On Thursday, American Airlines (AAL) stock jumped 41% to $16.72 at the close, which is the biggest gain since 2013 when the company merged with US Airways. The jump followed the carrier’s announcement about boosting its capacity.
Facebook announced that it will not support all state-controlled media outlets in promoting their ads effective this summer ahead of the 2020 U.S. elections. FB shares are up 0.45% to trade around $227.30 in the pre-market.
The Nasdaq 100 index showed a sharp recovery after the market crash and made a new intraday record on Thursday. Analysts are turning bullish over the reopening of the economy with many saying that the worst is behind us.
AstraZeneca plans to deliver 1 billion doses of a COVID-19 vaccine to developing countries, 400 million doses can become available this year. Moreover, 400 million doses will be sent to the U.S. and the United Kingdom. AZN stock is up in the pre-market.
Tesla has major plans for expansion in China, Germany and the United Kingdom. Meanwhile TSLA stock is down today, trading at below $860.
Morgan Stanley expects that Apple (AAPL) stock price could climb to $340 being powered by strong App store sales results. Today AAPL is at $324.94.
According to SVB Leerink analyst Geoffrey Porges, remdesivir price is likely to be $5,000 per course in the US, $4,000 per course in Europe, and around $2,000 in other markets. Gilead Sciences (GILD) stock keeps rising.
ZoomInfo has repriced its IPO with a target to hit $890 million. This new projection is aimed at offering each share at $19 to $20 following boosted interests from investors.
Shares of Genius Brands continue rising ahead of the launch of its network brand “Kartoon Channel” later this month.
After the industry data showing fewer job losses than expected, investor sentiment turns positive on account of reopening the economy after a long lockdown period. Some analyst think that the period of U.S. economic recession is over.
The acquisition talks between Western Union and Moneygram are going on. Here’s how Ripple Labs and XRP token can be affected by this deal.
Microsoft (MSFT) stock price is slightly down today. Will Microsoft Corporation manage to become a $2 trillion-dollar company within two years?
Snap stock rose but fell again after the company launched Dynamic Payment Ads in Europe, Australia and the Middle East. Despite this milestone, the stock is still not tipped for future investments.
Warner Music has revealed its IPO pricing today. The stock is priced at $25 a share, the higher end of its $23 to $26 price range.
Western Union (WU) stock rose by 11% amidst the talks on the acquisition of MoneyGram. While the acquisition is nor confirmed officially, the news has stirred positive reactions in the market.