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Company News for Jun 28, 2022

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  • Shares of BioNTech SE (BNTX - Free Report) jumped 7.2% after the company along with its partner Pfizer Inc. (PFE - Free Report) that its Omicron-based COVID-19 booster shot proved to provide better immune response against the variant.
  • Robinhood Markets, Inc.’s (HOOD - Free Report) shares soared 14% after crypto exchange FTX said that it didn’t have any conversation with Robinhood on a merger or acquisition of the trading app as reports had earlier claimed.  
  • Shares of Walgreens Boots Alliance, Inc. (WBA - Free Report) rose 1.3% on reports that its India conglomerate Reliance Industries is initiating talks with global lenders to raise $8 billion in a bid to buy Walgreens’ Boots drugstore chain.
  •  Spirit Airlines, Inc.’s (SAVE - Free Report) shares plummeted 8% after the airline said that it will accept the latest takeover deal offer from Frontier Group Holdings, Inc. (ULCC - Free Report) , valued at $2.7 billion, while the all-cash offer from JetBlue Airways Corporation (JBLU - Free Report) is worth $3.7 billion.