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Boeing, Coinbase, Pfizer, BioNTech, etc.

Check out the companies that make headlines before the bell:

Boeing (BA) – Boeing adds 1.2% in premarket following news that Richard Branson’s satellite launcher Virgin Orbit plans to invest in a planned merger of SPACs later this year bottom. Virgin Orbit will merge with a blank check company Acquisition of NextGen (XOS), its share surged 6% after the announcement.

Coinbase (COIN) – Coinbase surged 3.2% in pre-market trading, with Bitcoin-beneficial crypto exchange stocks rising to their highest levels since early May.Business analysis company stock Micro Strategy (MSTR) – holding a large amount of Bitcoin – rose 3.9%.

Pfizer (PFE), BioNTech (BNTX) – Pharmaceutical companies are expected to receive full FDA approval for the Covid-19 vaccine today, according to multiple reports. The vaccine received an emergency use authorization in late 2020. Pfizer added 3.9% in pre-market behavior and BioNTech surged 7.7%. Modana (MRNA) is also in the process of applying for full FDA approval for its Covid-19 vaccine, whose market share has increased by 2.9%.

Trillium Therapeutics (TRIL) – Pfizer announced that it will purchase some of its cancer treatment specialists that it does not yet own for $ 2.26 billion or $ 18.50 per share in cash. This is compared to Trillium’s Friday closing price of $ 6.09 per share. Pfizer invested $ 25 million in trillium in September 2020. Trillium shares have nearly tripled in pre-market transactions.

General Motors (GM) – General Motors has expanded its recall of Chevrolet Bolt electric vehicles to add new models. The move will cost automakers an additional $ 1 billion. Recall addresses issues that can increase the risk of battery fire. GM fell 2.1% before it went on sale.

Uber (UBER), Lyft (LYFT), Door dash (DASH) – These stocks have been monitored after a California judge ruled that the state’s “gig worker” law was unconstitutional. California voters approved ballots last November, allowing these companies to treat workers as independent contractors rather than employees. Companies that have extensive lobbying to pass the bill will appeal. Uber fell 5.8% in pre-market trading, Lyft slid 4.5%, and DoorDash fell 4.5%.

Didi Global (DIDI) – China-based ride-hailing companies may be forced to hand over shares, including special rights, to the Chinese government, according to a report from the Financial Times. Diddy rose 1.9% in pre-market trading.

PayPal (PYPL) – PayPal will enable UK customers to buy, hold and sell cryptocurrencies starting this week. This is the first deployment of cryptocurrency services outside the United States. PayPal added 1% in the premarket.

Robinhood (HOOD) – Companies behind popular trading apps include Goldman Sachs (neutral rating), Mizuho (purchase), JMP Securities (outperform), Barclays (outperform) and other new companies in late July. Following the initial public offering, it was added to the coverage of a few investment companies. Equal weight) and Piper Sandler (neutral). Robin Hood added 2.7% in the premarket.

JD.com (JD) – China’s e-commerce company reported higher-than-expected profits and revenues in the second quarter, adding a record number of new users.

Boeing, Coinbase, Pfizer, BioNTech, etc.

Source link Boeing, Coinbase, Pfizer, BioNTech, etc.

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