Stocks trending after hours: Goldman Sachs, Lyft, Mind Medicine and more

Goldman Sachs (gs), Morgan Stanley (SM), Bank of America (bin), Citigroup (VS, Wall Street banks were hit on Tuesday with $ 1.8 billion in fines linked to an investigation into how the companies failed to track employee use of the unauthorized messaging app. The Securities and Exchange Commission announced that 16 companies, including Goldman Sachs, Citigroup, Bank of America and Morgan Stanley, will have to pay $ 1.1 billion in fines. The Commodity Futures Trading Commission has announced fines totaling $ 710 million against 11 banks.

mental therapy (MNMD, The biopharmaceutical company announced a proposed public offering of common stock. RBC Capital Markets and Cantor act as co-lead accountants for the offering. The shares fell more than 30% following a Bloomberg report that it would offer shares at $ 4.25 each.

to lift (get up, According to the New York Post, the transit company is freezing all hiring in the United States due to the recent drop in stocks and the economic downturn. Lyft shares have fallen 68% so far this year.

Blue raspberry (baby, Shares fell more than 2% after BlackBerry’s second-quarter revenue exceeded Wall Street expectations. Sales fell 4% to $ 168 million for the quarter. Revenues from its Internet of Things (IoT) unit increased 28% from a year ago to $ 51 million, while cybersecurity sales totaled $ 111 million.

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