Twitter, Moderna, Merck, Tesla, etc.

On November 12, 2018, Twitter CEO and co-founder Jack Dorsey will make a gesture while interacting with students from the Indian Institute of Technology (IIT) in New Delhi.

Prakar Shushin | AFP | Getty Images

Check out the companies that make headlines for trading at noon on Monday:

Modana — Moderna shares soared more than 9% after CEO Stephane Bancel announced on Monday Distribution of Covid vaccine will take several months Especially targeted at Omicron variants, high doses of 100 micrograms of booster shots may be “immediately” ready. Bansel said it would take at least two weeks to study how mutations in new variants affect the effectiveness of current vaccines.

twitter — CEO Jack Dorsey shares shares in social media companies Get off and get effective immediately.. The company’s Chief Technology Officer, Parag Agrawal, will become Chief Executive Officer. Dorsey was both the CEO of Twitter and his digital payments company, Square. He will continue to be a member of the board of directors until his term expires in 2022.

Merck — Major pharmaceutical market share slides 4.5% after Citi Downgrade Merck to Neutral From the purchase. Citi said in a note to its customers that disappointing data from Merck’s two major medicines over the past few weeks undermines Merck’s long-term earnings potential.

Ebay — The e-commerce giant lost more than 2% after announcing its acquisition of SneakerCon Digital, the sneaker certification business for sneakercon on the market. Ebay said the deal would facilitate a sneaker expansion strategy and give customers confidence in buying high-value products. The two companies signed and signed the contract on November 24th. The terms of the contract have not been disclosed.

Bristol Myers Squibb — The pharmaceutical company’s stock fell 2.7% even after an application for a psoriasis drug called deucravacitinib was approved by the Food and Drug Administration and European regulators validated the application.

Allbirds — The stock of eco-friendly shoes Mixed batch of initiations from Wall Street banks.. Morgan Stanley and JP Morgan have launched Allbirds coverage with a neutral rating because of concerns about the company’s long-term growth potential.

Tesla — The news that CEO Elon Musk urged employees to: The share of electric car makers increased by 4.8%. Prioritize “minimization of delivery costs” Accelerate car delivery to customers to reach end-of-quarter goals. According to the German car news site, Tesla is approaching production at its first European plant in Germany. Automobilwoche..

Coinbase — Cryptocurrency exchange share rose 4.8% as Bitcoin price rebound Following a sale with the wider stock market on Friday.Other crypto-related stocks also rose MicroStrategy Increased by 3.4% Silvergate Bank Add 3%.

Zoom video — Part of the enthusiasm for Friday’s stay-at-home order has cooled, and the share of the video conferencing platform has fallen by more than 3%. The company’s share increased by almost 6% in the previous session as the omicron Covid-19 variant stimulated investors and rotated into areas of the market where consumers would benefit when they were at home.

— CNBC’s Jesse Pound, Pippa Stevens, Yun Li and Hannah Miao contributed to the report.

Twitter, Moderna, Merck, Tesla, etc.

Source link Twitter, Moderna, Merck, Tesla, etc.

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