Stocks to Watch: WYNN, QCOR, CBRL & More

Wednesday, 19 Sep 2012 | 12:23 PM ET

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

Wynn Resorts moved higher after a Goldman report calling for a special dividend.

Questcor Pharmaceuticals plummeted after a note by Citron Research that said Aetna was dropping most of its coverage on the company’s multiple sclerosis drug Acthar.

Cracker Barrel soared after posting quarterly earnings that nearly doubled.

Homebuilders, including Pulte, Ryland, DR Horton, KB Homes and Lennar all rose after a strong August existing home sales report.

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Achillion gained ground after BofA/Merrill raised its rating to "buy" from "underperform," saying it’s more optimistic on the hepatitis-c drugmaker’s drug combo. But it cut Idenix to "neutral" from "buy," saying it has “limited hope” for that company’s own treatments.

Groupon rose after the company said it is launching a new mobile payments service in the U.S.

3M was higher despite its cautionary outlook for the economy, saying its previous long-term 7 to 8 percent revenue growth target is now a stretch.

Toymakers, including Mattel , Hasbro and Jakks Pacific all fell after Needham downgraded the stocks to "hold" from "buy," citing red flags regarding third-quarter sales.

Airlines, including United Continental, Delta, US Airways, Southwest and JetBlue soared as oil prices continued to sell-off.

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Bon-Ton Stores moved lower after Credit Suisse cut its rating to "underperform" from "neutral," based on valuation.

Vera Bradley moved higher after JPMorgan upgraded the women’s accessories retailer to "overweight" and raised its price target to $30.

—By CNBC's Rich Fisherman.

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


  • 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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