INNV - Hot Stocks: INNV continues fall; DIDI stops employee stock sales; COVID hits cruise stocks; LUCD gets Buy rating
Analyst comments factored heavily in Monday's midday action. InnovAge (NASDAQ:INNV) added to last week's losses following a downgrade, while Lucid Diagnostics (NASDAQ:LUCD) got a lift from a newly instated Buy rating. In other news, DiDi Global (NYSE:DIDI) suffered additional selling pressure on word that it has ordered employees not to sell stock. Elsewhere, cruise stocks lost ground amid renewed COVID concerns, with losses posted by Norwegian Cruise Line (NYSE:NCLH), Royal Caribbean (NYSE:RCL) and Carnival (NYSE:CCL). Decliners DiDi Global (DIDI) dropped nearly 3% in intraday action, dragged down by reports that it has halted insider selling of its shares. According to the Financial Times, the China-based ride-hailing service, which plans to delist from the NYSE under pressure from Chinese regulators, has stopped current and former employees from selling shares. An analyst's downgrade sent InnovAge (INNV) spiraling by nearly 12% in intraday action. Barclays cut its rating on the stock to Equal
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Hot Stocks: INNV continues fall; DIDI stops employee stock sales; COVID hits cruise stocks; LUCD gets Buy rating