Company News for Oct 30, 2020

  • Netflix Inc.'s NFLX shares surged 3.7% after the company declared that it will raise the cost for most of its monthly plans in the United States by one or two dollar.

  • Shares of Moderna Inc. MRNA climbed 8.4% after the company announced that it will report early data from a phase 3 clinical trial of its experimental COVID-19 vaccine next month.

  • Shares of Inphi Corp. IPHI soared 26.7% after its rival chip maker Marvell Technology Group Ltd. MRVL decided to acquire the company for a stock and cash deal valued around $10 billion.

  • Ralph Lauren Corp.'s RL shares tumbled 5% after the company reported second-quarter fiscal 2021 revenues of $1,193.5 million, missing the Zacks Consensus Estimate of $1,220 million.


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