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Company News for Jun 15, 2021

·1 min read
In this article:
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  • Shares of Lordstown Motors Corp. RIDE fell 18.8% after the company announced that its CEO Steve Burns and CFO Julio Rodriguez have resigned.

  • Koninklijke Philips N.V.’s PHG shares fell nearly 4% after the company stated it is recalling some of its Bi-Level Positive Airway Pressure, Continuous Positive Airway Pressure, and mechanical ventilator devices due to potential toxicity risks arising out of a type of foam used in the devices.

  • Anavex Life Sciences Corp.’s AVXL shares rose 35.4% after the company said that its ANAVEX 2-73 and ANAVEX3-71 were featured in a new peer-reviewed publication in the Expert Opinion on Therapeutic Targets medical journal.

  • Royal Dutch Shell plc RDS.A shares rose 2.1% following news reports that the company is considering a sale of its shale assets in Texas and the sale could be worth as much as $10 billion.


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