Walt Disney, Dow Share Losses Lead Dow's 619-point Drop

Silk Road Medical Inc

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Health Care : Health Care Equipment & Supplies | Small Cap Blend

Company profile

Silk Road Medical, Inc. is a medical device company, which is focused on reducing the risk of stroke and its devastating impact. The Company has discovered an approach for the treatment of carotid artery disease called TransCarotid Artery Revascularization (TCAR), which relies on two concepts: minimally invasive direct carotid access in the neck and high-rate blood flow reversal during the procedure to protect the brain and combines the benefits of innovative endovascular techniques with fundamental surgical principles. The Company's ENROUTE Transcarotid Neuroprotection System (NPS) and ENROUTE Transcarotid Stent System are the products for use in TCAR. Its ENROUTE Transcarotid Stent System is placed during a period of temporary high-rate blood flow reversal, which is enabled by its ENROUTE Transcarotid NPS. It markets and sells its products in the United States through a direct sales organization consisting of approximately 64 sales representatives and 62 clinical support specialists.

Walt Disney, Dow Share Losses Lead Dow's 619-point Drop

3:41 pm ET November 9, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Walt Disney and Dow are seeing declines Wednesday afternoon, leading the Dow Jones Industrial Average selloff. Shares of Walt Disney (DIS) and Dow (DOW) are contributing to the blue-chip gauge's intraday decline, as the Dow was most recently trading 619 points (1.9%) lower. Walt Disney's shares have fallen $12.88 (12.9%) while those of Dow are down $2.04, or 4.1%, combining for an approximately 98-point drag on the Dow. Also contributing significantly to the decline are Chevron (CVX), Visa (V), and Apple (AAPL). A $1 move in any one of the 30 components of the Dow equates to a 6.59-point swing.

Data source: Dow Jones Market Data, FactSet. Data compiled November 9, 2022.

(END) Dow Jones Newswires

November 09, 2022 15:41 ET (20:41 GMT)