RBC Capital analyst Arun Viswanathan downgraded GrafTech International Ltd (NYSE:EAF) to Sector Perform from Outperform and lowered the price target to $7 (an…
U.S. stocks traded mixed toward the end of trading, with the S&P 500 and Nasdaq Composite moving higher on Wednesday. The annual inflation rate in the US increased to 9.1% in June, the highest level since November 1981.
Article by Jason Najum.
Psychedelic startups face a more challenging time raising capital amid market volatility, the prospect of rate hikes, and recession fears, but that could ultimately help the industry to mature.
U.S. stocks pared some losses midway through trading, with the Nasdaq Composite turning higher on Wednesday. The annual inflation rate in the US increased to 9.1% in June, the highest level since November 1981.
Gainers
Qurate Retail, Inc. (NASDAQ: QRTEB) shares jumped 122.4% to $6.76. Qurate Retail will host a conference call to discuss Q2 results on Friday, August 5th.
On Tuesday, shares of Seritage Growth Properties (NYSE: SRG) experienced volatile short activity. After the activity, the stock price went up +0.10% to $10.49.
The overall sentiment for SRG has been Bearish.