Midday movers: Container Store, Chevron, Best Buy & more
Take a look at some of Friday's midday movers:
Container Store doubled in its market debut, valuing the retailer at about $1.6 billion.
General Motors gained after the car manufacturer said October U.S. sales rose nearly 16%, double the consensus.
Sony fell after the Japanese electronics retailer cut its full-year forecast. Moody's put its ratings on review for downgrade.
Chevron lost ground after the oil company reported a surprise decline in profit, pressured by weakness in its refining business.
Facebook moved higher. Argus Research upgraded the stock to buy from hold with a $63 price target, saying the social-networking company continues to show new growth drivers to fuel earnings for years to come.
WelllCare Health Plans fell after saying it would replace its CEO and named its chairman as interim chief as it conducts a search. WellCare also reported better-than-expected third-quarter results.
ATMI was halted midday. The maker of materials used in semiconductors and flat-panel displays confirmed media reports that it was exploring strategic alternatives.
Spirit Aerosystems rose after the supplier of aircraft components reported a 10 percent rise in quarterly revenue due to strong demand for commercial aircraft.
Bruker Corp fell after the maker of scientific instruments cut its full-year forecast after reporting weaker-than-expected third-quarter results.
NextEra Energy rose after the utility third quarter profit jumped a better-than-expected 68 percent.
OpenTable declined after Wunderlich Securities downgraded its stock to hold from buy.
Best Buy rose after Goldman raised its price target to $47 from $37 on expectations the consumer-electronic retailer's initiatives will drive sales and margins higher.
Ocwen Financial fell after the mortgage servicer reported lower-than-expected quarterly earnings and revenue due to higher costs.
Mohawk Industries jumped after the flooring maker said third-quarter income jumped 69% as it benefited from acquisitions.
CEC Entertainment lost ground after the operator of Chuck E Cheese restaurants reported weaker-than-expected third-quarter results.
(Read More: See CNBC's Market Insider Blog)
—By CNBC's Rich Fisherman.
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