|Symbol||Name||Price (Intraday)||Change||% Change||Volume||Avg Vol (3 month)||Market Cap||PE Ratio (TTM)||52 Week Range|
|TWST||Twist Bioscience Corporation||158.02||-39.63||-20.05%||2.847M||771,137||7.682B||N/A|
|NEWR||New Relic, Inc.||67.65||-13.12||-16.24%||3.986M||679,262||4.235B||N/A|
|U||Unity Software Inc.||128.64||-21.17||-14.13%||16.484M||2.379M||35.188B||N/A|
|WWE||World Wrestling Entertainment, Inc.||49.23||-6.77||-12.09%||2.698M||991,246||3.83B||29.06|
|FITGF||FIT Hon Teng Limited||0.4000||-0.0400||-9.09%||68,640||N/A||2.774B||N/A|
|IPOE||Social Capital Hedosophia Holdings Corp. V||23.10||-1.96||-7.82%||11.907M||7.844M||2.324B||N/A|
|GNENF||Ganfeng Lithium Co., Ltd.||14.69||-1.11||-7.03%||26,460||23,200||22.528B||N/A|
|COG||Cabot Oil & Gas Corporation||17.56||-1.31||-6.94%||12.32M||5.885M||6.999B||33.01|
|OPEN||Opendoor Technologies Inc.||26.60||-1.88||-6.60%||24.023M||5.004M||14.482B||N/A|
|BIGC||BigCommerce Holdings, Inc.||82.30||-5.34||-6.09%||1.41M||2.636M||5.58B||N/A|
|PTON||Peloton Interactive, Inc.||148.30||-9.23||-5.86%||23.157M||11.672M||43.675B||N/A|
|CBOE||Cboe Global Markets, Inc.||89.56||-5.56||-5.85%||1.715M||763,006||9.676B||19.66|
|TSSLF||Telesites, S.A.B. de C.V.||1.0372||-0.0628||-5.71%||24,414||13,269||3.404B||207.44|
|EH||EHang Holdings Limited||76.40||-4.51||-5.57%||1.949M||2.453M||4.181B||N/A|
|LBRT||Liberty Oilfield Services Inc.||12.63||-0.68||-5.11%||944,468||741,814||2.264B||N/A|
|IDCBF||Industrial and Commercial Bank of China Limited||0.6111||-0.0340||-5.28%||107,911||60,383||251.945B||4.89|
|AFRM||Affirm Holdings, Inc.||103.45||-5.32||-4.89%||2.917M||5.186M||25.112B||N/A|
|PCTY||Paylocity Holding Corporation||203.04||-10.02||-4.70%||346,127||311,006||11.04B||170.91|
|ALGM||Allegro MicroSystems, Inc.||30.19||-1.47||-4.64%||8.65M||907,216||5.719B||N/A|
|JMIA||Jumia Technologies AG||61.23||-3.01||-4.69%||6.216M||15.033M||5.462B||N/A|
|MP||MP Materials Corp.||32.25||-1.55||-4.59%||3.509M||4.389M||5.77B||N/A|
|TCLHF||TCL Electronics Holdings Limited||0.9550||-0.0450||-4.50%||27,854||8,414||2.365B||12.09|
|SIG||Signet Jewelers Limited||43.36||-1.95||-4.30%||572,252||1.345M||2.269B||N/A|
|TMUS||T-Mobile US, Inc.||125.28||-5.32||-4.07%||10.118M||3.932M||155.496B||43.17|
|CHGCY||Chugai Pharmaceutical Co., Ltd.||25.00||-1.05||-4.03%||30,679||37,000||81.73B||8.78|
|PILBF||Pilbara Minerals Limited||0.7680||-0.0320||-4.00%||295,726||314,495||2.177B||N/A|
|GWLLF||Great Wall Motor Company Limited||2.9950||-0.1230||-3.94%||37,166||60,340||45.465B||29.65|
|CPA||Copa Holdings, S.A.||79.70||-3.23||-3.89%||450,890||535,033||3.376B||N/A|
|GIGNF||Genting Singapore Limited||0.6450||-0.0259||-3.86%||43,108||2,120||7.576B||N/A|
|AMC||AMC Entertainment Holdings, Inc.||6.83||-0.26||-3.67%||190.873M||116.636M||2.316B||N/A|
|REAL||The RealReal, Inc.||24.06||-0.92||-3.68%||2.359M||2.59M||2.131B||N/A|
|BEKE||KE Holdings Inc.||62.62||-2.36||-3.63%||3.086M||3.464M||73.815B||N/A|
|WEICY||Weichai Power Co., Ltd.||24.55||-0.92||-3.63%||203,580||58,970||27.252B||20.19|
|TTM||Tata Motors Limited||21.54||-0.77||-3.45%||2.132M||2.24M||15.234B||11.13|
