BUZZ-U.S. STOCKS ON THE MOVE-Inotek, SanDisk, Flotek, Neos, 3M

Thu Jul 23, 2015 2:23pm EDT
 
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(For faster updates on individual market-movers, Eikon users please use search string "STXBZ US"; for the Day Ahead newsletter, link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/nex49s)

U.S. stocks were lower on Thursday on weak earnings from bellwethers such as 3M and Caterpillar. The Dow Jones industrial average was down 0.52 percent at 17,758.47, the S&P 500 was down 0.40 percent at 2,105.79 and the Nasdaq Composite was down 0.23 percent at 5,159.723.

** INOTEK PHARMACEUTICALS CORP, $15.34, +193.31 pct

The drug developer's lead drug, trabodenoson, ready to enter late-stage trial for testing in glaucoma patients, following feedback from the U.S. FDA.

** FLOTEK INDUSTRIES INC, $17.1, +33.70 pct

Stephens raises price target on the specialty chemicals and drilling equipment distributor after Flotek reports surprise Q2 profit and higher-than-expected revenue on Wednesday.

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