Delayed Quote. Delayed  - 01/15 04:10:00 pm
70.9USD +0.40%

Novavax, Merck rise; Regeneron, Anaplan fall

05/26/2020 | 04:23pm

NEW YORK (AP) — Stocks that moved heavily or traded substantially on Tuesday: Novavax, Merck rise; Regeneron, Anaplan fall.

Novavax Inc., up $2.06 to $48.17.

The biotechnology company started an early study for a potential coronavirus vaccine.

AutoZone Inc., up 26 cents to $1,123.20.

The auto parts retailer handily beat Wall Street's fiscal third-quarter profit and revenue forecasts.

Independent Bank Group, up $4.98 to $36.21.

The bank terminated a merger deal with Texas Capital Bancshares because of a significant impact from the virus pandemic.

Hibbett Sports Inc., down 78 cents to $18.72.

The sporting goods retailer reported surprisingly good first-quarter financial results and a surge in digital sales.

Regeneron Pharmaceuticals Inc., down $24.70 to $545.21.

The drug developer is buying back $5 billion of its stock as Sanofi sells a majority of its stake in the company.

Anaplan Inc., down $3.91 to $47.15.

The software developer gave investors a weak revenue forecast for the current quarter.

Merck & Co., up 89 cents to $77.26.

The pharmaceutical company is working with Ridgeback Biotherapeutics to develop a treatment for COVID-19.

Bank of America Corp., up $1.62 to $24.28.

Bond yields rose as Wall Street grew more optimistic about an economic recovery.

Copyright 2020 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission., source Associated Press News

© Acquiremedia 2021
Copier lien
All news about ANAPLAN, INC.
9h ago
4d ago
4d ago