Kodiak Sciences (NASDAQ:KOD) reported its Q4 earnings results on Tuesday, March 1, 2022 at 04:10 PM.
Here's what investors need to know about the announcement.
Biopharma stocks lock-stepped with the broader market in the week ending Feb. 25 before finishing higher. The trajectory was the same, with the sector declining in the first two sessions of the holiday-shortened week before making a comeback.
SVB Leerink lowered Guardant Health, Inc. (NASDAQ: GH) price target from $170 to $140. Guardant Health shares dropped 5.7% to $56.22 in pre-market trading.
Gainers
Tenneco Inc. (NYSE: TEN) shares surged 93.9% to close at $19.35 on Wednesday after the company announced it will be acquired by Apollo Funds. Tenneco also reported a Q4 loss of $0.11 per share.
U.S. stocks extended losses toward the end of trading, with the Dow Jones falling 300 points on Wednesday. US President Biden late Tuesday announced sanctions on some Russian banks and individuals.
U.S. stocks turned lower midway through trading after recording sharp losses on Tuesday. US President Biden late Tuesday announced sanctions on some Russian banks and individuals.
U.S. stocks opened higher this morning after recording sharp losses on Tuesday. US President Biden late Tuesday announced sanctions on some Russian banks and individuals.