Investors are hoping that winning a motion in a related lawsuit brings back hope for the company's mining project.
Novavax Inc (NASDAQ: NVAX) is trading significantly higher Thursday after the company, along with Serum Institute, announced a submission to the World Health Organization for emergency use listing for Novavax's COVID-19 vaccine candidate. Emergency use listing is a prerequisite for exports to multiple countries. "Today's submission of our protein-based COVID-19 vaccine to WHO for emergency use listing is a significant step on the path to accelerating access and more equitable distribution to cou
What happened Shares of Novavax (NASDAQ: NVAX) were jumping 9.7% as of 10:48 a.m. EDT on Thursday. There were a couple of catalysts for the stock. Novavax and its partner, Serum Institute of India, announced Thursday morning that they have filed for World Health Organization emergency use listing of Novavax's COVID-19 vaccine.
Yahoo Finance's Ines Ferre breaks down the key takeaways from Nike's Q1 earnings release.
Shares of industrial giant General Electric (NYSE: GE) shot up 5% as of 3:05 p.m. EDT Thursday on news that the company will make its largest acquisition in at least three years. Ultrasound maker BK Medical, "a leader in advanced surgical visualization," is the target, said GE in a press release. GE will ante up $1.45 billion in cash for the acquisition, and will incorporate BK Medical into GE's $3 billion healthcare business.
Shares of the Issaquah, Washington-based company were up 1% after the bell. People returning to social events and outdoor activities following the rollout of vaccines has boosted demand for sporting goods and jewelry at Costco stores and helped offset some of the slowdown in sales of groceries following last year's lockdown-induced panic buying. A reopening economy has also given people more confidence to return to shopping in physical stores, helping Costco which does not have the e-commerce strength of peers such as Walmart Inc and Target Corp.
TransCode Therapeutics Inc (NASDAQ: RNAZ) is trading higher after preclinical research supporting its lead candidate, TTX-MC138, was published in Cancer Nanotechnology. Related: TransCode Therapeutics Secures NIH Funding To Support Its Lead Program Development. The preclinical study developed a radio-labeled derivative of TTX-MC138 tagged with Cu-64 for highly sensitive and specific quantitative determination of its pharmacokinetics, biodistribution, and observation, delivered to metastases via
In the face of powerful stock market strength, it's important to focus on the long term for the best results.
The House of Representatives will vote on a bill this week that could be a game-changer in terms of how cannabis companies do business in the U.S.
ARK Invest buys more into a pair of sports betting plays and one of its largest holdings that has come under pressure lately.
We are going to take the expected fundamental performance for the company and build a simple discounted cash flow model (valuation), in order to help investors get more clarity on what kind of performance they need to expect from management if they want the stock price to converge with the value of Lucid.
Former TV journalist John Stossel is demanding at least $2 million in damages from Facebook in a lawsuit he filed against the social media giant, alleging the company defamed him by appending fact-checking labels to two videos he posted about climate change. In a statement to Variety, a Facebook spokesperson said, “We believe this case […]
Let's talk about the popular Micron Technology, Inc. ( NASDAQ:MU ). The company's shares received a lot of attention...
Rich families were moving fast to report capital gains in their 2020 tax returns ahead of potential rate increases proposed by Democrats.
In another "Executive Decision" segment during Wednesday's Mad Money program, Jim Cramer spoke with John Riccitiello, chairman, president and CEO of Unity Software , the engine behind most of the 3D applications available today. Riccitiello explained that Unity provides tools so that developers can build new ways to experience the world. The Unity engine is what powers 70% of all mobile gaming experiences, Riccitiello said.
Yahoo Finance Live breaks down which companies are making big moves in the market this morning.
The Ways and Means Committee recently unveiled a batch of proposed tax law changes zeroing in on how the super-rich use retirement accounts
Shares of Rite Aid (NYSE: RAD) were sinking 8% as of 11:06 a.m. EDT on Thursday. The decline came after the pharmacy chain announced its second-quarter earnings results before the market opened. The company announced an adjusted net loss from continuing operations in the second quarter of $22 million, or $0.41 per share.
Yahoo Finance's Anjalee Khemlani gives a Covid-19 update as the CDC advisory committee is set to vote on Pfizer booster data
Nio shares have taken a hit from macro news recently, but some company-specific developments may be pushing it higher today.