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Bristol-Myers Squibb saw a 3% surge in its stock price after the FDA approved a new schizophrenia drug, Cobenfy. Novo Nordisk’s shares slipped 2.9% due to lower sales expectations for the quarter. Costco Wholesale missed fourth-quarter revenue expectations, leading to a 1.7% decline in its stock. Super Micro Computer rebounded with a 3% gain after a recent probe by the Justice Department. Cassava Sciences fell 11% following a $40 million settlement with the SEC over misleading statements. Wynn Resorts’ stock rose by 6% after an upgrade from Morgan Stanley, citing stability in Las Vegas operations. HP Inc. dropped more than 3% after a downgrade from Bank of America. Amgen saw a 2% increase in its shares after an overweight rating from Cantor Fitzgerald. Rocket Lab U.S.A. surged 16% following a price target increase from KeyBanc Capital Markets.

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