Company News for Nov 24, 2020

Zacks Equity Research
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In this article:

  • Schrödinger, Inc.’s SDGR shares rose 11.6% after the company announced a drug discovery agreement with Bristol-Myers Squibb worth nearly $2.7 billion in payments and royalties.

  • Shares of Ideanomics, Inc. IDEX jumped 70.1% after the company announced an additional $1.3 million investment in battery-powered electric tractors maker, Solectrac.

  • DPW Holdings, Inc.’s DPW shares surged more than 100% after the company announced it would work with fast food restaurants to install EV chargers.

  • Shares of Front Yard Residential Corporation RESI jumped 21.9% after the company agreed to be acquired for $16.25 per share.


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