Friday, July 23, 2021

Airbnb (ABNB), DoorDash (DASH), Pfizer (PFE), BioNTech (BNTX) Stocks Victims Of Profit Taking On Friday

On Friday, investors took profits on Airbnb Inc’s (ABNB) second day of trading which dropped -3.77 percent to $139.25 after its 113 percent rise the day before at its start on the Nasdaq. The other big IPO of the week, DoorDash Inc (DASH) dropped -5.91 percent to $175.00 correcting around 8 percent in two sessions, after its 85 percent surge Wednesday for its Wall Street launch.


3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

Sponsored


The two unicorns made their stock market debut, setting introductory prices far higher than the indicative ranges predicted, raising billions of dollars. At its IPO day on Wednesday, DoorDash raised $3.3 billion to fund its growth while Airbnb came raising $3.5 billion at its IPO on Thursday.


A Backdoor Way To Profit From Today’s Crypto Bull Market

Even if you’re not actively in crypto, you deserve to know what’s actually going on...

Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.

Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free. .

Sponsored


Profit-taking also brought Pfizer Inc (PFE) stock down -1.46 percent to $41.12 as well as its German partner BioNTech SE (BNTX) dropped -1.73% to $127.30.  On Friday, a panel of independent FDA experts voted by a significant majority in favor of an emergency use authorization against Covid-19 by these companies for their vaccine. That advice is going to be taken by the FDA. The Centers for Disease Control and Prevention (CDC) in the United States and Operation Warp Speed have already been contacted to enforce their vaccine delivery plans. This will be the first vaccine in the USA that will be available.

Apple Inc (AAPL) took a plunge of -0.67 percent to $122.41 while its ex-supplier of modem, Qualcomm Incorporated (QCOM) dropped -7.36 percent to $144.28 on the day. The Apple decided to use its own cellular modem in its devices to replace Qualcomm’s products, reported ‘Bloomberg.’ According to a group executive, who reportedly relied on staff, progress is said to have started this year.

MetLife Inc (MET) plummeted -0.76 percent to $47.19 at close of the trading session on Friday. A $3.94 billion purchase of MetLifes non-life insurance operations in the United States was completed by Switzerland’s Zurich Insurance and Farmers Exchanges.

Latest news

Novanta Inc. (NOVT) Acquires Schneider Electric Motion USA (SEM) For $115M Cash

Novanta Inc. (NASDAQ: NOVT) has acquired Schneider Electric Motion USA (SEM), a company that could contribute to its industrial automation development. Novanta Inc. (NOVT) purchased...

What Helped MannKind Corporation (MNKD) Stock Jump 11.6 Percent?

During the trading session on 28 June,2021 MannKind Corporation (NASDAQ: MNKD) advanced 11.60 percent to $5.31.This hike occurred as a result of recent efforts...

Identifying Value and Future Vision in Chewy Inc. (CHWY) Stock

Chewy Inc. (NYSE: CHWY), an online pet product retailer, recently introduced a new service, Connect With a Vet, featuring remote consultations with veterinarians. The...

Technical Outlook And Game Plan For Twilio Inc. (NYSE: TWLO)

Twilio Inc. (TWLO), which provides cloud-based tools to organize communication infrastructure, is one of the most visible beneficiaries of digital transformation in business. With...

Related news

Novanta Inc. (NOVT) Acquires Schneider Electric Motion USA (SEM) For $115M Cash

Novanta Inc. (NASDAQ: NOVT) has acquired Schneider Electric Motion USA (SEM), a company that could contribute to its industrial automation development. Novanta Inc. (NOVT) purchased...

What Helped MannKind Corporation (MNKD) Stock Jump 11.6 Percent?

During the trading session on 28 June,2021 MannKind Corporation (NASDAQ: MNKD) advanced 11.60 percent to $5.31.This hike occurred as a result of recent efforts...

Identifying Value and Future Vision in Chewy Inc. (CHWY) Stock

Chewy Inc. (NYSE: CHWY), an online pet product retailer, recently introduced a new service, Connect With a Vet, featuring remote consultations with veterinarians. The...

Technical Outlook And Game Plan For Twilio Inc. (NYSE: TWLO)

Twilio Inc. (TWLO), which provides cloud-based tools to organize communication infrastructure, is one of the most visible beneficiaries of digital transformation in business. With...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

1745

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

Download Free eBook For

7 GROWTH STOCKS FOR 2021

100% free. stop anytime no spam