Stocks making the biggest moves midday: Snap, Boston Beer, Duluth Holdings & more

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These are the stocks posting the largest moves midday Friday.

div > div.group > p:first-child"> Boston Beer — The Sam Adams brewer dropped nearly 4% after Goldman Sachs downgraded the stock to sell from buy, citing an intensifying beer market throughout the remainder of 2019.

Louisiana-Pacific — Louisiana Pacific shares were up over 4% in midday trading after Stephens upgraded the stock to overweight from equal weight, noting the company's strong balance sheet, commitment to capital discipline and"unusually high operating leverage" will help the stock. Lennar — Lennar shares were up nearly 2% in midday trading on Friday, after J.P Morgan Securities added the company to its"Focus List," noting the homebuilder's valuation is attractive relative to its competitors.

HomeStreet — The financial services company jumped more than 8% after announcing it may repurchase up to $75 million in stock. The company also announced the sale of two of its businesses.

Source: News Formal (newsformal.com)

 

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