The entrance to the elevators, designed to look like a tunnel entering a stadium, will be unveiled on March 25, 2019 at the new DraftKings office in Boston.
David L. Ryan | The Boston Globe via Getty Images
Take a look at the companies that make headlines on Thursday after the clock:
QuantumScape – Shares of electric vehicle battery maker rose 3% after the company responded to a report by short seller Scorpion Capital. In the report, the firm QuantumScape calls a “pump and dump SPAC” scam. QuantumScape said Scorpion could benefit financially from a decline in its shares. QuantumScape’s share fell more than 12% earlier in the day.
DraftKings – DraftKings shares rose 3% after the company announced it had entered into an agreement with the NFL to become one of the league’s official sports betting partners. DraftKings has also renewed its daily fantasy football partnership with the league.
Alcoa – Shares of the aluminum producer climbed 2% after the company reported better-than-expected results in the first quarter. Alcoa had a revenue of 79 cents per share of $ 2.87 billion. Analysts surveyed by FactSet earned $ 2.63 billion a share of 45 cents a share.
PPG Industries – PPG shares rose 5% after the company recorded first-quarter results that exceeded analysts’ forecasts. The company reported earnings per share of $ 1.88 on revenue of $ 3.88 billion. Analysts surveyed by FactSet forecast revenue of $ 1.57 per share of $ 3.67 billion.