Apple, Walt Disney Share Losses Lead Dow's 50-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.

Apple, Walt Disney Share Losses Lead Dow's 50-point Drop

3:03 pm ET November 29, 2022 (MarketWatch) Print

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

Shares of Apple and Walt Disney are trading lower Tuesday afternoon, sending the Dow Jones Industrial Average into negative territory. The Dow was most recently trading 59 points, or 0.2%, lower, as shares of Apple (AAPL) and Walt Disney (DIS) have contributed to the index's intraday decline. Apple's shares are off $3.56, or 2.5%, while those of Walt Disney are down $1.61 (1.7%), combining for an approximately 34-point drag on the Dow. Also contributing significantly to the decline are Visa (V), Salesforce (CRM), and UnitedHealth (UNH). A $1 move in any of the Dow's 30 components equates to a 6.59-point swing.

Data source: Dow Jones Market Data, FactSet. Data compiled November 29, 2022.

(END) Dow Jones Newswires

November 29, 2022 15:03 ET (20:03 GMT)