Company News for Jun 11, 2020

Zacks Equity Research Published on June 11, 2020

Eli Lilly and Co.'s (LLY - Free Report) shares gained 1.3% after the company said it could have a drug for the treatment of COVID-19, depending on the result of the two antibody therapies it is testing.
Shares of Verint Systems Inc. (VRNT - Free Report) plummeted 11.7% after reporting first-quarter fiscal 2020 adjusted earnings per share of $0.52, missing the Zacks Consensus Estimate of $0.66.
Shares of Starbucks Corp. (SBUX - Free Report) tanked 4.1% after the company warned that its revenue will tumble by around $3 to $3.2 billion for the third quarter of fiscal 2020.
Taubman Centers Inc.'s shares plunged 20.1% after its $3.6 billion merger deal with Simon Property Group Inc. (SPG - Free Report) fell apart.

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