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Tuesday, October 26, 2021

Lululemon, Moderna Rise; Comtech, Newmont Fall

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NEW YORK: Shares that traded closely or had substantial worth adjustments Tuesday:

Lululemon Athletica Inc., up $4.55 to $397.12.

The athletic attire maker’s board of administrators boosted its inventory buyback plan by $500 million.

Ocugen Inc., up 18 cents to $6.93.

The biopharmaceutical firm signed a co-development cope with Bharat Biotech for the COVID-19 vaccine Covaxin.

Moderna Inc., up $6.27 to $332.11.

European regulators accepted a booster shot of the drug developer’s COVID-19 vaccine for severely immunocompromised people.

Comtech Telecommunications Corp., down $2.75 to $22.63.

The communications firm reported weak fiscal fourth-quarter income.

Newmont Corp., down 84 cents to $53.83.

Gold costs edged decrease and weighed on the gold producer.

Citigroup Inc., up $1.24 to $72.53.

Banks gained floor as bond yields rose, which helps them cost extra profitable curiosity on loans.

Chevron Corp., up $1.14 to $105.86.

Power costs continued rising and helped ship power shares increased.

Chipotle Mexican Grill Inc., up $25.35 to $1,830.12.

A report confirmed that the U.S. companies sector grew at a quicker tempo in September than economists anticipated.

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