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Company News for Feb 27, 2020

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  • Shares of Novavax, Inc. NVAX surged 16% after the late-stage biotechnology company highlighted progress in efforts to develop novel vaccine to shield against coronavirus.
  • Shares of B&G Foods, Inc. BGS gained 23.2% after the company reported adjusted earnings of 28 cents per share, which were in line with the Zacks Consensus Estimate.
  • Shares of Sabre Corporation SABR declined 16.1% after the company reported quarterly earnings of $0.16 per share, which missed the Zacks Consensus Estimate of $0.17.
  • Shares of Chesapeake Energy Corporation CHK declined 30.5% after the company reported revenues of $969 million, which missed the Zacks Consensus Estimate of $1,212 million.