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PacWest shares surge after the regional lender says it's reducing its dividend, Catalent tumbles after delaying the release of its earnings report, and Zscaler rises after boosting guidance.
BioNTech's first-quarter revenue falls from a year earlier as demand for Covid-19 vaccines wanes but still tops analysts' estimates.
As the biotech reports first-quarter earnings, the focus will be on Moderna's pipeline of future vaccines and cancer treatments and whether they can fill the hole left by dwindling Covid vaccine sales. .
What to expect from the pharma giant's Q1 earnings report.
The FDA also authorized a second Omicron-targeting booster shot for high-risk groups