Diamonds and Dogs

7/9/21

Stamps.com (STMP) going private. The stock is rocketing 63% after Thoma Bravo agreed to buy the e-commerce shipping provider for $6.6 billion. The transaction is expected to close in the third quarter, subject to customary closing conditions and approval by Stamps.com stockholders.

Pfizer (PFE) looking for a booster. Pfizer is up a percent after indicating they will share data for a third shot of its vaccine in August and likely file for Emergency Use Authorization shortly after. For now, it looks like authorization of the booster will rest on what level of protection the U.S. agencies deem sufficient.

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