Reply To: Traders Market Weekly: Inflation Obsession in Worsening Liquidity

#45010
TradersCom
Keymaster

AXT (AXTI) lowers Q3 revenue guidance to $34-35 mln from $39-41 mln, citing weakening macroeconomic conditions, particularly in the demand environment in China… AXTI down 14.6%
Essex Property (ESS) announces planned retirement of its President and CEO; appoints Senior Executive Vice President and COO as next President and CEO… ESS down 0.2%
Maravai Life Sciences (MRVI) appoints William “Trey” Martin as CEO, who joins company from Danaher Corporation… MRVI down 7.0%
Rivian Automotive (RIVN) reports Q3 production of 7,363 vehicles, deliveries of 6,584 vehicles, and says it remains on track to deliver on its 25,000 annual production guidance — SEC Filing… RIVN up 2.9%
Rocket Pharmaceuticals (RCKT) commences $100 mln common stock offering pursuant to previously filed shelf registration… RCKT down 6.5%
TreeHouse Foods (THS) completes sale of a significant portion of its Meal Prep business to Investindustrial for $950 mln… no after hours indication for THS
Tyra Biosciences (TYRA) files for $400 mln mixed securities shelf offering… TYRA down 5.6%
Utz Brands (UTZ) announces CEO succession plan; Howard Friedman, currently COO of Post Holdings, will join company as CEO and serve as member of the Board; reaffirms FY22 total net sales, organic net sales, and adjusted EBITDA growth guidance… no after hours indication for UTZ