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Summary | 3 Annotations
J&J said a batch of its Covid-19 vaccine that came from a Baltimore factory did not meet quality standards and will not be distributed. The company said the problem stemmed from a quality issue for a vaccine ingredient made by Emergent BioSolutions (EBS). J&J fell 1.1% premarket, while Emergent BioSolutions tumbled 8.5%.
2021/04/01 14:04
Pfizer (PFE) – New data released by the drugmaker and partner BioNTech (BNTX) showed 91% efficacy for its Covid-19 vaccine after six months. Pfizer edged higher by 0.3% in premarket trading, while BioNTech was up 1.1%.
2021/04/01 14:04
Micron Technology (MU) – The computer chip maker reported quarterly profit of 98 cents per share, beating consensus estimates by 3 cents a share. Revenue came in slightly above Wall Street forecasts. The company also issued an upbeat forecast amid elevated demand for semiconductors. Separately, The Wall Street Journal reported Micron is exploring a deal for Kioxia that could value the Japanese chip maker at around $30 billion. Micron shares jumped 4.5% in the premarket.
2021/04/01 14:04