Stocks making the biggest moves midday: Lyft, Cisco, Fossil, Penn National, Micron & more

  • 📰 CNBC
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

Take a look at the stocks making headlines in midday trading.

of Penn National Gaming with a buy rating, citing the casino stock's partnership with Barstool Sports as a major growth area. Goldman slapped a $60 per share price target on the stock, implying more than 20% upside over the next 12 months.

— The semiconductor stock lost more than 3% after Deutsche Bank downgraded the stock to hold from buy. The firm said in a note that channel checks showed weak demand for company's products in the coming quarters. "While we continue to like the secular story of MU and the memory industry, we tactically step to the sidelines until we get more clarity about the magnitude and duration of the current downturn," Deutsche Bank said in a note.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

So are there any stocks that are not the most hyped? I think i have seen a bunch of very high performing stocks, but I think it's safe to say that there are quite a few undervalued stocks.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks making the biggest moves after hours: Lyft, Cisco, Vroom & moreCheck out the companies making headlines after the bell on Wednesday.
Source: CNBC - 🏆 12. / 72 Read more »

Options traders bet on even more pain for Lyft after earningsLast week's bullish bets on Lyft into earnings have turned bearish after Uber's disappointing results. Here's what the options market says is coming next. Options on $RKT open today Glad I just cut my losses and got rid of it 37$ AH...
Source: CNBC - 🏆 12. / 72 Read more »

Lyft revenue and riders slashed by more than half, but layoffs save earningsLyft Inc.'s riders and revenue were more than cut in half in a pandemic-dominated second quarter, but the company's layoffs helped it top expectations for... Wait until September, the furloughs kick into high gear then. A cold cold Christmas is on the horizon. Black Friday will have new meaning.
Source: MarketWatch - 🏆 3. / 97 Read more »

Lyft president threatens shut down in California over driver status ruling - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Go ahead.. Freaking state of California and freaking LorenaSGonzalez and GavinNewsom already cost Californians hundreds of thousands of contractor jobs and will cost hundreds of thousands more. 🤬 RepealAB5 AB5 SAI GavinNewsom easy, just help us to build a Caluber/Calyft app and we'll do the rest...
Source: BusinessInsider - 🏆 729. / 51 Read more »