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. 
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