Four largest U.S. airlines dip after Warren Buffett sold Berkshire Hathaway's (BRK.B) stakes in the companies Check out this morning's top movers from around Wall Street, compiled by The Fly.
HIGHER -
- Stemline (STML) up 153% after Menarini Group and the company announced a definitive agreement under which Menarini Group will acquire Stemline in a transaction valued up to $677M
- Mallinckrodt (MNK) up 4% after announcing that its observational registry comparing the safety and effectiveness of INOmax gas in term and near-term neonates to that in preterm neonates with pulmonary hypertension, was ended early due to achievement of the pre-specified primary outcome measure
- PG&E (PCG) up 4% after UBS analyst Dan Ford upgraded shares to Buy from Neutral with a price target of $15, up from $14
- Canopy Growth (CGC) up 6% after
Constellation Brands (STZ) raised its stake in the company to 38.6%
UP AFTER EARNINGS -
- Starwood Property (STWD) up 2%
DOWN AFTER EARNINGS -
- Summit Midstream (SMLP) down 19%
- Ceragon Networks (CRNT) down 5%
- Berkshire Hathaway (BRK.B) down 1%
- CSI Compressco (CCLP) down 6%
DOWN AFTER WARREN BUFFET SOLD BERKSHIRE HATHAWAY'S POSITION IN THE COMPANY -
- American Airlines (AAL) down 11%
- United Airlines (UAL) down 10%
- Southwest (LUV) down 7%
- Delta Air Lines (DAL) Down 10%
ALSO LOWER -
- Disney (DIS) down 3% after MoffettNathanson analyst Michael Nathanson downgraded the stock to Neutral from Buy with a price target of $112, down from $120
Symbols:
STML MNK PCG CGC STWD SMLP CRNT BRK.B BRK.A - $273,450.00 /
-7790 (-2.77%)
CCLP - $0.48 /
-0.0878 (-15.46%)
LUV AAL UAL DAL DIS Keywords: Fly Intel, Wall Street, Top Stories, Stocks