Alibaba stock

2022 - 3 - 15

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Image courtesy of "CNBC"

Stocks making the biggest moves midday: Alibaba, Apple ... (CNBC)

Check out the companies making headlines in midday trading. Alibaba, Baidu, JD.com — Shares of the China-based companies fell after JPMorgan Chase ...

Papa John's — Shares rose more than 2% after Loop Capital reiterated its buy rating on the pizza chain. Tyson Foods — The poultry company's stock fell 2.4% after BMO Capital markets downgraded the it to market perform from outperform. On Monday, UBS reiterated a buy rating for Nike, but analysts noted that its business in China is not recovering as fast as the firm expected. The Wall Street firm slashed its price projection on Ford shares to $18 from $20, citing worries about "a stagflationary environment of higher input costs and continued supply constraints." Alibaba, Baidu, JD.com — Shares of the China-based companies fell after JPMorgan Chase downgraded the stocks to underweight. Occidental Petroleum, Chevron – The energy companies fell 4% and 2.5% after analysts at Morgan Stanley downgraded the stocks to equal-weight from overweight.

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