14-day Premium Trial Subscription Try For FreeTry Free
Berkeley Lights <> was downgraded by Stifel and William Blair after the company lowered their revenue outlook for both 2021 and 2022 and announced a CEO

Why Berkeley Lights Shares Are Falling Today

03:38pm, Thursday, 06'th Jan 2022 Benzinga
Berkeley Lights Inc (NASDAQ: BLI ) is trading lower Thursday after the company announced a CEO transition and reported preliminary financial results. Multiple analyst firms also downgraded the stock Full story available on Benzinga.com

Here is why Berkeley Lights is down 30%

03:30pm, Thursday, 06'th Jan 2022
Berkeley Lights Inc (NASDAQ: BLI) went down 30% after announcing its Chief Executive Officer, Dr. Eric Hobbs will be moving from CEO and a member of the company's BoD to the Antibody Therapeutics dep
RADNOR, Pa., Jan. 06, 2022 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP informs investors that a securities class action lawsuit has been filed in the United States District Court for the Northern District of California against Berkeley Lights, Inc. ("Berkeley Lights") (NASDAQ: BLI ). The action charges Berkeley Lights with violations of the federal securities laws, including omissions and fraudulent misrepresentations relating to the company''s business, operations, and prospects. As a result of Berkeley Lights''s materially misleading statements to the public, Berkeley Lights''s investors have suffered significant losses. CANNOT VIEW THIS VIDEO? PLEASE CLICK HERE CLICK HERE TO SUBMIT YOUR BERKELEY LIGHT S LOSSES LEAD PLAINTIFF DEADLINE: February 7, 2022 CLASS PERIOD: July 17, 2020 through September 14, 2021 CONTACT AN ATTORNEY TO DISCUSS YOUR RIGHTS : James Maro, Esq. (484) 270-1453 or Toll Free (844) 887-9500 or Email at [email protected] BERKELEY LIGHTS''S ALLEGED MISCONDUCT Berkeley Lights, headquartered in Emeryville, California, is a digital cell biology company that focuses on enabling and accelerating the rapid development and commercialization of biotherapeutics and other cell-based products.
Futures Steady After Fed-Inspired Rout As Tech, Bitcoin Slide Continues US equity futures were little changed after earlier swings as traders digested hawkish Fed minutes that sparked a global stock rout on Wednesday. As discussed yesterday, minutes from the Feds December meeting showed a growing preference for a faster path of rate hikes and a shrinking of the banks balance sheet (one which would lead to yet another market crash and even more stimulus). However, while rising rates is terrible news for tech and high duration names, it''s good news for the value sector, and investors bet while the Fed''s faster-than-expected policy tightening (which will lead to faster than expected easing) may crimp highly valued technology stocks it will offer opportunities in other equity sectors, and sure enough with Nasdaq futures bombing again, energy names like Exxon are at 2 year highs. Treasury yields extended a spike, with the 10Y rising to 1.75%, the dollar was unchanged and bitcoin''s plunge continued even though the selling in stocks has subsided.
The stock price of Berkeley Lights Inc (NASDAQ: BLI) fell by over 35% during intraday trading today. This is why it happened.
By Matt Grossman Berkeley Lights Inc. shares fell 28% in premarket trading Thursday after the company estimated that its full-year revenue last year was
Berkeley Lights Inc (BLI) shares closed 3.7% lower than its previous 52 week low, giving the company a market cap of $1B. The stock is currently up 0.9% year-to-date, down 78.0% over the past 12 months, and down 72.0% over the past five years. This week, the Dow Jones Industrial Average rose 1.1%, and the S&P 500 rose 0.1%. Trading Activity Trading volume this week was 15.6% lower than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.4. Technical Indicators The Relative Strength Index (RSI) on the stock was between 30 and 70.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Information Technology industry sector , lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by -128.5% The company's stock price performance over the past 12 months lags the peer average by 476.4% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.
Berkeley Lights Inc. shares dropped in the extended session Wednesday after the biotech drug developer said it is looking for a new chief executive and forecast revenue below Wall Street estimates.
ARK Genomic ETF: Likely Economic Victim With Low Institutional Interest
Berkeley Lights, Inc. (BLI) CEO Eric Hobbs on Q3 2021 Results - Earnings Call Transcript
Berkeley Lights, Inc. (BLI) delivered earnings and revenue surprises of -30.43% and 3.57%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stoc

Berkeley Lights Investor Alert

06:46pm, Monday, 18'th Oct 2021
Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Berkeley Lights To Contact Him Directly To Discuss Their OptionsNew York, New York--(New
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE