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Company News for Jun 28, 2022

  • Shares of BioNTech SE BNTX jumped 7.2% after the company along with its partner Pfizer Inc. PFE that its Omicron-based COVID-19 booster shot proved to provide better immune response against the variant.
  • Robinhood Markets, Inc.’s HOOD shares soared 14% after crypto exchange FTX said that it didn’t have any conversation with Robinhood on a merger or acquisition of the trading app as reports had earlier claimed.  
  • Shares of Walgreens Boots Alliance, Inc. WBA rose 1.3% on reports that its India conglomerate Reliance Industries is initiating talks with global lenders to raise $8 billion in a bid to buy Walgreens’ Boots drugstore chain.
  •  Spirit Airlines, Inc.’s SAVE shares plummeted 8% after the airline said that it will accept the latest takeover deal offer from Frontier Group Holdings, Inc. ULCC, valued at $2.7 billion, while the all-cash offer from JetBlue Airways Corporation JBLU is worth $3.7 billion.

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Pfizer Inc. (PFE): Free Stock Analysis Report
JetBlue Airways Corporation (JBLU): Free Stock Analysis Report
Spirit Airlines, Inc. (SAVE): Free Stock Analysis Report
Walgreens Boots Alliance, Inc. (WBA): Free Stock Analysis Report
BioNTech SE Sponsored ADR (BNTX): Free Stock Analysis Report
Frontier Group Holdings, Inc. (ULCC): Free Stock Analysis Report
Robinhood Markets, Inc. (HOOD): Free Stock Analysis Report
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