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IKT Inhibikase Therapeutics News Story

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U.S. STOCKS ON THE MOVE-Block Inc, Fennec, Inhibikase Therapeutics

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Wall Street's main indexes dropped on Wednesday, with the Nasdaq down 2% as
Microsoft's outlook weighed down technology stocks, while a bleak quarterly
report from Boeing added to fears of a recession. .N 
    At 10:53 A.M. ET, the Dow Jones Industrial Average  .DJI  was down 1.28% at
33,301.58. The S&P 500  .SPX  was down 1.54% at 3,955.11 and the Nasdaq
Composite  .IXIC  was down 2.10% at 11,095.945.
 
 The top two S&P 500  .PG.INX  percentage gainers:
 ** News Corp  NWSA.O , up 8.2%
 ** At&T Inc  T.N , up 5.8%
 
 The top three S&P 500  .PL.INX  percentage losers:
 ** Nasdaq Inc  NDAQ.O , down 9.5%
 ** NextEra Energy Inc  NEE.N , down 9%
 ** Enphase Enrgy Inc  ENPH.O , down 7.9%
 
 The top two NYSE  .PG.N  percentage gainers:
 ** Stride Inc  LRN.N , up 25.5%
 ** GasLog Partners LP  GLOP.N , up 14.8%
 
 The top three NYSE  .PL.N  percentage losers:
 ** FREYR Battery SA  FREY.N , down 13.9%
 ** Sunnova Energy International Inc  NOVA.N , down 12.3%
 ** enCore Energy Corp  EU.N , down 11.1%
 
 The top two Nasdaq  .PG.O  percentage gainers:
 ** Sonoma Pharmaceuticals Inc  SNOA.O , up 70.8%
 ** eHealth Inc  EHTH.O , up 37.2%
 
 The top two Nasdaq  .PL.O  percentage losers:
 ** Grom Social Enterprises Inc  GROM.O , down 30.9%
 ** Extreme Networks Inc  EXTR.O , down 21.2%
 
 
 ** Microsoft Corp  MSFT.O : down 3.4%
 BUZZ - Slips on disappointing Q3 cloud revenue outlook  urn:newsml:reuters.com:*:nL4N34A6HP 
 ** Boeing Co  BA.N : down 4.0%
 BUZZ - Moves lower after missing Q4 revenue estimates  urn:newsml:reuters.com:*:nL4N34A72D 
 ** eHealth Inc  EHTH.O : up 37.2%
 BUZZ - Rises after forecasting revenue above guidance  urn:newsml:reuters.com:*:nL4N34A6KC
 ** News Corp  NWSA.O : up 8.2%
 BUZZ - Rises as Rupert Murdoch scraps merger plans with Fox Corp  urn:newsml:reuters.com:*:nL4N34A6QT 
 
