Sam is a professional trader and the lead stock market news writer at AskTraders. After starting his career in the forex market, Sam now focuses on gold and stocks with a preference for fundamental and macroeconomic analysis.
Boeing had its wors year for net aircraft sales in 2020 as the coronavirus pandemic had a significant impact on the company.
Biomerica, Inc. (Nasdaq: BMRA), today announced it has received CE Mark for its new COVID-19 Rapid Antigen Test for detection of COVID-19 infection. The company has already received its first European orders and plans to ship the first part of these orders in the coming weeks. It will now begin marketing this product broadly in Europe and other regions outside of the US.
A CE marking os an administrative mark that indicates conformity with health, safety, and environmental protection standards for products sold within the European Economic Area.
Biomerica shares are trading 25% higher at $6.46.
Shares of Amigo Holdings PLC (LON: AMGO) have been trading sideways since December after the sub-prime lender stopped all new lending in November promising to restart lending in early 2021, but is yet to announce when this will happen.
fuboTV Inc. (NYSE: FUBO), the sports-first live TV streaming platform, announced today it has executed a binding letter of intent to acquire sports betting and interactive gaming company Vigtory, and expects to launch a sportsbook before the end of the year.
FuboTV shares are trading 15% higher at the $31.27 mark.
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Alibaba backed electric vehicle manufacturer Xpeng Inc (NASDAQ: XPEV) shares are up 3.47% premarket at $45.90 after the company announced it has secured a credit line of 12.8 billion yuan or $1.98 billion from major Chinese financial institutions, including three state-owned banks: Bank of China, China Construction Bank and Agricultural Bank of China.
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Volkswagen’s December brand deliveries are up 19.5% in Western Europe, up 14.7% in North America, and down 9.5% in China
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