Reply To: Traders Market Weekly: Markets Rupture with Soaring yields and Fund Outflows

#44670
Truman
Participant

Apple (AAPL 145.93, -5.83, -3.84%): ends plans for iPhone 14 production increase as demand declines, according to Bloomberg
Netflix (NFLX 225.39, +1.03, +0.46%): upgraded to Overweight from Neutral at Atlantic Equities
Biogen (BIIB 290.00, +92.21, +46.62%): reports Lecanemab confirmatory Phase 3 Clarity AD study met primary endpoint, showing highly statistically significant reduction of clinical decline in large global clinical study of 1,795 participants with early Alzheimer’s disease
Lyft (LYFT 13.75, -0.41, -2.90%): slides on reports it is freezing all U.S. hiring through the end of 2022, according to NY Post
Progress Software (PRGS 41.05, -0.52, -1.25%): beats by $0.03, beats on revs; guides NovQ EPS in-line, revs in-line, but mid-points are below consensus
Thor Industries (THO 74.34, +2.59, +3.61%): beats by $1.26, beats on revs