Gapping down
In reaction to earnings/guidance:
- FRO -0.7%
Other news:
- FENC -48.2% (expects to receive a Complete Response Letter (CRL) after the PDUFA target action date of November 27, 2021 from the FDA regarding its NDA for PEDMARK)
- VXX -10.1% (trading lower with strength in futures)
- SGTX -5.1% (update on SIG-001 Phase 1/2 study in hemophilia A)
- LOGI -4.1% (stay at home stock showing weakness)
- ZM -1.8% (stay at home stock showing weakness)
- WB -1% (launches global offering of 11 mln shares of ordinary shares)
Analyst comments:
- MRK -1.8% (downgraded to Neutral from Buy at Citigroup)
- PDD -1.8% (downgraded to Neutral from Buy at Citigroup)