Midday movers: Facebook, Netflix, Tempur-Pedic

Stocks edge up, buoyed somewhat by Boeing's solid earnings report.

By MSN Money Partner Oct 24, 2012 1:40PM
 Wall Street sign copyright Corbis, SuperStocklogoInformation provided by Theflyonthewall.com

Boeing (BA), unlike several Dow components before it, cheered investors with better-than-expected earnings and an upbeat forecast. Shares pulled back from their early session high, but remained up about 1% near midday.

Shares of fellow Dow member AT&T (T) were fractionally lower after its earnings beat consensus but its revenues missed.

Among the notable stock market gainers Wednesday was Facebook (FB), which surged 21% following upgrades at Citigroup and Stifel Nicolaus after its Q3 results. Also higher were shares of Monster Beverage (MNST), which bounced back over 12% after two straight down days as UBS said it sees the weakness in shares as a buying opportunity. 

Among the noteworthy losers were Tempur-Pedic (TPX), down 21% after the company slashed its 2012 outlook, and Netflix (NFLX), down 12% as Piper Jaffray, Citigroup and Oppenheimer, among others, lowered their price target on shares following its Q3 report. 
0Comments

DATA PROVIDERS

Copyright © 2014 Microsoft. All rights reserved.

Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.

STOCK SCOUTER

StockScouter rates stocks from 1 to 10, with 10 being the best, using a system of advanced mathematics to determine a stock's expected risk and return. Ratings are displayed on a bell curve, meaning there will be fewer ratings of 1 and 10 and far more of 4 through 7.

120
120 rated 1
265
265 rated 2
460
460 rated 3
719
719 rated 4
629
629 rated 5
629
629 rated 6
622
622 rated 7
437
437 rated 8
319
319 rated 9
116
116 rated 10
12345678910

Top Picks

SYMBOLNAMERATING
BBBYBED BATH & BEYOND INC10
FOXATWENTY-FIRST CENTURY FOX Inc CLASS A10
TWXTIME WARNER Inc10
COPCONOCOPHILLIPS9
HDHOME DEPOT Inc9
More

VIDEO ON MSN MONEY

ABOUT

Top Stocks provides analysis about the most noteworthy stocks in the market each day, combining some of the best content from around the MSN Money site and the rest of the Web.

Contributors include professional investors and journalists affiliated with MSN Money.

Follow us on Twitter @topstocksmsn.