Warner Bros Just Killed Cinemas
Warner Bros sent cinema stocks crashing and Boeing gets a lift and Pfizer has supply chain issues.
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AT&T's Warner Bros is the second-largest movie studio in the world and it is about to change the way we watch movies. The studio announced on Thursday that it will stream it's entire 2021 movie lineup on HBO Max at the same time they hit the cinemas. This big move made cinema giants AMC and Cinemark plunge more than 15%. Click here to read more
Pfizer cannot supply as much they thought
Pfizer (NYSE: PFE) has a vaccine but cannot seem to get around supply challenges. Pfizer announced on Thursday that it plans to ship 50 million vaccines by the end of the year instead of the 100 million it earlier announced. Shares of Pfizer fell by 1% after the announcement. Click here to read more
Ryanair gives Boeing a lift
Ryanair (NASDAQ: RYAAY) is ordering 75 Boeing 737 Max planes. This is Boeing's (NYSE: BA) first new Max order since the FAA approved the plane could return to commercial service on 18th of November 2020. Boeing is up more than 5%. Click here to read more
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