By Ben Glickman

 

Pfizer said it would reverse $4.2 billion in revenue after revising its agreement with the U.S. government related to its Covid-19 treatment Paxlovid. The company agreed to take back unused courses for the oral anti-viral pill as it seeks to roll out its commercial version of the drug. Shares fall 3.1% to $31.10 after-hours.

Moderna, which produces Covid-19 vaccines, saw its shares slump after Pfizer warned of lower-than-expected demand for Covid-19 vaccines and treatments. Pfizer slashed its expectations for revenue and adjusted earnings after the market closed on Friday as its Covid-related products saw lagging sales, a warning sign for the results of other vaccine makers. Moderna shares fall 4% to $94.40 after-hours.

Lululemon Athletica's stock will join the S&P 500 effective Oct. 18. The excercise apparel company will replace Activision Blizzard, which was acquired by Microsoft on Friday. Shares rise 4.9% to $396.13 after-hours.

 

Write to Ben Glickman at ben.glickman@wsj.com

(END) Dow Jones Newswires

October 13, 2023 20:02 ET (00:02 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.
Lululemon Athletica (NASDAQ:LULU)
과거 데이터 주식 차트
부터 4월(4) 2024 으로 5월(5) 2024 Lululemon Athletica 차트를 더 보려면 여기를 클릭.
Lululemon Athletica (NASDAQ:LULU)
과거 데이터 주식 차트
부터 5월(5) 2023 으로 5월(5) 2024 Lululemon Athletica 차트를 더 보려면 여기를 클릭.