The deal gives Sony a 1.4% stake in Epic Games
Sony and Epic Games announced a new investment deal on Thursday. The deal gives Sony a 1.4% stake in Epic Games and values Epic Games at $17.86 billion. The two companies plan to create more Fortnite-like games. Click here to read more.
Moderna (NASDAQ: MRNA) stocks gained +5.51% at the close of Thursday’s trading session. The company is developing vaccines for Coronavirus and will start advanced phase 3 trials by the end of July. Click here to read more.
Walgreens posted a net loss of $1.7 billion in its fiscal third-quarter results. The company’s revenue took a beating, particularly in the UK, due to the pandemic. Shares were down 9% yesterday. Click here to read more.
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