Midday movers: Nike, Karuna Therapeutics and more

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Cummins settlement removes overhang but at higher-than-expected cost - Citi

December 26, 2023 2:25 PM EST

Citi analysts said in a recent note that the Cummins (NYSE: CMI) U.S. Environmental Protection Agency (EPA) settlement removes an overhang for the stock, but it has come at a higher-than-expected cost.

CMI announced Friday that it had reached an agreement in... More

Karuna Therapeutics cut by analysts following news of Bristol-Myers Squibb acquisition

December 26, 2023 11:14 AM EST

Karuna Therapeutics Inc. (NASDAQ: KRTX) was downgraded by analysts at Leerink Partners, H.C. Wainwright and Maxim Group on Tuesday following news that the company will be acquired by Bristol-Myers Squibb (NYSE: BMY)for a total value of... More