|WMS||Advanced Drainage Systems, Inc.||99.74||-3.72||-3.60%||919,130||462,941||7.029B||41.44|
|CAH||Cardinal Health, Inc.||54.26||-1.72||-3.07%||2.968M||2.017M||15.921B||16.30|
|TIGR||UP Fintech Holding Limited||26.15||-0.90||-3.33%||13.523M||5.518M||3.687B||502.88|
|SHI||Sinopec Shanghai Petrochemical Company Limited||24.13||-0.09||-0.37%||50,116||41,454||4.994B||2.57|
|ZIJMF||Zijin Mining Group Company Limited||1.1800||-0.0400||-3.28%||91,439||118,908||36.781B||38.06|
|ENSG||The Ensign Group, Inc.||83.82||-2.79||-3.22%||283,160||274,962||4.585B||27.39|
|COR||CoreSite Realty Corporation||125.48||-4.16||-3.21%||487,722||320,479||5.366B||64.35|
|PRU||Prudential Financial, Inc.||80.16||-2.62||-3.17%||4.036M||2.127M||31.743B||N/A|
|RLX||RLX Technology Inc.||24.23||-0.91||-3.62%||5.398M||24.954M||37.637B||N/A|
|CNX||CNX Resources Corporation||12.76||-0.41||-3.11%||3.426M||4.178M||2.803B||N/A|
|MUSA||Murphy USA Inc.||128.39||-3.97||-3.00%||246,235||276,124||3.498B||9.82|
|ARRXF||Archer Materials Limited||0.6500||-0.0200||-2.99%||71,087||12,862||125.282M||N/A|
|TENB||Tenable Holdings, Inc.||46.25||-1.41||-2.96%||2.125M||1.018M||4.797B||N/A|
|MKSI||MKS Instruments, Inc.||162.33||-4.94||-2.95%||251,858||325,695||8.95B||25.64|
|RGA||Reinsurance Group of America, Incorporated||109.54||-3.22||-2.86%||490,314||464,625||7.442B||13.67|
|IPOF||Social Capital Hedosophia Holdings Corp. VI||15.54||-0.41||-2.57%||6.716M||4.975M||2.234B||N/A|
|PLUG||Plug Power Inc.||65.77||-1.90||-2.81%||18.126M||44.482M||32.705B||N/A|
|CGC||Canopy Growth Corporation||42.93||-1.21||-2.74%||5.715M||6.587M||16.009B||N/A|
|ALGT||Allegiant Travel Company||213.49||-5.89||-2.68%||276,084||157,243||3.499B||N/A|
|FLT||FLEETCOR Technologies, Inc.||257.36||-6.42||-2.43%||1.245M||725,448||21.532B||31.69|
|HYMTF||Hyundai Motor Company||56.94||-1.55||-2.65%||105,788||24,653||49.642B||14.94|
|RVLV||Revolve Group, Inc.||38.31||-1.03||-2.62%||527,604||1.46M||2.69B||N/A|
|FCN||FTI Consulting, Inc.||108.44||-2.84||-2.55%||632,124||395,632||3.867B||22.24|
|LSXMA||The Liberty SiriusXM Group||43.38||-1.15||-2.58%||279,533||662,585||16.352B||61.71|
World Wrestling Entertainment (WWE) posted Q4 and full-year 2020 results yesterday, and for the sports entertainment giant, it was the best of times and the worst of times. While WWE posted record full-year results, its Q4 earnings report was less than stellar.???
Lululemon is one of the few retailers actually winning during the pandemic, as consumers shift to more casual clothing and a healthier lifestyle.?
Boston, Massachusetts--(Newsfile Corp. - February 6, 2021) - The Thornton Law Firm alerts QuantumScape investors that a class action lawsuit has been filed on behalf of investors who purchased QuantumScape stock or other securities (NYSE: QS) between November 27, 2020 and December 31, 2020. QS investors may visit www.tenlaw.com/cases/QuantumScape to learn about the case and the lead plaintiff process. Investors may also email firstname.lastname@example.org or call 617-531-3917. FOR MORE INFORMATION: www.tenlaw.com/cases/QuantumScapeQuantumScape investors have ...
