Stocks to Watch: Skullcandy, First Solar, Flowers Foods and More...
Stocks opened higher Wednesday, after breaking a three-day rally in the previous session, as investors were encouraged by several positive earnings news from big retailers.
The Dow Jones Industrial Average opened higher after snapping a three-day rally in the previous session.
Here are six stocks that are on the move:
Skullcandy
The headphones manufacturer, a month after going public, said it expected one-time expenses of $6.7 million in the third quarter stemming partly from its IPO.
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First Solar
The solar company was in the red after announcing one of the company's top executives and former CFO will leave the company next month. The stock was also removed from the conviction buy list at Goldman.
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Cinemark Holdings
The movie theatre owner was upgraded to buy from neutral at Lazard Capital.
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Hain Celestial
The organic food company was upgraded to outperform from sector perform at RBC Capital markets.
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Madison Square Garden
The sports and entertainment corporation was downgraded to hold from buy at Stifel Nicolaus.
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Flowers Foods
The bakery foods producer fell today after it lowered its 2011 earnings outlook.
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