Abbvie Inc
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Health Care : Biotechnology | Large Cap Value
Company profile

AbbVie Inc. (AbbVie) is a research-based biopharmaceutical company. The Company is engaged in the discovery, development, manufacture and sale of a range of pharmaceutical products. Its products are focused on treating conditions, such as chronic autoimmune diseases in rheumatology, gastroenterology and dermatology; oncology, including blood cancers; virology, including hepatitis C virus (HCV) and human immunodeficiency virus (HIV); neurological disorders, such as Parkinson's disease and multiple sclerosis; metabolic diseases, including thyroid disease and complications associated with cystic fibrosis, and other serious health conditions. It offers products in various categories, including HUMIRA (adalimumab), Oncology products, Virology Products, Additional Virology products, Metabolics/Hormones products, Endocrinology products and other products, which include Duopa and Duodopa (carbidopa and levodopa), Anesthesia products and ZINBRYTA (daclizumab).

Closing Price
Day's Change
-0.82 (-0.71%)
B/A Size
Day's High
Day's Low

10-day average volume:

Clean Energy Fuels stock soars after supply, equity investment agreements with Amazon

9:32 am ET April 19, 2021 (MarketWatch)

Shares of Clean Energy Fuels Corp. (CLNE) shot up 24.9% in active morning trading Monday, after the provider of environmentally friendly fuel for the transportation industry announced a fuel supply agreement with Inc. (AMZN), which includes an equity investment. Trading volume spiked up to 7.3 million shares, compared with the full-day average of about 5.3 million shares. The company said it has signed an agreement with Amazon to provide low and negative carbon renewable natural gas, as 27 of its existing fueling stations and another 19 new or upgraded stations. Separately, Clean Energy has issued to Amazon warrants to buy up to 53.14 million shares of common stock, with the first tranche of 13.28 million warrant shares vested in connection with the fuel supply agreement. Subsequent tranches will vest, based on fuel purchases reaching up to $500 million. The vested warrants may be exercised at any time before April 16, 2031 at an exercise price of $13.49, which is 21.1% above Friday's closing price of $11.14. Clean Energy's stock has run up 77.0% year to date, while the S&P 500 has gained 11.3%.

-Tomi Kilgore; 415-439-6400;


(END) Dow Jones Newswires

April 19, 2021 09:32 ET (13:32 GMT)

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