Company News for April 5, 2022

  • PDD shares of Pinduoduo Inc. jumped 15.6% following news of a potential rule change that would allow Chinese companies to share sensitive data with US regulators.
  • Roku, Inc.’s ROKU shares gained 7.2% following its statement confirming a multi-year extension of its distribution agreement with, Inc. AMZN.
  • Shares of Starbucks Corporation SBUX plunged 3.7% after CEO Howard Schultz announced the company would suspend stock buybacks.
  • Moderna, Inc.’s ARNM shares fell 2.3% after the FDA warned against updating vaccines to ensure greater effectiveness against the COVID-19 virus in a briefing document .

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Starbucks Corporation (SBUX): Free Inventory Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Karen J. Nelson