Mid-Morning Market Update: Markets Open Higher; Accenture Profit Beats Views
Following the market opening Thursday, the Dow traded up 1.38% to 34,732.57 while the NASDAQ rose 0.97% to 15,041.00. The S&P also rose, gaining 1.22% to 4,449.12.
William Blair Downgrades Eargo to Market Perform
William Blair analyst Margaret Kaczor downgrades Eargo (NASDAQ:EAR) from Outperform to Market Perform.
24 Stocks Moving in Thursday’s Pre-Market Session
Gainers
Amplitude Healthcare Acquisition Corporation (NASDAQ: AMHC) rose 61.8% to $16.55 in pre-market trading. The company disclosed that shareholders approved the business combination with Jasper Therapeutics.
JP Morgan Downgrades Eargo to Underweight, Announces $11 Price Target
JP Morgan analyst Robbie Marcus downgrades Eargo (NASDAQ:EAR) from Overweight to Underweight and announces $11 price target.
Wells Fargo Downgrades Eargo to Equal-Weight, Announces $10 Price Target
Wells Fargo analyst Lawrence Biegelsen downgrades Eargo (NASDAQ:EAR) from Overweight to Equal-Weight and announces $10 price target.
Eargo 8-K Shows Co. Was Target Of Dept. Of Justice Criminal Probe Related To Insurance Reimbursement Claims Co. Submitted On Behalf Of Its Customers Covered By Federal Employee Health Plans
On September 21, 2021, Eargo, Inc. (the “Company”) was informed that it is the target of a criminal investigation by the U.S. Department of Justice (the “DOJ”) related to insurance
72 Biggest Movers From Yesterday
Gainers
Mechel PAO (NYSE: MTL) shares climbed 56.3% to settle at $5.00 on Tuesday. The company recently reported Q2results, including a 43% quarter-over-quarter revenue growth.
Stocks That Hit 52-Week Lows On Thursday
Thursday morning, 173 companies reached new 52-week lows.