Shares of J.Jill (JILL) are trading higher on Wednesday, as the company exceeded fourth quarter net sales estimates. Additionally, J.Jill beat expectations...
) are trading higher on Wednesday, as the company exceeded fourth quarter net sales estimates. Additionally, J.Jill beat expectations for both profit and earnings, further boosting investor confidence in the stock.) for autonomous driving technology. Under this collaboration, Mobileye will be responsible for providing both hardware and software components to enable self-driving capabilities in Volkswagen's vehicles.
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The California-based company said the stock split was subject to shareholder approval at its upcoming annual meeting on June 6. If approved, shareholders of record as of June 18 will get 49 additional shares for each share held. The shares are expected to begin trading on a post-split basis at market open on June 26, in what the company described would be one of the biggest stock splits in New York Stock Exchange history.
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