NEW ORLEANS, Feb. 05, 2021 (GLOBE NEWSWIRE) -- Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors of pending deadlines in the following securities class action lawsuits: SolarWinds Corporation (SWI) Class Period: 2/24/2020 - 12/15/2020Lead Plaintiff Motion Deadline: March 5, 2021SECURITIES FRAUD To learn more, visit http://7ljrt.xyz.www.ksfcounsel.com/cases/nyse-swi/ QuantumScape Corporation (QS) Class Period: 11/27/2020 - 12/31/2020Lead Plaintiff Motion Deadline: March 8, 2021SECURITIES FRAUD To learn more, visit http://thai316.tw.www.ksfcounsel.com/cases/nyse-qs/ Penumbra, Inc. (PEN) Class Period: 8/3/2020 - 12/15/2020Lead Plaintiff Motion Deadline: March 16, 2021SECURITIES FRAUD To learn more, visit http://nejodk.tw.www.ksfcounsel.com/cases/nyse-pen/ iRhythm Technologies (IRTC) Class Period: 8/4/2020 - 1/28/2021Lead Plaintiff Motion Deadline: April 2, 2021SECURITIES FRAUD To learn more, visit http://bostonvoicedata.com.www.ksfcounsel.com/cases/nasdaqgs-irtc/ If you purchased shares of the above companies and would like to discuss your legal rights and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner, Lewis Kahn, toll-free at 1-877-515-1850, via email (Lewis.Kahn@KSFcounsel.com), or via the case links above. If you wish to serve as a Lead Plaintiff in the class action, you must petition the Court on or before the Lead Plaintiff Motion deadline. About KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation’s premier boutique securities litigation law firms. KSF serves a variety of clients – including public institutional investors, hedge funds, money managers and retail investors – in seeking to recover investment losses due to corporate fraud and malfeasance by publicly traded companies. KSF has offices in New York, California and Louisiana. To learn more about KSF, you may visit www.ksfcounsel.com. Contact: Kahn Swick & Foti, LLCLewis Kahn, Managing Partnerlewis.email@example.com Poydras St., Suite 3200New Orleans, LA 70163
NEW YORK, NY / ACCESSWIRE / February 5, 2021 / Jakubowitz Law announces that securities fraud class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies who purchased shares within the class periods listed below. Shareholders interested in representing the class of wronged shareholders have until the lead plaintiff deadline to petition the court.
Owners of industrial and distribution facilities are riding an e-commerce boom that is likely to drive future rents higher.
?NEW YORK, Feb. 05, 2021 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of QuantumScape Corporation (NYSE: QS) between November 27, 2020 and December 31, 2020, inclusive (the “Class Period”) of the important March 8, 2021 lead plaintiff deadline. SO WHAT: If you purchased QuantumScape securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO NEXT: To join the QuantumScape class action, go to http://www.rosenlegal_com.federalismosolidale.com/cases-register-2017.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email firstname.lastname@example.org or email@example.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than March 8, 2021. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience or resources. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020 founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers. DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) QuantumScape’s purported success related to its solid-state battery power, battery life, and energy density were significantly overstated; (2) QuantumScape’s battery technology was not sufficient for electric vehicle performance as it would not be able to withstand the aggressive automotive environment; (3) QuantumScape’s battery technology likely provided no meaningful improvement over existing battery technology; (4) QuantumScape is unlikely to be able to scale its technology to the multi-layer cell necessary to power electric vehicles (5) the successful commercialization of QuantumScape’s battery technology was subject to much more significant risks and uncertainties than defendants had disclosed; and (6) as a result of the foregoing, defendants materially overstated the value and prospects of QuantumScape’s battery technology. When the true details entered the market, the lawsuit claims that investors suffered damages. To join the QuantumScape class action, go to http://www.rosenlegal_com.federalismosolidale.com/cases-register-2017.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email firstname.lastname@example.org or email@example.com for information on the class action. No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff. Follow us for updates on LinkedIn: http://thai533.online.www.linkedin.com/company/the-rosen-law-firm, on Twitter: http://plegene.com.twitter.com/rosen_firm or on Facebook: http://thai741.tw.www.facebook.com/rosenlawfirm/. Attorney Advertising. Prior results do not guarantee a similar outcome. ------------------------------- Contact Information: Laurence Rosen, Esq. Phillip Kim, Esq. The Rosen Law Firm, P.A. 275 Madison Avenue, 40th Floor New York, NY 10016 Tel: (212) 686-1060 Toll Free: (866) 767-3653 Fax: (212) 202-3827 firstname.lastname@example.org email@example.com firstname.lastname@example.org www.rosenlegal.com
