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Stock Market Roundup Dec. 6: CMG, TEVA, Oil Futures Fall

Published 12/06/2016, 05:19 AM
Updated 07/09/2023, 06:31 AM

Although it was a relatively sound trading day overall, Tuesday was marred by nervousness and hesitation for some struggling companies, including Chipotle (NYSE:CMG) and Teva Pharmaceutical Industries (NYSE:TEVA) . Oil closed down the day 2% as traders grow increasingly cautious on OPEC’s ability to follow through on its production cut deal.

Zacks Rank #1 (Strong Buy) Biggest Movers

Value: Kemet Corp. (NYSE:KMT) +6.54%

Growth: Intralinks Holdings Inc. (NYSE:IL) +16.37%

Momentum: Health Insurance Innovations Inc. (NASDAQ:HIIQ) +7.60%

VGM: Health Insurance Innovations

Income: Societe Generale (PA:SOGN) SA (OTC:SCGLY) +6.39%

Major Indexes

DOW: 19,251.79 / +35.54 / +0.18%

NASDAQ: 5,333.00 / +24.11 / +0.45%

S&P 500: 2,212.23 / +7.52 / +0.34%

Top Headlines

Here's Why Teva Pharmaceutical's Stock Is Down Today

Shares of Teva Pharmaceutical Industries slipped over 5.8% in morning trading Tuesday after the company announced a change in upper-level management.

Here's Why Chipotle is Getting Slammed Today

On Tuesday, shares of fast-casual burrito king Chipotle Mexican Grill got slammed, down almost 7% in late-morning trading on reports that the company is “nervous” about its downbeat sales guidance.

Here's Why Oil Prices Slipped Today

Tuesday’s oil trading seems to be a result of weary traders cashing in on recent gains ahead of the U.S. inventory data announcement and before OPEC can backpedal on its promise to slash output by more than 1 million barrels a day.

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SOCIETE GENL FR (SCGLY): Free Stock Analysis Report

KENNAMETAL INC (KMT): Free Stock Analysis Report

TEVA PHARM ADR (TEVA): Free Stock Analysis Report

CHIPOTLE MEXICN (CMG): Free Stock Analysis Report

HEALTH INS INN (HIIQ): Free Stock Analysis Report

INTRALINKS HLDG (IL): Free Stock Analysis Report

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