Pfizer, Nikola, Carnival, FuboTV & extra

USA CEO and Founder Nikola Trevor Milton

Massimo Pinca | Reuters

Check out the companies that are making the headlines in midday trading.

Carnival, Norwegian Cruise Line, Royal Caribbean – Travel stocks rebounded from heavy losses earlier this week amid fears over the new strain of Covid in the UK. Carnival and Norwegian Cruise Line each gained more than 6%, while Royal Caribbean rose 3.5%. MGM Resorts rose 3% and Las Vegas Sands and Wynn Resorts rose 1.7% and 2.8%, respectively.

Pfizer – Pfizer’s shares rose 2% after the drug maker announced it would supply the US with 100 million additional doses of its Covid-19 vaccine by July. The agreement brings the total number of doses to be shipped in the US to 200 million, enabling 100 million full vaccinations. The U.S. government will pay $ 1.95 billion for the additional doses, bringing the total paid to Pfizer to nearly $ 4 billion.

Nikola – The shares of Nikola Corp. fell nearly 10% after the company announced it had ended its partnership with Republic Services to jointly develop electric garbage trucks. The company’s shares were up 22% to $ 44.81 per share in August when Nikola announced the deal for thousands of trucks. it’s now worth about a third of that value around $ 15.33.

FuboTV – FuboTV’s shares are down more than 8% after a sharp surge in shares recently. The company posted its fifth consecutive double-digit percentage increase on Tuesday. FuboTV was also downgraded by BMO Capital Markets to outperform the outperformance following its recent rally.

Palantir Technologies – Shares in Palantir Technologies rose 2% after the data company signed a new two-year deal with the UK’s National Health Service. The deal is valued at approximately $ 31.5 million.

Chevron, Exxon, Diamondback Energy – Energy stocks rose as investors moved into cyclical sectors and oil futures rose. Oil giants Chevron and Exxon gained more than 2%. Diamondback Energy shares, which announced two acquisitions this week, rose more than 8%.

– CNBC’s Thomas Franck, Maggie Fitzgerald and Jesse Pound contributed to the coverage.

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