RADNOR, Pa., Feb. 05, 2021 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP announces that a securities fraud class action lawsuit has been filed in the United States District Court for the Northern District of California against QuantumScape Corporation (NYSE: QS) (“QuantumScape”) on behalf of those who purchased or acquired QuantumScape publicly traded securities between November 27, 2020 and December 31, 2020, inclusive (the “Class Period”). Shareholder Reminder: Investors who purchased or acquired QuantumScape securities during the Class Period may, no later than March 8, 2021, seek to be appointed as a lead plaintiff representative of the class. For additional information or to learn how to participate in this litigation please contact Kessler Topaz Meltzer & Check, LLP: James Maro, Esq. (484) 270-1453 or Adrienne Bell, Esq. (484) 270-1435; toll free at (844) 887-9500; via e-mail at email@example.com; or click http://sportomato.com.www.ktmc.com/quantumscape-corporation-securities-class-action?utm_source=PR&utm_medium=link&utm_campaign=qunatumscape According to the complaint, QuantumScape develops and commercializes solid-state lithium-metal batteries for electric vehicles (“EVs”). In 2012, QuantumScape began working with Volkswagen Group of America, Inc. (“Volkswagen”) and Volkswagen Group of America Investments, LLC (“VGA”) to develop an EV battery. In 2018, Volkswagen, VGA and QuantumScape announced the establishment of a joint production project to prepare solid-state batteries for mass production. On September 3, 2020, QuantumScape announced a merger with Kensington. Upon completion of the transaction, QuantumScape would receive $1 billion in financing, including funding from VGA and the Qatar Investment Authority. That transaction was completed on November 27, 2020, and QuantumScape Class A common stock and warrants began trading on the NYSE. The complaint alleges that on January 4, 2021, prior to the open of trading, Seeking Alpha published a research report entitled “QuantumScape’s Solid State Batteries Have Significant Technical Hurdles To Overcome.” The introduction of the Seeking Alpha report emphasized that “QuantumScape’s science is very good. . .[b]ut their batteries are small and unproven – not yet as big as an iWatch battery, and never tested outside a lab,” adding that “[t]here are significant risks associated with solid state batteries that have not been overcome,” and emphasizing that “[t]hey will likely never achieve the performance they claim.” Following this news, the market prices of QuantumScape publicly traded securities fell precipitously, with the price of QuantumScape’s Class A common stock declining more than 63% from its Class Period high of more than $131 per share on December 22, 2020 to close down at $49.96 per share on January 4, 2021, including a one-day decline of more than $34 per share, or 41%, on January 4, 2021. QuantumScape investors may, no later than March 8, 2021, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. In order to be appointed as a lead plaintiff, the Court must determine that the class member’s claim is typical of the claims of other class members, and that the class member will adequately represent the class. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff. Kessler Topaz Meltzer & Check, LLP, prosecutes class actions in state and federal courts throughout the country involving securities fraud, breaches of fiduciary duties and other violations of state and federal law. Kessler Topaz Meltzer & Check, LLP is a driving force behind corporate governance reform, and has recovered billions of dollars on behalf of institutional and individual investors from the United States and around the world. The firm represents investors, consumers and whistleblowers (private citizens who report fraudulent practices against the government and share in the recovery of government dollars). The complaint in this action was not filed by Kessler Topaz Meltzer & Check, LLP. For more information about Kessler Topaz Meltzer & Check, LLP, please visit www.ktmc.com. CONTACT:Kessler Topaz Meltzer & Check, LLPJames Maro, Jr., Esq.Adrienne Bell, Esq.280 King of Prussia RoadRadnor, PA 19087(844) 887-9500 (toll free)(610) firstname.lastname@example.org
The coronavirus pandemic is keeping people at home; many of them are working out with Peloton equipment and taking Peloton classes.
Los Angeles, California--(Newsfile Corp. - February 5, 2021) - The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Immunovant, Inc. ("Immunovant" or "the Company") (NASDAQ: IMVT) for violations of the securities laws.The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Immunovant announced a "voluntary pause of dosing in its ongoing ...
The growth stock's slide follows Unity's Q4 earnings report, which beat analyst expectations but apparently didn't quite live up to the market's expectations. Perhaps explaining why the market may be disappointed, this growth was a significant slowdown from Unity's 53.3% revenue growth in the third quarter. Analysts, on average, were expecting Unity's adjusted loss to come in at $0.14 per share.
Yesterday afternoon Unum reported fourth quarter 2020 net income of $135.4 million or $0.66 per diluted common share compared to $296.2 million or $1.44 per diluted common share in the fourth quarter of 2019. Net income for the fourth quarter of 2020 included the following items, a net after-tax gain from the Closed Block individual disability reinsurance transaction of $32 million, an increase to the reserves backing the Closed Block long-term care product line of $119.7 million after tax, an increase to reserves backing the group pension block, which is a part of the other product line within the Closed Block of $13.8 million after-tax, and a net after-tax realized investment gain on our investment portfolio, excluding the net realized investment gain associated with the Closed Block individual disability reinsurance transaction of $1.6 million.
