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Midday movers: Weibo, Sabre, Goldman Sachs & More

Sign for Sabre IPO on Nasdaq board
Source: Sabre
Sign for Sabre IPO on Nasdaq board

Take a look at some of Thursday's midday movers:

China's Weibo turned higher after an initial fall after 16.8 million shares were priced at $17.

Sabre opened higher in its Wall Street debut after pricing 39.2 million shares at $16, below the expected $16-$20 range.

Goldman Sachs moved higher after reporting better-than-expected quarterly earnings.

Chipotle Mexican Grill gained ground. The casual restaurant chain raised its full-year sales forecast after reporting better-than-expected quarterly revenue.

Netflix climbed after Pacific Crest upgraded the stock to outperform from sector perform on expectations the company's international growth will accelerate over the next 18 months.

Barnes & Noble fell on news Chairman Leonard Riggio sold 3.7 million shares, reducing his stake in the company to 20 percent.

Teva Pharmaceuticals Industries rose after it settled its Celebrex patent lawsuit with Pfizer, paving the way for it to start selling a generic version in December.

Western Union, Moneygram International and Xoom all moved lower after Wal-Mart Stores said it would launch a domestic money transfer service. Euronet Worldwide, which will run Wal-Mart's new service, gained.

Gogo gained after JPMorgan upgraded the stock to overweight, citing the company's recent stock pullback.

Aspen Insurance fell after adopting a poison pill provision.

Twitter rose after Adweek reported it released a mobile advertising product that will allow app developers to encourage downloads of their programs.

Honeywell International moved lower after reporting mixed first-quarter results. It beat street forecasts on earnings but fell short of revenue forecasts.

UnitedHealth Group fell after it said it has spent more than $100 million to cover the new hepatitis C drug from Gilead Sciences. Rivals WellPoint and Aetna also dropped.

—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 Senior Commodities Correspondent and 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.