Saturday, April 17, 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.

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

What News is Causing a decrease in Jaguar Health Inc. (JAGX) Stock Price?

Jaguar Health, Inc. (NASDAQ: JAGX), announced their at-the-market (ATM) financing program to be increased by a staggering $15.3M, which was initiated on October 5,...

Investors Relieved as Workhorse Group Inc (WKHS) Stock Price Surge

Workhorse Group Inc. (WKHS) stock prices are up an impressive 13.99% shortly after the market opened on April 16th, 2021, bringing the shares up...

Timber Pharmaceuticals, Inc (TMBR) Stock Price Fall Despite a Lack of Negative Press

April 16th, 2021 has seen Timber Pharmaceuticals, Inc. (TMBR) stock prices experience a sharp decline of more than 14%, dropping down to USD$1.5192. TMBR at...

Why Torchlight Energy Resources Inc. (TRCH) stock is decreasing today?

Torchlight Energy Resources, Inc. (NASDAQ: TRCH), a company engaged in the acquisition, exploration, of oil and gas,  announced that it is working to finish...

Related news

What News is Causing a decrease in Jaguar Health Inc. (JAGX) Stock Price?

Jaguar Health, Inc. (NASDAQ: JAGX), announced their at-the-market (ATM) financing program to be increased by a staggering $15.3M, which was initiated on October 5,...

Investors Relieved as Workhorse Group Inc (WKHS) Stock Price Surge

Workhorse Group Inc. (WKHS) stock prices are up an impressive 13.99% shortly after the market opened on April 16th, 2021, bringing the shares up...

Timber Pharmaceuticals, Inc (TMBR) Stock Price Fall Despite a Lack of Negative Press

April 16th, 2021 has seen Timber Pharmaceuticals, Inc. (TMBR) stock prices experience a sharp decline of more than 14%, dropping down to USD$1.5192. TMBR at...

Why Torchlight Energy Resources Inc. (TRCH) stock is decreasing today?

Torchlight Energy Resources, Inc. (NASDAQ: TRCH), a company engaged in the acquisition, exploration, of oil and gas,  announced that it is working to finish...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

We do not sell or share your information with anyone.