Avalon Hernell
Reporter for Bloomberg News who provides concise market updates and company-specific summaries on the Stock Movers segment.
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Mar 24, 2026 • 3min
Concentrix Falls, Jefferies Mixed, ImmunityBio Down as FDA Issues Warning Letter on Cancer Claims
Avalon Hernell, Bloomberg reporter who delivers quick market rundowns. She covers Concentrix’s weaker Q2 forecast and EPS miss that sent shares lower. She discusses mixed moves around Jefferies tied to takeover chatter and strategic stakes. She also breaks down ImmunityBio’s steep sell-off after an FDA warning about promotional claims.
