Nikola Company rang the Nasdaq Closing Bell remotely from the arena over.
Source: The Nasdaq
Investigate cross-check the companies making headlines noon on Monday:
Nikola — Shares of the electric-automobile maker rose almost 6% after a JPMorgan analyst talked about he sees a “much less drama-cramkredittlån” news float for the company in 2021. “We request Nikola to submit a video of a functioning Tre in January. We stare a regular float of updates for the truck in 2021, as test milestones are met,” the analyst talked about.
Myovant Sciences — Shares rose 25% after the company agreed to a collaboration kredittlån Pfizer to develop prostate most cancers drug relugolix. The drug is additionally being explored for seemingly utilize in females’s health.
Weibo — The inventory dropped higher than 10% no topic a wiser-than-expected quarterly record from the Chinese language social kredittlånia company. Weibo posted adjusted revenue of 66 cents per share, 6 cents above Refinitiv estimates. Its revenue additionally came in above analyst forecasts. Some analysts flagged the slowdown in the company’s yell in sensible lively day-to-day users, then yet again.
Astrazeneca — U.S.-listed shares of the drug maker obtained higher than 1% after multiple experiences talked about that the company’s Covid vaccine, which modified into developed in partnership kredittlån Oxford University, is anticipated to be accredited in the U.Okay. this week. The AstraZeneca shot would likely be rolled out subsequent week if accredited in the subsequent few days.
Apple — Shares of the tech huge evolved higher than 3% amid energy in Expansive Tech. The reach comes after Apple posted its fourth straight week of gains.
Novavax — Shares dipped higher than 2% after the biotechnology company talked about its coronavirus vaccine candidate entered a Segment 3 trial in the U.S. and Mexico. “This trial is a excessive step in building the global portfolio of kindly and advantageous vaccines to provide protection to the arena’s population,” talked about CEO Stanley Erck in a assertion.
DoorDash — The food transport company fell 3.8% after a Wall Toll road Journal column highlighted how a brand new invoice in California could well damage transport products and services. The legislation would require companies to possess stated agreements kredittlån eating locations, doubtlessly hurting the expansion device for some products and services.
CNBC’s Pippa Stevens, Jesse Pound and Yun Li contributed to this record.