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Moderna Falls, Synopsys Gains, Barrick Mining Rises on IPO News
Description
On this episode of Stock Movers:
- Vaccine makers (MRNA, BNTX, PCVX) shares fall after news that the FDA will place new restrictions on which vaccines hit the market due to safety concerns, according to a memo from Vinay Prasad, a top FDA official.
- Synopsys (SNPS) shares rise after Nvidia struck a deal to invest $2 billion into chip-design software maker Synopsys Inc.’s stock as part of a broader engineering and design tie-up, the latest massive investment by the chipmaker into one of its own suppliers.
- Barrick Mining (ABX) shares rise after news that the company is exploring an initial public offering of its North American gold assets, including its joint-venture interests in Nevada and a large mine in the Dominican Republic.
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