Company News for Jun 28, 2022



  • Shares of BioNTech SE

    BNTX

    jumped 7.2% after the company along with its partner Pfizer Inc.

    PFE

    that its Omicron-based COVID-19 booster shot proved to provide better immune response against the variant.



  • Robinhood Markets, Inc.’s

    HOOD

    shares soared 14% after crypto exchange FTX said that it didn’t have any conversation with Robinhood on a merger or acquisition of the trading app as reports had earlier claimed.



  • Shares of Walgreens Boots Alliance, Inc.

    WBA

    rose 1.3% on reports that its India conglomerate Reliance Industries is initiating talks with global lenders to raise $8 billion in a bid to buy Walgreens’ Boots drugstore chain.



  • Spirit Airlines, Inc.’s

    SAVE

    shares plummeted 8% after the airline said that it will accept the latest takeover deal offer from Frontier Group Holdings, Inc.

    ULCC

    , valued at $2.7 billion, while the all-cash offer from JetBlue Airways Corporation

    JBLU

    is worth $3.7 billion.


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