Stocks to Watch: Corning, AFLAC and More ...
Stocks slumped despite an unexpected jump in consumer confidence, and amid a slew of big earnings releases, a day after the Dow reached new highs.
The Dow Jones Industrial Averagefell more than 30 points after coming within 20 points of 12,000on Monday, hitting a new two-and-a-half year high.
So which individual stocks are worth watching today? Here are six that are on the move:
Corning Inc.
The telecommunications equipment company was up more than 5 percent Tuesday and trading at levels not seen since August 2008.
----------
World Wrestling Entertainment Inc
The entertainment company was downgraded to neutral from outperform at Wedbush Securities. The firm said it sees weak business momentum.
----------
Baker Hughes Inc
The oil equipment and service company was up more than 4 percent Tuesday and trading at levels not seen in nearly three years.
-----------
Adobe Systems Inc
The software company was downgraded to neutral from overweight at Piper Jaffray.
-----------
AFLAC Incorporated
The life insurance company was trading at levels not seen since October 2008.
-----------
Genco Shipping & Trading Ltd
The transportation company was downgraded to hold from buy at Deutsche Bank. The shares were sinking Tuesday and down more than 7 percent.
______________________________
Get the latest stock picks on the CNBC Stock Blog, and see what analysts and others are watching before the bell each day at Analyst Watch.
