Gapping down
News:
- GFI -11.3% (Yamana Gold to be acquired by Gold Fields (GFI) for $6.7 bln)
- CS -4.6% (mulling options to increase capital, according to Reuters report)
- SNY -4% (reports FDA placed Cialis Rx-to-OTC switch on clinical hold)
- TGTX -3.3% (FDA has extended the Prescription Drug User Fee Act goal date to December 28, 2022)
- OR -3.2% (signs binding agreement with respect to the previously announced metals stream on the Trixie Mine)
- AVID -2.5% (elects John P. Wallace as Board Chair)
- TAK -1.2% (Moderna and Takeda (TAK) announce plans to transfer Marketing Authorization for Spikevax COVID-19 vaccine in Japan to Moderna) .
Analyst comments:
- PUBM -2.9% (downgraded to Hold from Buy at Jefferies)
- NTCT -2.7% (downgraded to Underweight from Neutral at Piper Sandler)
- NWE -1% (downgraded to Underperform from Neutral at BofA Securities)