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
50 Stocks Moving In Monday’s Mid-Day Session
Gainers
Volt Information Sciences, Inc. (NYSE: VOLT) shares jumped 95.2% to $5.89 after the company announced it would be acquired for $6 per share.
Chinese Stocks Down ~2-3% Thursday; Western Media Thursday Morning Highlights Chinese Stance On Russian Invasion Could Be Becoming Less Neutral, Highlights Misinformation Being Shared By Chinese State To Chinese Citizens
https://www.cnn.com/2022/03/10/china/china-russia-disinformation-campaign-ukraine-intl-dst-hnk/index.html
87 Biggest Movers From Yesterday
Gainers
Sunshine Biopharma, Inc. (NASDAQ: SBFM) shares jumped 150% to close at $3.80 on Wednesday. Sunshine Biopharma, last month, priced its 1.88 million unit uplisting to Nasdaq at $4.25 per unit.
50 Stocks Moving In Wednesday’s Mid-Day Session
Gainers
Sunshine Biopharma, Inc. (NASDAQ: SBFM) rose 148% to $3.78. Sunshine Biopharma, last month, priced its 1.88 million unit uplisting to Nasdaq at $4.25 per unit.
Credit Suisse Upgrades Dada Nexus to Outperform, Lowers Price Target to $17.5
Credit Suisse analyst Ashley Xu upgrades Dada Nexus (NASDAQ:DADA) from Neutral to Outperform and lowers the price target from $25 to $17.5.
B of A Securities Maintains Buy on Dada Nexus, Lowers Price Target to $28.7
B of A Securities analyst Eddie Leung maintains Dada Nexus (NASDAQ:DADA) with a Buy and lowers the price target from $35.4 to $28.7.