Morning Movers: Arconic Tumbles, DaVita Drops, Coach Rises

Stocks look set for a higher open as the market looks like it got up in the right side of the bed this morning. Could an Italian bank bailout have something to do with it?

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S&P 500 futures have advanced 0.3%, while Dow Jones Industrial Average futures have risen 0.4%. Nasdaq Composite futures have gained 0.5%.

Arconic (ARNC) has tumbled 6.3% to $23.92 after Reuters reported that it had " supplied combustible cladding to a distributor for use at Grenfell Tower."

Coach (COH) has risen 0.9% to $47.12 after getting upgraded to Buy from Neutral at Buckingham Research.

Costco Wholesale (COST) has advanced 0.6% to $158.04 after getting raised to Outperform from Market Perform at Raymond James.

DaVita (DVA) has fallen 1.4% to $64 after getting cut to Hold from Buy at Jefferies.

NCR (NCR) has gained 3.5% to $40 after receiving a positive take inBarron's.

Nestle (NSRGY) has tricked up 0.5% to $84.83 on reports that Daniel Loeb's Third Pointconfirmed it had take a position in the company and pressed for changes in a letter to shareholders.

Regeneron Pharmaceuticals (REGN) has declined 0.6% to $514.25 after getting cut to Market Perform from Outperform at Bernstein.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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