Stock market news

Nebius Group

In Yandex.Maps there is an option to pay for parking in Moscow. Now drivers do not have to switch between applications or pay by sms. Later the option will be added to Navigator. Payment is available in city parking lots, except those closed by barriers.

Magnitogorsk Iron and Steel Works

MMK is actively engaged in substitution of foreign-made steel, which Kamaz can no longer import. Last year the company mastered three new grades of steel, and now it is mastering another one. MMK supplies the automaker with longitudinal member steel and metal for making truck cabs. Last year, 628.8 thousand tons of steel products were shipped to the automoti...

VK

VK is in talks with the government of the Kaliningrad Region about redomiciliation from the British Virgin Islands to the special administrative region of Oktyabrsky Island, sources told Vedomosti. A VK representative declined to comment.

Sarepta Therapeutics

Sarepta Therapeutics' GAAP loss for 2022 was $703.49 million, up 68% from $418.78 million in the previous year. Revenue increased 32.9% to $933 million from $701.89 million a year earlier.

Allogene Therapeutics

Allogene Therapeutics' GAAP loss for 2022 was $332.63 million, up 29.4% from $257 million the previous year. Revenues were down multiple times, at $0.243 million, compared to $38.489 million a year earlier.

Virgin Galactic Holdings

Virgin Galactic's GAAP loss for 2022 was $500.15 million , up 41.7% from $352.9 million the previous year. Revenue fell 29.8% to $2,312 million from $3,292 million a year earlier.

HP

HP's GAAP net income for 3 months of fiscal 2023 was $0.487 billion, down 2.2 times from $1.086 billion in the previous year. Revenue declined 18.8% to $13.828 billion from $17.028 billion a year earlier.

First Solar

First Solar's GAAP loss for 2022 was $44.166 million, down from $468.69 million the year before. Revenue declined 10.4% to $2.619 billion from $2.923 billion a year earlier.

Coupa Software

Investment firm Thoma Bravo bought business spend management platform developer Coupa Software. Company was valued at $8 billion, or $81 per share.

Big Lots

The Big Lots Board of Directors announced a quarterly dividend of $0.3 per share. The last day to buy securities to receive the dividend is March 15, 2023. The annual dividend yield may reach 6.47%.