Campbell Soup's $2.7 Billion Acquisition of Sovos Brands, the Leader in Premium Italian Sauces

Tyson Foods' shares fell over 7% after the company's fiscal third-quarter report missed estimates. Dialysis company DaVita rose over 1% after being upgraded by UBS. Sovos Brands' shares surged 25% in premarket trading following Campbell Soup's announcement of acquiring the pasta sauce maker for $2.33 billion. DraftKings rose 1.5% after Wells Fargo upgraded the sports betting app. Berkshire Hathaway's Class B shares rose over 1% after reporting a solid increase in second-quarter operating earnings. BioNTech's shares slid 4.9% after reporting lower-than-expected revenue for Q2.