Stocks slumped after initially rising amid light trading at the beginning of the week before Christmas.
The Dow Jones Industrial Average fell more than 20 points, as the market struggled to hold on to strong December gains. Through last Friday,the Dow had gained nearly 4.5 percent for the month, and more than 10 percent for the year-to-date, while the S&P 500 Index was trading at a 52-week-high, up more than 5 percent for the month and 11.55 percent for the year-to-date.
So which individual stocks are worth watching today? Here are six that are on the move: So which stocks are worth watching today?
Procter & Gamble
The household products manufacturer was upgraded to buy from neutral at Buckingham.
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American Eagle Outfitters
The retail clothing chain was downgraded to neutral from positive by Susquehanna, the firm saying promotions are eating into the retailer's margins.
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Gilead
The biotechnology company agreed to acquire biotech drug developer Arresto Biosciences for $225 million.
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MetroPCS Communications
The mobile telecommunications company was raised to outperform from sector perform by RBC.
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Chelsea Therapeutics
The pharmaceutical company says it intends to accelerate its application for a new drug to treat a chronic drop in blood pressure.
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Bank of the Ozarks
The bank holding company hit a new 52-week high.
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