UBER - Hot Stocks: C downgrade; UBER raises guidance; TPTX executive departure; LLNW rallies on M&A

Macro concerns dominated Monday's trading, but some big-name stocks still drew attention for individual stories. This included Citigroup (NYSE:C), which lost ground in the wake of an analyst's downgrade. Uber (NYSE:UBER) was also in the spotlight. The stock jumped at the outset of trading on raised Q1 guidance, although it had returned most of those gains by the middle of the day, as the overall market deteriorated. Turning Point Therapeutics (NASDAQ:TPTX) drew attention on the departure of one of its top executives, sparking a sizable decline in the stock. Meanwhile, Limelight Networks (NASDAQ:LLNW) rallied on a merger deal that will make Yahoo a major investor in the firm.  Decliners Citigroup (C) took a step down in intraday trading after Jefferies withdrew its bullish stance on the banking giant. The firm downgraded its rating on C to Hold from Buy, saying the company's targets for return on tangible common equity are

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Hot Stocks: C downgrade; UBER raises guidance; TPTX executive departure; LLNW rallies on M&A