DocuSign Shares Gain Before 4Q Earnings and Novavax Shares Jump After Positive Vaccine News ๐Ÿ“ˆ

Table of Contents

DocuSign Shares Gain Before 4Q Earnings and Novavax Shares Jump After Positive Vaccine News

DocuSign

On Wednesday, shares of DocuSign closed up 5.90% before falling in after-hours trading.

DocuSignโ€™s platform allows users to sign and agree to documents quickly electronically. Shares of the company dipped in after-hours trading after it reported fourth-quarter earnings.

DocuSign reported a fourth-quarter net loss of $72.4 million or $0.38 a share, whereas it posted a net loss of $47.4 million, or $0.26 a share, a year earlier. After adjusting for expenses, the company earned $0.37 a share vs $0.22 a share as expected by analysts.

Reported revenue for the quarter was $410 million vs $408 million as expected by analysts.

Shares of DocuSign are down over 12% in the past month.

Novavax

On Thursday, shares of Novavax closed up 8.77% before skyrocketing in after-hours trading.

Shares of the American vaccine development company closed higher after the company announced that their COVID-19 vaccine was 96% effective in preventing cases caused by the original virus variant.

The vaccine was also roughly 86% effective in preventing cases caused by the new, more contagious variant of the virus first found in the United Kingdom.

Novavax’s positive vaccine news draws its vaccine closer to regulatory approval.

Shares of Novavax are up over 60% in the past three months.ย 

I am not a financial advisor and my comments should never be taken as financial advice.ย Investments come with risk, so always do your research and analysis beforehand.

Share:
More Posts
Get your daily Invstr Crunch

Get the market news and updates you need, delivered to your inbox or available on our daily podcast.

Risk Disclosure:

Invstr is not a bank and banking services are provided by Vast Bank, N.A.

Brokerage and Banking services are currently only available to U.S. residents.

Invstr app and web services are provided by Invstr Ltd. Advisory services are provided by Invstr Financial LLC, an investment adviser registered with the Securities Exchange Commission (SEC) details of which can be obtained here. Securities brokerage and custody services are provided by Apex Clearing, a broker dealer registered with the SEC and a member of FINRA and SIPC. There is no bank guarantee on securities and securities may lose value.

Investing involves risk and can lead to losses. Past performance does not guarantee future results.

Invstr app and web services are provided by Invstr Ltd. Invstr+ advisory services are provided by Invstr Financial LLC, an investment adviser registered with the Securities Exchange Commission (SEC). Securities brokerage and custody services are provided by Apex Clearing, a broker dealer registered with the SEC and a member of FINRA and SIPC. There is no bank guarantee on securities and securities may lose value. Vast Bank N.A. a nationally chartered bank and member of the FDIC, provides the banking products, including the products and services related to digital asset accounts. As with any asset, the value of Digital assets can go up or down and there can be a substantial risk that you lose money buying or holding digital assets. You should carefully consider whether trading or holding Digital assets is suitable for you in light of your financial condition. Your digital account does not support wallet to wallet transferring of your digital assets (i.e. cryptocurrencies) outside the platform. Any Digital Assets in your digital asset account are not insured by any government entities, including but not limited to FDIC or SIPC. The Invstr Visaยฎ Debit Card is issued by Vast Bank, N.A. pursuant to a license from Visa U.S.A Inc and may be used everywhere Visa debit cards are accepted. Invstr Ltd, Invstr Financial LLC and Invstr Securities Ltd are subsidiaries of Marketspringpad Holdings (collectively “Invstr”) and Invstr is solely responsible for the application services and website content.

Watchlists provided when users first access the service are not a recommendation to invest. Instead they are provided to help users better navigate the service. Users are free to edit and create their own watchlists. From time to time, Invstr will suggest instruments solely based on an individual’s interest and the interest levels of the Invstr community. The statistical and portfolio builder models generated by Invstr do not reflect actual investment results and are not guarantees of future results. Comments provided by Invstr leaders, influencers or members of the Invstr Community are not recommendations and should not be construed as such. Invstr does not endorse the content or the positions posted by them. Their investment approach, and that of the models provided by Invstr, may be different from yours and may not be appropriate for you.