U.S. STOCKS ON THE MOVE-Cogent Biosciences, Roblox, U.S. banks, retail stocks

Cadre Holdings

10/06/2022 17:04

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U.S. stock indexes slid on Friday as consumer prices rose more than expected in
May, dashing hopes that inflation is peaking and fanning worries about more
aggressive steps by the Federal Reserve to tame it.  .N 
    
    At 11:49 a.m. ET, the Dow Jones Industrial Average  .DJI  was down 2.43% at
31,488.1. The S&P 500  .SPX  was down 2.76% at 3,906.92 and the Nasdaq Composite
 .IXIC  was down 3.51% at 11,342.152.
 
 The top three S&P 500  .PG.INX  percentage gainers:
 ** Hershey Co  HSY.N , up 1.7 %
 ** J M Smucker Co  SJM.N , up 1.6 %
 ** Newmont Corp  NEM.N , up 1.5 %
 
 The top three S&P 500  .PL.INX  percentage losers:
 ** Illumina Inc  ILMN.O , down 9.4 %
 ** Etsy Inc  ETSY.O , down 8.5 %
 ** Adobe Inc  ADBE.O , down 8.4 %
 
 The top three Nasdaq  .PG.O  percentage gainers:
 ** Cogent Biosciences Inc  COGT.O , up 115.1 %
 ** Redbox Entertainment Inc  RDBX.O , up 31.6 %
 ** The Singing Machine Company Inc  MICS.O , up 21.9 %
 
 The top three Nasdaq  .PL.O  percentage losers:
 ** Fulcrum Therapeutics Inc  FULC.O , down 44.5 %
 ** Caribou Biosciences Inc  CRBU.O , down 31.1 %
 ** DocuSign Inc  DOCU.O , down 24.7 %
 
 
  ** Tesla Inc  TSLA.O : down 4.4%
BUZZ-Barclays cuts Tesla's Q2 production estimate on slower recovery at Shanghai
factory  urn:newsml:reuters.com:*:nL4N2XX1IP
    
 ** Spirit Airlines Inc  SAVE.N : up 2.1%
BUZZ-J.P. Morgan raises Spirit's rating, says more probability for a deal with
JetBlue  urn:newsml:reuters.com:*:nL4N2XX1QV
    
 ** Netflix Inc  NFLX.O : down 4.9%
BUZZ-Falls after Goldman Sachs downgrades to "sell"  urn:newsml:reuters.com:*:nL4N2XX1UD
    
 ** Regis Corp  RGS.N : up 20.4%
BUZZ-Surges on deal with salon technology provider Zenoti  urn:newsml:reuters.com:*:nL4N2XX1XN
    
 ** Cango Inc  CANG.N : down 5.3%
BUZZ-Down on Q1 revenue drop  urn:newsml:reuters.com:*:nL4N2XX1YH
    
 ** Roblox Corp  RBLX.N : down 8.3%
BUZZ-Falls after Goldman cuts to 'sell'  urn:newsml:reuters.com:*:nL4N2XX1ZA
    
 ** DocuSign Inc  DOCU.O : down 24.7%
BUZZ-Slumps after forecast cut, Q1 profit miss  urn:newsml:reuters.com:*:nL4N2XX20C
    
 ** eBay Inc  EBAY.O : down 4.8%
BUZZ-Goldman downgrades eBay to "sell" on revised earnings estimates, shares
fall  urn:newsml:reuters.com:*:nL4N2XX21N
    
 ** UP Fintech Holding Ltd  TIGR.O : down 12.5%
BUZZ-Falls after first quarter loss  urn:newsml:reuters.com:*:nL4N2XX21T

 ** Stitch Fix Inc  SFIX.O : down 14.2%
BUZZ-Down on disappointing forecast, PT cuts  urn:newsml:reuters.com:*:nL4N2XX20R

 ** Caribou Biosciences Inc  CRBU.O : down 31.1%
BUZZ-Slips as cancer therapy data disappoints  urn:newsml:reuters.com:*:nL4N2XX2BC

 ** Cadre Holdings Inc  CDRE.N : down 12.0%
BUZZ-Drops after pricing 4 mln share offering  urn:newsml:reuters.com:*:nL1N2XX0V9

 ** Rent the Runway  Inc  RENT.O : up 7.6%
BUZZ-Rallies as party wear comes back in vogue  urn:newsml:reuters.com:*:nL4N2XX2HJ
    
 ** Cogent Biosciences Inc  COGT.O : up 115.1%
BUZZ-Rises on 'rapid, robust' efficacy of blood disorder drug  urn:newsml:reuters.com:*:nL4N2XX2HP
    
 ** Meta Platforms Inc  META.O : down 4.5%
 ** Alphabet Inc  GOOGL.O : down 3.6%
 ** Amazon.com Inc  AMZN.O : down 6.0%
 ** Apple Inc  AAPL.O : down 3.6%
BUZZ-Big tech, growth stocks slide on hotter-than-expected inflation 
 urn:newsml:reuters.com:*:nL4N2XX2UI
    
 ** JPMorgan Chase & Co  JPM.N : down 4.6%
 ** Goldman Sachs Group Inc  GS.N : down 4.9%
 ** Bank of America Corp  BAC.N : down 4.0%
 ** Wells Fargo & Co  WFC.N : down 5.7%
BUZZ-Big U.S. banks slump as data shows inflation spike in May  urn:newsml:reuters.com:*:nL4N2XX2QH
    
