Check out the companies making headlines in midday trading. BlackBerry — BlackBerry popped more than 9% after announcing a partnership with Advanced Micro Devices on robotics systems. Moderna — The vaccine maker gained 6%. Reuters reported that Moderna’s cancer drug its working on with Merck showed promising results in an early-stage study in individuals with … Read more
Check out the companies making headlines before the bell: American Eagle Outfitters — Shares popped 4% following an upgrade by JPMorgan to overweight from neutral. The firm cited the retailer’s merchandising initiatives and operational changes for the call. Freeport-McMoRan — Shares jumped 1.9% after Bank of America upgraded the American mining company to buy from … Read more
Check out the companies making headlines in midday trading. Victoria’s Secret – The intimate apparel retailer shed 36% and headed for its worst day on record after posting mixed fourth-quarter results and disappointing guidance. Victoria’s Secret said it anticipates a larger-than-expected decline in revenues for the first quarter and full year. Novo Nordisk — Shares … Read more
Check out the companies making headlines before the bell: Novo Nordisk — Shares jumped 6.6% after the Danish pharmaceutical company reported positive Phase 1 trial data for its new experimental obesity drug, amycretin. Eli Lilly, the company’s American rival, dipped 0.7% on the news. Nvidia — Semiconductor companies rose broadly as a group, with the … Read more