NKLA - Hot Stocks: MRNA NKLA LYV rally on quarterly results; BIRD rebounds from early slide
While headlines out of Ukraine continue to dominate Wall Street, earnings news provided a catalyst for a large number of single-stock moves in Thursday's midday trading. Moderna (NASDAQ:MRNA) and Nikola (NASDAQ:NKLA) both rallied on earnings reports and product updates. Live Nation (NYSE:LYV) also showed an advance during intraday action, boosted by a strong Q4 showing. Meanwhile, Allbirds (NASDAQ:BIRD) posted an early slide following its quarterly report but had recovered most of its losses by the middle of the day. Gainers Moderna (MRNA) showed substantial strength in midday trading following the release of quarterly results and the announcement of a new COVID booster candidate. Shares jumped more than 12% on the news. The company revealed a new booster candidate that combines an Omicron-specific vaccine with the firm's standard COVID shot. Meanwhile, MRNA also announced better-than-expected Q4 results, including revenue that jumped to $7.2B on strong sales of the vaccine. The firm also
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Hot Stocks: MRNA, NKLA, LYV rally on quarterly results; BIRD rebounds from early slide