Baker Hughes Rises, Cracker Barrel Slides, Tyson Foods Jumps as US Will Resume Mexico Cattle Shipments

On this episode of Stock Movers:

-Baker Hughes (BKR) shares rise as much as 9.5%, the most in over a year, after the oilfield services firm reported second-quarter earnings per share that beat the average analyst estimate as industrial and energy technology orders increased.

-Cracker Barrel (CBRL) shares slide. Cracker Barrel Old Country Store named David Deno the company’s new chief executive officer, replacing Julie Masino, who recently fought to help the brand recover from political backlash over its 2025 rebranding.

-Tyson Foods (TSN) shares jump. The US will resume cattle shipments from Mexico, easing a domestic shortage that has led to higher costs for meatpackers' animals. The US Department of Agriculture will start a phased reopening of cattle imports from Mexico, starting with an Arizona port of entry beginning Aug. 24.

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