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Stocks to Watch: GRPN, FB, AAPL & More

Friday, 17 Aug 2012 | 12:03 PM ET

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

Groupon hit a record low as Evercore Partners downgraded the stock to "underweight" from "equalweight."

Facebook hit fresh lows as its insider share lockup expired on Thursday.

Apple hit an all-time high as Jefferies raised its price target to $900 from $800 a share.

Ann moved higher after the parent of Ann Taylor Stores reported better-than-expected quarterly earnings.

Caterpillar rose after the company said sales increased by 14 percent over the past three months.

McKesson lost ground after Morgan Stanley downgraded the stock to "equalweight," citing fewer new exclusive generic drugs.

Krispy Kreme gained ground after Wedbush began coverage with an "outperform" rating and a $9 price target. It said it sees international earnings more than doubling within five years.

Vivus moved lower after Jefferies downgraded the stock to "underperform" from "hold," citing generic competition.

Francesca’s hit a new high as Janney initiated coverage on the boutique retailer with a "buy" rating and $38 price target.

Molycorp hit a new low as the rare earth miner was downgraded by Dahlman Rose to "hold" from "buy," citing concerns about the company’s Mountain Pass project being completed on schedule.

Car-Mart plunged after its first-quarter profit fell 2 percent and the used-car seller set aside more money for credit losses.

—By CNBC's Rich Fisherman.

Questions? Comments? Email us at marketinsider@cnbc.com

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  • 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.

  • Sharon Epperson is CNBC's senior commodities 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.

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