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Company News for Oct 1, 2021

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  • Paychex, Inc.’s (PAYX - Free Report) shares rose 4.3% after the company reported first-quarter of fiscal 2022 earnings of 89 cents per share, surpassing the Zacks Consensus Estimate of 81 cents.
  • Shares of Virgin Galactic Holdings, Inc. (SPCE - Free Report) surged 12.2% after the company reported that it was cleared to fly FAA-licensed spaceflights after the conclusion of FAA inquiry on the Unity 22 flight that took place in July.
  • Alzamend Neuro, Inc.’s shares surged 35.1% after the company reported that it has received a pre-IND response from the FDA for AL002, a cell-based therapeutic vaccine that aims to restore the ability of patients' immunological system to combat Alzheimer's disease.
  • Shares of Onion Global Limited (OG - Free Report) jumped 30% after the company announced plans to launch the LUCA Elite Club events in its KOC community to enhance distribution channel efficiency.