NIO Inc. (NYSE: NIO) shares are trading lower amidst weakness in Chinese EV stocks following Tesla's (NASDAQ: TSLA) announcement of more U.S. vehicle price cuts.
Relay Therapeutics (NASDAQ: RLAY) shares are trading higher after Raymond James upgraded the stock from Outperform to Strong Buy and announced a $29 price target. Also, the stock is rebounding following yesterday's sell-off.
Eightco Holdings (NASDAQ: OCTO) shares are trading lower after the company reported FY22 financial results.
What To Know: On Monday, Eightco reported its full year financial results and provided a business update for the year ending Dec. 31, 2022.
Consolidated Communications (NASDAQ: CNSL) shares are trading higher after Searchlight Capital and BCI submitted a non-binding proposal to acquire all outstanding shares of Consolidated Communications.