Tencent Music, Baudax Bio, Novavax

The S&P 500 hit a record high on Tuesday as belief in the U.S. economy helped investors shrug off concerns about travel disruptions and store closures caused by Omicron, following a four-day rally for stocks US in an environment of low trading volumes.

As of 12:37 p.m. ET, the Dow Jones Industrial Average (.DJI) was up 0.13% at 36,348.4. The S&P 500 (.SPX) was down 0.18% at 4,782.67 and the Nasdaq Composite (.IXIC) was down 0.56% at 15,781.682.

**Vipshop Holdings Ltd (VIPS.N): 5.1% BUZZ-Drops as Q4 revenue outlook disappoints

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** Riot Blockchain Inc (RIOT.O): down 9.8%

** ProShares Bitcoin Strategy ETF: down 7.1%

** Canaan Inc (CAN.O): 7.5% drop in BUZZ-Bitcoin drop knocks crypto stocks down

** Flotek Industries Inc (FTK.N): Up 56.1% BUZZ-Surges Over 50% on Potential Supply

** BiondVax Pharmaceuticals: BUZZ-Surges up 6.4% as ex-GSK executive joins board

**ADDvantage Technologies Group Inc (AEY.O): Up 15.2% BUZZ-Soars After Positive Q4 Results

** Tencent Music Entertainment Group (TME.N): down 1.2% BUZZ – Regulatory changes could impact Tencent Music – Benchmark; starts with “hold”

** Kiniksa Pharmaceuticals Ltd (KNSA.O): BUZZ-Falls 2.0% drop as COVID-19 treatment fails late-stage trial

** iQIYI Inc (IQ.O): down 4.0% BUZZ-iQIYI growth outlook uncertain due to China scrutiny – Benchmark

The manufacturer of BUZZ-EV Arrival accelerates the ground tests of its electric bus

** Kandi Technologies Group Inc (KNDI.O): +8.8%

BUZZ-Soars as a subsidiary starts mass production of LFP batteries

** Baudax Bio Inc (BXRX.O): down 24.4%

BUZZ-Dives on $4.2M Recorded Direct Deal

** FactSet Research Systems Inc (FDS.N): +0.4%

BUZZ-RBC sees strategic benefits for FactSet from CUSIP deal

** Vista Outdoor Inc (VSTO.N): up 3.0%

BUZZ-Gains on Deal to Buy Hunting Gear Maker Stone Glacier

** Peloton Interactive Inc (PTON.O): down 3.2%

BUZZ-Peloton could see demand calm down in December qtr -Raymond James

** Novavax Inc (NVAX.O): +0.6%

BUZZ-Rises on India’s COVID-19 Vaccine Authorization

** RR Donnelley & Sons Co (RRD.N): down 1.0%

BUZZ-RR Donnelley down after reporting system breach

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Compiled by Ananya Mariam Rajesh in Bangalore

Our standards: The Thomson Reuters Trust Principles.