BUZZ-U.S. STOCKS ON THE MOVE-Trevena, Intermap, RR Media, 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) Wall Street was lower on Tuesday after China's weak factory data heightened fears of a slowdown in the world's second-largest economy. The Dow Jones industrial average was down 2.60 percent at 16,098.9, the S&P 500 was down 2.66 percent at 1,919.74 and the Nasdaq Composite was down 2.56 percent at 4,654.325.
** TREVENA INC, $9.33, +55.50 pct
** COLLEGIUM PHARMACEUTICAL INC, $13.2, -12.70 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. [ID:nL4N116505
Shares of Collegium Pharmaceutical, which is developing a rival pain drug, fell.
** GYRODYNE LLC, $28.5, +917.60 pct
The real estate investment trust's shares open at $29.70 and hit high of $30.84 in first day of trading as Gyrodyne LLC, created after merger of Gyrodyne Co of America Inc and subsidiary Gyrodyne Special Distribution LLC. Continued...