By Katherine Hamilton
Moderna agreed to pay at least $950 million to settle patent-infringement litigation with Arbutus Biopharma and Genevant Sciences. Moderna's stock rose 8.7% to $54.15, while Arbutus shares fell 11% to $4.17.
Ross Stores had higher sales in the fourth quarter thanks to a growing shopping cohort. The stock rose 6% to $209.85 after hours.
Latham acquired Freedom Pools. Shares gained 19% to $7.68.
Webtoon Entertainment posted lower sales and expects revenue to come in below expectations in the current quarter. The stock shed 14% to $9.88.
Write to Katherine Hamilton at katherine.hamilton@wsj.com
(END) Dow Jones Newswires
March 03, 2026 18:44 ET (23:44 GMT)
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