business newsThe Midday S&P 500 Is Up After a Wave of Upgrades
By
Anthony Shields Dec 11, 2012 3:00 pm
However, discount retailers Family Dollar Stores and Dollar General are down.
PRINT
MINYANVILLE ORIGINAL The S&P 500 (INDEXSP:INX) is up .90% to 1431.34 points as of 2:25 p.m. EST today. Leading the rise is TripAdvisor (NASDAQ:TRIP), which gained 8.70% to $41.73 per share after being upgraded by several firms. Also up is Urban Outfitters (NASDAQ:URBN), which rose 5.43% to $39.41 per share after the retailer stated that fourth-quarter comparable sales are up in the high-single-digit percentage so far. On the other hand, Family Dollar Stores (NYSE:FDO) is down 8.52% to $64.57 per share. An article from Barron's speculates that the company is falling alongside its rival, Dollar General (NYSE:DG), which is down 7.30% to $43.15 per share because of poor third-quarter results.
No positions in stocks mentioned.
Daily Recap
Everything you need to know for the next trading day.
Trading Radar (weekly)
Your road map to all the events that will effect financial markets in the week ahead.
Name
Email
*
Phone
* required field
