November 9, 2018 / 3:06 PM / 6 months ago

BUZZ-U.S. STOCKS ON THE MOVE-Michael Kors, Revlon, Yelp, General Electric

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U.S. stocks opened lower on Friday, as a batch of weak Chinese data raised
concerns about global growth a day after the Federal Reserve hinted at gradual
tightening of borrowing costs.
    At 9:48 ET, the Dow Jones Industrial Average was down 0.53 percent at
26,051.82. The S&P 500 was down 0.68 percent at 2,787.64 and the Nasdaq
Composite was down 1.09 percent at 7,448.863.
 
 The top three S&P 500 percentage gainers:
 ** EQT Corporation, up 5.3 pct
 ** Mettler-Toledo International Inc, up 3 pct
 ** NRG Energy Inc, up 2.9 pct
 
 The top three S&P 500 percentage losers:
 ** Activision Blizzard Inc, down 14 pct
 ** Centurylink Inc, down 13.9 pct
 ** PG&E Corp, down 10 pct
 
 The top three NYSE percentage gainers:
 ** Avalon Holdings, up 20.9 pct
 ** Revlon Inc, up 15.6 pct
 ** Hertz Global Holdings Inc, up 13.1 pct
 
 The top three NYSE percentage losers:
 ** Sanchez Midstream Partners LP, down 33.8 pct
 ** Yelp Inc, down 28.6 pct
 ** Adient Plc, down 21.5 pct
 
 The top three Nasdaq percentage gainers:
 ** Pro-Dex Inc, up 29 pct
 ** Universal Electronics Inc, up 23.1 pct
 ** NanoString Technologies Inc, up 17.6 pct
 
 The top three Nasdaq percentage losers:
 ** InnerWorkings Inc, down 40.2 pct
 ** Motorcar Parts of America Inc, down 36.2 pct
 ** Asure Software Inc, down 28.5 pct
  
 ** Yelp Inc: down 28.6 pct BUZZ-Plunges on forecast cut, revenue miss

 
 ** Safe Bulkers Inc: down 0.4 pct BUZZ-Jefferies raises to "buy", says
bulk season has arrived
 
 ** Achaogen Inc: down 5.7 pct 
 BUZZ-Cowen cuts rating on weak Q3 results
 
 ** Procter & Gamble Co: up 0.2 pct 
 BUZZ-Complete overhaul but is it enough? - Wells Fargo
 
 ** Mr. Cooper Group Inc: up 1.9 pct 
 BUZZ-Barclays sees upside potential
    
 ** New Age Beverages Corp: down 20.8 pct 
 BUZZ-Tumbles on plans for a stock deal
 
 ** Party City Holdco Inc: up 5.1 pct 
 BUZZ-Barclays upgrades rating after better results
 
 ** Activision Blizzard Inc: down 13.9 pct 
 BUZZ-Set for worst day in 10 years after disappointing forecast
 
 ** Trade Desk Inc: down 3.3 pct 
 BUZZ-Weak Q4 forecast clouds otherwise strong results
 
 ** Finisar Corp: up 14.9 pct 
 BUZZ-Jumps on deal to be acquired by II-VI
 
 ** L Brands Inc: down 1.2 pct 
 BUZZ-KeyBanc upgrades L Brands on expectations of better profits
 
 ** Synaptics Inc: up 6.4 pct 
 BUZZ-Rises as Q1 results top estimates
 
 ** Michael Kors Holdings Ltd: down 1.6 pct 
 BUZZ-CS downgrades on weak Q2 results
 
 ** Skyworks Solutions Inc: down 7.1 pct 
 BUZZ-Eyes two-year low on weak forecast
 
 ** Carlyle Group LP: up 0.2 pct 
 BUZZ-Up on acquiring stake in CommScope
   
 ** CenturyLink Inc: down 13.9 pct 
 BUZZ-Falls after Q3 revenue disappoints
 
 ** Sierra Wireless Inc: down 17.4 pct 
 BUZZ-On pace to erase YTD gains as China tariffs hit forecast
 
 ** General Electric Co: down 4.0 pct 
 BUZZ-At 10-yr low after top analyst sets Street-low PT
 
 ** Karyopharm Therapeutics Inc: up 3.5 pct 
 BUZZ-Wedbush upgrades to 'outperform'
 
 ** AcelRx Pharmaceuticals Inc: down 17.4 pct 
 BUZZ-Drops on planned $40 mln stock deal to fund opioid drug
 
 ** Potbelly Corp: down 8.1 pct 
 BUZZ-Eyes record low on surprise Q3 comp sales drop
 
 ** Revlon Inc: up 15.6 pct 
 BUZZ-Rises on new restructuring plan, smaller Q3 loss
 
 ** Apollo Endosurgery Inc: down 27.0 pct
 BUZZ-Tumbles on revenue miss, wider-than-expected loss
 
 ** Omeros Corp: down 16.0 pct
 BUZZ-Falls on Q3 report, $210 mln convertible debt deal
 
 ** Pretium Resources Inc: up 5.1 pct
 BUZZ-Up on Q3 profit beat
 
 ** Avalon Holdings Corp: up 16.1 pct 
 BUZZ-Rises on strong Q3 results
    
 The 11 major S&P 500 sectors:
 
 Communication Services             down 0.76 pct
 Consumer Discretionary             down 0.80 pct
 Consumer Staples                   up 0.50 pct
 Energy                             down 1.99 pct
 Financial                          down 0.54 pct
 Health                             down 0.39 pct
 Industrial                         down 0.63 pct
 Information Technology             down 1.20 pct
 Materials                          down 1.00 pct
 Real Estate                        up 0.23 pct
 Utilities                          up 0.08 pct
 
 (Compiled by Manogna Maddipatla)
  
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