BioNTech Shares Surge After Q4 2021 Net Profit Hits €3.166B, Upholds Guidance
(BioNTech) Shares of BioNTech rose 6% on Wed. as the company announced a net profit of 3.166 billion euros in the fourth quarter of 2021, from 366.9 million euros in…
Lululemon Jumps 7% as Q4 2021 Revenue Tops $2 Billion, Announces Share Buy Back
(Lululemon) Shares of Lululemon Athletica rose more than 7% on Wednesday after reporting a revenue of $2.1 billion in the fourth quarter of 2021, an increase of 23% from the…
Morgan Stanley Eyes a Full-Scale ETF Platform This Year
(InvestmentNews) Banking giant Morgan Stanley is reportedly working on its first exchange-traded fund platform, which it expects to debut later in the year. The plan, revealed by Morgan Stanley director…
Robinhood Now Allows More Trading Hours. Stock Gains 22%
(Robinhood) Shares of Robinhood Markets Inc. surged more than 22% on Tuesday after allowing users to extend trading to between 7 a.m. ET and 8 p.m. ET. The extended trading…
LHC Group Surges 7% on Premium $5.4B Deal by UnitedHealth
(WSJ) Shares of LHC Group Inc. rose more than 7% on Tuesday in premarket after a cash deal to be acquired by UnitedHealth Group Inc. for $5.4 billion. UnitedHealth is…
Nielsen Jumps 20% in Premarket on Reports of a $16B Acquisition by a Consortium
(Nielsen) Shares of Nielsen Holdings rose more than 20% in premarket on Tuesday after news emerged that it agreed a deal by a consortium of private-equity firms. The private equity…
NIO Delivers Its First Batch of ET7s, Plans for Two More Models in 2022
(CNBC) Shares of Chinese EV maker Nio rose more than 3% on Monday after saying it has begun deliveries of its debut luxury sedan, the ET7. Nio said the deliveries…
Top Executives Targeted in a New Move by Biden to Cut Share Sales After Buybacks
(NY Times) President Joe Biden's budget proposal will reportedly include a provision barring company executives from selling their shares following a buyback. The administration is making a call to freeze…
Poly Jumps 48% on News of Premium $40 per Share Acquisition by HP
(HP) Shares of Poly rose more than 48% in premarket on Monday on acquisition by HP Inc. that values the company at $3.3 billion, inclusive of the company’s debt. The…
Xpeng’s Deliveries in Q4 2021 Jumps 222%, Revenues Rise More Than 200%
(Xpeng) Xpeng announced a total of 41,751 vehicle deliveries in the fourth quarter of 2021, an increase of 222% from the year. Xpeng said that its total revenues in the…
China’s Stocks Trade Lower as Shanghai Lockdown Causes Worry
(Bloomberg) China’s CSI 300 index fell more than 0.6% on Monday to its lowest in two weeks as authorities closed down the city of Shanghai in response to rising Covid-19…
Huawei Profits Rise 76% In 2021 but Revenues Fall For the First Time Ever
(Huawei) Tech giant Huawei reported a net profit of 113.7 billion yuan in 2021, an increase of 75.9% from the previous year. Despite the profit increase, the revenues of the…
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