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TOPIC: today's Market Movers October 11 2020

today's Market Movers October 11 2020 2 weeks 1 day ago #384

  • mr.siargao
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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

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Updated TRAVEL REQUIREMENTS in the Province
 Via Surigao and Sayak Airport, and Seaport going to Siargao Island: all of the requirements shall be followed
 Via Sea and Land Travel going to Surigao City, Negative RT-PCR test result is no longer required
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For passengers traveling via airports, and walk-in tourists traveling via seaport, email us your documents a day before your departure:
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