Novavax Stock on Track for Worst Day Since 2022
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Payments infrastructure giant Stripe said today it has inked deals with investors to provide liquidity to current and former employees through a tender offer at a $65 billion valuation. Notably, the valuation represents a 30% increase compared to what Stripe was valued at last March when it raised $6.5 billion...
An aerial photo shows Boeing 737 Max airplanes parked on the tarmac at the Boeing Factory in Renton, Washington, on March 21, 2019.Lindsey Wasson | ReutersThe Federal Aviation Administration is giving Boeing 90 days to come up with a plan to improve quality control, the agency said Wednesday, less...
Check out the companies making the biggest moves in premarket trading: Beyond Meat — Shares soared 59% one day after the plant-based meat company topped fourth-quarter revenue estimates and said it would "steeply reduce" costs this year. Revenue came in at $73.7 million, versus the $66.7 million expected from...
A HomeGoods shopping cart area in front of a T.J. Maxx store in Pinole, California, US, on Wednesday, May 3, 2023.David Paul Morris | Bloomberg | Getty ImagesTJX Cos. on Wednesday said holiday sales jumped 13% as shoppers hunting for deals flocked to the off-price retailer. Here's how TJX did...
Budrul Chukrut | Lightrocket | Getty ImagesVaccine maker Novavax on Wednesday reported fourth-quarter revenue and earnings that missed Wall Street's estimates and reiterated plans to cut costs as it fights to stay afloat. Still, Novavax narrowed its losses in the quarter from the same period a year ago, even as...
In the dynamic world of business, understanding the worth of an enterprise is essential for a myriad of reasons, from fundraising and mergers to sales and internal reviews. For industries that are rapidly evolving, such as the fintech sector, determining this worth can be challenging. Company valuation, therefore, plays...
The Port of Fontvieille Harbor in the Principality of Monaco.Education Images | Universal Images Group | Getty ImagesThe ultrawealthy are looking for a better lifestyle and strong investment when it comes to buying their next home, according to a new study.One-quarter of American ultra-high-net individuals, or those worth $30...