feed, live chat and software of cartography.

“10 Places Where the Housing Market Tide Has Turned,” by Shaina Mishkin, notes that U.S. homebuyers are feeling rushed as mortgage rates and home prices rise dramatically, but several metro areas are seeing lower prices registration.

In “Advisory Firm Now Favors JetBlue’s Bid for Spirit Airlines”, Angela Palumbo explains why Institutional Shareholder Services now recommends that Spirit Airlines Inc. TO REGISTER shareholders vote against a draft agreement with Frontier Group Holdings Inc. ULCC.

“Rivian CEO held a show of hands. What was discussed”, by Al Root, explains how Rivian Automobile Inc. SHORE CEO RJ Scaringe explained to employees why the job cuts are necessary at a meeting this week.

In “UnitedHealth Raises Earnings Forecast After Earnings Exceed,” Sabrina Escobar writes about the factors that led to UnitedHealth Group Inc. A H posting second-quarter adjusted earnings above analysts’ forecasts.

“10X Genomics’ Stock Got Crushed. Here’s Why”, by Karishma Vanjani, examines the issues that led 10x Genomics Inc TXG to lower its revenue outlook for the quarter ending in June to $114.5 million amid lockdowns in China.

Also read: Bulls and Bears of the Week: Twitter, Disney, Netflix, Ford, Tesla and this action supported by Warren Buffett

Also in this week’s Barron’s:

Retail sales have indeed slowed. What this means for the Fed.

Wall Street calls on chipmaker earnings far too high, Goldman warns

Top Economist—and Longtime Bull—Sees Earnings Squeeze and Recession Soon

Advisors are frequently victims of wire transfer fraud. What to do if this happens to you.

Movie theaters are back. Now we need more movies.

At the time of this writing, the author has no position in the stocks mentioned.

About Virginia Ahn

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