Mid-Day Market Update: Nasdaq Jumps 350 Points; CarParts.com Shares Drop
U.S. stocks traded higher midway through trading, with the Nasdaq jumping 350 points on Wednesday.
Benchmark Maintains Buy on JOYY, Lowers Price Target to $62
Benchmark analyst Fawne Jiang maintains JOYY (NASDAQ:YY) with a Buy and lowers the price target from $97 to $62.
40 Stocks Moving in Wednesday’s Pre-Market Session
Gainers
Fangdd Network Group Ltd. (NASDAQ: DUO) rose 57.1% to $0.4198 in pre-market trading.
Stocks That Hit 52-Week Lows On Tuesday
During Tuesday's session, 454 stocks hit new 52-week lows.
JPMorgan Downgrades Alibaba and Other China Tech Stocks Following Selloff; Calls It “Uninvestable” For Next 6-12 Months
JPMorgan analyst Alex Yao double downgraded Alibaba Group Holding Ltd(NYSE: BABA) to Underweight
JP Morgan Downgrades JOYY to Underweight, Announces $25 Price Target
JP Morgan downgrades JOYY (NASDAQ:YY) from Overweight to Underweight and announces $25 price target.
A Preview Of JOYY’s Earnings
JOYY (NASDAQ:YY) is set to give its latest quarterly earnings report on Tuesday, 2022-03-15. Here's what investors need to know before the announcement.
Analysts estimate that JOYY will report an earnings per share (EPS) of $0.36.
Stocks That Hit 52-Week Lows On Friday
During Friday's session, 198 companies made new 52-week lows.