Earnings Scheduled For February 22, 2022
Companies Reporting Before The Bell
• Gaotu Techedu (NYSE:GOTU) is projected to report quarterly earnings at $0.13 per share on revenue of $439.63 million.
10 Biggest Price Target Changes For Wednesday
Tigress Financial lifted the price target on McDonald's Corporation (NYSE: MCD) from $271 to $314. McDonald's shares fell 0.1% to close at $267.88 on Tuesday.
B of A Securities Maintains Buy on Kiniksa Pharmaceuticals, Lowers Price Target to $34
B of A Securities analyst Geoff Meacham maintains Kiniksa Pharmaceuticals (NASDAQ:KNSA) with a Buy and lowers the price target from $37 to $34.
Why Kiniksa Pharmaceuticals Stock Is Falling Today
Kiniksa Pharmaceuticals Ltd (NASDAQ: KNSA) is trading lower Tuesday morning after the company announced the Phase 3 trial of mavrilimumab in COVID-19-related ARDS did not meet the primary efficacy endpoint.
Benzinga Pro’s Top 5 Stocks To Watch For Tuesday, Dec. 28, 2021: KNSA, BVXV, FTK, APPS, MBOT
Today's 5 Stock Ideas:
Kiniksa Pharmaceuticals (KNSA) - Shares down ~14% premarket. The company announced the Phase 3 trial of mavrilimumab in COVID-19-related ARDS did not meet the primary efficacy endpoint.
71 Biggest Movers From Yesterday
Gainers
Avis Budget Group, Inc. (NASDAQ: CAR) shares climbed 108.3% to close at $357.17 on Tuesday after the company reported better-than-expected Q3 adjusted EPS and sales results and added $1 billion to its buyback.
Mid-Afternoon Market Update: Dow Rises Around 150 Points; Semler Scientific Shares Slide
Toward the end of trading Tuesday, the Dow traded up 0.42% to 36,063.98 while the NASDAQ rose 0.03% to 15,600.42. The S&P also rose, gaining 0.28% to 4,626.45.
64 Biggest Movers From Yesterday
Gainers
ABVC BioPharma, Inc. (NASDAQ: ABVC) shares climbed 137.4% to close at $6.03 on Monday on abnormally-high volume. The stock is seeing increased interest by traders on social media. Also, the company filed a mixed shelf offering on Friday after the close.