Tuesday’s biggest gaining and declining stocks
Trending tickers: Amazon.com, Fusion-io and Celgene
Europe stocks fall as earnings jitters set in
5 stocks insiders are buying like crazy
Apple Heading to $750, Premium iPhone Launch Sooner…
Here are some of Tuesday’s most notable stock moves.
Gainers
Shares of Monsanto Co. MON +4.11% rose 4.2% in preopen trading. The company revised higher its financial outlook for fiscal 2013 as it reported first-quarter results that beat analysts’ consensus expectations. See more Monsanto details
Joy Global Inc. JOY +1.72% shares rose 2% in the premarket. Piper Jaffray analysts reportedly upgraded their rating on the supplier of mining equipment to overweight. Read on StreetInsider.com
Perion Network Ltd. PERI +18.73% shares rose 9%. The company said it expects full-year 2013 revenues to exceed $110 million, implying strong top-line growth from 2012. Chief Executive Josef Mandelbaum said he sees 2013 as “a breakout year” for Perion. See more details
Stocks insiders are buying like crazy
Studies show that stocks bought by insiders tend to beat the market. MarketWatch's Laura Mandaro looks at five stocks that insiders are confident will rise.
Decliners
Shares of Fusion-io Inc. FIO -3.94% fell more than 1% in premarket trading. William Blair downgraded its rating on the company to market perform. Read about downgrade on StreetInsider.
Yum Brands Inc. YUM -0.63% shares fell 5%. Late Monday, Yum said it expects its China division’s fourth-quarter same-store sales to fall more than previously expected, as it said poor publicity from a government review of China poultry supplies badly affected its KFC operations there during the last two weeks of December. Read more about Yum warning
Top tickers trending
FIO: Fusion-io shares were also trending on Twitter.
showmedahammer: $FIO could use a kind word from cnbc or the great WOZ to squeeze ‘em out
AnalystWire: William Blair Downgrades Fusion-io ($FIO) to Market Perform http://stks.co/iIcM
AMZN: Amazon.com Inc. AMZN +0.02% grabbed some attention.
Graphics of the Amazon Kindle tablets, as seen during a news conference marking the launch of the devices in September 2011.
retail_guru: BRC confirms my view: UK Xmas was strong for non-food players but web stole show +18%. Grocers left out from seasonal surge $AMZN $WMT
CELG: Celgene Corp. CELG +1.48% was drawing chatter as RBC Capital Markets upgraded the biopharmaceutical firm to outperform from sector perform, and lifted its price target to $100 from $90. Read: Celgene lifted to outperform, $100 target, at RBC |