U.S. STOCKS ON THE MOVE-Tesla, Phunware, Agenus, Cleveland-Cliffs

Metacrine

22/10/2021 17:40

* Eikon search string for individual stock moves:  STXBZ 
    * The Day Ahead newsletter: http://tmsnrt.rs/2ggOmBi
    * The Morning News Call newsletter: http://tmsnrt.rs/2fwPLTh

The Dow and S&P 500 reversed course to trade lower on Friday, while the Nasdaq
fell more than 1% after comments on stimulus tapering from Federal Reserve Chair
Jerome Powell spooked markets trading at record levels.  .N 
    At 12:23 ET, the Dow Jones Industrial Average  .DJI  was unchanged at
35,602.79. The S&P 500  .SPX  was down 0.37% at 4,533.09 and the Nasdaq
Composite  .IXIC  was down 1.07% at 15,053.191.
 
 The top three S&P 500  .PG.INX  percentage gainers:
 ** Seagate Technology public limited company  STX.O , up 5.6%
 ** American Express Co  AXP.N , up 5%
 ** Equifax Inc  EFX.N , up 5%
 
 The top three S&P 500  .PL.INX  percentage losers:
 ** Intel Corp  INTC.O , down 11.5%
 ** Facebook Inc   FB.O , down 5.8%
 ** Moderna Inc  MRNA.O , down 5.6%
 
 The top two NYSE  .PG.N  percentage gainers:
 ** Alkuri Global Acquisition Corp  BBLN.N , up 20.1%
 ** Wework Inc  WE.N , up 12.2%
 
 The top three NYSE  .PL.N  percentage losers:
 ** Snap Inc  SNAP.N , down 25%
 ** X FINANCIAL  XYF.N , down 16.6%
 ** U.S. Xpress Enterprises Inc  USX.N , down 16.5%
 
 The top Nasdaq  .PG.O  percentage gainer:
 ** Phunware Inc  PHUN.O , up 445.8%
 The top three Nasdaq  .PL.O  percentage losers:
 ** Xiaobai Maimai Inc  HX.O , down 34.9%
 ** Ocular Therapeutix Inc  OCUL.O , down 34.3%
 ** Seaport Global Acquisition Corp  SGAMU.O , down 26.9%
 
 
 
    ** Snap Inc  SNAP.N : down 25.0%
    ** Facebook Inc  FB.O : down 5.8%
    ** Twitter Inc  TWTR.N : down 4.5%
 BUZZ-Social media stocks slump as Apple privacy changes slam Snap  urn:newsml:reuters.com:*:nL4N2RH49Y
    
    ** Mattel Inc  MAT.O : up 1.7%
 BUZZ-Mattel jumps on upbeat 2021 sales forecast  urn:newsml:reuters.com:*:nL4N2RH49A
    
    ** Intel Corporation  INTC.O : down 11.4%
 BUZZ-Intel drops on revenue miss as chipmaker lags competition  urn:newsml:reuters.com:*:nL4N2RH4LL
    
    ** Digital World Acquisition Corp  DWAC.O : up 117.1%
 BUZZ-Digital World Acquisition Corp extends gains after Trump social media deal
 urn:newsml:reuters.com:*:nL4N2RI2IH
    
    ** Phunware Inc  PHUN.O : up 445.8%
 BUZZ-Blockchain firm Phunware surges over 1400% in retail rally  urn:newsml:reuters.com:*:nL4N2RI3D4
    
    ** V.F. Corporation  VFC.N : down 2.7%
 BUZZ-Vans shoe maker skids after revenue miss  urn:newsml:reuters.com:*:nL4N2RI2TY
    
    ** Metacrine Inc  MTCR.O : down 56.0%
 BUZZ-Metacrine shares slump after halting one of its NASH programs  urn:newsml:reuters.com:*:nL4N2RI2OQ
    
    ** Square Inc  SQ.N : down 4.0%
 BUZZ-Square Inc down after Australia tells BNPL firms to drop surcharge ban
 urn:newsml:reuters.com:*:nL4N2RI2UT
    
    ** American Express Company  AXP.N : up 5.0%
 BUZZ-AmEx set to open at record high on profit beat  urn:newsml:reuters.com:*:nL4N2RI2Y8
    
    ** Ocular Therapeutix Inc  OCUL.O : down 34.3%
 BUZZ-Ocular Therapeutix plunges after mid-stage eye drug trial fails main goal
 urn:newsml:reuters.com:*:nL4N2RI34P
    
    ** Olin Corporation  OLN.N : up 6.8%
 BUZZ-Olin Corp rises on upbeat Q3 profit  urn:newsml:reuters.com:*:nL4N2RI2VG
    
    ** Gentex Corporation  GNTX.O : down 4.1%
 BUZZ-Gentex Corp drops after Q3 earnings miss estimates, sales drop
 urn:newsml:reuters.com:*:nL4N2RI374
    
    ** HCA Healthcare Inc  HCA.N : down 2.2%
 BUZZ-HCA down as higher staff cost overshadows beat-and-raise Q3  urn:newsml:reuters.com:*:nL4N2RI37N
    
    ** Seagate Technology  STX.O : up 5.6%
 BUZZ-Seagate Technology rises on upbeat Q1, outlook  urn:newsml:reuters.com:*:nL4N2RI37X
    
    ** Beyond Meat Inc  BYND.O : down 14.0%
 BUZZ-Beyond Meat sinks to near 1-1/2-yr low after revenue forecast cut
 urn:newsml:reuters.com:*:nL4N2RI36B
    
    ** T2 Biosystems Inc  TTOO.O : up 6.3%
 BUZZ-T2 Biosystems jumps after APAC distribution agreements  urn:newsml:reuters.com:*:nL4N2RI37G
    
    ** Tesla Inc  TSLA.O : up 1.2%
 BUZZ-Tesla extends gains to touch record high  urn:newsml:reuters.com:*:nL4N2RI3GO
    
    ** Schlumberger N.V.  SLB.N : down 1.3%
 BUZZ-Schlumberger expects N.America customers to increase 2022 spending
 urn:newsml:reuters.com:*:nL4N2RI372
    
    ** Agenus Inc  AGEN.O : down 20.3%
 BUZZ-Agenus slumps on withdrawing application for cervical cancer drug
 urn:newsml:reuters.com:*:nL4N2RI3GP
    
    ** Cleveland-Cliffs Inc  CLF.N : up 10.4%
 BUZZ-Steel producer Cleveland-Cliffs eyes best day since June on Q3 beat
 urn:newsml:reuters.com:*:nL4N2RI3K9
    
    
 The 11 major S&P 500 sectors:
 
 Communication Services   .SPLRCL   down 2.86%
 Consumer Discretionary   .SPLRCD   down 0.72%
 Consumer Staples         .SPLRCS   up 0.56%
 Energy                   .SPNY     up 0.12%
 Financial                .SPSY     up 0.73%
 Health                   .SPXHC    flat
 Industrial               .SPLRCI   up 0.25%
 Information Technology   .SPLRCT   down 0.47%
 Materials                .SPLRCM   up 0.21%
 Real Estate              .SPLRCR   up 0.49%
 Utilities                .SPLRCU   up 0.46%
 
 (Compiled by Oishee Majumdar in Bengaluru)
 ((Oishee.majumdar@thomsonreuters.com))