Boeing seems to be fragile at the moment, a great number of 737 Max orders are canceled. BA stock is falling.
Despite a fall of Tesla (TSLA) stock by 1.72% on Wednesday and by 7.88% in the premarket today, the company is now ranked highest-valued U.S. industrial company after overtaking Boeing.
Gilead Sciences (GILD) stock price has moved up at the news that its drug remdesivir is used to treat coronavirus patients on ‘compassionate’ grounds.
The Dow Jones opened with a fall amid the coronavirus outbreak. The Saudi Arabian and Russians continue with their supremacy battle on the crude oil price.
Novavax (NVAX) stock jumped again yesterday after it received a $4 million award to be pumped into developing a vaccine for COVID-19. However, today it is falling.
The coronavirus is negatively influencing the markets. Though Apple (AAPL) stock was moving up yesterday, today it is falling again.
Google (GOOGL) stock rose 4.88% on Tuesday as the company is expanding work from home recommendation to all North American employees and established ‘COVID-19 fund’
Tuesday’s rally did not last long. Early on Wednesday, U.S. stock futures, including Dow, fell sharply. Tech stocks have also suffered.
Citron Research warned investors that Ino stock would fall back to $2 and called for the Securities and Exchange Commission to investigate Inovio and suspend trading of its stock.
While TSLA stock is quite unstable these days, Tesla has announced its new plans for its production activity in China.
PayPal lost over 8% of its stock price yesterday as it feels the brunt of the biting coronavirus epidemic. The company’s execs have also been dumping shares.
Elon Musk has announced that Tesla has now produced 1 million vehicles. Tesla (TSLA) stock positively reacted to this announcement and jumped almost 10% in the premarket.
Markets in the Asia Pacific began to recover Tuesday and Dow Jones futures jumped more than 800 points a day after novel coronavirus fears and an oil price war sparked a worldwide panic.
While Facebook (FB) stock is experiencing not the best times, the company takes contingent plans for the future by adding two female board members.
Virgin Galactic (SPCE) stock does not differ from other tech shares in yielding to the influence of negative events. It lost 10.29% on Monday. At the same time Musk worries that SpaceX won’t fo to Mars before he dies.