Company News For Jun 19, 2018
Zacks Investment Research | Jun 18, 2018 09:19PM ET
- JD.com, Inc.’s (NASDAQ:JD) shares increased 0.4% on news that Alphabet, Inc. (NASDAQ:GOOGL) was making an investment of $550 million in the Chinese e-commerce giant.
- Shares of Valeant Pharmaceuticals International, Inc. (NYSE:VRX) declined 12.3% after one of its lotions intended to treat plaque psoriasis failed to earn approval from the Food and Drug Administration.
- Solid Biosciences Inc.’s (NASDAQ:SLDB) shares jumped 10.9% after the company announced that the Food and Drug Administration had lifted the clinical hold on its treatment for Duchenne muscular dystrophy
- Shares of Tesla, Inc. (NASDAQ:TSLA) rose 3.5% after its CEO Elon Mask unveiled the company’s new production line in a tweet over the weekend
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