Stocks making the biggest moves midday: Revolve, Anheuser-Busch, Nordstrom and more

  • 📰 CNBC
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 72%

United States News News

United States United States Latest News,United States United States Headlines

These are the stocks posting the largest moves in midday trading.

in what would be the world's largest initial public offering of the year. The IPO would give Budweiser Asia, which has a portfolio of more than 50 beer brands in the region, a market capitalization of up to $63.7 billion.— Shares of Comerica fell 2% after Goldman Sachs downgraded the stock to sell from neutral and slashed its price target to $70 per share from $86 per share. Goldman Sachs said they were worried about increased pressure on margins in a low rate environment.

— Shares of car auction company fell almost 3% after Guggenheim downgraded the stock to sell from neutral citing "cyclical headwinds" and more competition in the space.

 

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

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.

These five telco stocks may be worth investing in, says Morgan StanleyRevenues at telecommunications companies are set to revive again after years of decline, predicted Morgan Stanley in a Thursday report — that could spell good news for telco stocks. Advice from Morgan Stanley!!! Do the opposite
Source: CNBC - 🏆 12. / 72 Read more »

Stocks relieved at trade truce, bonds step backStocks rallied and bonds retreated in Asia on Monday as a thaw in the Sino-U.S. ... What optimism our stocks have that realDonaldTrump CAN negotiate a good deal. So for the 33453485739487th time, trump has claimed a truce or deal, and stocks rise only to fall further when for the 33453485739488th time reality sets in.
Source: Reuters - 🏆 2. / 97 Read more »

Stocks, Oil, Yuan Rally on Relief at Trade TruceStocks, oil and the Chinese yuan rose Monday, boosted by a temporary cease-fire on trade between Beijing and Washington. Traders and analysts called the moves a relief rally, and cautioned that frictions about commerce between the world’s two largest economies were likely to be long-lasting. 'There is no evil that lasts 100 years' 一、美国能把产品放在中国生产,这很好。二、任何经济活动不因该破坏环境。三、所以经济世界的参与者因该享有基本人权保障和民主生活,且他们必须有可能获得更大的自由。 It’s always had friction but the ignored it. Probably because of some weak CEO who would give away the future of the company for a short term bonus was not a story you that was “fit to print”.
Source: WSJ - 🏆 98. / 63 Read more »

European stocks seen sharply higher after US-China trade truceEuropean markets are expected to surge at Monday's open after U.S. President Donald Trump and Chinese President Xi Jinping agreed to hold off on additional tariffs in a bid to reignite trade talks.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks are surging after Trump strikes a truce in the US-China trade war'Trump and Xi gave investors what they wanted at the G20 meeting in Osaka this Saturday: hope.'
Source: BusinessInsider - 🏆 729. / 51 Read more »