Dear friends,
Here is the news of the top of today's Market Movers (Part 2 of 2)

? $MRK (Merck) 0.02%
Reversed early declines to trade little changed after officially asking the Food and Drug Administration to grant emergency use authorization to its experimental covid-19 antiviral treatment – an oral medication that could be promising in the global fight against the coronavirus pandemic.

? $SOFI (SoFi Technologies Inc) 3.39%
Higher after Morgan Stanley initiated coverage with an “overweight” rating, pointing to a “powerful revenue growth story”.

? $HOOD (Robinhood Markets Inc.) -1.77%
Trading lower after an SEC filing detailed higher risks of increased regulation on cryptocurrency trading as well as possible new rules for payment for order flow.

? $PTGX (Protagonist Therapeutics Inc) 86.24%
Announced the removal of FDA Clinical Hold on its Rusfertide Clinical Development Program.

? $LUV (Southwest Airlines Co) -2.73%
Sharply lower after canceling as many as 1,800 flights over the weekend, citing bad weather, air traffic control issues and staff shortages. Southwest disputed speculation that its high level of cancellations compared to other airlines was due to employee protests of a Covid-19 vaccine mandate

by : @Kainite - www.etoro.com/people/kainite
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