Stocks to Watch: Constellation, Caribou, Penguin

By Katherine Hamilton Constellation Brands announced the acquisition of SpikedAde. Shares declined 4.5% to $115.67 in after-hours trading Tuesday. Caribou Biosciences said it was halting development on some products, cutting staff and initiating a strategic alternatives review after running into funding problems. The stock shed 34% to 75 cents after the bell. Penguin Solutions logged higher profit in the latest quarter driven by AI demand. Shares rose 6% to $68 in late trading. Write to Katherine Hamilton at katherine.hamilton@wsj.com (END) Dow Jones Newswires October 06, 2026 19:04 ET (23:04 GMT) Copyright (c) 2026 Dow Jones & Company, Inc. The statements in this document shall not be considered as an objective or independent explanation of the matters. Please note that this document (a) has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and (b) is not subject to any prohibition on dealing ahead of the dissemination or publication of investment research.