Tag: moderna inc
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Moderna CEO Stephane Bancel defends quintuple price hike of Covid vaccine amid Senate grilling
Stephane Bancel, CEO of Moderna, on Wednesday defended the company’s plans to quintuple the price of its Covid shots, defying pressure at a Senate hearing to waive the increase while taking over his compensation. Moderna plans to increase the list price of its vaccine by 400% this fall to $130 when the injections are sold […]
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Government bond yields rose slightly at the start of the week
U.S. Treasury yields rose slightly on Monday as investors continue to monitor the outlook for inflation and the economy. The yield on the benchmark 10-year Treasury bond rose 1 basis point to 3.959%, and the yield on the 30-year Treasury bond rose less than a basis point to 3.941%. Revenues move inversely to prices. Treasure […]
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Domino’s Pizza, Lucid, Nvidia, Nikola and more
Check out the companies making headlines during midday trading. Nvidia — Chip inventory rose 12% after Nvidia beat expectations on top and bottom line in its most recent quarter. Wall Street analysts approved the results, saying AI opportunities will drive the chipmaker’s growth. Lucid Group – The electric vehicle maker plunged more than 18% after […]
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Lucid, Nvidia, Dollar General, Sunrun and more
On May 25, 2022 in Santa Clara, California, a sign will be posted at Nvidia’s headquarters. Justin Sullivan | Getty Images Check out the companies making headlines in early morning trading. Lucid Motors – The electric vehicle maker saw shares fall 14% ahead of the market after reporting fourth-quarter sales fell short of expectations. Lucid […]
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Stocks move big afternoon: DE, ABNB, AN, MRNA
Deere’s autonomous 8R tractor Deere Take a look at the companies that take the biggest steps in the afternoon: Deere – Shares rose 7.7% after the company reported earnings per share of $6.55 for the fiscal first quarter, which was higher than the $5.57 expected by analysts polled by Refinitiv. The farm equipment maker’s revenue […]