Market Insider

Midday movers: Target, JetBlue, Qualcomm & more

Scott Mlyn | CNBC

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

Target - The discount retailer gained after reporting a better-than-expected quarterly profit.

JetBlue Airways - The carrier rose after saying it would charge some customers for their first checked bag.

Qualcomm - The chip manufacturer dropped after offering a more conservative five-year forecast than in the past.

Johnson Controls - The making of heating and other industrial systems climbed after hiking its quarterly dividend.

Paramount Group - The real estate investment trust rose in its market debut.

Clovis Oncology - The drug developer fell after releasing slightly disappointing data on its treatment for lung cancer.

Dish Network - The satellite-TV provider surged as bids in the FCC's airwaves auction increased the value of the company's spectrum holdings.

Family Dollar Stores - The retailer fell after the New York Post reported Dollar General may have to divest more than 4,000 stores to obtain approval of its purchase of Family Dollar Stores.

Cliff Natural Resources - The company declined after saying it might have to shutter an iron ore mine in Quebec at a cost of $600 to $700 million.

Blackberry - The Canadian maker of wireless devices dropped after Morgan Stanley downgraded the stock to underweight from equalweight.

Agios Pharmaceuticals - The drug developer jumped after reporting positive clinical data on its treatment for leukemia.

Oplink Communications - The maker of optical-networking components climbed after saying it would be purchased by a subsidiary of Koch Industries.

Vertex Pharmaceuticals - The drug developer rose after investment firm Royalty Pharma said it would buy royalties on the company's cystic fibrosis treatment.

Netflix - The streaming service dropped after saying it postponed the launch of a Bill Cosby stand-up special after former supermodel Janice Dickinson joined several other women is accusing Cosby of sex crimes in the 1970s and '80s.


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