Stocks to Watch: Wynn Resorts, Estrella Immunopharma, Amazon.com
By Connor Hart
Wynn Resorts' shares received a boost after Morgan Stanley raised its recommendation on the stock, shortly after China's central bank announced a stimulus package. The company, with a large presence in the competitive Chinese market of Macau, should benefit from its continued investments and high-end brand, Morgan Stanley analyst Stephen Grambling said in a research note. Shares edge higher in after-hours trading after ending Friday's regular session up 7.2%, to $97.62.
Estrella Immunopharma said the first patient in a clinical trial had a complete response to a T-cell therapy for lymphoma. The biopharmaceutical company said the patient, diagnosed with follicular lymphoma, received an infusion of its EB103 CD19-Redirected Artemis T cells after relapsing three times following prior treatments. "We are cautiously optimistic about these early results," it said. Shares edge lower in postmarket trading after ending Friday's regular session up 22% to $1.19.
Amazon.com will start stockpiling opioid overdose medication across its warehouse network, The Wall Street Journal reported. The move makes the retailer one of the largest U.S. employers to respond to government pressure to make life saving drugs available in the workplace. It plans to equip its North American facilities with the overdose reversal medication naloxone, sometimes known by the brand name Narcan.
Write to Connor Hart at connor.hart@wsj.com
(END) Dow Jones Newswires
September 27, 2024 18:58 ET (22:58 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.-
What’s the Difference Between the CPI and PCE Indexes?
-
Micron Earnings: Great Guidance but Stock Now Looks Fairly Valued
-
August PCE Report Forecasts Show More Good News on Inflation
-
AI Stocks May Be Down, but Don’t Count Them Out
-
4 Stocks to Buy as the Fed Cuts Interest Rates
-
Markets Brief: The Uncertain Path to Neutral Interest Rates
-
What’s Happening in the Markets This Week
-
Where Top Stock Fund Managers Are Looking Next After the Fed Rate Cut
-
Our Top Pick for Investing in US Renewable Energy
-
How to Measure a Stock’s Uncertainty
-
How to Determine Whether a Stock Is Cheap, Expensive, or Fairly Valued
-
Why a Company’s Management and Capital Allocation Matter
-
How to Determine What a Stock Is Worth
-
How to Measure a Company’s Competitive Advantage
-
How to Think Like a Stock Analyst
-
How GLP-1 Drugs Like Ozempic Are Boosting Biopharma Stocks