Sealed Air Rises, Cisco Jumps, Walt Disney Falls on Guidance
On this episode of Stock Movers:- Sealed Air (SEE) shares rose the most intraday since March 2020, to trade as high as $44.27 as people with knowledge of the matter say Clayton Dubilier & Rice is exploring a potential acquisition of the Bubble Wrap maker.- Cisco (CSCO) shares rose after the maker of networking equipment boosted its adjusted earnings per share guidance for the full year that beat the average analyst estimate as the firm captures more artificial intelligence spending. Analysts, however, note weakness in the company’s security and non-AI businesses. - Walt Disney (DIS)…
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