Data management software company Backblaze Inc. on Tuesday said it plans to sell 6.25 million shares of Class A common stock at $15 to $17 per share in its upcoming initial public offering. The Palo Alto, Calif.-based company plans to trade on the Nasdaq under the symbol BLZE. At...
Novavax Inc. NVAX, -1.19% said Friday it has filed for provisional approval of its COVID-19 vaccine in Australia. "The company's application to the TGA marks the first complete application for provisional approval of a protein-based COVID-19 vaccine in Australia," the company said in a statement. The move comes just...
U.S. stock indexes were trading mixed heading toward the closing bell Monday, with the S&P 500 and Dow Jones Industrial Average each climbing higher while the Nasdaq Composite was down, after the White House announced earlier in the day that Federal Reserve Chairman Jerome Powell was nominated to serve...
Shares of Hibbett Inc. HIBB, -6.66% tumbled 7.0% in afternoon trading Thursday, putting them on track for their longest losing streak in over 13 months, after BofA Securities analyst Alexander Perry backed away from his bullish stance on the sporting goods retailer, citing expectations of lower demand as government...
Shares of Chevron Corp. CVX, +1.21% surged 2.0% toward a 22-month high in premarket trading Friday, after the oil and gas giant reported third-quarter profit and revenue that rose well above expectations, as crude oil prices nearly doubled and natural gas prices nearly quadrupled. The company swung to net...
Gold futures climbed on Thursday, stretching their winning streak into a sixth straight session to mark another settlement at the highest since mid-June. The move up for gold follows a 1% rise in prices a day earlier, "when it surged following the inflation report as traders sought out an...
Vaxxinity Inc. VAXX, is set to go public Thursday, as the Texas-based biotechnology company's downsized initial public offering priced below the expected range at $13 a share. The company raised $78.0 million as it sold 6.0 million Class A shares in the IPO. With a total of 125.45...
The Biden administration is studying the potential replacement of a segment of the Line 5 oil and gas pipeline that serves the Midwest, a White House official said on Monday. Earlier Monday during a press briefing, White House spokeswoman Karine Jean-Pierre said the Army Corps of Engineers is preparing...
Udemy Inc. UDMY, -5.17% is set to make its public debut Friday, after the California-based online-learning platform said overnight that its initial public offering priced at $29 a share, at the top of the expected range of between $27 and $29 a share. The company sold 14.5 million shares...
Newell Brands Inc. NWL, +5.14% stock rose 2.7% in Friday premarket trading after the consumer goods company reported third-quarter profit that fell but beat expectations, and raised its full-year guidance. Net income totaled $190 million, or 44 cents per share, down from $304 million, or 71 cents per share,...