Buckle to pay $2 special dividend, stock rallies

Published: Dec. 8, 2020 at 7:01 a.m. ET

By

Tomi Kilgore

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BKE

+4.29%

SPX

-0.32%

Shares of Buckle Inc. bke rallied 1.6% in premarket trading Tuesday, after the apparel and accessories retailer said it will pay a special cash dividend of $2.00 a share. The dividend will be payable Dec. 29 to shareholders of record on Dec. 21. The company also said it will pay a regular quarterly dividend of 30 cents a share at the same time. The stock has run up 42.9% over the past three months through Monday, while the S&P 500 spx has gained 10.8%.

Moderna's stock rallies after Canada doubles order for COVID-19 vaccine candidate

Shares of Moderna Inc. undefined rallied 1.3% in morning trading Monday, after the biotechnology company said the Canadian government has doubled its order commitment for the company's COVID-19 vaccine candidate. Canada has exercised its option to order an additional 20 million doses of the vaccine candidate, bringing the confirmed order commitment to 40 million doses. Moderna said it remains on track to begin shipping its vaccine candidate, mRNA-1273, this month if regulatory approval to do so is granted. The vaccine supply for Canada will be sourced from Moderna's production capacity in Europe. Moderna has initiated the review process with Health Canada and plans to seek Prequalification and/or Emergency Use Listing (EUL) with the World Health Organization. The stock has more than doubled over the past three months (up 146.8%), while the S&P 500 undefined has gained 7.8%.