Stocks to Watch: CMG, KYAK, PANW & More
Take a look at some of Friday's midday movers:
Chipotle’s disappointing earnings report dragged down other food and restaurant stocks. Whole Foods , Panera Bread , Brinker and Buffalo WildWings all moved lower.
Kayak jumped almost 30 percent as the travel booking website operator made its Wall Street debut.
Palo Alto Networks did even better, soaring more than 39 in its debut. The company is a provider of Web security for businesses.
Apple moved lower after Bernstein analyst Tony Sacconaghi said there was a reasonable probability the company would miss third quarter sales.
Morgan Stanley slipped after CNBC’s Kate Kelly reported the company is in advanced talks with Sovereign Wealth Fund over its commodities unit. Earlier analyst Mike Mayo upgraded the stock two notches to "outperform."
Celgene fell after a European advisory panel decided not to recommend approval of its treatment for t-cell lymphoma. The company said it would appeal.
Vivus losing ground for the second-consecutive day after Citron Research raised questions about its patent protection for its recently approved obesity drug.
NVR rebounded following a 14-percent earnings drop Thursday. Several analysts called the drop-off overdone.
Onyx Pharmaceuticals jumped after the FDA approved its blood cancer drug. Earlier it got a boost when Bristol-Myers Squibb’s rival liver cancer drug failed a Phase 3 trial. Onyx's shares were briefly halted following the announcement.
The Hub Group fell after the freight management company reported lower than expected quarterly earnings and cut its full-year forecast.
Monster Beverage fell for the second-straight day after Nielsen data showed its energy drink prices were down 4.4 percent over the past month.
Sallie Mae rebounded from Thursday’s decline as Janney Capital upgraded the company to "buy" from "neutral."
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