Netflix, Brinker, And Novavax Are Making Headlines

Netflix, Brinker, And Novavax Are Making Headlines

Robotic surgery company Intuitive Surgical (ISRG) also squeezed in an earnings announcement just before the close. The company beat earnings and revenue leading to a 1. 1% rally after the report. Wednesday's premarket began with Verizon (VZ) beating earnings estimates but missing on revenue. The company also increased its forward guidance. However, the stock was little changed in premarket trading. On the positive side, medical device company Abbot Labs (ABT) traded 2. 7% higher in premarket trading after reporting big profits on higher sales. To top off the positive earnings announcement, the company increased its full-year earnings outlook. Also, in health care, biotech stock Biogen (BIIB) reported strong earnings thanks to its new Alzheimer's drug. Biogen is also partnering with Sage Therapeutics (SAGE) on an experimental depression drug they plan to submit to the FDA in the second half of 2022. Not all health care stocks are having a positive morning, Novavax (NVAX) fell 22% in premarket trading on a news story from Politico that the company is struggling to manufacture its vaccine in a way that meets regulators' quality standards. The issues are expected to delay the company and keep it from hitting key delivery targets. Another negative theme