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Home›Steel Fabrication›Gulf Island Fabrication, (GIFI) gains 0.25% in Active Trading on November 4

Gulf Island Fabrication, (GIFI) gains 0.25% in Active Trading on November 4

By Teresa B. Jackson
November 5, 2021
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GIFI – Market data and news


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Shares of Gulf Island Fabrication, Inc. (NASDAQ: GIFI) gained 0.25%, or $ 0.01 per share, to close Thursday at $ 3.96. After opening the day at $ 3.96, shares of Gulf Island Manufacturing have fluctuated between $ 3.99 and $ 3.85. 35,480 shares traded in the hands, an increase from their 30-day average of 31,226. Thursday’s activity brought the market cap of Gulf Island Manufacturing to $ 61,519,491.

About Gulf Island Fabrication, Inc.

Gulf Island is a leading manufacturer of complex steel structures, modules and ships, and a provider of project management, connection, commissioning, repair, maintenance and civil construction services. The Company’s customers include US and international power producers; refining, petrochemical, LNG, industry, electricity and marine operators; EPC companies; and some US government agencies. The Company operates and manages its business through two operating divisions: Manufacturing and Services and Shipyard, with its head office located in Houston, Texas, and operating facilities located at Houma, Jennings and Lake Charles , Louisiana.

Visit the Gulf Island Fabrication, Inc. profile for more information.

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Moderna cuts its COVID-19 vaccine sales forecast

Moderna Inc (MRNA) on Thursday slashed the 2021 sales forecast for its COVID-19 vaccine by $ 5 billion as it struggles to fill vials and distribute them around the world, lowering its shares by nearly 15% before the opening bell.

Moderna executives said production challenges now lie in bottling doses, also known as fill and finish, and ramping up infrastructure to deliver them internationally, rather than producing raw materials. raw.

[More]


Workers in companies with 100 or more people should be vaccinated before January 4 or be tested weekly

Tens of millions of Americans who work in companies with 100 or more employees will need to be fully vaccinated against COVID-19 by January 4 or be tested weekly for the virus under government rules released Thursday.

The new requirements are the Biden administration’s boldest move yet to persuade reluctant Americans to finally get a vaccine that has been widely available for months – or face financial consequences. If successful, administration officials believe it will go a long way in ending a pandemic that has killed more than 750,000 Americans.

[More]


Amazon now owns 20% of electric truck maker Rivian

Amazon.com Inc (AMZN), one of Rivian Automotive Inc’s top funders, now owns about a fifth of the electric truck startup, the e-commerce giant revealed in a quarterly filing with the Securities and Exchange US Commission (SEC).

As of September 30, Amazon had a 20% stake that had a book value of $ 3.8 billion, up from $ 2.7 billion at the end of 2020, according to the company’s latest Form 10-Q.

[More]


About the Nasdaq Stock Market

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To get more information about Gulf Island Fabrication, Inc. and keep up with the latest company updates, you can visit the Company Profile page here: Gulf Island Fabrication, Inc. Profile For More information on financial markets, be sure to visit Equities News. Also, don’t forget to sign up for the Daily Fix to get the best stories delivered to your inbox 5 days a week.

Sources: The chart is provided by TradingView based on 15 minute lag prices. All other data is provided by IEX Cloud as of 8:05 p.m. ET on the day of publication.

DISCLOSURE:
The views and opinions expressed in this article are those of the authors and do not represent the views of equities.com. Readers should not take the author’s statements as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please visit: http://www.equities.com/disclaimer


Workers in companies with 100 or more people should be vaccinated before January 4 or be tested weekly


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Amazon now owns 20% of electric truck maker Rivian

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