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Company News for Jun 16, 2021

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  • Shares of The Boeing Co. (BA - Free Report) rose 0.6% following news that the U.S. and the European Union settled a long-standing dispute involving aircraft subsidies to Boeing and Airbus.
  • MicroStrategy Inc.’s (MSTR - Free Report) shares popped 5.4% after the company stated it is planning to sell up to $1 billion worth of its shares and it will use the proceeds to buy additional Bitcoin.
  • Ocugen, Inc.’s (OCGN - Free Report) shares gained 2.1% after the company said that it had struck a deal with Jubilant HollisterStier for manufacturing the COVID-19 vaccine, namely, Covaxin, in the United States.
  • Ford Motor Co. (F - Free Report) shares rose 0.9% after the company stated that it has started shipping the new Bronco SUVs from its Michigan assembly plant.