Stocks That Hit 52-Week Lows On Friday
During Friday's trading, 69 companies set new 52-week lows.
40 Stocks Moving In Friday’s Mid-Day Session
Gainers
Turning Point Therapeutics, Inc. (NASDAQ: TPTX) shares jumped 115.8% to $73.72 after Bristol Myers Squibb announced it will acquire Turning Point Therapeutics for $76 per share.
Expert Ratings for JOANN
JOANN (NASDAQ:JOAN) has observed the following analyst ratings within the last quarter:
Mid-Morning Market Update: Markets Open Lower; US Economy Adds 390,000 Jobs In May
U.S. stocks traded lower this morning, with the Dow Jones dropping around 150 points on Friday.
B of A Securities Downgrades JOANN to Neutral, Lowers Price Target to $8
B of A Securities analyst Elizabeth Suzuki downgrades JOANN (NASDAQ:JOAN) from Buy to Neutral and lowers the price target from $20 to $8.
JOANN Q1 EPS $(0.22) Down From $0.46 YoY, Sales $498.00M Miss $518.40M Estimate
JOANN (NASDAQ:JOAN) reported quarterly losses of $(0.22) per share. This is a 147.83 percent decrease over earnings of $0.46 per share from the same period last year. The company reported quarterly sales of $498.00
Earnings Scheduled For June 2, 2022
Companies Reporting Before The Bell
• SIGNA Sports United (NYSE:SSU) is projected to report earnings for its second quarter.
Telsey Advisory Group Maintains Market Perform on JOANN, Lowers Price Target to $9
Telsey Advisory Group analyst Joseph Feldman maintains JOANN (NASDAQ:JOAN) with a Market Perform and lowers the price target from $11 to $9.