Recent buzzy IPO stock Unity Software disappointed investors with its 2021 sales guidance, which forecast slowing growth. The news drove Unity stock sharply lower on the stock market Friday.
It is well known by now that several companies were particularly well positioned to use the pandemic to their advantage. Peloton (PTON) is a good example. As the populace moved indoors for the majority of 2020, so did people’s workout regimes, which led to outsized demand for Peloton’s stationary bikes. Indeed, Peloton’s FQ2 earnings were much better-than-expected. The company had its first $1 billion sales quarter with revenue hitting $1.06 billion, a 127.3% year-over-year increase and beating the Street’s forecast by $30 million. EPS of $0.18 beat consensus estimates by $0.10. In the quarter, 333,000 new connected fitness subscribers came on board to bring the total to 1.67 million subs, above the Street’s 305,000 new subs estimate. Paid digital subscriptions increased by 472% year-over-year to reach 625,000. Looking ahead to FQ3, Peloton anticipates sales will reach $1.10 billion, above the analysts’ forecast for $1.09 billion. For FY21, the company raised its outlook and now expects at least 123% revenue growth, Peloton’s problem – if you can call it that – is that the growing demand is causing supply chain bottlenecks. Shipping congestion at ports have resulted in long waiting times for its products. To ease near-term logistics headwinds, over the next 6 months, Peloton said it will be investing over $100 million in air freight and expedited ocean freight. By the end of the fiscal year, the company anticipates order-to-delivery times will be normalized. Stifel analyst Scott Devitt applauds the “impressive F2Q results,” and tells investors to focus on the long-term opportunity. “With a path to normalized delivery and growing manufacturing capacity, Peloton is well positioned to deliver strong growth through the balance of the fiscal year,” the 5-star analyst said. “In the long-term, we continue to see a number of opportunities to support sustainable growth as the company expands its product line, develops broader fitness content and enters into new geographies.” To this end, Devitt reiterated a Buy rating on PTON shares along with a $170 price target. This figure implies ~13% upside from current levels. (To watch Devitt’s track record, click here) Overall, Peloton’s growth has inspired confidence in Wall Street’s analysts, and the consensus view here is unanimous: a Strong Buy. The shares are selling for $149.74, and their $162.95 average price target suggests 9% upside from current levels. (See PTON stock analysis on TipRanks) To find good ideas for stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights. Disclaimer: The opinions expressed in this article are solely those of the featured analyst. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment. More recent articles from Smarter Analyst: Dada Group Announces JDDJ’s Sales Report For Chinese New Year Gilead Revenues Increase 26% In Fourth Quarter Driven By Remdesivir Sales Snap Faces A Challenging 1Q; Shares Drop 7.5% After-Hours Pinterest 4Q Earnings Beat Estimates; Shares Pop 11.7% Pre-Market
New York Yankees great Alex Rodriguez has filed with the SEC to raise $500 million in a blank-check initial public offering. The stock's ticker will be SLAM.
On Thursday, Unity Software (NYSE: U) delivered its second quarterly earnings report as a publicly traded company. The video game design platform purveyor still isn't profitable, but it managed to pare its loss and deliver better results than many expected. Revenue for the company's fourth quarter was $220.3 million, 39% higher than the Q4 2019 tally.
Poor earnings hit the bike maker, but a smart deal sent shares of the programmatic ad specialist up.
The forces that benefited shares of companies such as Peloton Interactive and Clorox may not sustain them once the impact of the virus subsides.
Shares of New Relic (NYSE: NEWR) were crushed on Friday after the company released its earnings results for the third quarter of its fiscal 2021. Its operating loss in the third quarter almost doubled from last year, with expenses increasing across the board.
INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Immunovant, Inc.
NEW YORK, NY / ACCESSWIRE / February 5, 2021 / Neste Corp. (FRA:NEF) will be discussing their earnings results in their 2020 Fourth Quarter Earnings call to be held on February 5, 2021 at 3:00 PM Eastern Time.
Quarterly revenue grew to over $1 billion for the first time, but the company revealed some business challenges.
Shares of Twist Bioscience (NASDAQ: TWST) were tanking by 20.2% as of 11:22 a.m. EST on Friday. While Twist's results beat expectations, J.P. Morgan analyst Tycho Peterson nonetheless downgraded the stock to underweight from neutral.
Peloton is making big investments in expanding its manufacturing capacity and warned that it could hit the bottom line in the near term.
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