Novavax, GoodRx, Allbirds and more

Novavax, GoodRx, Allbirds and more

Take a look at some of the biggest pre-market movers: Novavax (NVAX) – The drugmaker’s stock fell 32.3% in premarket after posting an unexpected quarterly loss and halving its full-year revenue forecast. Novavax said it did not expect further U.S. sales of its Covid-19 vaccine this year amid weak demand and a glut of supply. … Read more

Berkshire CEO-elect Abel is selling his stake in the energy company he ran for $870 million

Berkshire CEO-elect Abel is selling his stake in the energy company he ran for 0 million

Greg Abel at the Berkshire Hathaway Annual Reunion in Los Angeles, CA. May 1, 2021. Gerard Miller | CNBC Berkshire Hathaway said on Saturday that Vice Chairman Greg Abel, who is next 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 Q2 2022 Results

Berkshire Hathaway BRK Q2 2022 Results

An Andy Warhol-like print of Berkshire Hathaway CEO Warren Buffett hangs outside a clothing stall at Berkshire Hathaway Inc’s first in-person annual meeting since 2019 in Omaha, Nebraska, USA, April 30, 2022. scott morgan | Reuters Berkshire Hathaway’s operating profits jumped in the second quarter despite fears of slowing growth, but Warren Buffett’s conglomerate has … Read more