Breaking News
Quotes
All Instrument Types
  • All Instrument Types
  • Indices
  • Equities
  • ETFs
  • Funds
  • Commodities
  • Currencies
  • Crypto
  • Bonds
  • Certificates

Please try another search

Search website for: 
Popular News
More
Popular Analysis
More
More
/Free Sign Up
 Investing Pro 0
Extended Sale! Save on premium data with Claim 60% OFF

Midday movers: Morgan Stanley, Pinterest, Masimo and more

AuthorLiz MoyerStock Markets
Published Jul 18, 2023 08:09AM ET Updated Jul 18, 2023 12:46PM ET
2
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
© Reuters.
 
BAC
+0.43%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
 
Create New Watchlist Create
Create a new holdings portfolio Add Create
+ Add another position Close
PFE
-0.59%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
 
Create New Watchlist Create
Create a new holdings portfolio Add Create
+ Add another position Close
MS
+1.20%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
 
Create New Watchlist Create
Create a new holdings portfolio Add Create
+ Add another position Close
CMG
+0.70%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
 
Create New Watchlist Create
Create a new holdings portfolio Add Create
+ Add another position Close
MASI
+2.76%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
 
Create New Watchlist Create
Create a new holdings portfolio Add Create
+ Add another position Close
NVS
-1.15%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
 
Create New Watchlist Create
Create a new holdings portfolio Add Create
+ Add another position Close

Investing.com -- U.S. stocks are rising on Tuesday as investors digested a deluge of corporate earnings, especially from big banks. 

Here are some of the biggest U.S. stock movers today:

  • Bank of America (NYSE:BAC) stock rose 4.7% after the lending giant reported a rise in second-quarter profit as it earned more from customers' loan payments, while its trading arm fared better than expected.

  • Morgan Stanley (NYSE:MS) stock rose 6.7% after the investment bank beat expectations for adjusted profit and revenue as strength in wealth management helped overcome weakness in deal activity.

  • Shopify (NYSE:SHOP) stock fell 2.4% after Evercore ISI downgraded its stance on the e-commerce company to ‘in line’ from ‘outperform,’ saying the risk-reward outlook on the stock is now less compelling.

  • Pinterest (NYSE:PINS) stock rose 3.8% after Evercore ISI upgraded its stance on the image-sharing company to ‘outperform‘ from ‘in line’, citing evidence of stabilizing digital ad spend and potential for recovery.

  • Pfizer (NYSE:PFE) stock rose 1.1% after the drugmaker and venture capital firm Flagship Pioneering agreed to invest $100 million to discover and develop 10 new potential drugs.

  • Chipotle (NYSE:CMG) stock rose 0.6% after the fast food chain signed a deal with Kuwait-based Alshaya Group, its first-ever franchise partner, to open locations in the Middle East next year.

  • Novartis (NYSE:NVS) ADRs rose 4.3% after the Swiss drugmaker raised its full-year profit and revenue outlook following solid second-quarter sales, and proposed a timeline for the spin-off of its Sandoz generic medicines unit.

  • Masimo (NASDAQ:MASI) stock fell 21% after the medical device maker reported weaker-than-expected second-quarter sales due to a weak performance at its healthcare segment.

-- Peter Nurse contributed to this report

Midday movers: Morgan Stanley, Pinterest, Masimo and more
2
 
Comments (2)
2

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.
  • Any comment you publish, together with your investing.com profile, will be public on investing.com and may be indexed and available through third party search engines, such as Google.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

I Agree
Write your thoughts here
 
Are you sure you want to delete this chart?
Delete Cancel
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
Replace Cancel
1000
Comment Guidelines
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
Comments (2)
Derick Lim
Derick Lim Jul 18, 2023 8:48AM ET
Save
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Block User
There's definitely plenty of interest in Pinterest since they lowered the earning forecast compared to last year ....how worse can it be ?
Reply
3 0
Report
Stephen Fa
Stephen Fa Jul 18, 2023 8:43AM ET
Save
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Block User
Retail sales disappoint indicating Fed fight is working and recession more likely.
Reply
1 0
Report
 
Are you sure you want to delete this chart?
Delete Cancel
 
Post
 
Replace the attached chart with a new chart ?
Replace Cancel
1000
Comment Guidelines
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Cancel Attach
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Confirm Block Cancel
Ok
Report this comment

I feel that this comment is:

Submit
Comment flagged

Thank You!

Your report has been sent to our moderators for review
Close
Continue with Google
or
Sign up with Email