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Company News for Sep 18, 2020

Zacks Equity Research
·1 min read
  • Ford Motor Co.'s F shares surged 3.7% after the company announced that it will start producing next-generation F-150 pickup cars in Michigan facility.

  • Sorrento Therapeutics Inc.'s SRNE shares soared 13.4% after the company said that it received FDA's go ahead for initiating a Phase 1 trial for its drug COVI-GUARD.  

  • Shares of 51job Inc. JOBS jumped 16.6% after receiving a primary non-binding proposal to be acquired by  DCP Capital Partners.

  • MetLife Inc. MET shares climbed 4.5% following its deal with Centerbridge Partners to acquire managed vision care company Versant Health for a consideration of $1.68 billion in cash.


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