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Stock Market Update: Pure Storage and Suncor Energy Rise, Xerox and UniFirst Fall

Significant company updates lead to notable stock price changes, including a leadership reorganization at Xerox and a disappointing profit forecast from UniFirst.

  • Pure Storage Inc. is joining the S&P MidCap 400 index, leading to a rise in its stock price.
  • Suncor Energy Inc. gave investors an encouraging production update, resulting in a stock price increase.
  • Xerox Holdings Corp. is reorganizing its leadership structure and plans on cutting 15% of its workforce, causing its stock price to fall.
  • UniFirst Corp. disappointed Wall Street with its profit forecast, leading to a decrease in its stock price.
  • SentinelOne Inc. is acquiring cloud technology company PingSafe.
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