 ** Intuitive Surgical Inc  ISRG.O : down 7.2%
 BUZZ - Drops on Q4 profit miss, delay over new robot  urn:newsml:reuters.com:*:nL4N34A6S5 
 ** Canada Goose Holdings Inc  GOOS.N : down 0.4%
 ** VF Corp  VFC.N : down 4.2%
 BUZZ - Falls after brokerages cut stock rating, price target  urn:newsml:reuters.com:*:nL4N34A7K3 
 ** AT&T Inc  T.N : up 5.8%
 BUZZ - Gains as quarterly profit, subscriber additions beat estimates
 urn:newsml:reuters.com:*:nL4N34A6OR
 ** Precigen Inc  PGEN.O : down 27.6%
 BUZZ - Tumbles on pricing $75 mln stock offering  urn:newsml:reuters.com:*:nL1N34A0PM 
 ** Sunpower Corp  SPWR.O : down 5.5%
 ** Sunrun Inc  RUN.O : down 13.6%
 BUZZ - Barclays downgrades Sunpower, Sunrun on prospects of slowing demand
 urn:newsml:reuters.com:*:nL4N34A6RN 
 ** Canoo Inc  GOEV.O : up 8.5%
 BUZZ - Up on EV partnership with Saudi's GCC Olayan  urn:newsml:reuters.com:*:nL4N34A70C 
 ** Salesforce Inc  CRM.N : down 2.0%
 ** Oracle Corp  ORCL.N : down 1.4%
 ** ServiceNow Inc  NOW.N : down 1.8%
 BUZZ - Other cloud-based stocks fall on Microsoft's weak outlook  urn:newsml:reuters.com:*:nL4N34A6OQ 
 ** Nasdaq Inc  NDAQ.O : down 9.5%
 BUZZ - Drops on Q4 profit miss  urn:newsml:reuters.com:*:nL4N34A744 
 ** Kimberly-Clark Corp  KMB.N : down 3.2%
 BUZZ - Down 4% on bleak 2023 forecast  urn:newsml:reuters.com:*:nL4N34A76I 
 ** Texas Instruments Inc  TXN.O : down 2.2%
 BUZZ - Falls after weak forecast  urn:newsml:reuters.com:*:nL4N34A752 
 ** RPC Inc  RES.N : up 7.9%
 BUZZ - Gains on Q4 earnings beat  urn:newsml:reuters.com:*:nL4N34A75J 
 ** Cidara Therapeutics Inc  CDTX.O : up 7.7%
 BUZZ - Rises on FDA panel's favorable vote to co's antifungal drug  urn:newsml:reuters.com:*:nL4N34A797
 ** NextEra Energy Inc  NEE.N : down 9.0%
 BUZZ - Falls after missing Q4 revenue estimates  urn:newsml:reuters.com:*:nL4N34A7A7 
 ** Gulfport Energy Corp  GPOR.N : down 2.2%
 BUZZ - J.P. Morgan cuts Gulfport PT on pricing headwinds, CEO change
 urn:newsml:reuters.com:*:nL4N34A7AJ 
 ** Elevance Health Inc  ELV.N : up 1.3%
 BUZZ - Rises after Q4 profit beat  urn:newsml:reuters.com:*:nL4N34A7A6 
 ** Vir Biotechnology Inc  VIR.O : down 2.1%
 BUZZ - Falls; CEO George Scangos to step down  urn:newsml:reuters.com:*:nL4N34A7D8   
 ** Goodyear Tire & Rubber Co  GT.O : down 1.8%
 BUZZ - Skids on report of U.S. DOJ probe  urn:newsml:reuters.com:*:nL4N34A7E2   
 ** Block Inc  SQ.N : down 5.6%
 BUZZ - Falls after brokerage downgrades rating to 'perform'  urn:newsml:reuters.com:*:nL4N34A7CP   
 ** Fennec Pharmaceuticals Inc  FENC.O : up 8.2%
 BUZZ - Rises as medical body recommends co's hearing loss therapy  urn:newsml:reuters.com:*:nL4N34A7GH 
 
 ** RealReal Inc  REAL.O : down 6.4%
 BUZZ - Falls; Co names former Canadian Tire executive as CEO  urn:newsml:reuters.com:*:nL4N34A7HL   
 ** Abbott Laboratories  ABT.N : down 2.3%
 BUZZ - Down as Q4 medical device sales miss estimates  urn:newsml:reuters.com:*:nL4N34A747   
 ** Intercontinental Exchange Inc  ICE.N : down 1.7%
 BUZZ - Dips, co says manual error caused trading glitch  urn:newsml:reuters.com:*:nL4N34A74G   
 ** Shopify Inc  SHOP.N : up 5.4%
 BUZZ - Gains on price plan update  urn:newsml:reuters.com:*:nL4N34A7IO   
 ** enCore Energy Corp  EU.N : down 11.1%
 BUZZ - Uranium producer slides on C$30 mln equity raise  urn:newsml:reuters.com:*:nL1N34A18Z   
 ** Inhibikase Therapeutics Inc  IKT.O : up 8.7%
 BUZZ - Jumps as FDA lifts hold on Parkinson's drug trial  urn:newsml:reuters.com:*:nL4N34A7KU   
    
 The 11 major S&P 500 sectors:
 
 Communication Services   .SPLRCL   down 1.53%
 Consumer Discretionary   .SPLRCD   down 1.66%
 Consumer Staples         .SPLRCS   down 1.00%
 Energy                   .SPNY     down 1.00%
 Financial                .SPSY     down 0.74%
 Health                   .SPXHC    down 0.87%
 Industrial               .SPLRCI   down 1.83%
 Information Technology   .SPLRCT   down 2.40%
 Materials                .SPLRCM   down 1.30%
 Real Estate              .SPLRCR   down 0.65%
 Utilities                .SPLRCU   down 2.27%
 (Compiled by Rajarshi Roy and Mariam E Sunny)
 ((Mariam.ESunny@thomsonreuters.com))

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