Facebook’s Mark Zuckerberg was back on the Hill wrapping another day of testimony. We have the post-game analysis. Plus, it was a volatile day for the markets with a Trump tweet and missile over Saudi Arabia. And veteran market strategist and economist Ed Yardeni gives us his take on the markets. Plus, CBS and Viacom are back at it again, and this time, Moonves may be out. Catch The Final Round at 3:55 ET p.m. with Jen Rogers and Yahoo Finance markets correspondent Myles Udland and Yahoo Finance Editor-in-Chief Andy Serwer.
Winners and losers
Stocks in the red include Analogic as the health care solutions provider will be acquired by Altaris Capital Partner’s for $84.00 a share, lower than yesterday’s closing price as investors think it should be worth more; Fastenal as the industrial supplier’s shrinking margins sent shares lower; and Avis Budget Group, with shares down as Northcoast Research downgraded the car rental operator to Neutral with a price target of $49.00
Stocks in the green include Hilton as the hotel chain priced a secondary offering at $73 per share as China’s HNA Group – Hilton’s largest shareholder – is selling the shares; Netflix as Goldman Sachs raised its price target to $360 from $315 and reaffirmed the Buy rating for the video streaming internet company; and Mattel, with shares getting a boost as analysts at Jefferies see many of the risks on Mattel baked into the toymaker’s share price.