While the Nasdaq and the SPDR S&P 500 (NYSE: SPY) are running in blue skies, the Dow Jones Industrial Average has struggled to trade back toward its May 10 all-time high of 35,091.
CNBC host Jim Cramer said that Moderna Inc.’s (NASDAQ: MRNA) stock is “too high at this point” and the biotechnology company’s crucial test is whether it can offer personalized cancer vaccines in time to offset the decline in COVID-19 vaccine sales.
SPDR S&P 500 ETF Trust (NYSE: SPY) and Clover Health Investments Corp. (NASDAQ: CLOV) are seeing the highest interest on Reddit’s r/WallStreetBets forum, while GameStop Corp. (NYSE:
Carnival Corp. (NYSE: CCL) shares traded lower Tuesday after the company announced a tender offer for its 11.5% senior secured notes due 2023 subject to refinancing conditions. The stock may also be falling with the sector as other cruise companies are falling.
Shares of banks and financial services companies, including Wells Fargo & Co (NYSE: WFC) and Bank of America Corp (NYSE: BAC), are trading lower Tuesday amid a drop in bond yields.
Clover Health Investments Corp (NASDAQ: CLOV) shares are trading lower by 14.4% at $10.02 Tuesday afternoon following the end of the company's 180-day share lock-up period.
ChemoCentryx Inc. (NASDAQ: CCXI) shares traded higher Tuesday after the company announced it filed an amendment to its New Drug Application for avacopan for the treatment of anti-neutrophil cytoplasmic yutoantibody associated vasculitis. The U.S.
Ocugen Inc. (NASDAQ: OCGN) shares traded higher Tuesday after the company announced that its coronavirus vaccine co-development partner Bharat Biotech reported Phase 3 results demonstrating 77.8% protection against overall disease.