Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
---|
Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
---|
Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
---|
U.S. stocks traded mixed midway through trading, with the Dow Jones index gaining more than 100 points on Monday.
The Dow traded up 0.28% to 36,349.22 while the NASDAQ fell 0.36% to 14,352.34. The S&P 500 also rose, gaining, 0.06% to 4,607.02.
Industrials shares rose by 0.9% on Monday.
In trading on Monday, communication services shares fell by 1.6%.
An investor consortium has tabled a $5.8 billion bid to acquire Macy's Inc. (NYSE:M), in an attempt to privatize the iconic department store chain.
This comes as Macy's grapples with mounting competition from digital retailers, which has significantly eroded its market value.
Pasithea Therapeutics Corp. (NASDAQ:KTTA) shares shot up 114% to $0.6527 after the company announced preclinical results from two in vivo studies evaluating the antitumor efficacy of PAS-004 in NRAS mutation cancer xenograft models.
Shares of MorphoSys AG (NASDAQ:MOR) got a boost, shooting 27% to $8.93 as the company presented comprehensive results from the Phase 3 MANIFEST-2 study investigating pelabresib at 65th American Society of Hematology Annual Meeting.
The Cigna Group (NYSE:CI) shares were also up, gaining 17% to $303.24. Cigna has withdrawn from its proposed merger with Humana Inc. (NYSE:HUM).
Cogent Biosciences, Inc. (NASDAQ:COGT) shares dropped 52% to $4.1101 after the company reported initial data from its ongoing Phase 2 SUMMIT trial and data from Part 1 of its ongoing Phase 2 APEX clinical at ASH 2023.
Shares of Green Giant Inc. (NASDAQ:GGE) were down 42% to $0.1484 after announcing a proposed public offering.
Near Intelligence, Inc. (NASDAQ:NIR) was down, falling 40% to $0.0911. Near Intelligence filed for Chapter 11 protection and entered into agreement to sell its business.
Also Check This Out: Alphabet, Best Buy And 2 Other Stocks Insiders Are Selling
In commodity news, oil traded down 0.4% to $70.95 while gold traded down 0.8% at $ 1,997.90.
Silver traded down 1% to $23.045 on Monday while copper fell 1% to $3.7930.
European shares were mostly higher today. The eurozone’s STOXX 600 rose 0.33%, London’s FTSE 100 fell 0.05% while Spain’s IBEX 35 Index fell 0.29% The German DAX gained 0.20% French CAC 40 gained 0.38%, while Italy’s FTSE MIB Index rose 0.20%.
Asian markets closed mostly higher on Monday, with Japan’s Nikkei 225 gaining 1.50%, Hong Kong’s Hang Seng Index falling 0.81% and China’s Shanghai Composite Index gaining 0.74%. India’s S&P BSE Sensex, meanwhile, rose 0.15%.
Japan’s machine tool orders fell 13.6% year-over-year to JPY 115,884 million in November versus a 20.6% plunge in October. The business survey index of large manufacturing firms in Japan accelerated to 5.7% in the fourth quarter from 5.4% in the prior quarter.
China's producer prices fell by 3.0% year-over-year in November versus a 2.6% decline in the previous month, while consumer prices fell by 0.5% year-over-year in November.
There were no major US economic releases Monday.
Now Read This: Top 5 Tech And Telecom Stocks That Are Set To Fly In Q4