— Shares of Novavax slipped more than 15% after missing on the top and bottom lines of its quarterly results. Novavax reported a loss of $2.70 per share, compared to the loss of $1.49 per share expected on Wall Street, according to Refinitiv. The company made $279.7 million, lower than the forecast $304.9 million.– Shares of the travel booking site jumped more than 7% after Citi upgraded the stock to a buy rating.
Switch beat earnings estimates, reporting a 6 cent per share profit excluding items compared to the expected 5 cent per share profit, but revenue fell short of expectations. The company said sales reached $127.7 million during the period, short of the expected $131.3 million, according to analysts surveyed by Refinitiv.— The insurance stock sank about 14% despite Lemonade beating expectations on the top and bottom lines in its fourth-quarter report.
Funny no one is talking about Blockchain stock....