Saturday, March 2, 2024
Homemarket insiderMidday movers: Carnival, Netflix, Pfizer & More

Midday movers: Carnival, Netflix, Pfizer & More

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

Carnival – The cruise operator declined after projecting a full-year profit beneath estimates.

United States Steel and AK Steel Holding – Both rose after Goldman Sachs repeated buy ratings.

Chipotle Mexican Grill – The momentum stock continued to fall, after rising more than 80 percent over the past year.

Netflix – Shares of the momentum stock fell, after rising more than 100 percent over the past year.

SolarCity – Shares climbed on news it received a $250 million loan from a group of lenders to help finance solar projects for homeowners and businesses.

EBay – Shares fell. The company urged shareholders to vote against Carl Icahn's proposal to spin off the company's PayPal unit.

Pfizer – Shares gained after the company said its cancer drug was superior to chemotherapy as a first-line treatment for a certain type of lung cancer in a late-stage study.

The Carlyle Group – Shares rose after the company said Michael Cavanagh would join the company this summer. At JPMorgan until Tuesday, Cavanagh was considered a possible successor to JPMorgan CEO Jamie Dimon.

Paccar – Shares rose after Goldman Sachs upgraded the semi-truck maker to buy from neutral.

Navistar International – Shares fell after UBS downgraded the truck maker to neutral from buy.

NPS Pharmaceuticals – Shares rose after Goldman Sachs began coverage with a buy rating.

G-III Apparel Group – Shares fell after the women's sportswear company said it could report a loss in the current quarter and forecast full-year results below expectations.

Himax Technologies – Shares slid after Bank of America/Merrill Lynch downgraded the stock to underperform from buy.

KBR – Shares fell after Goldman Sachs downgraded the engineering and construction firm to neutral from buy.

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—By CNBC's Rich Fisherman.

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