Forgent Jumps, Waystar Rises, Coinbase Drops Ahead of Clarity Act Vote | Stock Movers

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On this episode of Stock Movers: - Forgent (FPS) shares jump. The power equipment company reported fourth-quarter revenue and adjusted Ebitda above a guidance range given in May. The company’s backlog grew 256% year-over-year. - Waystar (WAY) shares rise. Reuters reported that the firm is exploring options, including a sale, two years after a public listing in New York. The company hired Evercore to advise on the process, which is ⁠currently at an early stage, Reuters reported citing people familiar with the matter. - Coinbase (COIN) shares drop. Hopes of the Clarity Act passing this year faded. The Senate is set to vote on the crypto regulation bill on Tuesday afternoon. See omnystudio.com/listener (https://omnystudio.com/listener) for privacy information. Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street. Check out more episodes of Stock Movers: https://www.youtube.com/playlist?list

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