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Company News for Apr 5, 2022

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  • Pinduoduo Inc.’s (PDD - Free Report) shares surged 15.6% following news of a potential rule change that would allow Chinese companies to share sensitive data with U.S. regulators.
  • Roku, Inc.’s (ROKU - Free Report) shares gained 7.2% following its statement confirming a multi-year extension of its distribution agreement with Amazon.com, Inc. (AMZN - Free Report) .
  • Shares of Starbucks Corporation (SBUX - Free Report) plunged 3.7% after CEO Howard Schultz announced that the company would suspend share buybacks.
  • Moderna, Inc.’s (MRNA - Free Report) shares plunged 2.3% after FDA warned about updating vaccines to ensure higher effectiveness against the COVID-19 virus in a briefing document.

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