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Check out the companies making headlines in premarket trading. Regeneron Pharmaceuticals (REGN) — Regeneron shares fell more than 1% in the premarket after the company said its Covid-19 antibody cocktail and similar drugs could be less effective against the omicron Covid variant. The drugmaker said mutations in the variant suggest “there may be reduced neutralization
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Box office analysts are optimistic that more families will head to movie theaters this Thanksgiving since some children have received Covid vaccinations. All eyes are on Disney’s “Encanto,” which analysts hope will be a major catalyst for ticket sales during the five-day holiday period. Other films being released this week include “House of Gucci,” “Licorice
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“Even if you’re vaccinated, continue to take precautions to prevent becoming infected yourself, and to infecting someone else who could die,” WHO Director-General Dr. Tedros Adhanom Ghebreyesus said. “That means wearing a mask, maintaining distance, avoiding crowds and meeting others outside if you can, or in a well-ventilated space inside,” he said. Though the majority
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Dr. Scott Gottlieb, a Pfizer board member, told CNBC that people should get their boosters as soon as possible because breakthrough infections are occurring more than the public realizes. The Centers for Disease Control and Prevention cleared Pfizer and Moderna boosters for all adults on Friday. The agency previously cleared Johnson & Johnson boosters. Anyone
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Check out the companies making headlines in midday trading. United Airlines, Boeing — Shares of travel-related stocks dipped after Austria announced earlier in the day that it would reenter a full national lockdown due to a spike in Covid cases. United Airlines fell about 3.2% while American dipped 1%. Boeing fell 4.9%. Devon Energy, Hess Corporation
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The CDC still has to authorize distribution of the booster doses before people can start receiving the shots, which could start this weekend. The CDC’s independent panel of vaccine experts is scheduled to meet on Friday to review the new data. CDC Director Rochelle Walensky on Wednesday said the public health agency would “act swiftly”
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Arkansas, Colorado, Louisiana, Kansas, Kentucky, Maine, New Mexico, Vermont and West Virginia are promoting the widespread rollout of boosters for any fully vaccinated adult. New York and Rhode Island are asking adults in high-transmission areas to get boosted, while New Jersey and Minnesota are planning to expand eligibility in the days ahead. California’s also asking
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Fauci blamed the increasing number of Covid cases on the roughly 60 million eligible individuals across the country who remain unimmunized against the virus. He referenced Israeli data that showed Covid booster doses lowered recipients’ chances for infection and severe symptoms. Some 30.1 million people nationwide have received an additional dose of a Covid vaccine,
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A pharmacy in Virginia incorrectly administered Pfizer and BioNTech’s Covid-19 shots to 112 children last week, according to the state Department of Health. Although Pfizer makes special color-coded vials for younger children to ensure they get the right dosage, employees at a pharmacy in Aldie, Va., located about 36 miles outs ide of Washington, D.C.,
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Moderna defended the use of its Covid-19 vaccine Thursday, saying the protection it offers against severe disease, hospitalization and death outweighs the risk of myocarditis, a rare heart condition seen in a small number of young men who received the shot. The company announced last week that the Food and Drug Administration needed more time
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National Institutes of Health Director Dr. Francis Collins is advising fully vaccinated Americans to get their Covid booster shots to prevent breakthrough cases over the holidays, citing data from Israel that showed the waning effectiveness of Pfizer and BioNTech’s Covid-19 vaccine against the delta variant. The team from Technion-Israel Institute of Technology, Haifa, analyzed nearly
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Sakis Mitrolidis | AFP | Getty Images Pfizer CEO Albert Bourla delivers a speech during the inauguration ceremony of the companys new center for Digital Innovation and Business Operations and Services, in Thessaloniki, on October 12, 2021. People who spread misinformation on Covid-19 vaccines are “criminals” and have cost “millions of lives,” Pfizer CEO Albert
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Travel companies like Delta, Airbnb and Expedia pointed to clear signs of recovery in recent earnings reports. Stay-at-home stocks like Peloton, Zoom and Netflix sold off this week. Dr. Scott Gottlieb told CNBC on Friday that Covid-19 could end in the U.S. by early January. As travel industry executives tout the rapid resurgence of tourism
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