Midday Movers: Marathon Oil, Boeing, Costco Wholesale and More
Get Alerts APA Hot Sheet
Price: $32.34 +1.06%
Overall Analyst Rating:
NEUTRAL (= Flat)
Dividend Yield: 3.1%
Revenue Growth %: -8.0%
Overall Analyst Rating:
NEUTRAL (= Flat)
Dividend Yield: 3.1%
Revenue Growth %: -8.0%
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By Liz Moyer
Investing.com -- U.S. stocks tumbled into a bear market for the Dow on Friday on worries about a global recession. Here are the midday movers for Sept. 23:
- Oil company stocks plunged as prices for both benchmark commodities, WTI and Brent crude, fell 6% and 5%, respectively. APA Corporation (NASDAQ: APA) shares fell 12%, Marathon Oil Corporation (NYSE: MRO) shares were down 11% and Halliburton Company (NYSE: HAL) fell 10.4%.
- Boeing Co (NYSE: BA) stock fell 6% a day after it announced a $200 million settlement with the Securities and Exchange Commission related to the 737 MAX.
- Costco Wholesale Corp (NASDAQ: COST) shares fell 3.6% after it beat expectations but said margins were being pinched by higher freight and labor costs.
- Fubotv Inc (NYSE: FUBO) shares rose 3.6% after Wedbush upgraded it to outperform from neutral, calling the current stock price an attractive entry point for the connected streaming service.
- YETI Holdings Inc (NYSE: YETI) stock fell 5.8% after the maker of coolers and reusable drink containers said its CFO would depart next month.
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