Novavax publishes more data on vaccine study, stock rises 4%

This post was originally published on this siteNovavax Inc. NVAX, -2.07% released more extensive data on its Phase 1 trial of a vaccine for COVID-19 Wednesday, and shares rose about 4% in

Read More

AMC plans to open 140 more theaters this week, stock pops 12%

This post was originally published on this siteAMC Entertainment Holdings Inc. AMC, +3.23% announced Tuesday afternoon that it expects to open 140 theaters by Thursday as one of the first big

Read More

Intel plans big stock buyback after shares plummet, boosting prices in after-hours trading

This post was originally published on this siteIntel said it would enter into accelerated share repurchase agreements as part of a plan announced in October to buy back $20 billion in stock, with

Read More

Virgin Galactic raises more than $450 million in secondary offering priced at $19.50 a share

This post was originally published on this siteVirgin Galactic Inc. SPCE, +5.37% sold 23.6 million shares in a secondary offering priced at $19.50 a share, the space-tourism company announced

Read More

Western Digital stock plunges 12% after weak earnings outlook

This post was originally published on this siteWestern Digital reported fiscal fourth-quarter earnings of $148 million, or 49 cents a share, on sales of $4.29 billion, up from $3.63 billion a

Read More

Disney shakes up streaming approach after losing nearly $5 billion due to pandemic

This post was originally published on this siteCompany will release ‘Mulan’ for pay-per-view on Disney+ in areas where theaters are not open, and launch a new international steaming

Read More

Pandemic has boosted online dating, Match Group earnings show

This post was originally published on this siteParent company of Tinder, Match and other properties reports growing profit and revenue despite COVID-19 pandemic, predicts bigger-than-expected

Read More

Vornado stock spikes after Facebook agrees to lease Farley Building in New York

This post was originally published on this siteFacebook Inc. FB, -0.67% plans to lease the Farley Building, a centerpiece of a large New York City project in the works from Vornado Realty Trust

Read More

Microsoft reports record revenue to wrap up a record-breaking fiscal year

This post was originally published on this siteMicrosoft stock sinks in after-hours trading despite easily beating analyst estimates for fiscal fourth-quarter results. Microsoft reported

Read More

Pot company Acreage takes charge of nearly $200 million

This post was originally published on this siteU.S. cannabis company Acreage Holdings Inc. ACRGF, +23.68% took an impairment charge of nearly $200 million in reporting first-quarter earnings

Read More