Citigroup raised the price target for The Manitowoc Company, Inc. (NYSE: MTW) from $11 to $21. Citigroup analyst Timothy Thein maintained a Neutral rating. Manitowoc shares fell 2.4% to $19.09 in pre-market trading.
Nektar Therapeutics (NASDAQ:NKTR) reported quarterly losses of $(0.32) per share which beat the analyst consensus estimate of $(0.45) by 28.89 percent. This is a 59.49 percent increase over losses of $(0.79) per share
U.S. stocks traded lower toward the end of trading, with the Dow Jones dropping over 300 points on Friday.
The Dow traded down 1.07% to 32,798.91 while the NASDAQ fell 1.90% to 11,370.53. The S&P 500 also fell, dropping, 1.23% to 3,963.05
U.S. stocks traded lower this morning, with the Dow Jones dropping over 150 points on Friday.
Following the market opening Friday, the Dow traded down 1.05% to 32,807.33 while the NASDAQ fell 1.52% to 11,413.98. The S&P 500 also fell, dropping, 1.22% to 3,963.44.