Business & Investment

Regeneron, Moderna, Dollar Tree, etc.

Check out the companies that make headlines in pre-market transactions.

Regeneron Pharmaceuticals (REGN) — Regeneron’s stock fell more than 1% in front of the market after the company announced C.The ovid-19 antibody cocktail and similar agents may be less effective against the Omicron Covid mutant. The drug company said mutations in the variant “may have reduced neutralizing activity in both vaccine-induced immunity and monoclonal antibody-transmitting immunity.”

Modana (MRNA), Pfizer (PFE) — Vaccine maker stocks have been in the spotlight after Moderna CEO Stephane Bancel told the Financial Times. Expected to be less effective with existing vaccines For the omicron variant.Said there is Oxford University No evidence yet Current vaccines cannot prevent serious illnesses caused by Omicron. Researchers are still studying new variants and their ability to evade previous immunity. Moderna shares fell more than 2% in early morning trading. BioNTech’s share price has fallen by more than 5%. Pfizer shares rose about 1%. Novavax shares have been added over 2%.

Dollar tree (DLTR) — Dollar Tree shares fell more than 2% in subsequent pre-market transactions Goldman downgraded shares From purchase to neutral. The company said the stock price is too high at current levels as the Dollar Tree comeback story is currently priced.

Solar Edge Technologies (SEDG) —Solar Edge’s share has since been reduced by about 3% before marketing Morgan Stanley downgrades shares From overweight to equal weight. Morgan Stanley said stock prices seem to be fully valued after a recent hot streak.

Meta platform (FB) — Facebook’s parent meta share was slightly lower in front of the market after UK regulators told the company You need to sell the GIF sharing platform Giphy. The Competitive Markets Department said Meta’s acquisition of Giphy will reduce competition between social media platforms.

Beyond Meat (BYND), Autory (OTLY) — Equities of meat alternative producer Beyond Meat and plant-based dairy company Oatly each receded by more than 1% in early morning trading after HSBC began coverage of shares with a “reduction” rating. bottom. In a report on the alternative protein market, HSBC predicts that “growth is insufficient for many participants to achieve high growth ambitions given the potential for intensifying competition. “.

twitter (TWTR), square (SQ) — Twitter and Square shares rose in the next day’s premarket Jack Dorsey announces resignation of Twitter CEO.. Dorsey was CEO of both the social media platform and the digital payments company Square. Bank of America has been upgraded Square from underperform to neutral and repeat your Twitter purchase evaluation.

Regeneron, Moderna, Dollar Tree, etc. Regeneron, Moderna, Dollar Tree, etc.

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