On October 31, 2021, a Delta airlines plane will land at Kingsford Smith International airport in Australia.
Check out the companies that are making news.
The news of the new Covid-19 variant is hitting airline stocks hard in the premarket. Royal Caribbean slid 10.6%, Carnival took a 10.5% hit, and Norwegian fell 10%.
The stocks that benefited from the Covid-19 closings rebounded, with Zoom Video gaining 7.8% in premarket trading.
Moderna surged 8.6% in the premarket, Pfizer jumped 5.6%, BioNTech surged 7.3%, and Novavax surged 5.3%, following the Covid variant news.
The drug maker and its partner, Ridgeback Biotherapeutics, said their experimental Covid pill cut the risk of death and hospitalization in at-risk patients by 30%. That was a lower efficacy rate than was seen in an earlier study, and the company fell 3% in premarket trading.
According to a report, Didi has been asked to delist from the New York Stock Exchange. Concerns about data security prompted the request to delist the ride-haling company. Didi fell in premarket action.
According to the Beijing Daily newspaper, the company will invest $188 million to increase production capacity at its factory in Shanghai. In the premarket,Tesla fell.
The intellectual property complaints between the two companies have been withdrawn. The companies did not give a reason for ending the cases. United Micro fell 2.5% in the premarket.
According to a report in the Canadian Press, Boeing was told that it did not meet the government's requirements in its bid to sell fighter jets to Canada. The report said that two other competitors, including Sweden's Saab, did meet the requirements and remain in the competition. Boeing lost money before the market opened.
After the sale of 839,000 shares in an SEC filing, Microsoft's Chief Executive Officer, Satya Nadella, had ownership of 831,000 shares. Microsoft fell in the premarket.
The China-based e-commerce platform operator saw its shares plummet in the premarket after it reported quarterly revenue that was well below analyst estimates.
