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Raymond James analyst Steven Seedhouse downgrades Jounce Therapeutics (NASDAQ:JNCE) from Strong Buy to Outperform and lowers the price target from $16 to $3.

  On Monday, 413 companies reached new 52-week lows.

  On Friday morning, 446 companies hit new 52-week lows.

  On Tuesday, 838 companies hit new 52-week lows.

  During Monday's trading, 528 companies set new 52-week lows.

  Wednesday's session saw 361 companies set new 52-week lows.

  On Tuesday, 456 stocks hit new 52-week lows.

  On Thursday, 1076 companies hit new 52-week lows.

Gainers Mobile Global Esports Inc. (NASDAQ: MGAM) shares surged 103.9% to settle at $5.30 on Tuesday. Shares are in low-float territory; the issue has about 15 million shares in its float.

Raymond James analyst Steven Seedhouse maintains Jounce Therapeutics (NASDAQ:JNCE) with a Strong Buy and lowers the price target from $20 to $16.