Company news from May 12, 2022
- Moderna, Inc.’s MRNA shares fell 6.7% after the company announced its chief financial officer left just two days after joining the job.
- Shares of Coinbase Global, Inc. COIN fell 26.4% after the company reported an adjusted loss of $1.98 per share in the first quarter of 2022, missing Zacks consensus earnings estimate of 0 $.35 per share.
- Shares of Occidental Petroleum Corporation OXY rose 1.2% after the company reported first-quarter 2022 earnings of $2.12 per share, beating Zacks consensus estimate of $1.97 per share .
- SWCH shares of Switch Inc. jumped 9.1% after DigitalBridge Group, Inc. DBRG offered to buy the company in an $11 billion deal.
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