The Latest Breaking News from Nasdaq

Jazz Pharmaceuticals plc (NASDAQ:JAZZ) has acquired development and commercialization rights in the U.S., Europe, and other territories for Sumitomo Pharma's investigational DSP-0187. DSP-0187 is a potent, highly selective oral orexin-2 receptor agonist with potential application for treating narcolepsy, idiopathic hypersomnia, and other sleep disorders.  Jazz has designated this molecule JZP441. Sumitomo Pharma initiated a Phase…

Athersys (NASDAQ:ATHX) is set to give its latest quarterly earnings report on Friday, 2022-05-06. Here's what investors need to know before the announcement. Analysts estimate that Athersys will report an earnings per share (EPS) of $-0.10.

Capital Product Partners (NASDAQ:CPLP) is set to give its latest quarterly earnings report on Friday, 2022-05-06. Here's what investors need to know before the announcement. Analysts estimate that Capital Product Partners will report an earnings per share (EPS) of $0.95.

Wells Fargo has decided to maintain its Overweight rating of Morphic Holding (NASDAQ:MORF) and lower its price target from $81.00 to $79.00. Shares of Morphic Holding are trading down 3.76% over the last 24 hours, at $33.25 per share.

Ruth's Hospitality Group (NASDAQ:RUTH) is set to give its latest quarterly earnings report on Friday, 2022-05-06. Here's what investors need to know before the announcement. Analysts estimate that Ruth's Hospitality Group will report an earnings per share (EPS) of $0.30.

Hostess Brands (NASDAQ:TWNK) has observed the following analyst ratings within the last quarter:

Raymond James has decided to maintain its Outperform rating of Upland Software (NASDAQ:UPLD) and lower its price target from $30.00 to $24.00. Shares of Upland Software are trading down 10.11% over the last 24 hours, at $13.91 per share.

B of A Securities downgraded its rating of Sprouts Farmers Market (NASDAQ:SFM) to Underperform with a price target of $25.00, changing its price target from $40.00 to $25.00. Shares of Sprouts Farmers Market are trading down 23.11% over the last 24 hours, at $24.11 per share.

Piper Sandler has decided to maintain its Overweight rating of eBay (NASDAQ:EBAY) and lower its price target from $68.00 to $63.00. Shares of eBay are trading down 9.28% over the last 24 hours, at $49.37 per share. A move to $63.00 would account for a 27.61% increase from the current…

Match Group (NASDAQ:MTCH) has outperformed the market over the past 5 years by 20.1% on an annualized basis producing an average annual return of 31.7%. Currently, Match Group has a market capitalization of $21.62 billion.

Shares of several companies in the broader tech sector, including Advanced Micro Devices, Inc. (NASDAQ: AMD), are trading lower amid overall weakness as traders continue to digest Wednesday's Fed rate hike announcement. An increase in yields has pressured tech and growth stocks.