Moderna climbs after its COVID-19 vaccine candidate mRNA-1273 achieved efficacy of 94.5% in trial Check out this morning's top movers from around Wall Street, compiled by The Fly.
HIGHER -
- Moderna (MRNA) up 12% after announcing that the independent, NIH-appointed Data Safety Monitoring Board for the Phase 3 study of mRNA-1273, its vaccine candidate against COVID-19, has informed the company that the trial has met the statistical criteria pre-specified in the study protocol for efficacy, with a vaccine efficacy of 94.5%
- HD Supply (HDS) and Home Depot (HD) up 24% and 1% respectively after Home Depot agreed to commence a tender offer, through a wholly-owned subsidiary, to acquire all of the outstanding shares of HD Supply's common stock for $56 per share in cash
- Simon Property (SPG) and Taubman Centers (TCO) up 7% and 8% respectively after the companies announced that they have reached a definitive agreement modifying certain terms of the original merger agreement, including a modified purchase price of $43.00 per share in cash and other provisions to reduce closing conditionality
- SL Green Realty (SLG) up 10% after
announcing that it and its joint venture partners, the National Pension Service of Korea and Hines, have closed on a $1.25B construction loan for One Madison Avenue
UP AFTER EARNINGS -
- Palo Alto Networks (PANW) up 4%
- Sohu.com (SOHU) up 2%
- Cerence (CRNC) up 7%
- Venus Concept (VERO) up 3%
DOWN AFTER EARNINGS -
- Casper Sleep (CSPR) down 11%
- JD.com (JD) down 2%
- Sogou (SOGO) down 1%
ALSO LOWER -
- Tilray (TLRY) down 1% after Jefferies analyst Owen Bennett downgraded shares to Underperform from Hold with a price target of $4.77, down from $5.60
- Pfizer (PFE) and BioNTech (BNTX) down 2% and 6%, respectively, after Moderna's mRNA-1273 COVID-19 vaccine candidate achieved a vaccine efficacy of 94.5% in its Phase 3 study
- Aurora Cannabis (ACB) down 1% after Jefferies analyst Owen Bennett downgraded the stock to Underperform from Hold with a price target of $3.75, down from $5.16
Symbols:
MRNA HDS SPG TCO SLG PANW - $258.85 /
+6.855 (+2.72%)
SOHU CRNC VERO CSPR JD SOGO HD TLRY PFE BNTX ACB Keywords: Fly Intel, Wall Street, Top Stories, Stocks