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Live reporting

Stock Market Live Updates 06/11 – Global Blood Therapeutics (GBT) Stock Plummets 34%

3 weeks ago

As it happens:

Latest21:05
Stocks On Wall Street Close Flat To End The Week...

DOW          -0.24%
S&P            -0.04%
NASDAQ  +0.04%

S&P 500 Daily Chart Source: TradingView

19:42
US Stock Mixed

Source: finviz.zom

17:22
US Stock Gainers

Aurora Cannabis +70.15%

Modine Manufacturing +44.99%

Tilray Inc +33.89%

16:41
European Stocks Mostly Lower

FTSE 100   +0.08%
DAX            -0.68%
STOXX50  -0.39%
IBEX 35     -0.77%
CAC 40      -0.46%

14:38
US Equities Lower

DOW          -0.44%
S&P            -0.61%
NASDAQ  -0.98%

14:46
Global Blood Therapeutics Stock Plummets After Downgrade

$GBT -33.94% $39.85

Global Blood Therapeutics stock has plummeted almost 34% after JPMorgan Chase & Co and Raymond James downgraded the stock due to underwhelming third-quarter results.

 

 

09:10
UK Stock Movers

Urban & Civic +65.17%: The Welcome Trust Limited announce an agreement to acquire Urban&Civic for £506 million or 345p per share.

Sportech +34.94%: Sportech confirms it has received two approaches from Standard General about a possible cash offer for Sportech. The first offer was 25p per share and the next was 28.5p per share

Mears Group +27.92%: Mears Group announces it has entered into an agreement to sell TerraQuest Solutions to a new corporate private company. The deal values TerraQuest at £72 million

08:40
European Indices Lower

FTSE 100     -0.18%
DAX              -0.45%
STOXX 50   -0.42%
IBEX 35       -0.51%
CAC 40        -0.37%

07:55
Preview

Morning all…

-Still no confirmation on who will be the next US President, although Biden is edging ever close. Trump says that he wins “easily” with legal vote counts.

-The Federal Reserve has held interest rates near zero as the economy continues to grow, but not near pre-pandemic levels. The Fed kept its benchmark interest rate between 0%-0.25%.

-APAC markets were mixed overnight with Chinese Bourses moving lower

-Uber’s delivery revenue for Q3 was up 125%

-In FX markets, risk currencies are continuing to make gains

-On the economic calendar today we have Canadian unemployment data, Ivey PMI, and US non-farm payrolls

-The earnings calendar sees names such as CVS Health, ViacomCBS, Immunogen, and Marriott reporting