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Virgin Galactic SpaceShipTwo spacecraft Unity during a glide flight test in New Mexico. Virgin Galactic Virgin Galactic — Virgin shares soared more than 36% after it announced the Federal Aviation Administration has given it the green light to fly paying customers into space. It’s the first such license approved by the FAA. The company has
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Take a look at some of the biggest movers in the premarket: Eli Lilly (LLY) – The drugmaker’s shares surged 8.7% in the premarket after Lilly’s Alzheimer’s treatment received “breakthrough therapy” designation from the Food and Drug Administration. The designation means the treatment may show substantial improvement over existing therapies and qualifying it for expedited
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In this article CXM BYND SCS Source: Beyond Meat Check out the companies making headlines after the bell:  Beyond Meat — Shares of the plant-based meat company dipped 1.3% in extended trading after JPMorgan reported that Dunkin’ recently discontinued the Beyond Sausage breakfast sandwich. “We personally enjoyed the Beyond Sausage sandwich at Dunkin’ and thought
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Take a look at some of the biggest movers in the premarket: GlaxoSmithKline (GSK) – The drugmaker’s stock rose 3.5% in the premarket after it detailed plans to spin out its consumer health-care business into a separate company. Glaxo will eventually receive an $11 billion payment from the new company. MicroStrategy (MSTR) – MicroStrategy rallied
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Take a look at some of the biggest movers in the premarket: MicroStrategy (MSTR) – MicroStrategy shares tumbled 8.7% in premarket trading amid a slide in bitcoin prices following the expansion of China’s crackdown on bitcoin mining. The business analytics company is among the biggest corporate investors in bitcoin, with several billion dollars in holdings
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Federal Reserve Chair Jerome Powell speaks during a Senate Banking Committee hearing on Capitol Hill, Washington, December 1, 2020. Al Drago | Pool | Reuters The Federal Reserve unleashed a huge repositioning in global financial markets, as investors reacted to a world where the U.S. central bank is no longer guaranteeing that its policies will
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Take a look at some of the biggest movers in the premarket: Adobe (ADBE) – Adobe reported quarterly profit of $3.03 per share, 21 cents a share above estimates. The software company’s revenue also topped Wall Street forecasts and Adobe gave stronger-than-expected current-quarter guidance. Its shares rose 3.1% in premarket trading. Smith & Wesson (SWBI)
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Take a look at some of the biggest movers in the premarket: Oracle (ORCL) – Oracle earned $1.54 per share for its latest quarter, beating the consensus estimate of $1.31 a share. The business software company’s revenue topped estimates as well. The company forecast current-quarter profit below consensus, however, as it increases investment in its
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