Text size Andrey Rudakov / Bloomberg Novavax said it has a deal with SK Bioscience to produce the antigen component of its Covid-19 vaccine candidate during the pandemic period. The stock jumped more than 9% Thursday morning. Novavax (ticker: NVAX) said its development and supply agreement with the South Korean …
Read More »Baidu stock slides because iQIYI video unit reveals SEC investigation
For the quarter, Baidu (ticker: BIDU) reported revenue of $ 3.69 billion, down about 1% from a year ago, and in line with the consensus of Wall Street analysts at $ 3.7 billion. Non-GAAP earnings were $ 2.08 per share, good for the Street Consensus at $ 1.38. Baidu said …
Read More »Bank of America Corp. stock falls Thursday, underperforming the market
Shares of Bank of America Corp. BAC, -1.42% hit 1.42% to $ 26.35 on Thursday, proving to be a very fierce trading session for the stock, with the S&P 500 Index SPX, -0.20% fell 0.20% to 3,373.43 and Dow Jones Industrial Average DJIA, -0.28% falling 0.29% to 27,896.72. This was …
Read More »The stock market has not won a strong 100-day gain since 1933
Agence France-Presse / Getty Images Thursday marks the 100th trading day since the stock market pandemic on March 23 – and by one measure the subsequent rebound is the strongest in nearly 90 years. The S&P 500 SPX, -0.20% traded slightly lower on Thursday, leaving it more than 50% above …
Read More »Tesla Inc. stock performs as a brand on strong trading day
Published: August 12, 2020, 4:25 PM ET Company Logo Terrence Horan Shares of Tesla Inc. TSLA jumped 13.12% to $ 1,554.76 on Wednesday, proving to be a very positive trading position for the stock market, with the NASDAQ Composite Index COMP rising 2.13% to 11,012.24 and the Dow Jones industrial …
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