AstraZeneca Stock Up On Strong Q1 Results, Outlook

Shares of AstraZeneca Plc were gaining around 6 percent in London as well as on Nasdaq after the British drug major reported Friday that its first-quarter profit doubled from last year with strong growth in revenues. Revenues from COVID-19 vaccine sales were $275 million, mainly from Europe. The company also reiterated its fiscal 2021 guidance.