Closing Bell: Expedia Gains, Movies Climb After Solid Weekend, Canada Goose Falls
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostic, Emily Graffeo, Norah Mulinda, Tim Stenovec
- Expedia (EXPE) shares climb as much as 5.1% on Monday to reach an intraday record after Evercore ISI lifted the price target on the online travel agency to a Street-high $430 from $375. Maintains outperform rating.
-IMAX climbs 3.4% and Cinemark (CNK) gains 5.4% after the release of weekend box office numbers that B Riley’s Drew Crum dubbed as “solid.” Domestic box office for August 21 through August 23 amounted to $129 million, up 64% year-over-year, led by Spider-Man: Brand New Day, Crum said
- Canada Goose Holdings (GOOS) shares fall after it was downgraded to underweight from overweight at Wells Fargo Securities as it sees weather and tariffs weighing on the parka maker’s full-year earnings.
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