PacBio, Myriad Genetics, LeMaitre, Hims & Hers Health, and GoodRx Shares Are Falling, What You Need To Know
Market Intelligence Analysis
AI-PoweredStocks including PacBio, Myriad Genetics, LeMaitre, Hims & Hers Health, and GoodRx are falling due to a hotter-than-expected wholesale inflation report, which suggests persistent price pressures.
Market impact analysis based on bearish sentiment with 90% confidence.
Article Context
A number of stocks fell in the afternoon session after a surprisingly hot wholesale inflation report fueled investor concerns about persistent price pressures. The Producer Price Index (PPI), a key measure of inflation at the wholesale level, increased by 0.5% in January, significantly higher than the 0.3% anticipated by economists. More concerning was the core PPI, which excludes volatile food and energy prices, as it surged by 0.8%, far exceeding the expected 0.3% rise. This data suggests that
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