A logo is displayed next to a gas turbine at the General Electric Co. (GE) energy plant in Greenville, South Carolina, U.S., on Tuesday, Jan. 10, 2017. General Electric Co. is scheduled to release earnings figures on January 20.
Sharrett / Bloomberg / Getty Images
Check out the companies making headlines in midday trading.
General Electric — Shares of the industrial conglomerate slid more than 7% after Oppenheimer downgraded the stock to perform from outperform. The downgrade was triggered by valuation concerns and the Wall Street firm still believes the foundation was “solid” for the company. Shares have rallied more than 13% this year.
Roblox — Shares of the video game company rose…
Source cnbc.com
Leave a Reply