Stocks to Watch: JPM, BKW, CHK & More
Take a look at some of Wednesday's midday movers:
JP Morgan moved higher after CNBC’ Kate Kelly reported the bank has sold as much as 70 percent of its controversial “London Whale” position.
Burger King also higher as it began trading as a public company on the NYSE.
Chesapeake Energy jumped on rumors Sinopac was interested in making a large investment in the company.
Tesla gained ground as Goldman Sachs boosted its 6 month price target 39 percent to $50 a share.
Conagra lost ground. The company said a lawsuit that claims its Hebrew National hot dogs are not kosher is without merit.
Ethan Allen fell after comments at an investor gathering that traffic has slowed since mid-May.
ConocoPhillips moved lower after Goldman Sachs downgraded the company to sell from neutral based on its stock price.
Apple fell after a Dutch court ordered it to pay damages to Samsung over a patent violation.
Navistar down after it adopted a poison pill plan aimed at keeping outsiders from gaining more than a 15 percent stake in the company.
Questions? Comments? Email us at marketinsider@cnbc.com
