Check out this morning’s top movers from around Wall Street, compiled by The Fly.
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HIGHER –
- Cheesecake Factory (CAKE) up 3% after The Wall Street Journal reported JCP Investments has accumulated a 2% stake in Cheesecake Factory and is urging its board to spin out three of its brands
UP AFTER EARNINGS –
- 3M (MMM) up 5%
- Philip Morris (PM) up 3%
- General Motors (GM) up 1%
- Quest Diagnostics (DGX) up 1%
- RTX (RTX) up 1%
DOWN AFTER EARNINGS –
- GE Aerospace (GE) down 5%
- Sherwin-Williams (SHW) down 5%
- Kimberly-Clark (KMB) down 4%
- Verizon (VZ) down 2%
- Fiserv (FI) down 1%
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CAKE:
- Cheesecake may not be ‘quick to part with its growth engines,’ says Stephens
- Cheesecake Factory Shares Spike on Activist Investor’s Push for a Breakup
- Cheesecake Factory price target raised to $38 from $35 at Barclays
- Closing Bell Movers: Medpace down 11% after cutting FY24 revenue guide
- Cheesecake Factory up 3% at $43.78 after WSJ report of JCP Investments stake