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Company News for Dec 28, 2020

Zacks Equity Research
·1-min read

  • Shares of Anheuser-Busch InBev SA/NV BUD rose 0.1% following news that the company has agreed to sell 49.9% stake in its U.S. metal container plants for nearly $3 billion to a consortium led by Apollo Global Management, Inc. APO.

  • Inovio Pharmaceuticals Inc. INO shares gained 1.9% after the company released positive Phase 1 data of its COVID-19 DNA vaccine candidate.

  • Shares of Alphabet Inc. GOOGL advanced 0.3% following news that Google is partnering with Saudi Aramco for providing cloud services in Saudi Arabia.

  • Intel Corp. INTC shares gained 1.1% after Cloudera Inc. CLDR said that it repurchased all of Intel’s stake in the company for $314 million.


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