A number of stocks fell in the afternoon session after new economic data intensified market agitation ahead of the Federal Reserve's policy decision later in the week.
A number of stocks fell in the afternoon session after new economic data intensified market agitation ahead of the Federal Reserve's policy decision later in the week.
Shares of fashion brand Ralph Lauren (NYSE:RL)
fell 3.6% in the afternoon session after new economic data intensified market agitation ahead of the Federal Reserve's policy decision later in the week.
Shares of athletic apparel brand Nike (NYSE:NKE)
fell 3.9% in the afternoon session after new economic data intensified market agitation ahead of the Federal Reserve's policy decision later in the week.
A number of stocks fell in the afternoon session after new economic data intensified market agitation ahead of the Federal Reserve's policy decision later in the week.
Shares of luxury electric car manufacturer Lucid (NASDAQ:LCID) fell 6.2% in the afternoon session after Morgan Stanley downgraded the stock and sharply cut its price target, citing a prolonged path to profitability and significant risks for shareholders.
Shares of satellite communications company EchoStar (NASDAQGS:SATS) jumped 7% in the afternoon session after the stock continued its rally from the previous trading session, driven by reports that the value of its significant stake in SpaceX could double.
A number of stocks fell in the afternoon session after new economic data intensified market agitation ahead of the Federal Reserve's policy decision later in the week.
Shares of low-code automation software company Appian (NASDAQ:APPN) jumped 5.4% in the afternoon session after the stock's positive momentum continued as the company reported strong third-quarter results that surpassed analyst expectations and raised its full-year forecast.
Shares of medical lens company STAAR Surgical (NASDAQ:STAA)
fell 7.1% in the afternoon session after the company announced the expiration of its 'go-shop' period without receiving any competing acquisition proposals, solidifying its pending merger agreement with Alcon Inc.
Shares of semiconductor maker Himax Technologies (NASDAQ:HIMX) jumped 2.7% in the afternoon session after investor optimism surrounding its growth prospects in artificial intelligence and augmented reality improved, continuing a significant rally.
Shares of footwear company Crocs (NASDAQ:CROX)
fell 5% in the afternoon session after the stock fell amid a broader market downturn that particularly affected consumer-focused companies.
Shares of beer company Molson Coors (NYSE:TAP)
jumped 3.6% in the afternoon session after the company announced its Madrí Excepcional brand surpassed £1 billion in annual sales as the brand celebrated its fifth anniversary.
Shares of personal computing and printing company HP (NYSE:HPQ) fell 3.2% in the afternoon session after a report from Wedbush Securities identified the company as one of several potential "AI losers."
Shares of online advertising giant Alphabet (NASDAQ:GOOGL)
fell 2.6% in the afternoon session after investors appeared to take profits following a recent period of strong performance.
Shares of digital infrastructure investor DigitalBridge Group (NYSE:DBRG) jumped 3.3% in the afternoon session after the stock's positive momentum continued as reports surfaced that SoftBank Group was in discussions to acquire the company, prompting an analyst price target increase.
