Company News for May 20, 2021

Zacks Equity Research

Thu, May 20, 2021, 9:43 AM1 min read

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Shares of Target Corp. TGT rose 6.1% after the company reported fiscal first-quarter 2022 adjusted earnings per share of $3.69, beating the Zacks Consensus Estimate of $2.26.
Advanced Micro Devices, Inc.’s AMD shares gained 2.4% after the company’s board approved a share repurchase program of $4 billion.
AstraZeneca PLC’s AZN shares advanced 0.6% following a news report which stated that the company’s COVID-19 vaccine, developed jointly with the University of Oxford, works well as a third booster dose.
Shares of Reata Pharmaceuticals, Inc. RETA rallied 23.8% after the company announced that it had received communication from the FDA that a pre-new drug application meeting is the most appropriate format to discuss the development program for omaveloxolone in Friedreich’s ataxia, compared to the company’s requested generalized Type C meeting.

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Zacks Investment Research

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Company News for May 20, 2021

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