Company News for Jun 14, 2021

·1-min read
  • Shares of Vertex Pharmaceuticals Inc. VRTX fell nearly 11% after the company stated that it is going to stop developing an experimental drug after it was found unlikely to be effective against AAT Deficiency disease.

  • Royal Caribbean Group’s RCL shares fell 0.6% after the company stated that two passengers aboard its Celebrity Millennium Cruise ship had tested positive for COVID-19.

  • American Airlines Group Inc.’s AAL shares rose 0.3% after the company said that it is going to invest $25 million into Vertical Aerospace, a flying taxi startup company.

  • Protagonist Therapeutics, Inc.’s PTGX shares rose 17.1% after the company announced updated results from its ongoing Phase 2 study of rusfertide for polycythemia vera, which is a type of blood cancer, at the European Hematology Association 2021 Virtual Congress session.

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