Dow Jones slips more than 400 points after Aetna downgrade

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Dow Jones slips more than 400 points after Aetna downgrade

The Dow Jones dropped more than 400 points on Friday, with the U.S. stocks trading lower. Here are some big stocks that recorded losses in today s session.

Twist Bioscience Corporation dropped 11.5% to $34.60 after SVB Leerink maintained a Market Perform rating on the stock and lowered its price target from $50 to $45.

CVS Health Corporation dropped 9.2% to $89.46 after the company announced that CMS has downgraded Aetna National PPO. The star rating for the Aetna National PPO will mean that it will no longer be eligible for CMS' quality bonus payments related to 2024.

Lyft, Inc. fell 8.5% to $12.53 after RBC downgraded the stock from Outperform to Sector Perform and lowered its price target from $30 to $16.