Top Midday Decliners

MT Newswires Live10-20

OpenWorld (OPNW) signed a definitive merger agreement to acquire Blocksight and said it expects the deal to serve as the operating foundation for its tokenized financing programs in infrastructure and energy.

OpenWorld shares fell 23%, with intraday trading volume of over 184,000, versus a daily average of about 289,000.

Piper Sandler downgraded Hudson Pacific Properties (HPP) to neutral from overweight, with a price target of $13. Hudson Pacific Properties said last week on Thursday that it completed the sale of Skyport Plaza, a 419,000-square-foot office building in North San Jose, California, for $75.5 million.

Shares retreated 11% amid intraday trading volume of over 753,000, up from a daily average of about 695,000.

EyePoint (EYPT) said it plans to cut 53% of its workforce and conclude the pivotal phase 3 wet age-related macular degeneration trials early, without full completion of the second year of each trial.

The company's shares fell 86% amid intraday trading volume of over 161 million, compared with a daily average of about 4 million.

Price: 2.04, Change: -0.62, Percent Change: -23.31

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