BUZZ-U.S. STOCKS ON THE MOVE-Axion, Trevena, Netflix, Dollar Tree
(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. stock index futures fell sharply on Tuesday after data showed that China's manufacturing sector shrank at its fastest pace in three years and its services sector also showed signs of cooling. Dow Jones industrial average futures were down 2.62 percent at 16,076, S&P 500 futures were down 2.65 percent at 1,917 and Nasdaq 100 futures were down 2.73 percent at 4,155.
** AXION POWER INTERNATIONAL INC, Monday close $2.55, -20.78 pct
The lead-carbon battery maker said it received a notification from Nasdaq that it fell short of the minimum $2.5 mln stockholders' equity for continued listing.
** TREVENA INC, Monday close $6, +34.17 pct
The drug developer said on Monday its experimental painkiller met main goal of reducing post-operative pain compared with placebo in a mid-stage study.
Wedbush Securities raises price target to $20 from $15, Cowen & Co increase by $1 to $14.