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Today's Morning Movers and Top Ratings: AAPL, BA, ACN, ROK and More

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Movers and Shakers wrote a column · Dec 19, 2023 07:16
Morning Movers
Gapping up
$Boeing(BA.US)$ stock rose 0.9% after the German carrier Lufthansa ordered 40 737 planes, for the first time since 1995.
$Apple(AAPL.US)$ stock rose 0.3% even after the tech giant said it would pause sales of its Series 9 and Ultra 2 smartwatches in the United States from this week, as it deals with a patent dispute over the technology that enables the blood oxygen feature on the devices.
$Alphabet-A(GOOGL.US)$ stock rose 0.4% despite its Google unit agreeing to pay $700 million to settle a lawsuit brought against the search giant by U.S. states and consumers over anticompetitive practices at its Play app store on Android devices.
$Tesla(TSLA.US)$ stock rose 0.5% after CNBC reported the EV manufacturer is planning a 10% or greater pay rise for some set-rate hourly employees at its battery factory in Nevada, a move that could help Tesla persuade workers at the site not to form a union and demand a collective agreement.
Gapping down
$Accenture(ACN.US)$ stock fell 1.9% after the IT consultant said it expects revenues in its current quarter to be lower than the prior three-month period due to negative currency effects, although tailwinds remained from hype around artificial intelligence.
$PepsiCo(PEP.US)$ stock fell 0.6% after JPMorgan downgraded its stance on the soft drinks giant to ‘neutral’ from ‘overweight’, citing “limited room for positive surprises.”
Source: CNBC; Investing.com
US Top Rating Updates on 12/19
Today's Morning Movers and Top Ratings: AAPL, BA, ACN, ROK and More
Source: Dow Jones
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