Loading...
Loading...
Following the market opening Monday morning, the Dow was down about 0.18 percent, or roughly 24.75 points. The NASDAQ fell about 0.70 percent, or 22.28 points, while the S&P traded down 0.29 percent, decreasing 4.26 points.
Shares of Rock-Tenn
RKT continued their rise midway through Monday, trading up 5.98 percent around $72.83 Following an Upgrade at Jefferies & Co. to Class A Buy.
Tivo
TIVO rallied as well, rising 4.39 percent to $9.98 following the announcement that Verizon
VZ will pay Tivo $250.4 million as a settlement in the company's' patent infringement case.
Packaging Corp of America
PKG also rose Monday, up 3.41 percent to $34.90 following an upgrade at BMO Capital Markets.
Questcor Pharmaceuticals
QCOR continued its slide Monday as shares plummeted 33.42 percent to $20.06 following downgrades at Piper Jaffray, Leerink Swann, Oppenheimer, and Ladenburg Thalmann.
Peregrine Pharmaceuticals
PPHMLoading...
Loading...
was also hammered, falling a staggering 75.54 percent to $1.32 following an announcement that it had discovered major discrepancies in its phase 2 data, and that investors should no longer rely on the study.
Vonage Holdings
VG also fell, dropping 5.00 percent to $2.28.
In tech news, Google
GOOG crossed above the $740 line for the first time in its history, and remained up midway through Monday.
In economic reports, the Chicago Fed National Activity Index came in at -0.87, below the -0.12 in July. At 10:30, the Dallas Fed Manufacturing survey was also release, coming in at -0.9, above the expected -2.7, and slightly better than last month's figure of -1.6.
Loading...
Loading...
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Posted In: NewsUpgradesDowngradesFDAGlobalEcon #sEconomicsHotIntraday UpdateMarketsAnalyst RatingsMoversTechTrading Ideas
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in