Advertisement
UK markets close in 3 hours 19 minutes
  • FTSE 100

    8,300.10
    +86.61 (+1.05%)
     
  • FTSE 250

    20,392.16
    +227.62 (+1.13%)
     
  • AIM

    777.50
    +5.97 (+0.77%)
     
  • GBP/EUR

    1.1653
    -0.0006 (-0.05%)
     
  • GBP/USD

    1.2548
    -0.0015 (-0.12%)
     
  • Bitcoin GBP

    50,710.03
    -504.75 (-0.99%)
     
  • CMC Crypto 200

    1,316.40
    -48.72 (-3.57%)
     
  • S&P 500

    5,180.74
    +52.95 (+1.03%)
     
  • DOW

    38,852.27
    +176.59 (+0.46%)
     
  • CRUDE OIL

    78.23
    -0.25 (-0.32%)
     
  • GOLD FUTURES

    2,319.30
    -11.90 (-0.51%)
     
  • NIKKEI 225

    38,835.10
    +599.03 (+1.57%)
     
  • HANG SENG

    18,479.37
    -98.93 (-0.53%)
     
  • DAX

    18,275.44
    +100.23 (+0.55%)
     
  • CAC 40

    8,015.98
    +19.34 (+0.24%)
     

Today's charts: Avis spikes on Waymo deal; Costco gets upgraded; Pandora CEO could step down

Yahoo Finance is tracking Pandora, Costco, Avis, Alphabet and Micron in intraday trading on Monday.

Pandora (P) – Reports of a shakeup in management is moving Pandora’s stock in intraday trading on Monday. Recode is reporting that the music streaming company’s co-founder, Tim Westergren, will step down from his role as CEO. This follows Sirius XM’s $480 million investment in Pandora, which was announced earlier this month.

Costco (COST) – Raymond James thinks investors oversold Costco following Amazon’s (AMZN) deal to buy Whole Foods (WFM). The firm upgraded Costco to outperform and raised its 12-month price target on the stock to $173, implying a 10% move to the upside from its closing price on Friday. Costco’s stock is down about 4% over the past three months.

Avis (CAR) – Google’s parent company Alphabet (GOOGL) has reached a multi-year deal with Avis. The two companies will work alongside each other in the self-driving car space. Google’s Waymo will rely on Avis to manage its fleet of self-driving Chrysler vans, which includes parking, cleaning and oil changes. The service agreement is expected to begin later this year.

ADVERTISEMENT

Micron (MU) – Cowen raised its price target on Micron to $38 from $34 while maintaining its outperform rating. The firm thinks Wall Street is underestimating Micron’s EPS by up to 10 cents for the fourth quarter. Shares of Micron have rallied about 47% since the start of the year.

For more on Monday’s big stock movers, check out the Final Round, live at 4 p.m. ET, right here on Yahoo Finance.