Novavax, GoodRx, Allbirds and more

Novavax, GoodRx, Allbirds and more

Check out some of the biggest movers in the premarket: Novavax (NVAX) – The drugmaker’s stock in the premarket plunged 32.3% after an unexpected quarterly loss and halving its full-year revenue forecast. Novavax said it did not expect further US sales of its Covid-19 vaccine this year amid weak demand and oversupply. GoodRx (GDRX) – … Read more

Berkshire CEO-designated Abel sells stake in energy company he led for $870 million

Berkshire CEO-designated Abel sells stake in energy company he led for 0 million

Greg Abel at the Berkshire Hathaway Annual Meeting in Los Angeles, California. May 1, 2021. Gerard Miller | CNBC Berkshire Hathaway said on Saturday that vice chairman Greg Abel, next in line to succeed billionaire Warren Buffett as chief executive, has sold his 1% stake in the company’s Berkshire Hathaway Energy unit for $870 million. … Read more

Berkshire Hathaway BRK profit Q2 2022

Berkshire Hathaway BRK profit Q2 2022

An Andy Warhol-esque print of Berkshire Hathaway CEO Warren Buffett hangs outside a clothing booth at Berkshire Hathaway Inc’s first in-person annual meeting since 2019 in Omaha, Nebraska, US April 30, 2022. Scott Morgan | Reuters Berkshire Hathaway’s corporate profits rose in the second quarter despite fears of slowing growth, but the Warren Buffett conglomerate … Read more