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Closing Bell: Bloom Energy Gains, Amgen Lower, Constellation Brands Declines
Description
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostic, Carol Massar and Tim Stenovec
- Bloom Energy (BE) and Everpure shares are rising on Tuesday after S&P Dow Jones Indices said the companies will join the S&P 500 Index, effective prior to the open of trading on Sept. 21.
- Amgen (AMGN) declines after BMO Capital Markets cut its recommendation on the pharmaceutical company to market perform from outperform, while shares in biotechnology companies slumped after Novartis suffered its third clinical-trial setback in a week.
- Constellation Brands (STZ) shares are down as much as 3.7%, to the lowest intraday since April 2020, as CEO Nick Fink and EVP/CFO Garth Hankinson speak at the Barclays consumer conference
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