— Shares of Expedia fell more than 2% after an analyst at UBS downgraded the travel bookings company to neutral from buy. The analyst said the "risk/reward" outlook for Expedia is "as compelling at current stock price levels as it was in the March to May timeframe."— Atara shares popped more than 4% on the back of positive data from an ongoing Phase 1 study of a drug aimed at treating progressive forms of multiple sclerosis.
The company said the drug was "well tolerated" all trial-participant cohorts, adding that those who "achieved sustained disability improvements at any timepoint maintained it at all future timepoints."— Shares of Sage Therapeutics jumped 4.4% after Wedbush upgraded the biotech firm to outperform from neutral. The Wall Street firm is bullish on Sage's new drug zuranolone, which treats depressive disorders.
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