— Shares of the winemaker dropped 8% after being downgraded by JPMorgan to neutral from overweight.
JPMorgan said it still likes Duckhorn, calling the company's long-term and operational performance track record since its initial public offering "impressive." However, the firm is concerned Duckhorn's guidance could disappoint.
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:
United States United States Latest News, United States United States 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 Midday: Twilio, Starbucks, Nikola, Moderna and MoreThese are the stocks posting the largest moves in midday trading.
Source: nbcchicago - 🏆 545. / 51 Read more »
Stocks Making the Biggest Moves Premarket: Rail Stocks, Arconic, NextEra Energy and MoreThese are the stocks posting the largest moves before the bell.
Source: nbcsandiego - 🏆 524. / 51 Read more »
Stocks Making the Biggest Moves After Hours: NextEra, Danaher, Rhythm Pharmaceuticals and MoreThese are the stocks posting the largest moves in extended trading.
Source: nbcsandiego - 🏆 524. / 51 Read more »
Stocks Making the Biggest Moves Premarket: SoFi, Nucor, Starbucks, CSX & MoreThese are the stocks posting the largest moves in premarket trading.
Source: NBCDFW - 🏆 288. / 63 Read more »