GO
Loading...

Midday movers: Tesla Motors, Netflix & Pandora Media

People walk past a Tesla motor company dealership.
Getty Images
People walk past a Tesla motor company dealership.

Take a look at some of Monday midday movers:

Tesla Motors, Netflix, Facebook, Priceline.com and Michael Kors Holdings all took a hit as investors took profits after all four had strong gains over the past year.

Pandora Media - Shares of the provider of online music declined after a Billboard report late Friday that Apple was considering launching a music service.

Gilead Sciences - Shares fell after Rep. Henry Waxman, D-Calif., questioned the price of its Hepatitis C drug Sovaldi.


Alexion Pharmaceuticals - Shares fell on thinking its only approved drug, Soliris, could fall under congressional scrutiny due to its high cost.

Bon-Ton Stores - The department-store operator rose after Buckingham Research said it was an attractive takeover target.

Linn Energy and LinnCo - Both companies fell after being downgraded to neutral from overweight at JPMorgan.

Stratasys - The maker of 3D printers rose after JPMorgan upgraded it to overweight from neutral.

Palo Alto Networks - Shares of the provider of security software fell after it agreed to pay about $200 million for Cyvera, an Israeli cybersecurity company.

Schlumberger - Shares of the provider of oilfield services rose after it projected first-quarter earnings to be higher than a year ago.

Madison Square Garden - Shares fell after the sports-and-entertainment company agreed to acquire a 50 percent stake in Tribeca Enterprises, a film company co-founded by Robert De Niro.


(Read More: See CNBC's Market Insider Blog)

—By CNBC's Rich Fisherman.

Questions? Comments? Email us at marketinsider@cnbc.com

  • Patti Domm

    Patti Domm is CNBC Executive Editor, News, responsible for news coverage of the markets and economy.

  • A CNBC reporter since 1990, Bob Pisani covers Wall Street from the floor of the New York Stock Exchange.

  • CNBC Personal Finance Correspondent

  • JeeYeon Park is a writer for CNBC.com. Follow her on Twitter: @JeeYeonParkCNBC

  • Rick Santelli joined CNBC Business News as an on-air editor in 1999, reporting live from the floor of the Chicago Board of Trade.

  • Senior Producer at CNBC's Breaking News Desk.