The compelling case for buying Equifax shares in wake of data breach

GoPro Inc (NASDAQ:GPRO) has made a troubled start to 2015, compared to a relatively bullish market. This caused the stock to nosedive more than $16, or 26%, year-to-date. This is due to a variety of reasons, mainly the lockup period expiring yesterday. The move was expected to bring considerable volatility in the stock, but the market remained more or less undeterred yesterday with GoPro stock closing slightly below $51.

Shares of Yelp Inc (NYSE:YELP) surged as much as 5% in early trading today as investors begin to view the stock as an attractive bargain following the company’s big lawsuit win last week. Certain shareholders had accused Yelp of artificially pumping its stock price by passing off ‘unauthentic’ reviews as legit, thereby misrepresenting the company’s performance. The lawsuit however was dismissed by US Judge Jon Tigar.

The Shake Shack sell-off has already begun. Shares of the premium burger chain were down as much as 8% at the start of its second day of trading on the NYSE today, after the stock more than doubled on its initial public offering on Friday.

NEW YORK — Target has announced more steps in its efforts to regain trust with its shoppers in the wake of a massive pre-Christmas data breach. The Minneapolis-based retailer said Tuesday that it named outsider Bob DeRodes, who has 40 years of experience in information technology, as its new chief information officer. He replaces Beth Jacob, who abruptly left in early March.

Sodastream International Ltd. (SODA) saw its stock spike 10.7% yesterday after Israeli daily newspaper Globes reported that Starbucks Corporation (SBUX) may acquire a stake in the company. The increase is the highest seen in two years, and is actually the latest in a series of rallies fueled by reports that the soda machine maker could team up with a power player in the beverage business.

NEW YORK — Target Corp. Chief Information Officer Beth Jacob is resigning effective Wednesday as the retailer overhauls its information security and compliance division in the wake of a massive pre-Christmas data breach. Target Chairman, President and CEO Gregg Steinhafel said in a statement released to The Associated Press that the company will search for an interim chief information officer who can help guide the company through the transformation. Jacob had been in her current role since 2008 and oversaw teams in the U.S. and India.