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U.S. Midday Stock Moves: AA, COHR, BHF, NRG, PLUG, COUP

Daniel SmootStansberry NewsWire

Advances:

  • Alcoa (AA) +3.1%. AA shares were upgraded from "hold" to "buy" at Deutsche Bank.
  • Coherent (COHR) +2.5%. COHR received an acquisition from Lumentum.
  • Brighthouse Financial (BHF) +2.4%. BHF shares trended higher after the company released distributable earnings scenarios.

Declines:

  • NRG Energy (NRG) -16.3%. NRG withdrew its full-year 2021 outlook.
  • Plug Power (PLUG) -15.2%. PLUG said its 2018 and 2019 financial numbers should not be relied on.
  • Coupa Software (COUP) -7.4%. COUP's first-quarter guidance disappointed.
  • Teladoc (TDOC) -7.2%. Deutsche Bank cut its price target for TDOC.
  • AbbVie (ABBV) -5.9%. ABBV announced that the U.S. Food and Drug Administration extended its review period for its arthritis treatment.
  • Uber Technologies (UBER) -4.9%. UBER announced it will reclassify more than 70,000 U.K. drivers, providing them with employee benefits.
  • CVS Health (CVS) -2.5%. CVS shares were downgraded from "buy" to "neutral" at Guggenheim.