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AKLI Akili News Story

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U.S. STOCKS ON THE MOVE-Arcutis Biotherapeutics, Akili, Tesla

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Wall Street's main indexes were poised for a sharply lower open on Friday after
a strong jobs report deepened fears that interest rates may stay elevated for an
extended period. .N 
    
    At 9:02 ET, Dow e-minis  1YMc1  were down 0.67% at 33,080. S&P 500 e-minis
 ESc1  were down 0.97% at 4,249, while Nasdaq 100 e-minis  NQc1  were down 1.23%
at 14,679.25.
 
 The top two NYSE percentage gainers premarket  .PRPG.NQ :
 ** Pioneer Natural Resources  PXD.N , up 10.5%
 ** Citizens  CIA.N , up 7.3%
 
 The top three NYSE percentage losers premarket  .PRPL.NQ :
 ** Park Aerospace  PKE.N , down 11.5%
 ** Koninklijke Philips NV  PHG.N , down 10.2%
 ** SmartRent  SMRT.K , down 10.1%
 
 The top Nasdaq percentage loser premarket  .PRPL.O :
 ** OMNIQ  OMQS.O , down 45%
 
 ** Tesla Inc  TSLA.O : down 3.1% premarket
 BUZZ - Falls on price cuts to Model 3, Model Y cars in US  urn:newsml:reuters.com:*:nL4N3BC1OQ 
    
 ** Exxon Mobil Corp  XOM.N : down 3.6% premarket
 BUZZ - Slips amid reports of late-stage talks for $60 bln buyout of
Pioneer urn:newsml:reuters.com:*:nL4N3BC1SN 
    
 ** Apellis Pharmaceuticals Inc  APLS.O : up 2.2% premarket
 BUZZ - Gains as J.P.Morgan upgrades rating on eye drug sales  urn:newsml:reuters.com:*:nL4N3BC21A 
    
 ** G1 Therapeutics Inc  GTHX.O : down 7.9% premarket
 BUZZ - Slips on J.P.Morgan cut to 'underweight'  urn:newsml:reuters.com:*:nL4N3BC26A 
    
 ** WK Kellogg Co  KLG.N : down 2.8% premarket
 BUZZ - Stifel starts WK Kellogg's coverage with 'hold', trims Kellanova's PT
 urn:newsml:reuters.com:*:nL4N3BC26B 
    
 ** Rivian Automotive Inc  RIVN.O : down 4.6% premarket
 BUZZ - Prices $1.5 bln convertible debt deal; shares dip after record plunge
 urn:newsml:reuters.com:*:nL1N3BC0WP 
    
 ** Aehr Test Systems  AEHR.O : down 14.0% premarket
 BUZZ - Slides on disappointing revenue forecast  urn:newsml:reuters.com:*:nL4N3BC26T 
    
 ** ShiftPixy Inc  PIXY.O : down 23.1% premarket
 BUZZ - Tumbles on direct stock deal  urn:newsml:reuters.com:*:nL1N3BC14C 
    
 ** Arcutis Biotherapeutics Inc  ARQT.O : up 3.6% premarket
 BUZZ - Gains as FDA allows expanded use of skin disease drug  urn:newsml:reuters.com:*:nL4N3BC2C5 
    
 ** Akili Inc  AKLI.O : up 5.2% premarket
 BUZZ - Rises as videogame-based therapy maker appoints new CEO  urn:newsml:reuters.com:*:nL4N3BC2DU 

 (Compiled by Rajarshi Roy and Pritam Biswas in Bengaluru)
 ((Pritam.Biswas@thomsonreuters.com))

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