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Company News for Mar 30, 2022

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  • FedEx Corp.’s (FDX - Free Report) shares advanced 3.7% following news that its founder and CEO Fred Smith would step down on Jun 1.
  • LHC Group Inc.’s shares climbed 5.9% following news that the company will be acquired by UnitedHealth Group Inc. (UNH - Free Report) for a consideration of approximately $5.4 billion.
  • Shares of Moderna Inc. (MRNA - Free Report) surged 4.4% after the FDA authorized an additional booster shot of COVID-19 vaccine for people age 50 and above
  • Shares of Elbit Systems Ltd. tumbled 8.1% after posting fourth-quarter fiscal 2021 adjusted earnings per share of $2.14,  missing the Zacks Consensus Estimate of $2.18.

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