World news – US – stocks with the biggest moves in the primary market: Moderna, Casper Sleep, Uber, Tapestry & More


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Moderna (MRNA) â ?? The drug’s manufacturer said that first analysis of data from the Phase III study showed that the experimental Covid-19 vaccine had an efficacy rate of 94. 5% did not see any major safety concerns. Moderna also said that the vaccine will remain at stable cooled temperatures for 30 days, up from the previous estimate of 7 days.. Moderna shares jumped about 15% in the pre-market trade.

Casper Sleep (CSPR) â ?? Casper Sleep lost 40 cents a share in the third quarter, which was more than a 33-cent loss per share analysts had been expecting.. The mattress and bedding maker came in below estimated revenue from the supply chain disruptions related to Covid. Casper shares are down more than 11% in the primary market.

Palo Alto Networks (PANW) â ?? The cybersecurity company earned an adjusted $ 1. 62 per share in the most recent quarter, compared to the consensus estimate of $ 1. 33 classes. The revenue exceeded estimates as well. Palo Alto also raised its full-year earnings and revenue projections, as the company said product improvements boost demand. The company’s shares rose 2% in pre-market trading.

JD. Com (dinars) â ???? The China-based e-commerce company beat estimates in both the top and bottom earnings for the third quarter, as online orders remained strong even after restrictions related to the Coronavirus in China were lifted.. Dinar share. Com slid around 2%.

Walmart (WMT) â ?? Walmart has resumed counting and monitoring the number of customers in its stores at any time. The retail giant has set customer limits since April due to Covid, but they haven’t actually counted in recent months. Separately, Walmart sells its largest stake in Japanese supermarket chain Seiyu to KKR (KKR) and e-commerce company Rakuten for more than $ 1 billion.. Walmart will hold 15% of Seiyu, KKR will own 65% and Rakuten 20%. Walmart shares rose 1% in the market.

Simon Real Estate Group (SPG) â ?? Simon will buy competing Taubman Centers (TCO) in adjusted acquisition of $ 43 per share.. That’s less than the original $ 52 deal. 50 per share, in February before the full impact of Covid-19 on retailers took hold. Shares of Simon Property rose 7% in pre-market trading.

PNC Financial (PNC) â ???? PNC buys U. s. Unit from Spanish banking company BBVA (BBVA) for $ 11. 6 billion in cash. The deal is the second-largest banking deal in the US since the 2008 financial crisis, after only BB&T acquired SunTrust Banks last year for $ 28.. 2 billion. The deal marks the unwinding of BBVA’s 2007 acquisition of Alabama-based Compass Bancshares. PNC shares are up 4%, while BBVA shares are up nearly 19% in pre-market trading.

Caesars Entertainment (CZR) â ???? British billionaire Fred Dunn, the largest shareholder in British betting firm William Hill, will support the planned $ 3. 7 billion Caesar acquisitions of the company, according to a report in The Telegraph. Caesars shares rose more than 3% in PriMarket.

Uber Technologies (UBER) â ???? Uber is in talks to sell its autonomous driving unit to Aurora to start operating self-driving cars, according to multiple reports. Talks are said to continue without making sure of an agreement. Uber shares rose 3% in pre-market trading.

Western Union (WU) â ?? Western Union will suspend money transfers to Cuba, after the White House moved to ban transfers sent through companies controlled by the military such as Western Union’s main Cuban partner Fincimex.. Western Union shares rose more than 1% in the pre-market.

Qualcomm (QCOM) ???? Chip maker got permission from U. s. The government sells 4G mobile phone chips to the Chinese company Huawei, except for the ongoing ban that went into effect in September. Stocks have changed little at PriMarket.

Textile (TPR) â ?? The company behind luxury brands Coach and Kate Spade has been promoted to ‘overweight’ from ‘neutral’ at JPMorgan Chase. JPMorgan cited confidence in healthy earnings growth after a meeting with management, and views current price of the stock undervalued. Tapestry shares rose 6% in the market.

Activision Blizzard (ATVI), Take-Two Interactive (TTWO) â ?? Evercore has started covering video game makers with « superior » ratings, citing a rich selection of games and increased user engagement by the industry.. The stocks of the companies were almost flat in the market.

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World News – US – The biggest moves in the primary market: Moderna, Casper Sleep, Uber, Tapestry & More