Yahoo Finance's Rachelle Akuffo takes a look at some of the top trending tickers through the morning of Tuesday's trading day.
- Time for today's trending tickers. We're looking at shares of BlackBerry, BP, and Sprouts Farmers Markets. Starting off with BlackBerry, those shares on the rise after the company announced it will undertake a strategic review and possibly break up its cybersecurity and QNX units. It hasn't yet set a timeline for the review and doesn't plan to disclose any developments on this as of now. The stock, though, up almost 8%.
And oil giant BP stock falling after the stock posted profit that beat expectations that decelerated from a year ago. The company also slowed the pace of its stock buyback program, announcing $1.75 billion in buybacks versus $2.2 billion last year. That's taking a more than 8% hit on the day.
And next, Sprouts Farmers Market shares are moving higher after the grocery retailer beat on its first-quarter earnings and its same-store sales rose over 3% during the quarter. Its e-commerce sales grew double digits and represented over 10% of total sales. That was boosted by the company's recently improved digital experience. The stock being rewarded there, up more than 7.8%.