EQRx, Inc. (EQRX) Tops Q3 EPS by 3c

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Go back to EQRx, Inc. (EQRX) Tops Q3 EPS by 3c

EQRx (EQRX) downgraded at Goldman Sachs on regulatory challenges

November 11, 2022 1:14 PM EST

(Updated - November 11, 2022 1:14 PM EST)

EQRx (NASDAQ: EQRX) shares have been downgraded to Neutral from Buy, with its price target cut to $5 from $8 per share by Goldman Sachs following its third-quarter results released before the open on Thursday.

The company topped earnings expectations, but its shares plunged over 28% following the release, while it is down a further 1.9% so far Friday.

Goldman... More