Let’s check out the Yahoo Finance charts of the day.
Netflix (NFLX): SunTrust Robinson upgraded Netflix’s stock to “buy” from “neutral” as they see the recent pullback as a buying opportunity. The firm also noted recent price increases and solid subscriber trends for the video streaming service.
Microsoft (MSFT): According to a Wall Street Journal report, Microsoft is being investigated by the Justice Department and the Securities and Exchange Commission over software sales in Hungary. The probe centers on whether intermediary firms offered bribes and kickbacks to government officials in order sell software to the government.
Gap (GPS): The apparel retailer beat estimates by 4 cents a share, with a quarterly profit of 76 cents per share. Revenue was also above Wall Street forecasts, however the parent of Gap, Banana Republic and Old Navy suffered a bigger-than-expected decline in comparable-store sales.
For more on today’s big stock movers check out the Final Round, live at 3:30 p.m. ET, right here on Yahoo Finance.