 ** Illumina Inc  ILMN.O : down 9.4%
BUZZ-Falls as CFO departs for Quest Diagnostics  urn:newsml:reuters.com:*:nL4N2XX2I0
    
 ** Costco Wholesale Corp  COST.O : down 1.7%
 ** Lowe's Companies Inc  LOW.N : down 3.6%
 ** Home Depot Inc  HD.N : down 3.2%
 ** Target Corp  TGT.N : down 2.6%
BUZZ-More pain for U.S. retailers as red-hot inflation shows no sign of easing
 urn:newsml:reuters.com:*:nL4N2XX2MG
    
 ** American Express Co  AXP.N : down 3.5%
 ** Visa Inc  V.N : down 3.1%
 ** Mastercard Inc  MA.N : down 3.7%
 ** PayPal Holdings Inc  PYPL.O : down 6.3%
BUZZ-U.S. payment firms drop after inflation climbs in May  urn:newsml:reuters.com:*:nL4N2XX2MC

 ** General Motors Co  GM.N : down 3.6%
 ** Ford Motor Co  F.N : down 4.3%
 ** Stellantis NV  STLA.N : down 5.5%
BUZZ-U.S. automakers fall after May inflation data shows record high gas
prices urn:newsml:reuters.com:*:nL4N2XX2NR
    
 ** American Airlines Group Inc  AAL.O : down 4.3%
 ** Royal Caribbean Cruises Ltd  RCL.N : down 6.2%
 ** Carnival Corp  CCL.N : down 5.1%
 ** Norwegian Cruise Line Holdings Ltd  NCLH.N : down 3.9%
BUZZ-Travel stocks slump on hotter-than-expected U.S. inflation data
 urn:newsml:reuters.com:*:nL4N2XX2N2
    
 ** Nvidia Corp  NVDA.O : down 5.8%
 ** Intel Corp  INTC.O : down 1.8%
 ** Qualcomm Inc  QCOM.O : down 2.8%
 ** Advanced Micro Devices Inc  AMD.O : down 3.6%
BUZZ-Chip stocks fall on worries of more rate hikes as inflation remains
high urn:newsml:reuters.com:*:nL4N2XX2OW
    
 ** McDonald's Corp  MCD.N : down 1.7%
 ** Starbucks Corp  SBUX.O : down 3.4%
 ** Wendy's Co  WEN.O : down 3.4%
 ** Domino's Pizza Inc  DPZ.N : down 2.0%
BUZZ-Restaurant stocks dip on higher-than-expected U.S. inflation data
 urn:newsml:reuters.com:*:nL4N2XX2P4

 ** Gold Fields Ltd  GFI.N : up 6.3%
BUZZ-Gains after top investor calls Yamana buyout 'serious error'  urn:newsml:reuters.com:*:nL4N2XX2Q1
    
 ** Chevron Corp  CVX.N : down 1.4%
 ** ExxonMobil Corp  XOM.N : down 1.6%
 ** Occidental Petroleum Corp  OXY.N : down 1.8%
 ** Devon Energy Corp  DVN.N : down 3.6%
BUZZ-Energy firms drop as oil dips on fresh China lockdowns  urn:newsml:reuters.com:*:nL4N2XX2NJ
    
 ** News Corp  NWSA.O : down 2.6%
 ** New York Times Co  NYT.N : down 2.5%
BUZZ-Publishers slide as report says Facebook rethinking news deals  urn:newsml:reuters.com:*:nL4N2XX2PH
    
 ** AltAir Engineering Inc  ALTR.O : down 5.6%
BUZZ-Drops, prices $200 mln convertible debt deal  urn:newsml:reuters.com:*:nL1N2XX1JL
    
 ** Alcoa Corp  AA.N : down 5.1%
 ** Century Aluminum Co  CENX.O : down 3.3%
 ** Vale SA  VALE.N : down 2.5%
 ** Albemarle Corp  ALB.N : down 1.3%
BUZZ-Metal miners dip on lower China demand, red-hot inflation  urn:newsml:reuters.com:*:nL4N2XX2SK
    
 ** Blueprint Medicines Corp  BPMC.O : down 15.5%
BUZZ-Hits over 2-yr low on positive rival drug data  urn:newsml:reuters.com:*:nL4N2XX2WT
 The 11 major S&P 500 sectors:
 
 Communication Services   .SPLRCL   down 2.92%
 Consumer Discretionary   .SPLRCD   down 4.32%
 Consumer Staples         .SPLRCS   down 0.36%
 Energy                   .SPNY     down 1.92%
 Financial                .SPSY     down 3.47%
 Health                   .SPXHC    down 1.33%
 Industrial               .SPLRCI   down 2.80%
 Information Technology   .SPLRCT   down 3.61%
 Materials                .SPLRCM   down 2.88%
 Real Estate              .SPLRCR   down 1.48%
 Utilities                .SPLRCU   down 0.57%
 
 (Compiled by Rajarshi Roy and Deborah Sophia in Bengaluru)
 ((DeborahMary.Sophia@thomsonreuters.com))