Company News For Jun 19, 2018

• JD.com, Inc.’s JD shares increased 0.4% on news that Alphabet, Inc. GOOGL was making an investment of $550 million in the Chinese e-commerce giant.

• Shares of Valeant Pharmaceuticals International, Inc. VRX declined 12.3% after one of its lotions intended to treat plaque psoriasis failed to earn approval from the Food and Drug Administration.

• Solid Biosciences Inc.’s SLDB shares jumped 10.9% after the company announced that the Food and Drug Administration had lifted the clinical hold on its treatment for Duchenne muscular dystrophy

• Shares of Tesla, Inc. TSLA rose 3.5% after its CEO Elon Mask unveiled the company’s new production line in a tweet over the weekend

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