Stock Market Roundup Dec. 6: CMG, TEVA, Oil Futures Fall
Although it was a relatively sound trading day overall, Tuesday was marred by nervousness and hesitation for some struggling companies, including Chipotle CMG and Teva Pharmaceutical Industries TEVA. Oil closed down the day 2% as traders grow increasingly cautious on OPEC’s ability to follow through on its production cut deal.
Zacks Rank #1 (Strong Buy) Biggest Movers
Value: Kemet Corp. KMT +6.54%
Growth: Intralinks Holdings Inc. IL +16.37%
Momentum: Health Insurance Innovations Inc. HIIQ +7.60%
VGM: Health Insurance Innovations
Income: Societe Generale SA SCGLY +6.39%
Major Indexes
DOW: 19,251.79 / +35.54 / +0.18%
NASDAQ: 5,333.00 / +24.11 / +0.45%
S&P 500: 2,212.23 / +7.52 / +0.34%
Top Headlines
Here's Why Teva Pharmaceutical's Stock Is Down Today
Shares of Teva Pharmaceutical Industries slipped over 5.8% in morning trading Tuesday after the company announced a change in upper-level management.
Here's Why Chipotle is Getting Slammed Today
On Tuesday, shares of fast-casual burrito king Chipotle Mexican Grill got slammed, down almost 7% in late-morning trading on reports that the company is “nervous” about its downbeat sales guidance.
Here's Why Oil Prices Slipped Today
Tuesday’s oil trading seems to be a result of weary traders cashing in on recent gains ahead of the U.S. inventory data announcement and before OPEC can backpedal on its promise to slash output by more than 1 million barrels a day.
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KENNAMETAL INC (KMT): Free Stock Analysis Report
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CHIPOTLE MEXICN (CMG): Free Stock Analysis Report
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