Stocks making the biggest moves midday: Zillow, Microsoft, Meta, Fidelity National and more
Publishing timestamp: 2023-02-13 16:55:36
Summary
This article discusses the stock performance of several public companies, including Zillow Group, Microsoft, Twilio, Ralph Lauren, Facebook (Meta), Fidelity National Information Services, AllianceBernstein, XPO, Henry Schein, Fastly, Five Below, Tesla, and Illumina. Evercore ISI upgraded Zillow Group's stock to outperform, Morgan Stanley reiterated its overweight rating for Microsoft, Twilio announced plans to cut 17% of its workforce, Bank of America upgraded Ralph Lauren's stock to buy, Meta is reportedly planning another round of layoffs, Fidelity National Information Services gave weak guidance for the first quarter, Credit Suisse upgraded AllianceBernstein to outperform, Bank of America double upgraded Fastly to buy, Roth MKM upgraded Five Below to buy, Tesla must open its supercharging network to competitors to qualify for US subsidies, and Illumina is one of stocks Goldman Sachs recently named as "likely to generate largest alpha." Overall sentiment is mixed.
Sentiment: MIXED
Tickers: FSLY, MSFT, ILMN, TWLO, XPO, FIS, RL, TSLA, FIVE, AB, HSIC, ZG, Z, META,
Keywords: alliancebernstein holding lp, markets, economy, five below inc, twilio inc, market insider, business, henry schein inc, illumina inc, meta platforms inc, business news, breaking news: markets, zillow group inc, stock markets, ralph lauren corp, microsoft corp, fidelity national information services inc, xpo logistics inc, fastly inc, tesla inc,
Source: https://www.cnbc.com/2023/02/13/stocks-moving-big-midday-z-msft-meta-fis-fsly.html