Top Midday Decliners

MT Newswires Live01-04

HWH International (HWH) shares slumped 31% after the company said Friday it priced a public offering of about 3.2 million common shares at $0.40 per share and about 1.3 million pre-funded warrants to purchase common shares at $0.3999 per warrant.

More than 5.8 million shares traded intraday versus a daily average of about 843,000.

Shares of alcohol beverage makers, including Molson Coors Beverage (TAP), fell after US Surgeon General Vivek Murthy released an advisory outlining the direct link between alcohol consumption and an increased risk of cancer and called for cancer warnings on alcoholic drinks.

Molson shares were down 4% intraday, with trading volume at more than 1.7 million compared with a daily average of 1.68 million.

UBS adjusted its price target on Adobe (ADBE) to $475 from $525, while keeping its neutral rating.

Shares retreated 2.1% as intraday trading volume climbed to more than 3.5 million from a daily average of roughly 3.46 million.

Price: 0.45, Change: -0.20, Percent Change: -30.51

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment