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Akamai Technologies (AKAM) Shares Skyrocket, What You Need To Know
Shares of cloud technology company Akamai Technologies (NASDAQ:AKAM) jumped 5.6% in the afternoon session after Morgan Stanley upgraded the company's stock from 'Underweight' to 'Overweight' and raised its price target to $115 from $83.
Why Baxter (BAX) Stock Is Trading Lower Today
Shares of healthcare company Baxter International (NYSE:BAX) fell 4.5% in the afternoon session after Barclays lowered its price target on the stock to $30 from $36, signaling a more cautious outlook on the company.
Why American Eagle (AEO) Stock Is Trading Lower Today
Shares of young adult apparel retailer American Eagle Outfitters (NYSE:AEO) fell 2.9% in the afternoon session after investor concerns over the impact of tariffs overshadowed the company's positive business update.
Why Duolingo (DUOL) Shares Are Falling Today
Shares of language-learning app Duolingo (NASDAQ:DUOL) fell 6.6% in the afternoon session after the company announced a CFO transition and provided preliminary fourth-quarter results that appeared to concern investors.
Why Are Pure Storage (PSTG) Shares Soaring Today
Shares of data storage solutions provider Pure Storage (NYSE:PSTG) jumped 8.3% in the afternoon session after the company made strategic announcements regarding partnerships aimed at enhancing its technological capabilities and expanding its market presence.
Qualcomm (QCOM) Stock Trades Down, Here Is Why
Shares of wireless chipmaker Qualcomm (NASDAQ:QCOM) fell 3.4% in the afternoon session after Mizuho Securities downgraded the company to Neutral from Outperform, citing challenges in the handset business.
Why Warby Parker (WRBY) Shares Are Getting Obliterated Today
Shares of eyewear retailer Warby Parker (NYSE:WRBY) fell 5.5% in the afternoon session after reports revealed significant stock sales by two of the company's Co-Chief Executive Officers.
Why American Express (AXP) Shares Are Falling Today
Shares of global payments company American Express (NYSE:AXP) fell 4.1% in the afternoon session after President Donald Trump announced a call for a 10% cap on credit card interest rates.
Why Triumph Financial (TFIN) Shares Are Falling Today
Shares of financial services company Triumph Financial (NASDAQ:TFIN) fell 3.4% in the afternoon session after B. Riley Securities downgraded its rating on the company's stock to 'Neutral' from 'Buy', citing valuation concerns.
1 Momentum Stock with Impressive Fundamentals and 2 Facing Challenges
Each stock in this article is trading near its 52-week high. These elevated prices usually indicate some degree of investor confidence, business improvements, or favorable market conditions.