Company News for Dec 28, 2021



  • Shares of GoDaddy Inc.

    GDDY

    jumped 8.4% on reports that hedge fund Starboard Value LP has acquired a 6.5% stake in the company.



  • BridgeBio Pharma, Inc.’s

    BBIO

    shares plummeted 72% after the company said that its Phase 3 trial of an important drug failed to meet results.



  • Shares of United Airlines Holdings, Inc.

    UAL

    declined 0.7% after hundreds of its flights had to be cancelled over the weekend due to staffing issue owing to surge in fresh COVID-19 cases.



  • Microbot Medical Inc.’s

    MBOT

    shares surged 65.1% after the medical device maker said that it has entered into an agreement with Stryker Corporation

    SYK

    to develop the first-of-its-kind robotic procedural kits that would be used in certain neurovascular procedures.


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